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). Baker Hughes Co's share price for the quarter that ended in Dec. 2023 was $34.18. Baker Hughes Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 998 Mil. Therefore, Baker Hughes Co's market cap for the quarter that ended in Dec. 2023 was $34,112 Mil.
Baker Hughes Co's quarterly market cap
increased
from Jun. 2023 ($31,896 Mil) to Sep. 2023 ($35,532 Mil) but then
declined
from Sep. 2023 ($35,532 Mil) to Dec. 2023 ($34,112 Mil).
Baker Hughes Co's annual market cap
increased
from Dec. 2021 ($21,871 Mil) to Dec. 2022 ($29,707 Mil) and
increased
from Dec. 2022 ($29,707 Mil) to Dec. 2023 ($34,112 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. Baker Hughes Co's Enterprise Value for Today is $35,754 Mil.
Baker Hughes Co Market Cap Historical Data
The historical data trend for Baker Hughes Co'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 Oil & Gas Equipment & Services subindustry, Baker Hughes Co'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.
Baker Hughes Co Market Cap Distribution
For the Oil & Gas industry and Energy sector, Baker Hughes Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Baker Hughes Co's Market Cap falls into.
Baker Hughes Co 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.
Baker Hughes Co'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.
Baker Hughes Co (NAS:BKR) 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.
Baker Hughes Co Market Cap Related Terms
Thank you for viewing the detailed overview of Baker Hughes Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Baker Hughes Co (Baker Hughes Co) Business Description
Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.
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