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). Akamai Technologies's share price for the quarter that ended in Dec. 2023 was $118.35. Akamai Technologies's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 151 Mil. Therefore, Akamai Technologies's market cap for the quarter that ended in Dec. 2023 was $17,898 Mil.
Akamai Technologies's quarterly market cap
increased
from Jun. 2023 ($13,641 Mil) to Sep. 2023 ($16,083 Mil) and
increased
from Sep. 2023 ($16,083 Mil) to Dec. 2023 ($17,898 Mil).
Akamai Technologies's annual market cap
declined
from Dec. 2021 ($18,786 Mil) to Dec. 2022 ($13,193 Mil) but then
increased
from Dec. 2022 ($13,193 Mil) to Dec. 2023 ($17,898 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. Akamai Technologies's Enterprise Value for Today is $19,101 Mil.
Akamai Technologies Market Cap Historical Data
The historical data trend for Akamai Technologies'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.
Akamai Technologies Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
13,993.65
17,082.92
18,786.32
13,192.53
17,898.43
Akamai Technologies Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
13,192.53
11,959.86
13,641.46
16,082.85
17,898.43
Competitive Comparison
For the Software - Infrastructure subindustry, Akamai Technologies'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.
Akamai Technologies Market Cap Distribution
For the Software industry and Technology sector, Akamai Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Akamai Technologies's Market Cap falls into.
Akamai Technologies 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.
Akamai Technologies'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.
Akamai Technologies (NAS:AKAM) 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.
Akamai Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Akamai Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Akamai Technologies (Akamai Technologies) Business Description
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.
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