The Home Depot is a home improvement retailer. Co. provides its customers an assortment of building materials, home improvement products, lawn and garden products, and decor products and provides a number of services, including home improvement installation services and tool and equipment rental. Co. also maintains a network of distribution and fulfillment centers, as well as a number of e-commerce websites. Co. provides a number of services for its customers, including installation services for its Do-It-Yourself and Do-It-For-Me customers. Co. also provides tool and equipment rentals at several locations across the U.S. and Canada. We show 58 historical shares outstanding datapoints in our HD shares outstanding history coverage, used to compute HD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HD market cap history over the course of time is important for investors
interested in comparing HD'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 HD versus a peer is one thing; comparing
HD 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 HD can fluctuate over the course of history.
With this page we aim to empower investors researching HD by allowing them to research the HD market cap history. |
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Video: The Importance of Market Cap
