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Icon PLC (NAS:ICLR)
Market Cap
$2,999 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. Icon PLC's share price for the quarter that ended in Mar. 2014 was $47.55. Icon PLC's shares outstanding for the quarter that ended in Mar. 2014 was 62 Mil. Therefore, Icon PLC's market cap for the quarter that ended in Mar. 2014 was $2,999 Mil.

Icon PLC's quarterly market cap declined from Sep. 2013 ($2,491 Mil) to Dec. 2013 ($2,473 Mil) but then increased from Dec. 2013 ($2,473 Mil) to Mar. 2014 ($2,949 Mil).

Icon PLC's annual market cap increased from Dec. 2011 ($1,029 Mil) to Dec. 2012 ($1,674 Mil) and increased from Dec. 2012 ($1,674 Mil) to Dec. 2013 ($2,473 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. Icon PLC's enterprise value for Today is $2,635 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.

Icon PLC'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 )
=40.416*61.20
=2,473

Icon PLC's Market Cap for the quarter that ended in Mar. 2014 is calculated as

Market Cap (Q: Mar. 2014 )=Share Price (Q: Mar. 2014 )*Shares Outstanding (Q: Mar. 2014 )
=47.55*62.02
=2,949

* 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.

Icon PLC Annual Data

May04May05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
mktcap 1351055448921,1521,2821,3191,0291,6742,473

Icon PLC Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
mktcap 1,0291,2761,3451,4581,6741,9552,1562,4912,4732,949
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