Trane Technologies PLC is an Ireland-based global climate innovator. Co., through its brands, Trane and Thermo King, and its portfolio of products and services, brings climate solutions to buildings, homes, and transportation. Its segments include the Americas, EMEA, and Asia Pacific. Its Americas segment serves customers in North America and Latin America and includes commercial heating, cooling, and ventilation systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions. We show 20 historical shares outstanding datapoints in our TT shares outstanding history coverage, used to compute TT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TT market cap history over the course of time is important for investors
interested in comparing TT'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 TT versus a peer is one thing; comparing
TT 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 TT can fluctuate over the course of history.
With this page we aim to empower investors researching TT by allowing them to research the TT market cap history. |
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Video: The Importance of Market Cap
