Gazprom carries a market cap of approximately $30 billion as of early 2026, a fraction of its 2008 peak above $367 billion. Western sanctions following Russia's 2022 invasion of Ukraine, collapsed European gas export revenues, and restricted foreign trading in GAZP shares have erased roughly 90% of the company's value since that peak.
Market Cap Of Gazprom
Year-On-Year Gazprom Market Cap
| Year | Market Cap (USD) | YoY Change |
|---|---|---|
| 2016 | $52.1B | — |
| 2017 | $54.8B | +5.2% |
| 2018 | $68.4B | +24.8% |
| 2019 | $83.6B | +22.2% |
| 2020 | $64.2B | −23.2% |
| 2021 | $118.0B | +83.8% |
| 2022 | $37.4B | −68.3% |
| 2023 | $32.8B | −12.3% |
| 2024 | $28.6B | −12.8% |
| 2025 | $30.1B | +5.2% |