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Ameriprise Financial (LTS:0HF6) Market Cap : $53,335 Mil (As of Dec. 15, 2024)


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What is Ameriprise Financial Market Cap?

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 Sep. 2024 was $468.028. Ameriprise Financial's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 97 Mil. Therefore, Ameriprise Financial's market cap for the quarter that ended in Sep. 2024 was $45,502 Mil.

Ameriprise Financial's quarterly market cap declined from Mar. 2024 ($43,720 Mil) to Jun. 2024 ($42,361 Mil) but then increased from Jun. 2024 ($42,361 Mil) to Sep. 2024 ($45,502 Mil).

Ameriprise Financial's annual market cap declined from Dec. 2021 ($33,632 Mil) to Dec. 2022 ($32,306 Mil) but then increased from Dec. 2022 ($32,306 Mil) to Dec. 2023 ($38,119 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 $48,502 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.

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Ameriprise Financial Market Cap Chart

Ameriprise Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,732.52 21,892.46 33,631.90 32,306.34 38,118.73

Ameriprise Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33,771.53 38,118.73 43,719.98 42,360.73 45,501.78

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

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$380.529*100.173
=$38,119

Ameriprise Financial's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$468.028*97.2202
=$45,502

* 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  (LTS:0HF6) 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 company’s 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

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Ameriprise Financial Business Description

Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. 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 proprietary fixed annuities in 2020.

Ameriprise Financial Headlines

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