Sysco Corporation is engaged in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. It also supplies a variety of non-food items. Its segments include U.S. Foodservice Operations, International Foodservice Operations, SYGMA and Other. U.S. Foodservice Operations segment includes U.S. Broadline operations and U.S. Specialty operations. International Foodservice Operations include operations outside of the U.S.. SYGMA segment includes its U.S. customized distribution operations serving quick-service chain restaurant customer locations. We show 59 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. |
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Video: The Importance of Market Cap
