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). iHeartMedia's share price for the quarter that ended in Dec. 2023 was $2.67. iHeartMedia's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 145 Mil. Therefore, iHeartMedia's market cap for the quarter that ended in Dec. 2023 was $386 Mil.
iHeartMedia's quarterly market cap
declined
from Jun. 2023 ($526 Mil) to Sep. 2023 ($457 Mil) and
declined
from Sep. 2023 ($457 Mil) to Dec. 2023 ($386 Mil).
iHeartMedia's annual market cap
declined
from Dec. 2021 ($2,992 Mil) to Dec. 2022 ($878 Mil) and
declined
from Dec. 2022 ($878 Mil) to Dec. 2023 ($386 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. iHeartMedia's Enterprise Value for Today is $6,000 Mil.
iHeartMedia Market Cap Historical Data
The historical data trend for iHeartMedia'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 iHeartMedia's Market Cap
For the Broadcasting subindustry, iHeartMedia'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.
iHeartMedia's Market Cap Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, iHeartMedia's Market Cap distribution charts can be found below:
* The bar in red indicates where iHeartMedia's Market Cap falls into.
iHeartMedia 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.
iHeartMedia'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.
iHeartMedia (NAS:IHRT) 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.
iHeartMedia Market Cap Related Terms
Thank you for viewing the detailed overview of iHeartMedia's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
iHeartMedia Inc is a us-based diversified media and entertainment company. It operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IHRT has been successfully added to your 