Herman Miller researches, designs, manufactures and distributes interior furnishings for use in various environments. Co.'s segments consist of North America Contract, which designs, manufactures and sells furniture and textile products for work-related settings throughout the U.S. and Canada; International Contract, which designs, manufactures, and sells furniture products, for work-related settings in the Europe, Middle East and Africa, Latin America and Asia-Pacific; and Retail, which sells modern design furnishings and accessories to third party retailers, as well as direct to consumer sales through e-commerce, direct mailing catalogs and Design Within Reach and HAY ApS studios. We show 47 historical shares outstanding datapoints in our MLHR shares outstanding history coverage, used to compute MLHR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MLHR market cap history over the course of time is important for investors
interested in comparing MLHR'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 MLHR versus a peer is one thing; comparing
MLHR 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 MLHR can fluctuate over the course of history.
With this page we aim to empower investors researching MLHR by allowing them to research the MLHR market cap history. |
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Video: The Importance of Market Cap
