What is International Business Machines 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). International Business Machines's share price for the quarter that ended in Dec. 2023 was $163.55. International Business Machines's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 915 Mil. Therefore, International Business Machines's market cap for the quarter that ended in Dec. 2023 was $149,651 Mil.
International Business Machines's quarterly market cap
increased
from Jun. 2023 ($121,902 Mil) to Sep. 2023 ($128,111 Mil) and
increased
from Sep. 2023 ($128,111 Mil) to Dec. 2023 ($149,651 Mil).
International Business Machines's annual market cap
increased
from Dec. 2021 ($120,036 Mil) to Dec. 2022 ($127,659 Mil) and
increased
from Dec. 2022 ($127,659 Mil) to Dec. 2023 ($149,651 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. International Business Machines's Enterprise Value for Today is $213,516 Mil.
International Business Machines Market Cap Historical Data
The historical data trend for International Business Machines'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 International Business Machines's Market Cap
For the Information Technology Services subindustry, International Business Machines'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.
International Business Machines's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, International Business Machines's Market Cap distribution charts can be found below:
* The bar in red indicates where International Business Machines's Market Cap falls into.
International Business Machines 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.
International Business Machines'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.
International Business Machines (NYSE:IBM) 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.
International Business Machines Market Cap Related Terms
Thank you for viewing the detailed overview of International Business Machines's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
International Business Machines (International Business Machines) Business Description
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
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