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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). Iridium Communications's share price for the quarter that ended in Dec. 2024 was $29.02. Iridium Communications's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 110.4 Mil. Therefore, Iridium Communications's market cap for the quarter that ended in Dec. 2024 was $3,202.6 Mil.
Iridium Communications's quarterly market cap increased from Jun. 2024 ($3,154.9 Mil) to Sep. 2024 ($3,478.8 Mil) but then declined from Sep. 2024 ($3,478.8 Mil) to Dec. 2024 ($3,202.6 Mil).
Iridium Communications's annual market cap declined from Dec. 2022 ($6,471.4 Mil) to Dec. 2023 ($5,053.5 Mil) and declined from Dec. 2023 ($5,053.5 Mil) to Dec. 2024 ($3,202.6 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. Iridium Communications's Enterprise Value for Today is $4,710.0 Mil.
The historical data trend for Iridium Communications'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.
Iridium Communications Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Market Cap | Get a 7-Day Free Trial |
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5,271.75 | 5,423.11 | 6,471.36 | 5,053.46 | 3,202.56 |
Iridium Communications Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Market Cap | Get a 7-Day Free Trial |
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5,053.46 | 3,182.18 | 3,154.95 | 3,478.79 | 3,202.56 |
For the Telecom Services subindustry, Iridium Communications'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.
For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Market Cap distribution charts can be found below:
* The bar in red indicates where Iridium Communications's Market Cap falls into.
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.
Iridium Communications's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as
Market Cap (A: Dec. 2024 ) | = | Share Price (A: Dec. 2024 ) | * | Shares Outstanding (EOP) (A: Dec. 2024 ) |
= | $29.02 | * | 110.357 | |
= | $3,202.6 |
Iridium Communications's Market Cap for the quarter that ended in Dec. 2024 is calculated as
Market Cap (Q: Dec. 2024 ) | = | Share Price (Q: Dec. 2024 ) | * | Shares Outstanding (EOP) (Q: Dec. 2024 ) |
= | $29.02 | * | 110.357 | |
= | $3,202.6 |
* 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.
Iridium Communications (NAS:IRDM) 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.
Thank you for viewing the detailed overview of Iridium Communications's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Fitzpatrick | officer: Chief Financial Officer | C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719 |
Suzanne E. Mcbride | officer: Chief Operations Officer | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Robert H Niehaus | director, officer: Senior Vice President | 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142 |
Jane L. Harman | director | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BLVD., SUITE 1400, MCLEAN VA 22102 |
Matthew J Desch | director, officer: Chief Executive Officer | C/O SAIC, 10260 CAMPUS POINT DR M/S F3, SAN DIEGO CA 92121 |
Jacqueline E Yeaney | director | 2002 SUMMIT BOULEVARD, SUITE 100, ATLANTA GA 30319 |
Bryan J. Hartin | officer: EVP-Sales and Marketing | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Barry West | director | NEXTEL, 2001 EDMUND HALLEY DR, RESTON VA 20191 |
Scott Scheimreif | officer: EVP-Government Programs | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Thomas C Canfield | director | C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025 |
Henrik O. Schliemann | director | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Kathleen A. Morgan | officer: Chief Legal Officer | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA 22102 |
Timothy Kapalka | officer: VP Iridium Satellite LLC | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, MCLEAN VA 22102 |
Parker William Rush | director | 5525 LBJ FREEWAY, DALLAS TX 75240 |
A B Krongard | director | C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230 |
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