Knife River is an aggregates-based construction materials and contracting services provider in the United States. Co.'s operations are conducted in six operating segments: Pacific, Northwest, Mountain, North Central, South and Energy Services. Co.'s reportable segments are: Pacific, Northwest, Mountain and North Central, with South and Energy Services included in All Other. Co. mines, processes and sells construction aggregates (crushed stone and sand and gravel); produces and sells asphalt mix; and supplies ready-mix concrete. Co. is focused on vertical integration of its contracting services with its construction materials to support the aggregate-based product lines. We show 3 historical shares outstanding datapoints in our KNF shares outstanding history coverage, used to compute KNF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KNF market cap history over the course of time is important for investors
interested in comparing KNF'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 KNF versus a peer is one thing; comparing
KNF 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 KNF can fluctuate over the course of history.
With this page we aim to empower investors researching KNF by allowing them to research the KNF market cap history. |
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Video: The Importance of Market Cap
