GATX is a global railcar lessor. Co.'s business segments include: Rail North America, which provides railcars pursuant to leases under which it maintains the railcars, pays ad valorem taxes and insurance, and provides other ancillary services; Rail International, which leases railcars to customers pursuant to leases under which it maintains the railcars and provides services according to customer requirements; Portfolio Management, which leases aircraft spare engines and liquefied gas-carrying vessels that transport pressurized gases and chemicals, as well as manages portfolios of assets for third parties; Other, which manages tank containers on behalf of third-party container investors. We show 50 historical shares outstanding datapoints in our GATX shares outstanding history coverage, used to compute GATX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GATX market cap history over the course of time is important for investors
interested in comparing GATX'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 GATX versus a peer is one thing; comparing
GATX 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 GATX can fluctuate over the course of history.
With this page we aim to empower investors researching GATX by allowing them to research the GATX market cap history. |
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Video: The Importance of Market Cap
