Thermo Fisher Scientific is engaged in serving science. Co.'s segments include: Life Sciences Solutions, which provides reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines, and diagnosis of disease; Analytical Instruments, which provides instruments, consumables, software and services that are used for a range of applications in the laboratory, on the production line and in the field; and Specialty Diagnostics, which provides diagnostic test kits, reagents, culture media, instruments and associated products; and Laboratory Products and Biopharma Services, which provides virtually things needed for the laboratory. We show 48 historical shares outstanding datapoints in our TMO shares outstanding history coverage, used to compute TMO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TMO market cap history over the course of time is important for investors
interested in comparing TMO'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 TMO versus a peer is one thing; comparing
TMO 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 TMO can fluctuate over the course of history.
With this page we aim to empower investors researching TMO by allowing them to research the TMO market cap history. |
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Video: The Importance of Market Cap
