GXO Logistics is a pure-play contract logistics provider. Co. provides warehousing and distribution, order fulfillment and other supply chain services differentiated by its ability to deliver customized solutions. In addition, Co. is a primary provider of reverse logistics or returns management. Co. serves a range of customers across a range of industries, such as e-commerce, omnichannel retail, consumer technology, food and beverage, industrial and manufacturing, and consumer packaged goods. We show 10 historical shares outstanding datapoints in our GXO shares outstanding history coverage, used to compute GXO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GXO market cap history over the course of time is important for investors
interested in comparing GXO'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 GXO versus a peer is one thing; comparing
GXO 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 GXO can fluctuate over the course of history.
With this page we aim to empower investors researching GXO by allowing them to research the GXO market cap history. |
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Video: The Importance of Market Cap
