Stocks · Technology · Radio & Tv Broadcasting & Communications Equipment

ERICSSON LM TELEPHONE CO

ERIC Clue Score61
Sweden Fiscal year ends December CIK 0000717826
$9.56 +0.58% Close, 9 Oct 2026
Price $9.56 −19.71% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue220.32Operating income5.19Net income0.83EPS, diluted0.25Fiscal year 2017Revenue205.38 −6.8%Operating income−34.74Net income−32.58 −4,010.7%EPS, diluted−9.94 −4,076.0%Fiscal year 2018Revenue210.84 +2.7%Operating income1.24Net income−6.53EPS, diluted−1.98Fiscal year 2019Revenue227.22 +7.8%Operating income10.56Net income2.22EPS, diluted0.67Fiscal year 2020Revenue232.39 +2.3%Operating income27.81Net income17.48 +686.5%EPS, diluted5.26 +685.1%Fiscal year 2021Revenue232.31 −0.0%Operating income31.78Net income22.69 +29.8%EPS, diluted6.81 +29.5%Fiscal year 2022Revenue271.55 +16.9%Operating income27.02Net income18.72 −17.5%EPS, diluted5.62 −17.5%Fiscal year 2023Revenue263.35 −3.0%Operating income−20.33Net income−26.45 −241.2%EPS, diluted−7.94 −241.3%Fiscal year 2024Revenue247.88 −5.9%Operating income4.31Net income0.02EPS, diluted0.01Fiscal year 2025Revenue236.68 −4.5%Operating income38.63Net income28.43 +142,040.0%EPS, diluted8.51 +85,000.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 220.32 205.38 210.84 227.22 232.39 232.31 271.55 263.35 247.88 236.68
Growth −6.8% +2.7% +7.8% +2.3% −0.0% +16.9% −3.0% −5.9% −4.5%
Operating income 5.19 −34.74 1.24 10.56 27.81 31.78 27.02 −20.33 4.31 38.63
Net income 0.83 −32.58 −6.53 2.22 17.48 22.69 18.72 −26.45 0.02 28.43
Growth −4,010.7% +686.5% +29.8% −17.5% −241.2% +142,040.0%
EPS, diluted 0.25 −9.94 −1.98 0.67 5.26 6.81 5.62 −7.94 0.01 8.51
Growth −4,076.0% +685.1% +29.5% −17.5% −241.3% +85,000.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin29.6%Operating margin2.4%Net margin0.4%Free cash flow margin3.6%Fiscal year 2017Gross margin23.3%Operating margin−16.9%Net margin−15.9%Free cash flow margin2.8%Fiscal year 2018Gross margin32.3%Operating margin0.6%Net margin−3.1%Free cash flow margin2.5%Fiscal year 2019Gross margin37.3%Operating margin4.6%Net margin1.0%Free cash flow margin5.2%Fiscal year 2020Gross margin40.3%Operating margin12.0%Net margin7.5%Free cash flow margin10.5%Fiscal year 2021Gross margin43.4%Operating margin13.7%Net margin9.8%Free cash flow margin15.2%Fiscal year 2022Gross margin41.7%Operating margin10.0%Net margin6.9%Free cash flow margin9.7%Fiscal year 2023Gross margin38.6%Operating margin−7.7%Net margin−10.0%Free cash flow margin1.5%Fiscal year 2024Gross margin44.1%Operating margin1.7%Net margin0.0%Free cash flow margin17.7%Fiscal year 2025Gross margin47.6%Operating margin16.3%Net margin12.0%Free cash flow margin12.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 29.6% 23.3% 32.3% 37.3% 40.3% 43.4% 41.7% 38.6% 44.1% 47.6%
Operating margin 2.4% −16.9% 0.6% 4.6% 12.0% 13.7% 10.0% −7.7% 1.7% 16.3%
Net margin 0.4% −15.9% −3.1% 1.0% 7.5% 9.8% 6.9% −10.0% 0.0% 12.0%
Free cash flow margin 3.6% 2.8% 2.5% 5.2% 10.5% 15.2% 9.7% 1.5% 17.7% 12.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow14.01Capital expenditure−6.13Free cash flow7.88Dividends paid−12.26Fiscal year 2017Operating cash flow9.60Capital expenditure−3.88Free cash flow5.72 −27.4%Dividends paid−3.42Fiscal year 2018Operating cash flow9.34Capital expenditure−3.98Free cash flow5.37 −6.2%Dividends paid−3.43Fiscal year 2019Operating cash flow16.87Capital expenditure−5.12Free cash flow11.76 +119.0%Dividends paid−4.45Fiscal year 2020Operating cash flow28.93Capital expenditure−4.49Free cash flow24.44 +107.9%Dividends paid−6.00Fiscal year 2021Operating cash flow39.07Capital expenditure−3.66Free cash flow35.40 +44.9%Dividends paid−6.89Fiscal year 2022Operating cash flow30.86Capital expenditure−4.48Free cash flow26.39 −25.5%Dividends paid−8.42Fiscal year 2023Operating cash flow7.18Capital expenditure−3.30Free cash flow3.88 −85.3%Dividends paid−9.10Fiscal year 2024Operating cash flow46.26Capital expenditure−2.34Free cash flow43.92 +1,032.0%Dividends paid−9.23Fiscal year 2025Operating cash flow32.95Capital expenditure−2.63Free cash flow30.32 −31.0%Dividends paid−9.55
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 14.01 9.60 9.34 16.87 28.93 39.07 30.86 7.18 46.26 32.95
Capital expenditure −6.13 −3.88 −3.98 −5.12 −4.49 −3.66 −4.48 −3.30 −2.34 −2.63
Free cash flow 7.88 5.72 5.37 11.76 24.44 35.40 26.39 3.88 43.92 30.32
Growth −27.4% −6.2% +119.0% +107.9% +44.9% −25.5% −85.3% +1,032.0% −31.0%
Dividends paid −12.26 −3.42 −3.43 −4.45 −6.00 −6.89 −8.42 −9.10 −9.23 −9.55

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash36.97Total debt23.61Net cash (debt)13.36Shareholders’ equity134.58Debt to equity0.18Fiscal year 2017Cash35.88Total debt30.59Net cash (debt)5.30Shareholders’ equity96.94Debt to equity0.32Fiscal year 2018Cash38.39Total debt30.94Net cash (debt)7.45Shareholders’ equity86.98Debt to equity0.36Fiscal year 2019Cash45.08Total debt36.20Net cash (debt)8.88Shareholders’ equity82.56Debt to equity0.44Fiscal year 2020Cash43.61Total debt27.49Net cash (debt)16.13Shareholders’ equity86.67Debt to equity0.32Fiscal year 2021Cash54.05Total debt31.70Net cash (debt)22.35Shareholders’ equity108.78Debt to equity0.29Fiscal year 2022Cash38.35Total debt29.81Net cash (debt)8.54Shareholders’ equity134.81Debt to equity0.22Fiscal year 2023Cash35.19Total debt38.21Net cash (debt)−3.02Shareholders’ equity98.67Debt to equity0.39Fiscal year 2024Cash43.89Total debt35.86Net cash (debt)8.03Shareholders’ equity94.28Debt to equity0.38Fiscal year 2025Cash43.93Total debt29.68Net cash (debt)14.24Shareholders’ equity109.54Debt to equity0.27
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 36.97 35.88 38.39 45.08 43.61 54.05 38.35 35.19 43.89 43.93
Total debt 23.61 30.59 30.94 36.20 27.49 31.70 29.81 38.21 35.86 29.68
Net cash (debt) 13.36 5.30 7.45 8.88 16.13 22.35 8.54 −3.02 8.03 14.24
Shareholders’ equity 134.58 96.94 86.98 82.56 86.67 108.78 134.81 98.67 94.28 109.54
Debt to equity 0.18 0.32 0.36 0.44 0.32 0.29 0.22 0.39 0.38 0.27

In billions of SEK, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of SEK, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
220.32 205.38 210.84 227.22 232.39 232.31 271.55 263.35 247.88 236.68
Growth −6.8% +2.7% +7.8% +2.3% −0.0% +16.9% −3.0% −5.9% −4.5%
155.06 157.45 142.64 142.39 138.67 131.57 158.25 161.75 138.52 124.01
65.25 47.93 68.20 84.82 93.72 100.75 113.30 101.60 109.37 112.67
Growth −26.6% +42.3% +24.4% +10.5% +7.5% +12.5% −10.3% +7.6% +3.0%
31.63 37.89 38.91 38.82 39.71 42.07 47.30 50.66 53.51 48.85
28.32 29.03 27.52 26.14 26.68 26.96 35.69 39.26 51.66 33.69
5.19 −34.74 1.24 10.56 27.81 31.78 27.02 −20.33 4.31 38.63
Growth −769.8% +750.6% +163.2% +14.3% −15.0% −175.2% +795.8%
2.89 −35.96 −1.46 8.76 27.21 29.25 24.61 −23.32 2.59 38.30
1.88 −3.53 4.81 6.92 9.59 6.27 5.50 2.79 2.22 9.59
0.83 −32.58 −6.53 2.22 17.48 22.69 18.72 −26.45 0.02 28.43
Growth −4,010.7% +686.5% +29.8% −17.5% −241.2% +142,040.0%
Per share
0.26 −9.94 −1.98 0.67 5.26 6.82 5.62 −7.94 0.01 8.53
0.25 −9.94 −1.98 0.67 5.26 6.81 5.62 −7.94 0.01 8.51
Growth −4,076.0% +685.1% +29.5% −17.5% −241.3% +85,000.0%
3,263 3,277 3,291 3,306 3,323 3,329 3,330 3,330 3,332 3,333
3,303 3,277 3,291 3,320 3,326 3,332 3,334 3,330 3,339 3,342
Growth −0.8% +0.4% +0.9% +0.2% +0.2% +0.1% −0.1% +0.3% +0.1%

Shown in SEK as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 0.4% a year over five years, and earnings per share grew 10.1% a year.
  • The share count barely moved in five years.
  • Operating margin is up 4.4 points on five years ago, at 16.3%.
  • A net loss in 3 of 10 years on file.