Ericsson (ERIC) - Market capitalization

Market cap: A$37.87 Billion

As of September 2024 Ericsson has a market cap of A$37.87 Billion. This makes Ericsson the world's 798th 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	A$37.87 B	22.99%
2023	A$30.79 B	7.62%
2022	A$28.61 B	-43.43%
2021	A$50.57 B	-2.17%
2020	A$51.70 B	24.5%
2019	A$41.52 B	1.31%
2018	A$40.99 B	49.62%
2017	A$27.39 B	2.64%
2016	A$26.69 B	-38.78%
2015	A$43.59 B	-8.73%
2014	A$47.77 B	8.23%
2013	A$44.13 B	42.31%
2012	A$31.01 B	-10%
2011	A$34.45 B	-7.43%
2010	A$37.22 B	10.56%
2009	A$33.67 B	-8.28%
2008	A$36.71 B	-14.84%
2007	A$43.10 B	-47.64%
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 Sep 20th, 2024 the market cap of Ericsson was reported to be:

A$37.87 Billion

by Yahoo Finance

A$37.87 Billion

by CompaniesMarketCap

A$37.96 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Cisco CSCO	A$311.07 B	721.40%	🇺🇸 USA
Nokia NOK	A$35.02 B	-7.51%	🇫🇮 Finland
QUALCOMM QCOM	A$282.24 B	645.27%	🇺🇸 USA
Juniper Networks JNPR	A$19.20 B	-49.29%	🇺🇸 USA
Motorola Solutions MSI	A$110.74 B	192.44%	🇺🇸 USA
Microsoft MSFT	A$4.852 T	12,713.71%	🇺🇸 USA
IBM IBM	A$300.77 B	694.21%	🇺🇸 USA
Ciena CIEN	A$12.72 B	-66.41%	🇺🇸 USA
HP HPQ	A$50.22 B	32.63%	🇺🇸 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$37.87 Billion