Eastman Chemical is a global specialty materials company. Co.'s Additives and Functional Products segment manufactures materials for products in the transportation; personal care and wellness; food, feed, and agriculture; building and construction; water treatment and energy; consumables; and durables and electronics markets. Co.'s Advanced Materials segment produces and markets polymers, films, and plastics. Co.'s Chemical Intermediates segment sells and markets industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Co.'s Fibers segment manufactures and sells acetate tow and triacetin plasticizers for use in filtration media. We show 57 historical shares outstanding datapoints in our EMN shares outstanding history coverage, used to compute EMN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Eastman Chemical market cap history over the course of time is important for investors
interested in comparing Eastman Chemical'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 Eastman Chemical versus a peer is one thing; comparing
Eastman Chemical 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 Eastman Chemical can fluctuate over the course of history.
With this page we aim to empower investors researching Eastman Chemical by allowing them to research the Eastman Chemical market cap history. |
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Video: The Importance of Market Cap
