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Watsco Inc (NYSE:WSO)
Market Cap
$5,400 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 (end-of-period, EOP). Watsco Inc's share price for the quarter that ended in Sep. 2016 was $140.9. Watsco Inc's shares outstanding (EOP) for the quarter that ended in Sep. 2016 was 35 Mil. Therefore, Watsco Inc's market cap for the quarter that ended in Sep. 2016 was $4,998 Mil.

Watsco Inc's quarterly market cap increased from Mar. 2016 ($4,760 Mil) to Jun. 2016 ($4,989 Mil) and increased from Jun. 2016 ($4,989 Mil) to Sep. 2016 ($4,998 Mil).

Watsco Inc's annual market cap declined from Dec. 2013 ($3,948 Mil) to Dec. 2014 ($3,750 Mil) but then increased from Dec. 2014 ($3,750 Mil) to Dec. 2015 ($4,882 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. Watsco Inc's enterprise value for Today is $5,851 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.

Watsco Inc's Market Cap for the fiscal year that ended in Dec. 2015 is calculated as

Market Cap (A: Dec. 2015 )=Share Price (A: Dec. 2015 )*Shares Outstanding (EOP) (A: Dec. 2015 )
=117.13*41.68
=4,882

Watsco Inc's Market Cap for the quarter that ended in Sep. 2016 is calculated as

Market Cap (Q: Sep. 2016 )=Share Price (Q: Sep. 2016 )*Shares Outstanding (EOP) (Q: Sep. 2016 )
=140.9*35.47
=4,998

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 (EOP)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Watsco Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
mktcap 1,3121,0281,0871,5742,0472,1672,5863,9483,7504,882

Watsco Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
mktcap 3,5923,0153,7504,4054,3564,1764,8824,7604,9894,998
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