Norfolk Southern is a holding company. Through its subsidiaries, Co. is primarily engaged in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the U.S. Co. also transports overseas freight through several Atlantic and Gulf Coast ports. Co. provides intermodal network in the eastern half of the U.S. Co.'s system reaches manufacturing plants, electric generating facilities, mines, distribution centers, transload facilities, and other businesses located in its service area. We show 56 historical shares outstanding datapoints in our NSC shares outstanding history coverage, used to compute NSC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Norfolk Southern market cap history over the course of time is important for investors
interested in comparing Norfolk Southern'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 Norfolk Southern versus a peer is one thing; comparing
Norfolk Southern 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 Norfolk Southern can fluctuate over the course of history.
With this page we aim to empower investors researching Norfolk Southern by allowing them to research the Norfolk Southern market cap history. |
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Video: The Importance of Market Cap
