| Timkensteel manufactures alloy steel, as well as carbon and micro-alloy steel. Co.'s portfolio includes special bar quality (SBQ) bars, mechanical tubing (tubes), manufactured components such as precision steel components, and billets. Co.'s products and services are used in the following market includes: automotive; oil and gas; industrial equipment; mining; and among others. Co.'s products include: SBQ Steel Bar, Mechanical Steel Tubes, and Billets, which are custom-made in a variety of chemistries, lengths and finishes; and Precision Products and Services, which include custom-make precision components and customize products and services for the industrial and energy market sectors. We show 34 historical shares outstanding datapoints in our TMST shares outstanding history coverage, used to compute TMST market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TMST market cap history over the course of time is important for investors
interested in comparing TMST'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 TMST versus a peer is one thing; comparing
TMST 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 TMST can fluctuate over the course of history.
With this page we aim to empower investors researching TMST by allowing them to research the TMST market cap history.