Eastman Chemical Co. is a global specialty materials company that produces a range of products found in items people use every day. Its segments include Advanced Materials (AM), Additives & Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets polymers, films, and plastics with differentiated performance properties for value-added end-uses in transportation; durables and electronics; building and construction; medical and pharma, and consumables end-markets. We show 61 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 EMN market cap history over the course of time is important for investors
interested in comparing EMN'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 EMN versus a peer is one thing; comparing
EMN 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 EMN can fluctuate over the course of history.
With this page we aim to empower investors researching EMN by allowing them to research the EMN market cap history. |
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Video: The Importance of Market Cap
