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). RBC Bearings's share price for the quarter that ended in Dec. 2023 was USD284.89. RBC Bearings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 29 Mil. Therefore, RBC Bearings's market cap for the quarter that ended in Dec. 2023 was USD8,311 Mil.
RBC Bearings's quarterly market cap
increased
from Jun. 2023 (USD6,319 Mil) to Sep. 2023 (USD6,810 Mil) and
increased
from Sep. 2023 (USD6,810 Mil) to Dec. 2023 (USD8,311 Mil).
RBC Bearings's annual market cap
increased
from Mar. 2021 (USD4,964 Mil) to Mar. 2022 (USD5,599 Mil) and
increased
from Mar. 2022 (USD5,599 Mil) to Mar. 2023 (USD6,755 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. RBC Bearings's Enterprise Value for Today is USD8,369 Mil.
RBC Bearings Market Cap Historical Data
The historical data trend for RBC Bearings'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 RBC Bearings's Market Cap
For the Tools & Accessories subindustry, RBC Bearings'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.
RBC Bearings's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, RBC Bearings's Market Cap distribution charts can be found below:
* The bar in red indicates where RBC Bearings's Market Cap falls into.
RBC Bearings 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.
RBC Bearings's Market Cap for the fiscal year that ended in Mar. 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.
RBC Bearings (NYSE:RBC) 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.
RBC Bearings Market Cap Related Terms
Thank you for viewing the detailed overview of RBC Bearings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.
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