The ODP is a holding company. Through its subsidiaries, Co. maintains a business-to-business distribution platform of sales and technology service personnel, online presence and retail stores. Co.'s segments are: Business Solutions Division, which provides its business customers with nationally branded and private branded office supply products and services, as well as adjacency products and services in the U.S., Puerto Rico, the U.S. Virgin Islands, and Canada through a sales force, catalogs, telesales, and its Internet websites; and Retail Division, which markets an assortment of merchandise through its chain of retail stores throughout the U.S., Puerto Rico and the U.S. Virgin Islands. We show 59 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
