| Monro is engaged principally in providing automotive undercar repair and tire sales and services in the United States. Co. provides tire sales and services as well as a range of routine maintenance services, including state inspections, primarily on passenger cars, light trucks and vans. Co. also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension and wheel alignment. Co. focuses on the repair and replacement of wear out parts. Co. does not perform under-the-hood repair services except for routine maintenance services, such as oil change services, various flush and fill services and some minor tune-up services. We show 49 historical shares outstanding datapoints in our MNRO shares outstanding history coverage, used to compute MNRO market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MNRO market cap history over the course of time is important for investors
interested in comparing MNRO'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 MNRO versus a peer is one thing; comparing
MNRO 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 MNRO can fluctuate over the course of history.
With this page we aim to empower investors researching MNRO by allowing them to research the MNRO market cap history.