Crown Holdings is engaged in the design, manufacture and sale of packaging products for consumer goods and industrial products. Co.'s consumer packaging solutions primarily support the beverage and food industries through the sale of aluminum and steel cans. Co.'s packaging for industrial products includes steel and plastic consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment, which are sold into the metals, food and beverage, construction, agricultural, corrugated and general industries. Co. has the following reportable segments: Americas Beverage, European Beverage, Asia Pacific and Transit Packaging. We show 57 historical shares outstanding datapoints in our CCK shares outstanding history coverage, used to compute CCK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CCK market cap history over the course of time is important for investors
interested in comparing CCK'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 CCK versus a peer is one thing; comparing
CCK 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 CCK can fluctuate over the course of history.
With this page we aim to empower investors researching CCK by allowing them to research the CCK market cap history. |
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Video: The Importance of Market Cap
