World Kinect is a global fuel services company. Co.'s segments include: aviation, which provides global aviation fuel supply and service solutions to main commercial airlines, second and third-tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators and private aircraft; land, which provides fuel, heating oil, propane, natural gas, lubricants and related products and services to petroleum distributors, retail petroleum operators, and industrial, commercial, residential and government customers; and marine, which markets fuel, lubricants and related products and services to a base of marine customers. We show 4 historical shares outstanding datapoints in our WKC shares outstanding history coverage, used to compute WKC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WKC market cap history over the course of time is important for investors
interested in comparing WKC'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 WKC versus a peer is one thing; comparing
WKC 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 WKC can fluctuate over the course of history.
With this page we aim to empower investors researching WKC by allowing them to research the WKC market cap history. |
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Video: The Importance of Market Cap
