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). Russel Metals's share price for the quarter that ended in Dec. 2023 was $34.31. Russel Metals's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 60 Mil. Therefore, Russel Metals's market cap for the quarter that ended in Dec. 2023 was $2,072 Mil.
Russel Metals's quarterly market cap
increased
from Jun. 2023 ($1,677 Mil) to Sep. 2023 ($1,712 Mil) and
increased
from Sep. 2023 ($1,712 Mil) to Dec. 2023 ($2,072 Mil).
Russel Metals's annual market cap
declined
from Dec. 2021 ($1,659 Mil) to Dec. 2022 ($1,334 Mil) but then
increased
from Dec. 2022 ($1,334 Mil) to Dec. 2023 ($2,072 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. Russel Metals's Enterprise Value for Today is $1,570 Mil.
Russel Metals Market Cap Historical Data
The historical data trend for Russel Metals'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 Russel Metals's Market Cap
For the Industrial Distribution subindustry, Russel Metals'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.
Russel Metals's Market Cap Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Russel Metals's Market Cap distribution charts can be found below:
* The bar in red indicates where Russel Metals's Market Cap falls into.
Russel Metals 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.
Russel Metals'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.
Russel Metals (OTCPK:RUSMF) 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.
Russel Metals Market Cap Related Terms
Thank you for viewing the detailed overview of Russel Metals's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Russel Metals (Russel Metals) Business Description
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The energy products segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.
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