Commercial Metals manufactures, recycles and fabricates steel and metal products and provides related materials and services through a network of facilities that includes its electric arc furnace (EAF) mini mills, its EAF micro mills, its rerolling mill, steel fabrication and processing plants, construction-related product warehouses and metal recycling facilities in the U.S. and Poland. Through its Tensar operations, Co. is a global provider of ground and soil stabilization solutions selling into various national markets through the following primary product lines: Tensar® geogrids and Geopier® foundation systems. We show 58 historical shares outstanding datapoints in our CMC shares outstanding history coverage, used to compute CMC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CMC market cap history over the course of time is important for investors
interested in comparing CMC'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 CMC versus a peer is one thing; comparing
CMC 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 CMC can fluctuate over the course of history.
With this page we aim to empower investors researching CMC by allowing them to research the CMC market cap history. |
Free CMC Email Alerts:
Video: The Importance of Market Cap
