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). Navient's share price for the quarter that ended in Mar. 2024 was $17.4. Navient's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 112 Mil. Therefore, Navient's market cap for the quarter that ended in Mar. 2024 was $1,946 Mil.
Navient's quarterly market cap
increased
from Sep. 2023 ($2,025 Mil) to Dec. 2023 ($2,113 Mil) but then
declined
from Dec. 2023 ($2,113 Mil) to Mar. 2024 ($1,946 Mil).
Navient's annual market cap
declined
from Dec. 2021 ($3,268 Mil) to Dec. 2022 ($2,139 Mil) and
declined
from Dec. 2022 ($2,139 Mil) to Dec. 2023 ($2,113 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. Navient's Enterprise Value for Today is $56,031 Mil.
Navient Market Cap Historical Data
The historical data trend for Navient'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.
For the Credit Services subindustry, Navient'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.
Navient's Market Cap Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Navient's Market Cap distribution charts can be found below:
* The bar in red indicates where Navient's Market Cap falls into.
Navient 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.
Navient'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.
Navient (NAS:NAVI) 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.
Navient Market Cap Related Terms
Thank you for viewing the detailed overview of Navient's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.
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