Ericsson (ERIC) - Market capitalization

Market cap: NZ$40.81 Billion

As of September 2024 Ericsson has a market cap of NZ$40.81 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	NZ$40.81 B	23.03%
2023	NZ$33.17 B	8.17%
2022	NZ$30.66 B	-42.89%
2021	NZ$53.69 B	-3.06%
2020	NZ$55.39 B	28%
2019	NZ$43.27 B	0.53%
2018	NZ$43.04 B	42.93%
2017	NZ$30.11 B	8.42%
2016	NZ$27.77 B	-40.21%
2015	NZ$46.45 B	-6.97%
2014	NZ$49.93 B	4.17%
2013	NZ$47.93 B	22.21%
2012	NZ$39.22 B	-13.36%
2011	NZ$45.27 B	-7.7%
2010	NZ$49.04 B	17.44%
2009	NZ$41.76 B	-4.97%
2008	NZ$43.94 B	-9.85%
2007	NZ$48.74 B	-47.08%
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 Sep 20th, 2024 the market cap of Ericsson was reported to be:

NZ$40.81 Billion

by Yahoo Finance

NZ$40.81 Billion

by CompaniesMarketCap

NZ$40.91 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Cisco CSCO	NZ$335.23 B	721.40%	🇺🇸 USA
Nokia NOK	NZ$37.74 B	-7.51%	🇫🇮 Finland
QUALCOMM QCOM	NZ$304.16 B	645.27%	🇺🇸 USA
Juniper Networks JNPR	NZ$20.69 B	-49.29%	🇺🇸 USA
Motorola Solutions MSI	NZ$119.35 B	192.44%	🇺🇸 USA
Microsoft MSFT	NZ$5.229 T	12,713.71%	🇺🇸 USA
IBM IBM	NZ$324.13 B	694.21%	🇺🇸 USA
Ciena CIEN	NZ$13.71 B	-66.41%	🇺🇸 USA
HP HPQ	NZ$54.12 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: NZ$40.81 Billion