| Fly Leasing is a holding company. Through its subsidiaries, Co. is principally engaged in purchasing commercial aircraft and aircraft equipment which Co. leases under multi-year contracts to a group of airlines throughout the world. Co.'s aircraft portfolio (excluding aircraft held for sale) is composed of narrow-body aircraft and wide-body aircraft. Co.'s narrow-body aircraft include Airbus A319, Airbus A320, Airbus A321, Airbus A321neo, Boeing 737 MAX 8, and next generation Boeing 737 and Boeing 757 aircraft families. Co.'s wide-body aircraft include Airbus A330 and next generation Boeing 777 (freighter) and Boeing 787 aircraft families. We show 1 historical shares outstanding datapoints in our FLY shares outstanding history coverage, used to compute FLY market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FLY market cap history over the course of time is important for investors
interested in comparing FLY'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 FLY versus a peer is one thing; comparing
FLY 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 FLY can fluctuate over the course of history.
With this page we aim to empower investors researching FLY by allowing them to research the FLY market cap history.