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Ameriprise Financial (Ameriprise Financial) Market Cap : $41,169 Mil (As of Apr. 25, 2024)


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What is Ameriprise Financial Market Cap?

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). Ameriprise Financial's share price for the quarter that ended in Dec. 2023 was $379.83. Ameriprise Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 100 Mil. Therefore, Ameriprise Financial's market cap for the quarter that ended in Dec. 2023 was $38,049 Mil.

Ameriprise Financial's quarterly market cap declined from Jun. 2023 ($34,144 Mil) to Sep. 2023 ($33,423 Mil) but then increased from Sep. 2023 ($33,423 Mil) to Dec. 2023 ($38,049 Mil).

Ameriprise Financial's annual market cap declined from Dec. 2021 ($33,442 Mil) to Dec. 2022 ($32,781 Mil) but then increased from Dec. 2022 ($32,781 Mil) to Dec. 2023 ($38,049 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. Ameriprise Financial's Enterprise Value for Today is $39,877 Mil.


Ameriprise Financial Market Cap Historical Data

The historical data trend for Ameriprise Financial'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.

Ameriprise Financial Market Cap Chart

Ameriprise Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,645.76 22,691.14 33,442.33 32,780.72 38,048.71

Ameriprise Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31,985.11 34,143.72 33,423.29 38,048.71 43,927.74

Competitive Comparison of Ameriprise Financial's Market Cap

For the Asset Management subindustry, Ameriprise Financial'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.


Ameriprise Financial's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ameriprise Financial's Market Cap distribution charts can be found below:

* The bar in red indicates where Ameriprise Financial's Market Cap falls into.



Ameriprise Financial 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.

Ameriprise Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$379.83*100.173
=$38,049

Ameriprise Financial's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$379.83*100.173
=$38,049

* 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.


Ameriprise Financial  (NYSE:AMP) 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 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.


Ameriprise Financial Market Cap Related Terms

Thank you for viewing the detailed overview of Ameriprise Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameriprise Financial (Ameriprise Financial) Business Description

Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
Executives
Joseph Edward Sweeney officer: Pres - Fin Pln Prdcts and Serv AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
Walter Stanley Berman director, officer: Executive VP and CFO AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
James M Cracchiolo director, officer: Chairman and CEO
Gerard P. Smyth officer: EVP Technology and CIO 1099 AMERIPRISE FINANCIAL, MINNEAPOLIS MN 55474
Gumer Alvero officer: President-Insurance&Annuities GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
William F Truscott officer: Pres - U.S. Asset Mgmt, CIO AMERIPRISE FINANCIAL, INC., 50591 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Heather J. Melloh officer: EVP and General Counsel GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Dawn M. Brockman officer: Interim Controller and PAO GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Armando Jr Pimentel director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Sharpe Robert Francis Jr director AMERIPRISE FINANCIAL, INC., 50591 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Karen Wilson Thissen officer: Executive VP and GC 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
William Davies officer: Executive VP, Global CIO GENERAL COUNSEL'S OFFICE, 1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
John R. Hutt officer: Sr Vice Pres and Controller 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
John Robert Woerner officer: Senior VP - Str Plan, Bus Dev AMERIPRISE FINANCIAL, INC., 707 SECOND AVENUE SOUTH, MINNEAPOLIS MN 55474
Moore Colin officer: EVP & Global CIO C/O PUTNAM LLC, ONE POST OFFICE SQ, BOSTON MA 02109

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