Huntington Ingalls Industries is a military shipbuilding company and a provider of services to partners in government and industry. Co.'s segments include: Ingalls Shipbuilding, which designs and constructs non-nuclear ships for the United States Navy and United States Coast Guard, including amphibious assault ships, expeditionary warfare ships, surface combatants, and national security cutters; Newport News Shipbuilding, which is designing and constructing nuclear-powered ships, such as aircraft carriers and submarines, and the refueling and overhaul and the inactivation of such ships; and Technical Solutions, which includes businesses that are focused on life-cycle sustainment services. We show 40 historical shares outstanding datapoints in our HII shares outstanding history coverage, used to compute HII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Huntington Ingalls Industries market cap history over the course of time is important for investors
interested in comparing Huntington Ingalls Industries'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 Huntington Ingalls Industries versus a peer is one thing; comparing
Huntington Ingalls Industries 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 Huntington Ingalls Industries can fluctuate over the course of history.
With this page we aim to empower investors researching Huntington Ingalls Industries by allowing them to research the Huntington Ingalls Industries market cap history. |
Video: The Importance of Market Cap
