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Tricon Residential (TSX:TCN) Market Cap : C$4,188 Mil (As of Apr. 29, 2024)


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What is Tricon Residential 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). Tricon Residential's share price for the quarter that ended in Dec. 2023 was C$12.06. Tricon Residential's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 273 Mil. Therefore, Tricon Residential's market cap for the quarter that ended in Dec. 2023 was C$3,288 Mil.

Tricon Residential's quarterly market cap declined from Jun. 2023 (C$3,179 Mil) to Sep. 2023 (C$2,734 Mil) but then increased from Sep. 2023 (C$2,734 Mil) to Dec. 2023 (C$3,288 Mil).

Tricon Residential's annual market cap declined from Dec. 2021 (C$5,269 Mil) to Dec. 2022 (C$2,848 Mil) but then increased from Dec. 2022 (C$2,848 Mil) to Dec. 2023 (C$3,288 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. Tricon Residential's Enterprise Value for Today is C$11,903 Mil.


Tricon Residential Market Cap Historical Data

The historical data trend for Tricon Residential'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.

* Premium members only.

Tricon Residential Market Cap Chart

Tricon Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,062.44 2,208.00 5,269.33 2,848.46 3,288.01

Tricon Residential Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,848.46 2,850.25 3,178.96 2,734.46 3,288.01

Competitive Comparison of Tricon Residential's Market Cap

For the Real Estate Services subindustry, Tricon Residential'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.


Tricon Residential's Market Cap Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tricon Residential's Market Cap distribution charts can be found below:

* The bar in red indicates where Tricon Residential's Market Cap falls into.



Tricon Residential 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.

Tricon Residential's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$12.06*272.638
=C$3,288

Tricon Residential's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=C$12.06*272.638
=C$3,288

* 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.


Tricon Residential  (TSX:TCN) 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 company’s 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.


Tricon Residential Market Cap Related Terms

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Tricon Residential (TSX:TCN) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 801, Toronto, ON, CAN, M5S 2B7
Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.
Executives
Ira Gluskin Director