BorgWarner is a holding company. Through its subsidiaries, Co. is a global product provider in technology solutions for combustion, hybrid and electric vehicles. Co. manufactures and sells these products worldwide, primarily to original equipment manufacturers of light vehicles (passenger cars, sport-utility vehicles, vans and light trucks). Co.'s segments are: Engine, which provides turbochargers, eBoosters, timing systems, emissions systems, thermal systems, gasoline ignition technology, cabin heaters, battery heaters and battery charging; and Drivetrain, which provides rotating electrical components, power electronics, clutching systems, control modules and all-wheel drive systems. We show 43 historical shares outstanding datapoints in our BWA shares outstanding history coverage, used to compute BWA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BWA market cap history over the course of time is important for investors
interested in comparing BWA'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 BWA versus a peer is one thing; comparing
BWA 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 BWA can fluctuate over the course of history.
With this page we aim to empower investors researching BWA by allowing them to research the BWA market cap history. |
Video: The Importance of Market Cap
