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). E*TRADE Financial's share price for the quarter that ended in Jun. 2020 was $49.73. E*TRADE Financial's Shares Outstanding (EOP) for the quarter that ended in Jun. 2020 was 221 Mil. Therefore, E*TRADE Financial's market cap for the quarter that ended in Jun. 2020 was $10,995 Mil.
E*TRADE Financial's quarterly market cap
declined
from Dec. 2019 ($10,100 Mil) to Mar. 2020 ($7,586 Mil) but then
increased
from Mar. 2020 ($7,586 Mil) to Jun. 2020 ($10,995 Mil).
E*TRADE Financial's annual market cap
declined
from Dec. 2017 ($13,227 Mil) to Dec. 2018 ($10,816 Mil) and
declined
from Dec. 2018 ($10,816 Mil) to Dec. 2019 ($10,100 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. E*TRADE Financial's Enterprise Value for Today is $12,556 Mil.
E*TRADE Financial Market Cap Historical Data
The historical data trend for E*TRADE 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 E*TRADE Financial's Market Cap
For the Capital Markets subindustry, E*TRADE 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.
E*TRADE Financial's Market Cap Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, E*TRADE Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where E*TRADE Financial's Market Cap falls into.
E*TRADE 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.
E*TRADE Financial's Market Cap for the fiscal year that ended in Dec. 2019 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.
E*TRADE Financial (NAS:ETFC) 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.
E*TRADE Financial Market Cap Related Terms
Thank you for viewing the detailed overview of E*TRADE Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
E*TRADE Financial (E*TRADE Financial) Business Description
E-Trade is one of the largest direct-to-investor platforms in the United States and housed over $500 billion of invested assets and client cash at the end of 2019. The company generates interest income on noninvested cash on its platform, trading commissions, service charges including payment for order flow, and fees from stock plan administration. Almost all the company's revenue is generated within the U.S.
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