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). The Timken Co's share price for the quarter that ended in Dec. 2023 was $80.15. The Timken Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 70 Mil. Therefore, The Timken Co's market cap for the quarter that ended in Dec. 2023 was $5,621 Mil.
The Timken Co's quarterly market cap
declined
from Jun. 2023 ($6,521 Mil) to Sep. 2023 ($5,185 Mil) but then
increased
from Sep. 2023 ($5,185 Mil) to Dec. 2023 ($5,621 Mil).
The Timken Co's annual market cap
declined
from Dec. 2021 ($5,223 Mil) to Dec. 2022 ($5,129 Mil) but then
increased
from Dec. 2022 ($5,129 Mil) to Dec. 2023 ($5,621 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. The Timken Co's Enterprise Value for Today is $8,054 Mil.
The Timken Co Market Cap Historical Data
The historical data trend for The Timken Co'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 The Timken Co's Market Cap
For the Tools & Accessories subindustry, The Timken Co'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.
The Timken Co's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Timken Co's Market Cap distribution charts can be found below:
* The bar in red indicates where The Timken Co's Market Cap falls into.
The Timken Co 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.
The Timken Co'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.
The Timken Co (NYSE:TKR) 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.
The Timken Co Market Cap Related Terms
Thank you for viewing the detailed overview of The Timken Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
The Timken Co (The Timken Co) Business Description
The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.
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