Ericsson (ERIC) - Market capitalization

Market cap: €22.78 Billion

As of September 2024 Ericsson has a market cap of €22.78 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	€22.78 B	20.06%
2023	€18.97 B	4.55%
2022	€18.15 B	-43.85%
2021	€32.32 B	-0.82%
2020	€32.59 B	25.35%
2019	€25.99 B	3.1%
2018	€25.21 B	41.46%
2017	€17.82 B	-2.55%
2016	€18.29 B	-37.12%
2015	€29.09 B	-9.6%
2014	€32.17 B	12.92%
2013	€28.49 B	17.13%
2012	€24.32 B	-10.58%
2011	€27.20 B	-4.22%
2010	€28.40 B	35.05%
2009	€21.03 B	17.05%
2008	€17.97 B	-29.67%
2007	€25.55 B	-48.05%
2006	€49.18 B	4.99%
2005	€46.84 B	39.43%
2004	€33.59 B	46.99%
2003	€22.85 B	121.94%
2002	€10.29 B	-78.4%
2001	€47.67 B	-49.26%
2000	€93.96 B	-26.46%
1999	€127.76 B	224.55%
1998	€39.36 B	28.49%
1997	€30.63 B	25.3%
1996	€24.45 B

End of Day market cap according to different sources

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

€22.78 Billion

by Yahoo Finance

€22.78 Billion

by CompaniesMarketCap

€22.84 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Cisco CSCO	€187.15 B	721.40%	🇺🇸 USA
Nokia NOK	€21.07 B	-7.51%	🇫🇮 Finland
QUALCOMM QCOM	€169.81 B	645.27%	🇺🇸 USA
Juniper Networks JNPR	€11.55 B	-49.29%	🇺🇸 USA
Motorola Solutions MSI	€66.63 B	192.44%	🇺🇸 USA
Microsoft MSFT	€2.919 T	12,713.71%	🇺🇸 USA
IBM IBM	€180.96 B	694.21%	🇺🇸 USA
Ciena CIEN	€7.65 B	-66.41%	🇺🇸 USA
HP HPQ	€30.21 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: €22.78 Billion