Illinois Tool Works Inc. is a global manufacturer of a diversified range of industrial products and equipment. Co.'s segments include Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Food Equipment segment produces ware washing equipment, cooking equipment, refrigeration equipment, food processing equipment, kitchen exhaust, ventilation and pollution control systems and others. Its Welding segment produces arc welding equipment and metal arc welding consumables and related accessories. We show 62 historical shares outstanding datapoints in our ITW shares outstanding history coverage, used to compute ITW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ITW market cap history over the course of time is important for investors
interested in comparing ITW'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 ITW versus a peer is one thing; comparing
ITW 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 ITW can fluctuate over the course of history.
With this page we aim to empower investors researching ITW by allowing them to research the ITW market cap history. |
Free ITW Email Alerts:
Video: The Importance of Market Cap
