Eaton Corporation plc is an intelligent power management company. Its Electrical Americas segment consists of electrical components, industrial components, power distribution and assemblies, residential products, single phase power quality and connectivity, wiring devices and others. The Electrical Global segment consists of electrical components, industrial components, power distribution and assemblies, single phase and three phase power quality, and services. The Aerospace segment is a global supplier of aerospace fuel, hydraulics, and pneumatic systems for commercial and military use and filtration systems for industrial applications. We show 47 historical shares outstanding datapoints in our ETN shares outstanding history coverage, used to compute ETN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ETN market cap history over the course of time is important for investors
interested in comparing ETN'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 ETN versus a peer is one thing; comparing
ETN 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 ETN can fluctuate over the course of history.
With this page we aim to empower investors researching ETN by allowing them to research the ETN market cap history. |
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Video: The Importance of Market Cap
