Hillenbrand is an industrial company with multiple brands that serve a variety of industries around the world. Co. has three reportable operating segments: Advanced Process Solutions, which designs, engineers, manufactures, markets, and services differentiated process and material handling equipment and systems for a variety of industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, recycling, and other general industrials; Molding Technology Solutions, which is engaged in engineered and customized equipment and systems and service in plastic technology and processing; and Batesville®, which is engaged in the death care industry in North America. We show 55 historical shares outstanding datapoints in our HI shares outstanding history coverage, used to compute HI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HI market cap history over the course of time is important for investors
interested in comparing HI'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 HI versus a peer is one thing; comparing
HI 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 HI can fluctuate over the course of history.
With this page we aim to empower investors researching HI by allowing them to research the HI market cap history. |
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Video: The Importance of Market Cap
