Johnson Controls International is engaged in engineering, manufacturing and commissioning building products and systems, including heating, ventilating, air-conditioning equipment, industrial refrigeration systems, controls, security systems, fire detection systems and fire suppression solutions. Co. also provides technical services, including maintenance, repair, retrofit and replacement of equipment, energy-management consulting and data-driven services and solutions via its digital platforms and capabilities. Co.'s segments are: Building Solutions North America, Building Solutions Europe, the Middle East, Africa/Latin America, Building Solutions Asia Pacific, and Global Products. We show 17 historical shares outstanding datapoints in our JCI shares outstanding history coverage, used to compute JCI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Johnson Controls International market cap history over the course of time is important for investors
interested in comparing Johnson Controls International'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 Johnson Controls International versus a peer is one thing; comparing
Johnson Controls International 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 Johnson Controls International can fluctuate over the course of history.
With this page we aim to empower investors researching Johnson Controls International by allowing them to research the Johnson Controls International market cap history. |
Video: The Importance of Market Cap
