Ericsson (ERIC) - Market capitalization

Market cap: A$41.08 Billion

As of October 2024 Ericsson has a market cap of A$41.08 Billion. This makes Ericsson the world's 741th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Ericsson from 1996 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	A$41.08 B	33.44%
2023	A$30.79 B	7.62%
2022	A$28.61 B	-43.59%
2021	A$50.72 B	-2.09%
2020	A$51.81 B	24.26%
2019	A$41.69 B	1.68%
2018	A$41.00 B	49.68%
2017	A$27.39 B	2.64%
2016	A$26.69 B	-38.77%
2015	A$43.59 B	-8.92%
2014	A$47.86 B	8.45%
2013	A$44.13 B	42.64%
2012	A$30.94 B	-10.2%
2011	A$34.45 B	-7.13%
2010	A$37.10 B	10.68%
2009	A$33.52 B	-6.72%
2008	A$35.93 B	-16.59%
2007	A$43.08 B	-47.67%
2006	A$82.32 B	8.55%
2005	A$75.84 B	15.53%
2004	A$65.64 B	70.89%
2003	A$38.41 B	101.02%
2002	A$19.11 B	-76.84%
2001	A$82.49 B	-47.89%
2000	A$158.31 B	-19.08%
1999	A$195.64 B	156.44%
1998	A$76.29 B	36.71%
1997	A$55.80 B	52.78%
1996	A$36.52 B

End of Day market cap according to different sources

On Oct 17th, 2024 the market cap of Ericsson was reported to be:

A$41.08 Billion

by Yahoo Finance

A$41.08 Billion

by CompaniesMarketCap

A$41.27 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Cisco CSCO	A$335.47 B	716.45%	🇺🇸 USA
Nokia NOK	A$35.22 B	-14.27%	🇫🇮 Finland
QUALCOMM QCOM	A$284.09 B	591.41%	🇺🇸 USA
Juniper Networks JNPR	A$19.24 B	-53.17%	🇺🇸 USA
Motorola Solutions MSI	A$118.77 B	189.06%	🇺🇸 USA
Microsoft MSFT	A$4.616 T	11,135.97%	🇺🇸 USA
IBM IBM	A$319.73 B	678.15%	🇺🇸 USA
Ciena CIEN	A$14.31 B	-65.16%	🇺🇸 USA
HP HPQ	A$53.96 B	31.33%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Ericsson (ERIC)

Market cap: A$41.08 Billion