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V

Volvo VOLV B.ST · SEK

Industrials · Nasdaq Stockholm · 🇸🇪 Sweden

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316.30

+1.12%

Close of 9 Nov 2026, in SEK

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At a glance

Figures in SEK, from our data supplier.

FY2025

Revenue

SEK 479.18bn

FY2016FY2025

Net income

SEK 34.46bn

FY2016FY2025

Free cash flow

SEK 27.25bn

FY2016FY2025

Shareholders' equity

SEK 178.40bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueSEK 479.18bnSEK 526.82bnSEK 552.76bnSEK 473.48bnSEK 372.22bnSEK 338.45bnSEK 431.98bnSEK 390.83bnSEK 334.75bnSEK 301.91bn
Gross profitSEK 116.67bnSEK 144.05bnSEK 149.32bnSEK 107.80bnSEK 89.75bnSEK 79.13bnSEK 105.08bnSEK 87.36bnSEK 80.17bnSEK 70.31bn
Research and developmentSEK 26.24bnSEK 30.96bnSEK 26.64bnSEK 22.53bnSEK 18.03bnSEK 16.80bnSEK 18.54bnSEK 15.90bnSEK 16.10bnSEK 14.63bn
Operating incomeSEK 48.31bnSEK 66.61bnSEK 66.78bnSEK 45.71bnSEK 43.86bnSEK 27.48bnSEK 49.53bnSEK 34.48bnSEK 30.33bnSEK 20.83bn
Net incomeSEK 34.46bnSEK 50.39bnSEK 49.83bnSEK 32.72bnSEK 32.79bnSEK 19.32bnSEK 35.86bnSEK 24.90bnSEK 20.98bnSEK 13.15bn
Diluted earnings per share16.9524.7924.5116.0916.139.5017.6412.2510.336.47

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsSEK 648.59bnSEK 714.56bnSEK 674.07bnSEK 629.06bnSEK 515.86bnSEK 510.82bnSEK 524.84bnSEK 474.66bnSEK 412.49bnSEK 398.92bn
Cash and short-term investmentsSEK 73.50bnSEK 73.49bnSEK 73.61bnSEK 67.18bnSEK 50.79bnSEK 71.92bnSEK 50.16bnSEK 39.59bnSEK 36.27bnSEK 25.17bn
Total liabilitiesSEK 470.11bnSEK 517.20bnSEK 493.33bnSEK 462.83bnSEK 371.74bnSEK 362.68bnSEK 383.16bnSEK 348.83bnSEK 303.48bnSEK 301.15bn
DebtSEK 247.00bnSEK 258.85bnSEK 233.51bnSEK 205.05bnSEK 151.45bnSEK 152.78bnSEK 155.86bnSEK 134.68bnSEK 127.22bnSEK 140.33bn
Shareholders' equitySEK 178.40bnSEK 194.05bnSEK 177.79bnSEK 162.72bnSEK 141.04bnSEK 145.29bnSEK 138.59bnSEK 123.38bnSEK 107.07bnSEK 96.06bn
Shares outstanding2,033m2,033m2,033m2,033m2,033m2,033m2,033m2,032m2,032m2,031m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsSEK 45.59bnSEK 46.44bnSEK 21.40bnSEK 33.24bnSEK 33.65bnSEK 30.61bnSEK 39.05bnSEK 31.19bnSEK 37.60bnSEK 17.56bn
Capital spending−SEK 18.34bn−SEK 18.39bn−SEK 13.12bn−SEK 25.85bn−SEK 21.84bn−SEK 17.32bn−SEK 22.01bn−SEK 20.87bn−SEK 19.23bn−SEK 20.34bn
Free cash flowSEK 27.25bnSEK 28.06bnSEK 8.28bnSEK 7.40bnSEK 11.81bnSEK 13.29bnSEK 17.04bnSEK 10.32bnSEK 18.36bn−SEK 2.78bn
Dividends paid−SEK 37.62bn−SEK 36.60bn−SEK 28.47bn−SEK 26.43bn−SEK 49.82bn−SEK 12.20bn−SEK 20.34bn−SEK 8.64bn−SEK 6.60bn−SEK 6.09bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueSEK 126.27bnSEK 110.77bnSEK 123.80bnSEK 110.69bnSEK 122.90bnSEK 121.79bnSEK 138.41bnSEK 116.98bn
Gross profitSEK 32.45bnSEK 28.72bnSEK 30.83bnSEK 27.48bnSEK 27.64bnSEK 30.93bnSEK 35.27bnSEK 32.01bn
Operating incomeSEK 13.34bnSEK 10.95bnSEK 13.66bnSEK 12.52bnSEK 9.96bnSEK 13.26bnSEK 14.04bnSEK 14.07bn
Net incomeSEK 10.37bnSEK 8.31bnSEK 9.61bnSEK 7.54bnSEK 7.41bnSEK 9.89bnSEK 10.74bnSEK 10.02bn
Diluted earnings per share5.104.094.733.713.654.865.284.93
Cash from operationsSEK 6.21bnSEK 10.63bnSEK 24.18bnSEK 8.81bnSEK 6.15bnSEK 6.46bnSEK 20.83bnSEK 9.29bn
Capital spending−SEK 5.92bn−SEK 6.29bn−SEK 8.47bn−SEK 5.87bn−SEK 5.76bn−SEK 6.03bn−SEK 7.03bn−SEK 4.22bn
Free cash flowSEK 290.0mSEK 4.35bnSEK 15.71bnSEK 2.94bnSEK 385.0mSEK 431.0mSEK 13.80bnSEK 5.07bn
Total assetsSEK 678.69bnSEK 682.48bnSEK 648.59bnSEK 644.98bnSEK 677.60bnSEK 687.67bnSEK 714.56bnSEK 672.33bn
Cash and short-term investmentsSEK 47.07bnSEK 72.57bnSEK 73.50bnSEK 57.12bnSEK 61.63bnSEK 90.90bnSEK 85.39bnSEK 68.73bn
DebtSEK 260.36bnSEK 257.63bnSEK 248.06bnSEK 250.90bnSEK 265.59bnSEK 254.39bnSEK 263.72bnSEK 250.23bn
Shareholders' equitySEK 176.57bnSEK 190.67bnSEK 178.40bnSEK 171.80bnSEK 163.91bnSEK 196.07bnSEK 194.05bnSEK 179.21bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.4%7.2%4.4%
Operating income1.9%11.9%7.6%
Net income1.7%12.3%8.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin25.9%25.5%25.0%24.4%
Operating margin11.4%11.2%10.9%10.1%
Net margin8.4%8.2%8.0%7.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings17.510.810.711.713.020.48.99.514.816.4
Price to sales1.31.01.00.81.11.20.70.60.90.7

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 9 Apr 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2019FY2018
Paid in the year4.5010.5010.507.006.5018.505.004.25
  • 5.2-for-1 split · 26 Apr 2007
  • 5-for-1 split · 10 Aug 1994

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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