NTT, Inc.
Market Cap
$87.0B
Global Rank
#186
All-Time High
$87.4B
2026-07-29
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 49% of the 367 companies we track (globally).
- Equivalent to 2.0% of Japan's GDP (2025 data).
- Just above: #185 Cummins Inc. ($87.1B)
- Just below: #187 Intercontinental Exchange, Inc. ($84.9B)
- Best year: 2013 (+61%). Worst year: 2001 (-48%).
NTT, Inc. Financial Breakdown (FY 2026)
Source: Yahoo Finance β 9432.T annual filings (2026) (converted from JPY at 152.0) β$94.8B revenue Β· $11.8B operating income Β· $6.8B net income
- βOperating margin: 12.4% on $94.8B in revenue.
- βNet income margin: 7.2% β $6.8B in profit.
- βFree cash flow: $-5.1B (-5.3% of revenue).
Cost / Operating Expenses
Total operating expenses $83.0B
Total
$21.2B
Capital Expenditures
$14.8B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$-5.1B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About NTT, Inc.
NTT, Inc., is a Japanese telecommunications holding company headquartered in Tokyo, Japan. Ranked 128th in Fortune Global 500, NTT is the sixth-largest telecommunications company in the world in terms of revenue, as well as the 17th largest publicly traded company in Japan by market capitalization, and the 6th largest by revenue, as of January 2026. In 2025, the company was ranked 79th in the Forbes Global 2000. NTT was the world's largest company by market capitalization in the late 1980s, and remained among the world's top 10 largest companies by market cap until the burst of the Dot-com bubble in the early 2000s.
NTT, Inc. Market Cap History (2026β2026)
NTT, Inc. vs Sector Peers by Market Cap
Compare NTT, Inc.
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $87.0B | #186(β15) | +2.8% |
| 2025 | $84.6B | #171(β13) | +3.3% |
| 2024 | $81.9B | #158(β29) | -5.4% |
| 2023 | $86.5B | #129(β5) | +17.8% |
| 2022 | $73.4B | #124(β46) | +23.3% |
| 2021 | $59.5B | #170(β7) | +23.2% |
| 2020 | $48.3B | #177(β29) | -0.2% |
| 2019 | $48.4B | #148(β7) | +27.7% |
| 2018 | $37.9B | #141(β6) | -12.7% |
| 2017 | $43.4B | #135(β16) | +10.8% |
| 2016 | $39.2B | #119(β8) | +4.1% |
| 2015 | $37.7B | #111(β52) | +59.4% |
| 2014 | $23.6B | #163(β5) | +13.0% |
| 2013 | $20.9B | #158(β24) | +61.4% |
| 2012 | $12.9B | #182(β26) | -4.0% |
| 2011 | $13.5B | #156(β9) | +10.9% |
| 2010 | $12.2B | #165(β5) | +3.9% |
| 2009 | $11.7B | #160(β65) | -19.8% |
| 2008 | $14.6B | #95(β37) | -14.4% |
| 2007 | $17.0B | #132(β26) | -3.1% |
| 2006 | $17.6B | #106(β9) | +10.7% |
| 2005 | $15.9B | #97(β3) | +17.9% |
| 2004 | $13.5B | #94(β22) | -10.0% |
| 2003 | $15.0B | #72(β5) | +21.2% |
| 2002 | $12.4B | #67(β14) | +2.1% |
| 2001 | $12.1B | #81(β22) | -47.7% |
| 2000 | $23.2B | #59 |
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FAQ
What is NTT, Inc.'s market cap?
NTT, Inc. (9432.T) has a market capitalization of $87.0B, making it the #186 largest company in the world by market cap.
What was NTT, Inc.'s highest market cap?
NTT, Inc.'s all-time high market cap was $87.4B, reached in 2026-07-29. Its highest rank was #186 in 2026.
What sector is NTT, Inc. in?
NTT, Inc. is in the Communication Services sector, specifically the Telecom Services industry. It is based in Japan.
How has NTT, Inc.'s market cap changed over time?
NTT, Inc. has been tracked since 2026. Its market cap has grown by 0% from $87.0B in 2026 to $87.0B today.