Switch to:
Enterprise Products Partners LP (NYSE:EPD)
Market Cap
$75,681 Mil (As of Today)

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. Enterprise Products Partners LP's share price for the quarter that ended in Jun. 2014 was $39.145. Enterprise Products Partners LP's shares outstanding for the quarter that ended in Jun. 2014 was 1,878 Mil. Therefore, Enterprise Products Partners LP's market cap for the quarter that ended in Jun. 2014 was $75,681 Mil.

Enterprise Products Partners LP's quarterly market cap increased from Dec. 2013 ($62,036 Mil) to Mar. 2014 ($64,991 Mil) and increased from Mar. 2014 ($64,991 Mil) to Jun. 2014 ($73,512 Mil).

Enterprise Products Partners LP's annual market cap increased from Dec. 2011 ($40,994 Mil) to Dec. 2012 ($45,126 Mil) and increased from Dec. 2012 ($45,126 Mil) to Dec. 2013 ($62,036 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. Enterprise Products Partners LP's enterprise value for Today is $93,366 Mil.


Definition

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.

Enterprise Products Partners LP's Market Cap for the fiscal year that ended in Dec. 2013 is calculated as

Market Cap (A: Dec. 2013 )=Share Price (A: Dec. 2013 )*Shares Outstanding (A: Dec. 2013 )
=33.15*1871.37
=62,036

Enterprise Products Partners LP's Market Cap for the quarter that ended in Jun. 2014 is calculated as

Market Cap (Q: Jun. 2014 )=Share Price (Q: Jun. 2014 )*Shares Outstanding (Q: Jun. 2014 )
=39.145*1877.95
=73,512

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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 company’s 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.


Related Terms

Shares Outstanding


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Enterprise Products Partners LP Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
mktcap 9,3619,25412,51413,8599,07719,01835,20040,99445,12662,036

Enterprise Products Partners LP Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
mktcap 44,72145,42147,51445,12655,04957,03556,44862,03664,99173,512
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK