Trinity Industries is a provider of railcar products and services in North America. Co.'s rail-related businesses market their railcar products and services under the trade name TrinityRail®. The TrinityRail platform provides railcar leasing and management services, railcar manufacturing, and railcar maintenance and modification services. Co. has two reportable segments: Railcar Leasing and Management Services Group, which is is a provider in North America of railcar industry services; and Rail Products Group, which is a manufacturer of freight and tank railcars in North America used for transporting a variety of liquids, gases, and dry cargo. We show 58 historical shares outstanding datapoints in our TRN shares outstanding history coverage, used to compute TRN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TRN market cap history over the course of time is important for investors
interested in comparing TRN'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 TRN versus a peer is one thing; comparing
TRN 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 TRN can fluctuate over the course of history.
With this page we aim to empower investors researching TRN by allowing them to research the TRN market cap history. |
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Video: The Importance of Market Cap
