Intuit helps consumers, small businesses, and the self-employed by delivering financial management and compliance products and services. Co. also provides tax products to accounting personnel, who are primary partners that help Co. serves small business customers. Co.'s segments are: Small Business and Self-Employed, which serves small businesses and the self-employed, and the accounting personnel who assist and advise them; Consumer, which serves consumers and includes do-it-yourself and assisted TurboTax income tax preparation products and services; and Strategic Partner, which serves accountants, who are needed to both small business success and tax preparation and filing. We show 44 historical shares outstanding datapoints in our INTU shares outstanding history coverage, used to compute INTU market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Intuit market cap history over the course of time is important for investors
interested in comparing Intuit'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 Intuit versus a peer is one thing; comparing
Intuit 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 Intuit can fluctuate over the course of history.
With this page we aim to empower investors researching Intuit by allowing them to research the Intuit market cap history. |
Video: The Importance of Market Cap
