Ericsson (ERIC) - Market capitalization

Market cap: C$38.24 Billion

As of November 2024 Ericsson has a market cap of C$38.24 Billion. This makes Ericsson the world's 743th 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	C$38.24 B	37.46%
2023	C$27.82 B	5.32%
2022	C$26.42 B	-43.63%
2021	C$46.86 B	-7.73%
2020	C$50.79 B	33.23%
2019	C$38.12 B	-3.11%
2018	C$39.35 B	46.34%
2017	C$26.89 B	4%
2016	C$25.85 B	-41.31%
2015	C$44.05 B	-3.09%
2014	C$45.45 B	8.47%
2013	C$41.90 B	31.06%
2012	C$31.97 B	-11.03%
2011	C$35.94 B	-4.6%
2010	C$37.67 B	18.9%
2009	C$31.68 B	2.78%
2008	C$30.82 B	-17.96%
2007	C$37.57 B	-50.27%
2006	C$75.56 B	16.95%
2005	C$64.61 B	5.89%
2004	C$61.01 B	64.73%
2003	C$37.04 B	117.82%
2002	C$17.00 B	-74.65%
2001	C$67.07 B	-49.42%
2000	C$132.61 B	-28.48%
1999	C$185.42 B	158.17%
1998	C$71.82 B	38.26%
1997	C$51.94 B	30.7%
1996	C$39.74 B

End of Day market cap according to different sources

On Nov 9th, 2024 the market cap of Ericsson was reported to be:

C$37.51 Billion

by Yahoo Finance

C$38.24 Billion

by CompaniesMarketCap

C$38.27 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Cisco CSCO	C$321.88 B	741.55%	🇺🇸 USA
Nokia NOK	C$34.34 B	-10.20%	🇫🇮 Finland
QUALCOMM QCOM	C$264.09 B	590.47%	🇺🇸 USA
Juniper Networks JNPR	C$17.91 B	-53.15%	🇺🇸 USA
Motorola Solutions MSI	C$117.09 B	206.14%	🇺🇸 USA
Microsoft MSFT	C$4.369 T	11,323.67%	🇺🇸 USA
IBM IBM	C$274.85 B	618.59%	🇺🇸 USA
Ciena CIEN	C$14.44 B	-62.23%	🇺🇸 USA
HP HPQ	C$49.33 B	28.99%	🇺🇸 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: C$38.24 Billion