Deere & Co. operates the following segments: Agriculture and Turf, which manufactures and distributes a line of agriculture and turf equipment and related service parts, including: utility tractors, tractor loaders, combines, cotton pickers, cotton strippers, and sugarcane harvesters; Construction and Forestry, which manufactures and distributes a range of machines and service parts used in construction, earthmoving, roadbuilding, material handling and timber harvesting, including: backhoe loaders and crawler dozers and loaders; and Financial Services, which finances sales and leases by Co.'s dealers of new and used agriculture and turf equipment and construction and forestry equipment. We show 42 historical shares outstanding datapoints in our DE shares outstanding history coverage, used to compute DE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DE market cap history over the course of time is important for investors
interested in comparing DE'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 DE versus a peer is one thing; comparing
DE 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 DE can fluctuate over the course of history.
With this page we aim to empower investors researching DE by allowing them to research the DE market cap history. |
Video: The Importance of Market Cap
