Sysco, acting through its subsidiaries and divisions, is a distributor of food and related products primarily to the foodservice or food-away-from-home industry. Co. has three reportable segments: United States Foodservice Operations, which primarily include United States Broadline operations, which distribute a line of food products, including custom-cut meat, seafood, specialty produce, specialty imports and a variety of non-food products; International Foodservice Operations, which include operations in the Americas and Europe, which distribute a line of food products and a variety of non-food products; and SYGMA, which consists of its United States customized distribution subsidiary. We show 39 historical shares outstanding datapoints in our SYY shares outstanding history coverage, used to compute SYY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SYY market cap history over the course of time is important for investors
interested in comparing SYY'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 SYY versus a peer is one thing; comparing
SYY 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 SYY can fluctuate over the course of history.
With this page we aim to empower investors researching SYY by allowing them to research the SYY market cap history. |
Video: The Importance of Market Cap
