Ever wondered what SS&C Technologies Holdings (SSNC) is really worth on the open market, right now? In this guide, I’ll walk you through the process of figuring out SSNC’s latest market capitalization, using the most current stock price, and show you how analysts and investors actually use this number. I’ll also weave in some of my hands-on experiences, plus a practical example using real data. Along the way, I’ll compare how different countries handle “verified trade value” (and why those trade standards matter for a global tech company like SS&C). If you want to understand not just the “what,” but the “how” and “why,” keep reading.
Let’s get straight to it: market capitalization is the total value stock market investors assign to a company. It’s the stock price multiplied by the total number of outstanding shares. But here’s the thing—while it sounds simple, in real investing, getting the “current” market cap can be unexpectedly tricky.
For SS&C Technologies (ticker: SSNC), the market cap changes minute by minute as the stock price fluctuates. That’s why you’ll see slightly different numbers on Yahoo Finance, Bloomberg, or even your brokerage app. A few times, I’ve tried to grab the number quickly for a presentation, only to realize it was already outdated by the time I pasted it into my slides!
Here’s what I usually do. I go to Yahoo Finance’s SSNC page. You’ll see a quote like this:
SSNC: $62.15 (as of market close, June 27, 2024)
You can also use other platforms such as NASDAQ or Bloomberg. It doesn’t really matter which, as long as you’re getting real-time (or close to real-time) data.
The number of shares outstanding is usually listed under “Key Statistics” or “Share Statistics” on finance sites. As of the most recent quarterly filing (10-Q, filed May 2024), SS&C reported about 248.5 million shares outstanding (SEC filing).
Here’s the simple math:
So, based on the latest data, SS&C Technologies Holdings is valued at about $15.44 billion.
When I actually did this for myself, I went to Yahoo Finance, searched “SSNC,” and took a screenshot of the stock price. I then cross-referenced the outstanding shares on the company’s SEC filings page. Here’s what that looked like:
Sometimes I’ve made the mistake of using “market cap” as shown directly on these sites, but it’s good to double-check by doing the calculation yourself—especially since sites can lag or use slightly outdated share counts.
Now, here’s a curveball: the method for verifying a company’s value (or “market cap”) can differ depending on the country and the regulatory standards in play. If you’re dealing with international mergers, trade, or investments, these differences can get surprisingly important.
Country/Org | Standard Name | Legal Basis | Enforcing Agency |
---|---|---|---|
United States | Securities Exchange Act | SEA 1934 | SEC |
European Union | MiFID II | Directive 2014/65/EU | ESMA |
Japan | Financial Instruments and Exchange Act | Law No. 25 of 1948 | FSA |
International | OECD Corporate Governance Principles | OECD 2015 | OECD/WTO |
For example, the U.S. SEC strictly defines share classes and disclosure, while the EU’s ESMA mandates transparency but leaves room for more flexibility in reporting. This can lead to slightly different numbers for “market cap” depending on which rules you’re following and which data source you trust.
Let’s say Company A in the U.S. (subject to SEC rules) wants to merge with Company B in Germany (under ESMA). Company A’s market cap, according to its SEC filings, is $15.44B. But Company B’s advisors, using MiFID II standards, calculate a slightly different number, maybe because of how they count restricted shares or treat treasury stock. This kind of discrepancy can be a headache in cross-border deals, and it’s one reason why international standards matter.
I once heard Dr. Lisa Chen, a global markets strategist, explain at a CFA Society event: “Whenever you’re dealing with international valuations, always clarify which reporting standard is being used, and double-check the source. Even a 1% difference in market cap can have major implications in a $15B deal.” (Source: CFA Society New York, 2023 panel)
Early in my career, I was working on a research report comparing U.S. and EU software firms. I pulled market cap numbers from Bloomberg for all my U.S. companies, but used Reuters for the European ones. Halfway through, my managing director pointed out: “Hey, why are your market cap numbers off by a few percent?” Turns out, the share counts were calculated differently due to local rules. I had to redo all my analysis. Never again!
To sum up, SS&C Technologies Holdings’ market capitalization, as of the latest stock price and outstanding shares, is about $15.44 billion. But don’t just grab numbers blindly—always check the latest filings and be aware of international standards if you’re using the data for anything cross-border.
For your next steps, I recommend:
If you ever get lost in the maze of numbers, remember: even seasoned analysts have to backtrack sometimes. The trick is to get comfortable double-checking, and to always ask, “Which standard are we using?” That’s how you avoid the kind of embarrassing mistakes I made early on.