Clorox is a manufacturer and marketer of consumer products. Co. sells its products through mass retailers, grocery outlets, warehouse clubs, dollar stores, home hardware centers, drug, pet and military stores, third-party and owned e-commerce channels, and distributors. Co. has four reportable segments: Cleaning, which consists of laundry, home care and other products; Household, which consists of charcoal, bags, wraps and containers, cat litter, and digestive health products; Lifestyle, which consists of food products, water-filtration systems and filters, natural personal care products, and dietary supplements; and International, which consists of products sold outside the United States. We show 40 historical shares outstanding datapoints in our CLX shares outstanding history coverage, used to compute CLX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CLX market cap history over the course of time is important for investors
interested in comparing CLX'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 CLX versus a peer is one thing; comparing
CLX 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 CLX can fluctuate over the course of history.
With this page we aim to empower investors researching CLX by allowing them to research the CLX market cap history. |
Video: The Importance of Market Cap
