Rexnord is engaged as an industrial company. Co. operates its business in two platforms: Process and Motion Control, and Water Management. Co.'s Process and Motion Control platform designs, manufactures, markets and services a range of mechanical components. Co.'s products and services are marketed and sold under brand names, including Rexnord®, Rex®, Addax®, Euroflex®, Falk®, FlatTop®, Cambridge®, Link-Belt®, Omega®, PSI®, Shafer®, Stearns®, Highfield®, Thomas®, Centa®, and Tollok™. Co.'s Water Management platform designs, procures, manufactures, and markets products that provide and improve water quality, safety, flow control and conservation. We show 38 historical shares outstanding datapoints in our RXN shares outstanding history coverage, used to compute RXN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RXN market cap history over the course of time is important for investors
interested in comparing RXN'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 RXN versus a peer is one thing; comparing
RXN 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 RXN can fluctuate over the course of history.
With this page we aim to empower investors researching RXN by allowing them to research the RXN market cap history. |
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Video: The Importance of Market Cap
