FleetCor Technologies is a provider of digital payment solutions. Co. has three reportable segments, North America, International, and Brazil. Co.'s proprietary processing and card management solutions provide customers with capabilities including: customizable user-level controls, detailed transaction reporting, programmable alerts, configurable networks, contract price validation and audit, and tax management and reporting. Co.'s Corporate Payments solutions are designed to help businesses streamline the back-office operations associated with making outgoing payments. Co. provides integrated gift card program management and processing services, in both plastic and digital form. We show 50 historical shares outstanding datapoints in our FLT shares outstanding history coverage, used to compute FLT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FLT market cap history over the course of time is important for investors
interested in comparing FLT'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 FLT versus a peer is one thing; comparing
FLT 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 FLT can fluctuate over the course of history.
With this page we aim to empower investors researching FLT by allowing them to research the FLT market cap history. |
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Video: The Importance of Market Cap
