Elanco Animal Health Incorporated is an animal health company. Co. is focused on delivering products and services to prevent and treat disease in farm animals and pets. Its diverse, durable product portfolio serves animals across many species, primarily: dogs, cats and cattle, poultry, swine, and sheep. It offers products in two primary categories: Pet Health and Farm Animal. Its Pet Health portfolio is focused on parasiticides, vaccines and therapeutics. Its Pet Health portfolio has products that protect pets from fleas, ticks and internal parasites. Its Farm Animal portfolio of products is primarily focused on cattle, swine, and poultry. We show 26 historical shares outstanding datapoints in our ELAN shares outstanding history coverage, used to compute ELAN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ELAN market cap history over the course of time is important for investors
interested in comparing ELAN'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 ELAN versus a peer is one thing; comparing
ELAN 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 ELAN can fluctuate over the course of history.
With this page we aim to empower investors researching ELAN by allowing them to research the ELAN market cap history. |
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Video: The Importance of Market Cap
