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). Advance Auto Parts's share price for the quarter that ended in Sep. 2024 was $39.6582. Advance Auto Parts's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 60 Mil. Therefore, Advance Auto Parts's market cap for the quarter that ended in Sep. 2024 was $2,369 Mil.
Advance Auto Parts's quarterly market cap
declined
from Mar. 2024 ($5,083 Mil) to Jun. 2024 ($3,760 Mil) and
declined
from Jun. 2024 ($3,760 Mil) to Sep. 2024 ($2,369 Mil).
Advance Auto Parts's annual market cap
declined
from Dec. 2021 ($14,715 Mil) to Dec. 2022 ($8,634 Mil) and
declined
from Dec. 2022 ($8,634 Mil) to Dec. 2023 ($3,646 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. Advance Auto Parts's Enterprise Value for Today is $5,962 Mil.
Advance Auto Parts Market Cap Historical Data
The historical data trend for Advance Auto Parts'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 Advance Auto Parts's Market Cap
For the Specialty Retail subindustry, Advance Auto Parts'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.
Advance Auto Parts's Market Cap Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Advance Auto Parts's Market Cap distribution charts can be found below:
* The bar in red indicates where Advance Auto Parts's Market Cap falls into.
Advance Auto Parts 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.
Advance Auto Parts'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.
Advance Auto Parts (LTS:0H9G) 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.
Advance Auto Parts Market Cap Related Terms
Thank you for viewing the detailed overview of Advance Auto Parts's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Advance Auto Parts is a leading auto parts retailer in North America with more than 4,000 store and branch locations. About 55% of the firm's sales are geared toward the professional channel, with the remaining 45% going to the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units conducive to various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub and spoke distribution model critical to meeting customer needs.
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