Mister Car Wash provides conveyorized car wash services. Co. operates two location formats: Express Exterior Locations, which provides express exterior cleaning services, and Interior Cleaning Locations, which provides both express exterior cleaning services and interior cleaning services. Co. operates several car washes in several states. Co. provides four express exterior wash packages. Additional options within the wash packages include waxes and protectants that are applied during the wash process in the tunnel. At select locations, Co. provides interior cleaning services in addition to express exterior washes. Interior cleaning services are added to an express exterior wash. We show 12 historical shares outstanding datapoints in our MCW shares outstanding history coverage, used to compute MCW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MCW market cap history over the course of time is important for investors
interested in comparing MCW'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 MCW versus a peer is one thing; comparing
MCW 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 MCW can fluctuate over the course of history.
With this page we aim to empower investors researching MCW by allowing them to research the MCW market cap history. |
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Video: The Importance of Market Cap
