NIKE, Inc. is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories and services for sports and fitness activities. Co.'s operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA). It sells a line of equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities. It also designs products specifically for the Jordan Brand and Converse. We show 60 historical shares outstanding datapoints in our NKE shares outstanding history coverage, used to compute NKE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NKE market cap history over the course of time is important for investors
interested in comparing NKE'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 NKE versus a peer is one thing; comparing
NKE 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 NKE can fluctuate over the course of history.
With this page we aim to empower investors researching NKE by allowing them to research the NKE market cap history. |
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Video: The Importance of Market Cap
