LL Flooring Holdings is a holding company. Through its subsidiaries, Co. engages in business as a multi-channel retailer of hard-surface flooring, and hard-surface flooring improvements and accessories, operating as a single operating segment. Co. provides an assortment of vinyl plank, solid and engineered hardwood, laminate, bamboo, porcelain tile, and cork, with a range of flooring enhancements and accessories to complement direct to the consumer. Co. also provides in-home delivery and installation services to its customers. Co. primarily sells to homeowners or to Pros on behalf of homeowners through a network of store locations in metropolitan areas. We show 56 historical shares outstanding datapoints in our LL shares outstanding history coverage, used to compute LL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LL market cap history over the course of time is important for investors
interested in comparing LL'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 LL versus a peer is one thing; comparing
LL 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 LL can fluctuate over the course of history.
With this page we aim to empower investors researching LL by allowing them to research the LL market cap history. |
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Video: The Importance of Market Cap
