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). Charles Schwab's share price for the quarter that ended in Jun. 2024 was $73.69. Charles Schwab's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 1,829 Mil. Therefore, Charles Schwab's market cap for the quarter that ended in Jun. 2024 was $134,743 Mil.
Charles Schwab's quarterly market cap
increased
from Dec. 2023 ($125,457 Mil) to Mar. 2024 ($132,164 Mil) and
increased
from Mar. 2024 ($132,164 Mil) to Jun. 2024 ($134,743 Mil).
Charles Schwab's annual market cap
declined
from Dec. 2021 ($159,221 Mil) to Dec. 2022 ($154,294 Mil) and
declined
from Dec. 2022 ($154,294 Mil) to Dec. 2023 ($125,457 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. Charles Schwab's Enterprise Value for Today is $129,811 Mil.
Charles Schwab Market Cap Historical Data
The historical data trend for Charles Schwab'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 Charles Schwab's Market Cap
For the Capital Markets subindustry, Charles Schwab'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.
Charles Schwab's Market Cap Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Charles Schwab's Market Cap distribution charts can be found below:
* The bar in red indicates where Charles Schwab's Market Cap falls into.
Charles Schwab 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.
Charles Schwab'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.
Charles Schwab (NYSE:SCHW) 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.
Charles Schwab Market Cap Related Terms
Thank you for viewing the detailed overview of Charles Schwab's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab is among the largest firms in the investment business, with over $8 trillion of client assets at the end of December 2023. Nearly all of its revenue is from the United States.
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