Alphabet is a holding company. Through its subsidiaries, Co. is engaged in its primary business, Google, comprises of Google Services and Google Cloud segments. Google Services' main products and platforms include ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Google Services delivers both performance advertising and brand advertising. Google Cloud invests in infrastructure, security, data management, analytics and artificial intelligence. Co. report non-Google businesses collectively as Other Bets. Other Bets primarily engaged in the sale of health technology and internet services. We show 35 historical shares outstanding datapoints in our GOOG shares outstanding history coverage, used to compute GOOG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GOOG market cap history over the course of time is important for investors
interested in comparing GOOG'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 GOOG versus a peer is one thing; comparing
GOOG 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 GOOG can fluctuate over the course of history.
With this page we aim to empower investors researching GOOG by allowing them to research the GOOG market cap history. |
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Video: The Importance of Market Cap
