Westlake operates as a manufacturer and marketer of performance and basic materials and housing and infrastructure products. Co.'s segments are: Performance and Essential Materials, which manufactures and markets polyethylene, styrene monomer, ethylene co-products, polyvinyl chloride (PVC), vinyl chloride monomer, ethylene dichloride, chlor-alkali (chlorine and caustic soda), and chlorinated derivative products, as well as ethylene and ethylene co-products; and Housing and Infrastructure Products, which manufactures and markets products including residential siding, trim and mouldings, stone, roofing, windows, outdoor living products, PVC pipe and fittings and PVC compounds. We show 57 historical shares outstanding datapoints in our WLK shares outstanding history coverage, used to compute WLK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WLK market cap history over the course of time is important for investors
interested in comparing WLK'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 WLK versus a peer is one thing; comparing
WLK 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 WLK can fluctuate over the course of history.
With this page we aim to empower investors researching WLK by allowing them to research the WLK market cap history. |
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Video: The Importance of Market Cap
