Quanta Services is a provider of specialty contracting services, delivering infrastructure solutions for the electric and gas utility, renewable energy, communications, pipeline and energy industries in the U.S., Canada, Australia and select other international markets. Co. provides engineering, procurement, construction, and repair and maintenance services for infrastructure within each of these industries, including electric power transmission and distribution networks; substation facilities; wind and solar generation and transmission and battery storage facilities; communications and cable multi-system operator networks; gas utility systems; and downstream industrial facilities. We show 55 historical shares outstanding datapoints in our PWR shares outstanding history coverage, used to compute PWR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PWR market cap history over the course of time is important for investors
interested in comparing PWR'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 PWR versus a peer is one thing; comparing
PWR 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 PWR can fluctuate over the course of history.
With this page we aim to empower investors researching PWR by allowing them to research the PWR market cap history. |
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Video: The Importance of Market Cap
