Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Choice Hotels International's share price for the quarter that ended in Dec. 2023 was $113.3. Choice Hotels International's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 50 Mil. Therefore, Choice Hotels International's market cap for the quarter that ended in Dec. 2023 was $5,611 Mil.
Choice Hotels International's quarterly market cap
increased
from Jun. 2023 ($5,943 Mil) to Sep. 2023 ($6,129 Mil) but then
declined
from Sep. 2023 ($6,129 Mil) to Dec. 2023 ($5,611 Mil).
Choice Hotels International's annual market cap
declined
from Dec. 2021 ($8,674 Mil) to Dec. 2022 ($5,880 Mil) and
declined
from Dec. 2022 ($5,880 Mil) to Dec. 2023 ($5,611 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Choice Hotels International's Enterprise Value for Today is $7,536 Mil.
Choice Hotels International Market Cap Historical Data
The historical data trend for Choice Hotels International's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Choice Hotels International Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
5,761.32
5,927.30
8,674.48
5,879.91
5,611.32
Choice Hotels International Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
5,879.91
5,997.13
5,942.50
6,128.73
5,611.32
Competitive Comparison
For the Lodging subindustry, Choice Hotels International's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Choice Hotels International Market Cap Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Choice Hotels International's Market Cap distribution charts can be found below:
* The bar in red indicates where Choice Hotels International's Market Cap falls into.
Choice Hotels International Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Choice Hotels International's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Choice Hotels International (NYSE:CHH) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Choice Hotels International Market Cap Related Terms
Thank you for viewing the detailed overview of Choice Hotels International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Choice Hotels International (Choice Hotels International) Business Description
As of Dec. 31, 2022, Choice Hotels operated 628,000 rooms across 13 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice added its 13th brand with the launch of extended-stay brand Everhome in January 2020. Choice closed on its Radisson acquisition in August 2022, which will add around 70,000 rooms. Franchises are 99% of total revenue, and the United States represents 79% of total rooms in 2022.
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