Caterpillar Inc. is a manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Co. operates through its three primary segments: Construction Industries, Resource Industries and Energy & Transportation. It also provides financing and related services through its Financial Products segment. The Construction Industries segment is primarily responsible for supporting customers using machinery in infrastructure and building construction applications. The Resource Industries segment is primarily responsible for supporting customers using machinery in mining, heavy construction and quarry and aggregates. We show 59 historical shares outstanding datapoints in our CAT shares outstanding history coverage, used to compute CAT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CAT market cap history over the course of time is important for investors
interested in comparing CAT'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 CAT versus a peer is one thing; comparing
CAT 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 CAT can fluctuate over the course of history.
With this page we aim to empower investors researching CAT by allowing them to research the CAT market cap history. |
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Video: The Importance of Market Cap
