Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, is a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Its segments include Freight and Transit. The Freight Segment primarily manufactures new and modernized locomotives; provides aftermarket parts and services to existing locomotives; provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. We show 60 historical shares outstanding datapoints in our WAB shares outstanding history coverage, used to compute WAB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WAB market cap history over the course of time is important for investors
interested in comparing WAB'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 WAB versus a peer is one thing; comparing
WAB 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 WAB can fluctuate over the course of history.
With this page we aim to empower investors researching WAB by allowing them to research the WAB market cap history. |
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Video: The Importance of Market Cap
