Macquarie Infrastructure is a holding company. Co. owns and operates businesses that provide products and services to corporations, government agencies, and individual customers primarily in the U.S. Co.'s operations are organized into three segments: Atlantic Aviation, which is a provider of fuel, terminal, aircraft hangaring, and other services primarily to owners and operators of general aviation jet aircraft at airports throughout the U.S.; MIC Hawaii, which comprised an energy company that processes and distributes gas and provides related services and several smaller businesses; and Corporate and Other. We show 53 historical shares outstanding datapoints in our MIC shares outstanding history coverage, used to compute MIC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MIC market cap history over the course of time is important for investors
interested in comparing MIC'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 MIC versus a peer is one thing; comparing
MIC 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 MIC can fluctuate over the course of history.
With this page we aim to empower investors researching MIC by allowing them to research the MIC market cap history. |
Free MIC Email Alerts:
Video: The Importance of Market Cap
