The ODP Corporation is a holding company that provides business services and supplies, products and digital workplace technology solutions to small, medium-sized, and enterprise businesses. Co. operates under four Divisions: ODP Business Solutions Division, Office Depot Division, Veyer Division, and Varis Division. Its ODP Business Solutions Division sells nationally branded, as well as the Co.'s private branded, office supply and adjacency products and services to customers. Co.'s Office Depot Division is a provider of retail consumer and small business products and services distributed through an omnichannel platform. We show 61 historical shares outstanding datapoints in our ODP shares outstanding history coverage, used to compute ODP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ODP market cap history over the course of time is important for investors
interested in comparing ODP'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 ODP versus a peer is one thing; comparing
ODP 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 ODP can fluctuate over the course of history.
With this page we aim to empower investors researching ODP by allowing them to research the ODP market cap history. |
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Video: The Importance of Market Cap
