Switch to:
Norfolk Southern Corp (NYSE:NSC)
Market Cap
$28,909 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. Norfolk Southern Corp's share price for the quarter that ended in Mar. 2015 was $102.92. Norfolk Southern Corp's shares outstanding for the quarter that ended in Mar. 2015 was 305 Mil. Therefore, Norfolk Southern Corp's market cap for the quarter that ended in Mar. 2015 was $28,909 Mil.

Norfolk Southern Corp's quarterly market cap declined from Sep. 2014 ($34,534 Mil) to Dec. 2014 ($33,918 Mil) and declined from Dec. 2014 ($33,918 Mil) to Mar. 2015 ($31,375 Mil).

Norfolk Southern Corp's annual market cap increased from Dec. 2012 ($19,420 Mil) to Dec. 2013 ($28,673 Mil) and increased from Dec. 2013 ($28,673 Mil) to Dec. 2014 ($33,918 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. Norfolk Southern Corp's enterprise value for Today is $37,315 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.

Norfolk Southern Corp's Market Cap for the fiscal year that ended in Dec. 2014 is calculated as

Market Cap (A: Dec. 2014 )=Share Price (A: Dec. 2014 )*Shares Outstanding (A: Dec. 2014 )
=109.61*309.44
=33,918

Norfolk Southern Corp's Market Cap for the quarter that ended in Mar. 2015 is calculated as

Market Cap (Q: Mar. 2015 )=Share Price (Q: Mar. 2015 )*Shares Outstanding (Q: Mar. 2015 )
=102.92*304.85
=31,375

* 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.

Norfolk Southern Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
mktcap 18,22019,96019,53217,42219,34422,44924,07219,42028,67333,918

Norfolk Southern Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
mktcap 19,42024,28722,66323,89428,67330,08931,89034,53433,91831,375
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)

GuruFocus Premium Plus Membership

FEEDBACK