Beacon Roofing Supply, Inc. is a distributor of specialty building products, including roofing materials and complementary products, such as siding and waterproofing. Co. operates over 570 branches throughout all 50 states in the U.S. and seven provinces in Canada. It is primarily focused on two core markets: residential and non-residential roofing. Its product lines are designed to meet the requirements of its residential, non-residential, and complementary building products customers. It offers its own private label brand, TRI-BUILT, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. We show 58 historical shares outstanding datapoints in our BECN shares outstanding history coverage, used to compute BECN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BECN market cap history over the course of time is important for investors
interested in comparing BECN'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 BECN versus a peer is one thing; comparing
BECN 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 BECN can fluctuate over the course of history.
With this page we aim to empower investors researching BECN by allowing them to research the BECN market cap history. |
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Video: The Importance of Market Cap
