Meritor is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. Co. serves commercial truck, trailer, military, bus and coach, construction, and other industrial OEMs and certain aftermarkets. Co.'s segments are: Commercial Truck, which supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems; Aftermarket and Industrial, which supplies axles, brakes, drivelines, suspension parts and other replacement parts to commercial vehicle and industrial aftermarket customers. We show 54 historical shares outstanding datapoints in our MTOR shares outstanding history coverage, used to compute MTOR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MTOR market cap history over the course of time is important for investors
interested in comparing MTOR'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 MTOR versus a peer is one thing; comparing
MTOR 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 MTOR can fluctuate over the course of history.
With this page we aim to empower investors researching MTOR by allowing them to research the MTOR market cap history. |
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Video: The Importance of Market Cap
