Ericsson (ERIC) - Market capitalization

Market cap: £21.18 Billion

As of October 2024 Ericsson has a market cap of £21.18 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	£21.18 B	28.65%
2023	£16.46 B	2.32%
2022	£16.09 B	-40.93%
2021	£27.24 B	-6.78%
2020	£29.22 B	31.29%
2019	£22.26 B	-2.18%
2018	£22.75 B	43.8%
2017	£15.82 B	1.49%
2016	£15.59 B	-27.24%
2015	£21.43 B	-14.82%
2014	£25.16 B	5.42%
2013	£23.86 B	19.96%
2012	£19.89 B	-12.48%
2011	£22.73 B	-6.89%
2010	£24.41 B	31.2%
2009	£18.60 B	7.57%
2008	£17.29 B	-8.77%
2007	£18.96 B	-42.77%
2006	£33.13 B	2.96%
2005	£32.18 B	21.62%
2004	£26.46 B	65.77%
2003	£15.96 B	137.72%
2002	£6.71 B	-76.88%
2001	£29.03 B	-51.04%
2000	£59.30 B	-25.46%
1999	£79.56 B	183.21%
1998	£28.09 B	26.93%
1997	£22.13 B	30.61%
1996	£16.94 B

End of Day market cap according to different sources

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

£21.18 Billion

by Yahoo Finance

£21.18 Billion

by CompaniesMarketCap

£21.27 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Cisco CSCO	£172.96 B	716.45%	🇺🇸 USA
Nokia NOK	£18.16 B	-14.27%	🇫🇮 Finland
QUALCOMM QCOM	£146.47 B	591.41%	🇺🇸 USA
Juniper Networks JNPR	£9.92 B	-53.17%	🇺🇸 USA
Motorola Solutions MSI	£61.23 B	189.06%	🇺🇸 USA
Microsoft MSFT	£2.380 T	11,135.97%	🇺🇸 USA
IBM IBM	£164.84 B	678.15%	🇺🇸 USA
Ciena CIEN	£7.38 B	-65.16%	🇺🇸 USA
HP HPQ	£27.82 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: £21.18 Billion