Pearson, a global learning company, has a net worth, or market capitalization, of $10.59 billion as of December 23, 2024.
This valuation reflects the company's financial standing and its value in the market. Over the past year, Pearson's market capitalization has shown significant growth, increasing by 24.90%. This growth indicates a strong performance and positive investor sentiment towards the company's operations and future prospects.
Understanding Market Capitalization
Market capitalization (often shortened to "market cap") is a key metric used to determine a company's total value. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
- Indicator of Size: Market cap helps classify companies by size (e.g., large-cap, mid-cap, small-cap). Pearson, with over $10 billion in market cap, falls into the large-cap category.
- Market Perception: It reflects how the stock market values a company. A higher market cap often suggests that investors have confidence in the company's profitability, growth potential, and stability.
- Volatility: Market cap can fluctuate daily with changes in stock prices, influenced by various factors such as company earnings reports, economic news, industry trends, and investor sentiment.
Pearson's Financial Performance Snapshot
To provide a clearer picture of Pearson's financial position and recent performance, consider the following:
| Metric | Value | Date/Period |
|---|---|---|
| Market Cap | $10.59 billion | December 23, 2024 |
| One-Year Growth | 24.90% | Past year (as of Dec 23, 2024) |
Pearson's substantial market capitalization highlights its prominent position in the education and publishing industry globally. Its recent growth underscores a period of positive momentum, potentially driven by strategic initiatives, strong revenue streams, or effective cost management. For more detailed financial information, one can typically refer to financial data platforms like Stock Analysis.
