LCI Industries, through its wholly owned subsidiary, Lippert Components, Inc. (Lippert), supplies, domestically and internationally, a broad array of engineered components for the original equipment manufacturers (OEMs) in the recreation and transportation markets. Co.'s segments include OEMs and the Aftermarket. The OEMs segment manufactures and distributes a broad array of engineered components for the OEMs of RVs and adjacent industries, including boats; buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; trains; manufactured homes; and modular housing. We show 61 historical shares outstanding datapoints in our LCII shares outstanding history coverage, used to compute LCII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LCII market cap history over the course of time is important for investors
interested in comparing LCII'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 LCII versus a peer is one thing; comparing
LCII 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 LCII can fluctuate over the course of history.
With this page we aim to empower investors researching LCII by allowing them to research the LCII market cap history. |
Free LCII Email Alerts:
Video: The Importance of Market Cap
