American Water Works is a holding company. Through its subsidiaries, Co. is a publicly-traded water and wastewater utility company. Co. provides drinking water, wastewater and other related services to people in various states. Co.'s Regulated Businesses involve the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. Co.'s Market-Based Businesses provide water and wastewater services to the U.S. government on military installations, as well as municipalities, and utility customers. We show 59 historical shares outstanding datapoints in our AWK shares outstanding history coverage, used to compute AWK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AWK market cap history over the course of time is important for investors
interested in comparing AWK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AWK versus a peer is one thing; comparing
AWK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AWK can fluctuate over the course of history.
With this page we aim to empower investors researching AWK by allowing them to research the AWK market cap history. |
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Video: The Importance of Market Cap
