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). SLM's share price for the quarter that ended in Mar. 2024 was $21.79. SLM's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 220 Mil. Therefore, SLM's market cap for the quarter that ended in Mar. 2024 was $4,800 Mil.
SLM's quarterly market cap
increased
from Sep. 2023 ($3,082 Mil) to Dec. 2023 ($4,213 Mil) and
increased
from Dec. 2023 ($4,213 Mil) to Mar. 2024 ($4,800 Mil).
SLM's annual market cap
declined
from Dec. 2021 ($5,486 Mil) to Dec. 2022 ($3,995 Mil) but then
increased
from Dec. 2022 ($3,995 Mil) to Dec. 2023 ($4,213 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. SLM's Enterprise Value for Today is $6,468 Mil.
SLM Market Cap Historical Data
The historical data trend for SLM'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.
For the Credit Services subindustry, SLM'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.
SLM's Market Cap Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, SLM's Market Cap distribution charts can be found below:
* The bar in red indicates where SLM's Market Cap falls into.
SLM 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.
SLM'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.
SLM (NAS:SLM) 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.
SLM Market Cap Related Terms
Thank you for viewing the detailed overview of SLM's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
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