With a market capitalization (market cap) of $33.13B — a measure of how much the company is worth — Telefonaktiebolaget LM Ericsson (publ) is the 440th most valuable company in Technology as of August 18, 2026. Shares trade at $10.09, down +0.79% on the day.
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Telefonaktiebolaget LM Ericsson (publ), along with its various subsidiaries, operates as a global supplier of communication infrastructure, software, and service solutions, primarily serving the telecommunications industry and other diverse sectors. The company's business is organized into four distinct segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks division focuses on delivering cutting-edge radio access network (RAN) solutions for a wide array of network spectrums, encompassing robust integrated hardware and software, complete antenna and transport systems, and a full spectrum of services for network setup and ongoing maintenance. Digital Services provides advanced software-driven solutions for critical functions like business support systems (BSS), operational support systems (OSS), communication platforms, core network architecture, and cloud infrastructure. The Managed Services segment offers telecom operators an extensive range of provisions, including comprehensive network and IT management, network design and optimization, and application development and maintenance. Finally, the Emerging Business and Other segment encompasses innovative ventures such as Internet of Things (IoT) technologies, iconectiv, Cradlepoint (known for its wireless edge WAN 4G and 5G enterprise solutions), Red Bee Media, MediaKind, and other developing enterprises. Established in 1876 and based in Stockholm, Sweden, Ericsson maintains a substantial worldwide footprint, with operations spanning North America, Europe and Latin America, the Middle East and Africa, Southeast Asia, Oceania, India, Northeast Asia, and numerous other international markets.
Visit websiteAs of August 18, 2026, Telefonaktiebolaget LM Ericsson (publ) (ERIC) is worth $33.13B — this is its market capitalization, the total value of all its outstanding shares.
Telefonaktiebolaget LM Ericsson (publ)’s market cap is $33.13B, which ranks it #440 among the most valuable companies in the Technology sector tracked on MarketCapLens.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) shares trade at $10.09, down 0.79% on the day, as of August 18, 2026.
Fundamentals are annual. Figures labeled with their fiscal year.
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Telefonaktiebolaget LM Ericsson (publ) trades at a price-to-earnings (P/E) ratio of 1.3, based on its latest share price and annual earnings per share.