Switch Stock

Switch Market capitalization 2024

Switch Market capitalization

4.75 B USD

Ticker

SWCH

ISIN

US87105L1044

WKN

A2DYD7

In 2024, Switch's market cap stood at 4.75 B USD, a 21.93% increase from the 3.9 B USD market cap in the previous year.

The Switch Market capitalization history

YEARMarket Capitalization (undefined USD)
20212.78
20203.98
20193.12
20180.57
20170.66
2016-
2015-
2014-
2013-

Switch Aktienanalyse

What does Switch do?

Switch Inc is a leading technology company specializing in the development and operation of data centers. Founded by Rob Roy in Las Vegas, USA in 2000, the company has evolved into a leading provider of colocation and cloud services and is listed on the New York Stock Exchange. Switch operates modular data centers that offer high availability, scalability, and energy efficiency. The company has implemented advanced technologies such as cooling distribution systems and the use of renewable energy to make its data centers among the most energy-efficient in the world. Switch offers various services including data center operations, colocation services, cloud services, internet of things (IoT), and data analytics services. The colocation services involve allowing customers to place their own servers in Switch's data centers and include server management, network connectivity, data security, and customer support. Some of Switch's colocation customers include eBay, Intel, and Google. The company also provides cloud services, allowing customers to store and process applications and data in the cloud with flexible and scalable resources. Switch's cloud services cater to different target markets, from small startups to large enterprises. In addition, Switch offers IoT services focused on connecting machines and devices in industries and the public sector, providing IoT connectivity services to monitor and improve device performance. The company also has a data analytics division that collects and analyzes data from various sources to provide valuable insights for its customers' businesses. Aside from services, Switch offers hardware products such as switches, racks, and servers optimized for use in their data centers, delivering high performance and reliability. To strengthen its position as an industry leader, Switch has also invested in expanding its global network with data centers in multiple countries, including the USA, Canada, and Italy. The company plans to open more data centers in Europe and Asia. In summary, Switch holds a unique position in the data center and cloud services industry with its innovative business model and a wide range of services and products. The company is focused on continuing its growth and expansion strategy for even greater success. Switch ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Switch's Market Capitalization

Switch's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Switch's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Switch's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Switch’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Switch stock

What is the current Switch market capitalization?

The current market capitalization of Switch is 4.75 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Switch.

How has the market capitalization of Switch developed in recent years?

The market capitalization of Switch has increased/decreased by 21.93% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Switch?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Switch?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Switch have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Switch pay?

Over the past 12 months, Switch paid a dividend of 0.21 USD . This corresponds to a dividend yield of about 0.6 %. For the coming 12 months, Switch is expected to pay a dividend of 0.43 USD.

What is the dividend yield of Switch?

The current dividend yield of Switch is 0.6 %.

When does Switch pay dividends?

Switch pays a quarterly dividend. This is distributed in the months of April, June, September, December.

How secure is the dividend of Switch?

Switch paid dividends every year for the past 10 years.

What is the dividend of Switch?

For the upcoming 12 months, dividends amounting to 0.43 USD are expected. This corresponds to a dividend yield of 1.25 %.

In which sector is Switch located?

Switch is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Switch kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Switch from 12/1/2022 amounting to 0.053 USD, you needed to have the stock in your portfolio before the ex-date on 11/18/2022.

When did Switch pay the last dividend?

The last dividend was paid out on 12/1/2022.

What was the dividend of Switch in the year 2023?

In the year 2023, Switch distributed 0.21 USD as dividends.

In which currency does Switch pay out the dividend?

The dividends of Switch are distributed in USD.

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Andere Kennzahlen von Switch

Our stock analysis for Switch Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Switch Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.