Eagle Materials, through its subsidiaries, is a supplier of heavy construction materials, light building materials and light building materials in the U.S. Co.'s products are commodities that are used in commercial and residential construction; public construction projects; and projects to build, expand, and repair roads and highways. Co. also produces sand used in hydraulic fracturing as part of its Oil and Gas Proppants sector. Co.'s business sectors are: Heavy Materials, which includes the Cement and Concrete and Aggregates segments; Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments; and Oil and Gas Proppants, which are used in oil and gas extraction. We show 47 historical shares outstanding datapoints in our EXP shares outstanding history coverage, used to compute EXP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EXP market cap history over the course of time is important for investors
interested in comparing EXP'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 EXP versus a peer is one thing; comparing
EXP 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 EXP can fluctuate over the course of history.
With this page we aim to empower investors researching EXP by allowing them to research the EXP market cap history. |
Video: The Importance of Market Cap
