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SoFi Technologies (SoFi Technologies) Market Cap : $7,337 Mil (As of May. 12, 2024)


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What is SoFi Technologies Market Cap?

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). SoFi Technologies's share price for the quarter that ended in Mar. 2024 was $7.3. SoFi Technologies's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,056 Mil. Therefore, SoFi Technologies's market cap for the quarter that ended in Mar. 2024 was $7,712 Mil.

SoFi Technologies's quarterly market cap increased from Sep. 2023 ($7,653 Mil) to Dec. 2023 ($9,710 Mil) but then declined from Dec. 2023 ($9,710 Mil) to Mar. 2024 ($7,712 Mil).

SoFi Technologies's annual market cap declined from Dec. 2021 ($13,093 Mil) to Dec. 2022 ($4,305 Mil) but then increased from Dec. 2022 ($4,305 Mil) to Dec. 2023 ($9,710 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. SoFi Technologies's Enterprise Value for Today is $6,965 Mil.


SoFi Technologies Market Cap Historical Data

The historical data trend for SoFi Technologies'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.

* Premium members only.

SoFi Technologies Market Cap Chart

SoFi Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 13,093.11 4,305.26 9,709.83

SoFi Technologies Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,707.86 7,913.93 7,653.30 9,709.83 7,712.38

Competitive Comparison of SoFi Technologies's Market Cap

For the Credit Services subindustry, SoFi Technologies'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.


SoFi Technologies's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SoFi Technologies's Market Cap distribution charts can be found below:

* The bar in red indicates where SoFi Technologies's Market Cap falls into.



SoFi Technologies 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.

SoFi Technologies's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$9.95*975.862
=$9,710

SoFi Technologies's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$7.3*1056.49
=$7,712

* 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.


SoFi Technologies  (NAS:SOFI) 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 company’s 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.


SoFi Technologies Market Cap Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

Traded in Other Exchanges
Address
234 1st Street, San Francisco, CA, USA, 94105
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
Executives
Jeremy Rishel officer: Chief Technology Officer 234 1ST STREET, SAN FRANCISCO CA 94105
Anthony Noto director, officer: Chief Executive Officer C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Christopher Lapointe officer: Chief Financial Officer 234 1ST ST, SAN FRANCISCO CA 94105
Webb Lauren Stafford officer: Chief Marketing Officer 234 1ST ST, SAN FRANCISCO CA 94105
Aaron Webster officer: Chief Risk Officer 234 1ST ST, SAN FRANCISCO CA 94105
Chad M Borton officer: President - SoFi Bank 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Hele John C.r. director WESSEX HOUSE, 4TH FLOOR, 45 REID STREET, HAMILTON D0 HM 12
Robert S Lavet officer: General Counsel and Secretary 12061 BLUEMONT WAY, RESTON VA 20190
Softbank Group Corp director, 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Michelle Gill officer: EVP & Group Business Leader 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129
Harvey M Schwartz director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Micah Heavener officer: Head of Operations 234 1ST ST, SAN FRANCISCO CA 94105
George Thompson Hutton director C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Investment Authority Qatar director P.O. BOX 23224, DOHA S3 QATAR
Thomas Clayton Wilkes director, officer: CEO - Galileo 234 1ST ST, SAN FRANCISCO CA 94015