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). Oscar Health's share price for the quarter that ended in Dec. 2023 was $9.15. Oscar Health's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 229 Mil. Therefore, Oscar Health's market cap for the quarter that ended in Dec. 2023 was $2,099 Mil.
Oscar Health's quarterly market cap
declined
from Jun. 2023 ($1,789 Mil) to Sep. 2023 ($1,259 Mil) but then
increased
from Sep. 2023 ($1,259 Mil) to Dec. 2023 ($2,099 Mil).
Oscar Health's annual market cap
declined
from Dec. 2021 ($1,649 Mil) to Dec. 2022 ($532 Mil) but then
increased
from Dec. 2022 ($532 Mil) to Dec. 2023 ($2,099 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. Oscar Health's Enterprise Value for Today is $2,590 Mil.
Oscar Health Market Cap Historical Data
The historical data trend for Oscar Health'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 Oscar Health's Market Cap
For the Healthcare Plans subindustry, Oscar Health'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.
Oscar Health's Market Cap Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Oscar Health's Market Cap distribution charts can be found below:
* The bar in red indicates where Oscar Health's Market Cap falls into.
Oscar Health 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.
Oscar Health'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.
Oscar Health (NYSE:OSCR) 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.
Oscar Health Market Cap Related Terms
Thank you for viewing the detailed overview of Oscar Health's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Oscar Health Inc is a health insurance company. The company provides various insurance plans for individuals, families, and employees. Also, the company provides virtual care, doctor support, scheduling appointments, and other related services. The company provides plans in the Medicare Advantage program to adults who are age 65 and older and eligible for traditional Medicare but who instead select coverage through a private market plan.
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