O'Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both the do-it-yourself and professional service provider markets. Co.'s stores carry various product line, including new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting, oil and wiper blades, and accessories, such as floor mats, seat covers and truck accessories. We show 63 historical shares outstanding datapoints in our ORLY shares outstanding history coverage, used to compute ORLY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ORLY market cap history over the course of time is important for investors
interested in comparing ORLY'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 ORLY versus a peer is one thing; comparing
ORLY 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 ORLY can fluctuate over the course of history.
With this page we aim to empower investors researching ORLY by allowing them to research the ORLY market cap history. |
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Video: The Importance of Market Cap
