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). Aurora Innovation's share price for the quarter that ended in Mar. 2024 was $2.82. Aurora Innovation's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,544.87 Mil. Therefore, Aurora Innovation's market cap for the quarter that ended in Mar. 2024 was $4,356.53 Mil.
Aurora Innovation's quarterly market cap
increased
from Sep. 2023 ($3,557.90 Mil) to Dec. 2023 ($6,681.73 Mil) but then
declined
from Dec. 2023 ($6,681.73 Mil) to Mar. 2024 ($4,356.53 Mil).
Aurora Innovation's annual market cap
declined
from Dec. 2021 ($12,643.07 Mil) to Dec. 2022 ($1,410.86 Mil) but then
increased
from Dec. 2022 ($1,410.86 Mil) to Dec. 2023 ($6,681.73 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. Aurora Innovation's Enterprise Value for Today is $4,000.66 Mil.
Aurora Innovation Market Cap Historical Data
The historical data trend for Aurora Innovation'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 Aurora Innovation's Market Cap
For the Information Technology Services subindustry, Aurora Innovation'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.
Aurora Innovation's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Aurora Innovation's Market Cap distribution charts can be found below:
* The bar in red indicates where Aurora Innovation's Market Cap falls into.
Aurora Innovation 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.
Aurora Innovation'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.
Aurora Innovation (NAS:AUR) 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.
Aurora Innovation Market Cap Related Terms
Thank you for viewing the detailed overview of Aurora Innovation's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Aurora Innovation (Aurora Innovation) Business Description
Aurora Innovation Inc is engaged in delivering self-driving technology safely, quickly, and broadly. The company designs and develops the Aurora Driver, which is the hardware, software, and data services that allow vehicles to drive themselves. Its flagship product, the Aurora Driver, is a platform that brings together software, hardware, and data services, to autonomously operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. The company has partnered with industries across the transportation ecosystem including Toyota, Volvo, PACCAR, Uber, Uber Freight, FedEx, and U.S. Xpress. The company tests its vehicles in the Bay Area, Pittsburgh, and Texas and has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Detroit, MI.
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