Aircastle is a holding company. Through its subsidiaries, Co. acquires, leases, and sells commercial jet aircraft to airlines throughout the world. Co. owns and manages on behalf of its joint ventures several aircraft leased to lessees located in various countries. Co.'s aircraft are subject to net leases whereby the lessee is generally responsible for maintaining the aircraft and paying operational, maintenance and insurance costs. In many cases, however, Co. is obligated to pay a portion of specified maintenance or modification costs. Co.'s aircraft types include: A319/A320/A320neo/A321, A330-200/300, 737-700/800/900ER, 777-300ER, E195 and freighters. We show 40 historical shares outstanding datapoints in our AYR shares outstanding history coverage, used to compute AYR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AYR market cap history over the course of time is important for investors
interested in comparing AYR'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 AYR versus a peer is one thing; comparing
AYR 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 AYR can fluctuate over the course of history.
With this page we aim to empower investors researching AYR by allowing them to research the AYR market cap history. |
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Video: The Importance of Market Cap
