ESS Tech Inc (NYSE:GWH) — Market Cap & Net Worth
Market Cap & Net Worth: ESS Tech Inc (GWH)
ESS Tech Inc (NYSE:GWH) has a market capitalization of $33.71 Million ($33.71 Million) as of May 2, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #23324 globally and #4847 in its home market, demonstrating a -3.51% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying ESS Tech Inc's stock price $1.10 by its total outstanding shares 30647591 (30.65 Million). Analyse ESS Tech Inc (GWH) cash conversion ratio to see how efficiently the company converts income to cash.
ESS Tech Inc Market Cap History: 2020 to 2026
ESS Tech Inc's market capitalization history from 2020 to 2026. Data shows change from $4.63 Billion to $33.71 Million (-59.55% CAGR).
ESS Tech Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how ESS Tech Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
36.40x
ESS Tech Inc's market cap is 36.40 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $5.26 Billion | $686.00K | -$477.12 Million | 7666.37x | N/A |
| 2022 | $1.12 Billion | $894.00K | -$77.97 Million | 1249.56x | N/A |
| 2023 | $524.07 Million | $7.54 Million | -$77.58 Million | 69.51x | N/A |
| 2024 | $180.21 Million | $6.29 Million | -$86.22 Million | 28.63x | N/A |
| 2025 | $57.62 Million | $1.58 Million | -$63.44 Million | 36.40x | N/A |
Competitor Companies of GWH by Market Capitalization
Companies near ESS Tech Inc in the global market cap rankings as of May 2, 2026.
Key companies related to ESS Tech Inc by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #59 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #286 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #59 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.44 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #286 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $328.31 |
ESS Tech Inc Historical Marketcap From 2020 to 2026
Between 2020 and today, ESS Tech Inc's market cap moved from $4.63 Billion to $ 33.71 Million, with a yearly change of -59.55%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $33.71 Million | -41.49% |
| 2025 | $57.62 Million | -68.03% |
| 2024 | $180.21 Million | -65.61% |
| 2023 | $524.07 Million | -53.09% |
| 2022 | $1.12 Billion | -78.76% |
| 2021 | $5.26 Billion | +13.49% |
| 2020 | $4.63 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of ESS Tech Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $33.71 Million USD |
| MoneyControl | $33.71 Million USD |
| MarketWatch | $33.71 Million USD |
| marketcap.company | $33.71 Million USD |
| Reuters | $33.71 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About ESS Tech Inc
ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; Energy Center, which is designed to allow customers to connect multiple units in various configurations and supporting energy storage projects rang… Read more