Diamondrock Hospitality Co's quarterly market cap
increased
from Sep. 2023 ($1,683 Mil) to Dec. 2023 ($1,968 Mil) and
increased
from Dec. 2023 ($1,968 Mil) to Mar. 2024 ($2,019 Mil).
Diamondrock Hospitality Co's annual market cap
declined
from Dec. 2021 ($2,025 Mil) to Dec. 2022 ($1,715 Mil) but then
increased
from Dec. 2022 ($1,715 Mil) to Dec. 2023 ($1,968 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. Diamondrock Hospitality Co's Enterprise Value for Today is $2,899 Mil.
Diamondrock Hospitality Co Market Cap Historical Data
* 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 Diamondrock Hospitality Co's Market Cap
For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality 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.
Diamondrock Hospitality Co's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Diamondrock Hospitality Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Diamondrock Hospitality Co's Market Cap falls into.
Diamondrock Hospitality 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.
* 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.
Diamondrock Hospitality Co (NYSE:DRH) 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.
Diamondrock Hospitality Co Market Cap Related Terms
Thank you for viewing the detailed overview of Diamondrock Hospitality Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.
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