H&E Equipment Services's quarterly market cap
increased
from Sep. 2023 ($1,574 Mil) to Dec. 2023 ($1,907 Mil) and
increased
from Dec. 2023 ($1,907 Mil) to Mar. 2024 ($2,344 Mil).
H&E Equipment Services's annual market cap
increased
from Dec. 2021 ($1,600 Mil) to Dec. 2022 ($1,648 Mil) and
increased
from Dec. 2022 ($1,648 Mil) to Dec. 2023 ($1,907 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. H&E Equipment Services's Enterprise Value for Today is $3,512 Mil.
* 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 H&E Equipment Services's Market Cap
For the Rental & Leasing Services subindustry, H&E Equipment Services'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.
H&E Equipment Services's Market Cap Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, H&E Equipment Services's Market Cap distribution charts can be found below:
* The bar in red indicates where H&E Equipment Services's Market Cap falls into.
H&E Equipment Services 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.
H&E Equipment Services'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.
H&E Equipment Services (NAS:HEES) 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.
H&E Equipment Services Market Cap Related Terms
Thank you for viewing the detailed overview of H&E Equipment Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
H&E Equipment Services (H&E Equipment Services) Business Description
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.
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