LKQ is a holding company. Through its subsidiaries, Co. is a global distributor of vehicle products, including replacement parts, components, and systems used in the repair and maintenance of vehicles, and specialty products and accessories. Co. distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products; recycled collision and mechanical products; refurbished collision products such as wheels, bumper covers and lights; and remanufactured engines and transmissions. In addition to its wholesale operations, Co. operates self service retail facilities that sell recycled automotive products from end-of-life vehicles. We show 58 historical shares outstanding datapoints in our LKQ shares outstanding history coverage, used to compute LKQ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LKQ market cap history over the course of time is important for investors
interested in comparing LKQ'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 LKQ versus a peer is one thing; comparing
LKQ 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 LKQ can fluctuate over the course of history.
With this page we aim to empower investors researching LKQ by allowing them to research the LKQ market cap history. |
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Video: The Importance of Market Cap
