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Harmonic (LTS:0J38) Market Cap : $1,535.8 Mil (As of Dec. 15, 2024)


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What is Harmonic 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). Harmonic's share price for the quarter that ended in Sep. 2024 was $14.654. Harmonic's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 116.5 Mil. Therefore, Harmonic's market cap for the quarter that ended in Sep. 2024 was $1,707.4 Mil.

Harmonic's quarterly market cap declined from Mar. 2024 ($1,481.6 Mil) to Jun. 2024 ($1,372.4 Mil) but then increased from Jun. 2024 ($1,372.4 Mil) to Sep. 2024 ($1,707.4 Mil).

Harmonic's annual market cap increased from Dec. 2021 ($1,216.2 Mil) to Dec. 2022 ($1,453.2 Mil) and increased from Dec. 2022 ($1,453.2 Mil) to Dec. 2023 ($1,487.7 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. Harmonic's Enterprise Value for Today is $1,628.8 Mil.


Harmonic Market Cap Historical Data

The historical data trend for Harmonic'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.

* Premium members only.

Harmonic Market Cap Chart

Harmonic 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 758.78 787.60 1,216.15 1,453.15 1,487.71

Harmonic 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 1,484.58 1,487.71 1,481.61 1,372.40 1,707.35

Competitive Comparison of Harmonic's Market Cap

For the Communication Equipment subindustry, Harmonic'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.


Harmonic's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Harmonic's Market Cap distribution charts can be found below:

* The bar in red indicates where Harmonic's Market Cap falls into.



Harmonic 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.

Harmonic'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 )
=$13.235*112.407
=$1,487.7

Harmonic'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 )
=$14.654*116.511
=$1,707.4

* 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.


Harmonic  (LTS:0J38) 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.


Harmonic Market Cap Related Terms

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Harmonic Business Description

Traded in Other Exchanges
Address
2590 Orchard Parkway, San Jose, CA, USA, 95131
Harmonic Inc designs and manufactures video infrastructure products and system solutions to deliver video and broadband services to consumer devices. The firm operates in two segments: Video, which sells video processing, production, and playout solutions to cable operators and satellite and telecommunications providers; and Broadband which sells broadband access solutions and related services. Majority of the revenue generated from the company is from United States.

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