Ericsson (ERIC) - Market capitalization

Market cap: NZ$46.02 Billion

As of November 2024 Ericsson has a market cap of NZ$46.02 Billion. This makes Ericsson the world's 744th 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	NZ$46.02 B	38.74%
2023	NZ$33.17 B	8.17%
2022	NZ$30.66 B	-43.04%
2021	NZ$53.84 B	-2.49%
2020	NZ$55.21 B	27.38%
2019	NZ$43.34 B	0.65%
2018	NZ$43.06 B	43%
2017	NZ$30.11 B	8.42%
2016	NZ$27.77 B	-40.14%
2015	NZ$46.40 B	-7.19%
2014	NZ$49.99 B	4.36%
2013	NZ$47.90 B	22.56%
2012	NZ$39.08 B	-13.66%
2011	NZ$45.27 B	-7.33%
2010	NZ$48.85 B	17.83%
2009	NZ$41.46 B	-5.1%
2008	NZ$43.69 B	-11.16%
2007	NZ$49.17 B	-46.62%
2006	NZ$92.12 B	13.46%
2005	NZ$81.19 B	14.04%
2004	NZ$71.19 B	62.08%
2003	NZ$43.92 B	113.52%
2002	NZ$20.57 B	-79.71%
2001	NZ$101.38 B	-49.24%
2000	NZ$199.74 B	-18.81%
1999	NZ$246.01 B	177.53%
1998	NZ$88.64 B	41.48%
1997	NZ$62.65 B	52.55%
1996	NZ$41.07 B

End of Day market cap according to different sources

On Nov 20th, 2024 the market cap of Ericsson was reported to be:

NZ$43.76 Billion

by Yahoo Finance

NZ$43.76 Billion

by CompaniesMarketCap

NZ$45.53 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Cisco CSCO	NZ$390.25 B	747.94%	🇺🇸 USA
Nokia NOK	NZ$39.42 B	-14.34%	🇫🇮 Finland
QUALCOMM QCOM	NZ$292.07 B	534.61%	🇺🇸 USA
Juniper Networks JNPR	NZ$20.11 B	-56.28%	🇺🇸 USA
Motorola Solutions MSI	NZ$140.28 B	204.82%	🇺🇸 USA
Microsoft MSFT	NZ$5.264 T	11,337.98%	🇺🇸 USA
IBM IBM	NZ$338.14 B	634.72%	🇺🇸 USA
Ciena CIEN	NZ$16.36 B	-64.45%	🇺🇸 USA
HP HPQ	NZ$60.21 B	30.84%	🇺🇸 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: NZ$46.02 Billion