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). Elbit Systems's share price for the quarter that ended in Dec. 2023 was $213.25. Elbit Systems's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 44 Mil. Therefore, Elbit Systems's market cap for the quarter that ended in Dec. 2023 was $9,480 Mil.
Elbit Systems's quarterly market cap
declined
from Jun. 2023 ($9,267 Mil) to Sep. 2023 ($8,791 Mil) but then
increased
from Sep. 2023 ($8,791 Mil) to Dec. 2023 ($9,480 Mil).
Elbit Systems's annual market cap
declined
from Dec. 2021 ($7,706 Mil) to Dec. 2022 ($7,274 Mil) but then
increased
from Dec. 2022 ($7,274 Mil) to Dec. 2023 ($9,480 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. Elbit Systems's Enterprise Value for Today is $10,209 Mil.
Elbit Systems Market Cap Historical Data
The historical data trend for Elbit Systems'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 Elbit Systems's Market Cap
For the Aerospace & Defense subindustry, Elbit Systems'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.
Elbit Systems's Market Cap Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Elbit Systems's Market Cap falls into.
Elbit Systems 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.
Elbit Systems'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.
Elbit Systems (NAS:ESLT) 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.
Elbit Systems Market Cap Related Terms
Thank you for viewing the detailed overview of Elbit Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Elbit Systems (Elbit Systems) Business Description
Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.
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