Ericsson (ERIC) - Market capitalization

Market cap: $22.50 Billion

As of July 2024 Ericsson has a market cap of $22.50 Billion. This makes Ericsson the world's 846th 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	Market cap	Change
2024	$22.50 B	7.26%
2023	$20.97 B	7.75%
2022	$19.47 B	-47.05%
2021	$36.77 B	-7.69%
2020	$39.83 B	36.47%
2019	$29.19 B	1.06%
2018	$28.88 B	35.06%
2017	$21.38 B	11.16%
2016	$19.24 B	-39.42%
2015	$31.75 B	-18.93%
2014	$39.17 B	-0.5%
2013	$39.36 B	22.43%
2012	$32.15 B	-8.99%
2011	$35.33 B	-6.25%
2010	$37.68 B	25.16%
2009	$30.11 B	18.77%
2008	$25.35 B	-32.69%
2007	$37.66 B	-41.96%
2006	$64.90 B	16.95%
2005	$55.49 B	9.24%
2004	$50.80 B	77.91%
2003	$28.55 B	165.21%
2002	$10.76 B	-74.43%
2001	$42.10 B	-52.44%
2000	$88.51 B	-31.15%
1999	$128.56 B	175.21%
1998	$46.71 B	28.49%
1997	$36.35 B	25.3%
1996	$29.01 B

End of Day market cap according to different sources

On Jul 25th, 2024 the market cap of Ericsson was reported to be:

$21.95 Billion

by Yahoo Finance

$21.95 Billion

by CompaniesMarketCap

$21.90 Billion

by Nasdaq

$20.21 Billion

by Iex Cloud

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Cisco CSCO	$192.89 B	757.23%	🇺🇸 USA
Nokia NOK	$21.12 B	-6.14%	🇫🇮 Finland
QUALCOMM QCOM	$200.93 B	792.94%	🇺🇸 USA
Juniper Networks JNPR	$12.10 B	-46.20%	🇺🇸 USA
Motorola Solutions MSI	$65.66 B	191.81%	🇺🇸 USA
Microsoft MSFT	$3.160 T	13,946.05%	🇺🇸 USA
IBM IBM	$176.14 B	682.76%	🇺🇸 USA
Ciena CIEN	$7.20 B	-67.97%	🇺🇸 USA
HP HPQ	$35.56 B	58.03%	🇺🇸 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: $22.50 Billion