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 R$461.41. Ameriprise Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 401 Mil. Therefore, Ameriprise Financial's market cap for the quarter that ended in Dec. 2023 was R$184,884 Mil.
Ameriprise Financial's quarterly market cap
increased
from Jun. 2023 (R$164,379 Mil) to Sep. 2023 (R$167,766 Mil) and
increased
from Sep. 2023 (R$167,766 Mil) to Dec. 2023 (R$184,884 Mil).
Ameriprise Financial's annual market cap
declined
from Dec. 2021 (R$187,506 Mil) to Dec. 2022 (R$172,489 Mil) but then
increased
from Dec. 2022 (R$172,489 Mil) to Dec. 2023 (R$184,884 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 R$205,696 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.
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
* 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 (BSP:A1MP34) 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.
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 (BSP:A1MP34) Business Description
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.
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