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Telefonaktiebolaget L M Ericsson (ERIC)

Market Price (9/18/2025): $8.0 | Market Cap: $26.7 Bil
Sector: Information Technology | Industry: Communications Equipment

Telefonaktiebolaget L M Ericsson (ERIC)

Market Price (9/18/2025): $8.0
Market Cap: $26.7 Bil
Sector: Information Technology
Industry: Communications Equipment

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 65%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 60%, FCF Yield is 138%		 Weak multi-year price returns
3Y Excs Rtn is -39%		 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7%, Rev Chg QQuarterly Revenue Change % is -6.2%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 40 Bil, FCF LTM is 37 Bil		  
2 Low stock price volatility
Vol 12M is 33%		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 65%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 60%, FCF Yield is 138%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 40 Bil, FCF LTM is 37 Bil
2 Low stock price volatility
Vol 12M is 33%
3 Weak multi-year price returns
3Y Excs Rtn is -39%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7%, Rev Chg QQuarterly Revenue Change % is -6.2%

Market Valuation

 9/18/252024202320222021
Share Price CYE$8.00$7.93$5.95$5.25$9.45
Market Cap CYE ($ Bil)26.726.419.817.531.5
Total Debt ($ Bil)43.845.554.342.241.1
Total Cash ($ Bil)42.360.850.352.069.7
Enterprise Value ($ Bil)28.171.974.159.772.6
Valuation Ratios     
P/S TTM0.10.10.10.10.2
P/EBIT TTM0.94.4-1.10.71.2
P/E TTM1.51342.8-0.81.01.6
Sector Ratios     
P/S TTM (Sector)3.23.12.82.55.0
P/EBIT TTM (Sector)3.9-0.0-0.1-0.51.7
P/E TTM (Sector)-0.4-0.3-0.4-0.50.0
 9/18/2520242023
Share Price CYE$8.00$7.93$5.95
Market Cap CYE ($ Bil)26.726.419.8
Total Debt ($ Bil)43.845.554.3
Total Cash ($ Bil)42.360.850.3
Enterprise Value ($ Bil)28.171.974.1
Valuation Ratios   
P/S TTM0.10.10.1
P/EBIT TTM0.94.4-1.1
P/E TTM1.51342.8-0.8
Sector Ratios   
P/S TTM (Sector)3.23.12.8
P/EBIT TTM (Sector)3.9-0.0-0.1
P/E TTM (Sector)-0.4-0.3-0.4

Market Cap Chart

Business Description

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
ERIC Return38%-7%-44%13%33%1%8%
Peers Return24%51%-19%21%68%32%308%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: MSI, FFIV, CSCO, ANET, UI. See ERIC Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Interactive Breakdown

Telefonaktiebolaget L M Ericsson Interactive Breakdown Analysis

Better Bets than Telefonaktiebolaget L M Ericsson (ERIC)

 ERICBetter Performance than ERIC
MetricValueIndustry (Communications Equipment)
Rev Chg LTM-1.5%CSCO (5.3%), ANET (26.0%), MSI (6.4%), UI (33.4%), NOK (1.1%)
Rev Chg 3Y Avg0.7%CSCO (3.4%), ANET (32.1%), MSI (9.5%), UI (15.8%), CIEN (7.4%)
Op Mgn LTM11.2%CSCO (22.1%), ANET (43.1%), MSI (25.1%), UI (32.5%), FFIV (25.2%)
CFO/Rev LTM16.4%CSCO (25.1%), ANET (50.9%), MSI (23.5%), UI (24.9%), CIEN (17.3%)
FCF/Rev LTM15.0%CSCO (23.5%), ANET (50.0%), MSI (21.5%), UI (24.4%), FFIV (31.6%)
Total Yield64.9%
 ERICBetter Performance than ERIC
MetricValueAll Other Sectors
Rev Chg LTM-1.5%GOOGL (13.1%), AMZN (10.9%), META (19.4%), BRK-B (-1.4%), JPM (8.2%)
Rev Chg 3Y Avg0.7%GOOGL (10.2%), AMZN (11.3%), META (13.0%), TSLA (12.9%), BRK-B (16.6%)
Op Mgn LTM11.2%GOOGL (32.7%), AMZN (11.4%), META (42.9%), LLY (43.0%), V (66.5%)
CFO/Rev LTM16.4%GOOGL (36.0%), AMZN (18.1%), META (56.4%), TSLA (17.0%), LLY (20.5%)
FCF/Rev LTM15.0%GOOGL (18.0%), META (30.7%), V (56.8%), MA (49.2%), NFLX (20.4%)
Total Yield64.9%TM (2077.1%), HMC (1977.6%), JBS (78.6%), XP (66.1%), RNW (304.9%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Will You Be Comfortable Buying Telefonaktiebolaget L M Ericsson Stock?Return 
2ERIC Dip Buy Analysis  
3Should You Buy Telefonaktiebolaget L M Ericsson Stock?Buy or Fear 
4Telefonaktiebolaget L M Ericsson (ERIC) Valuation Ratios ComparisonFinancials 
5Telefonaktiebolaget L M Ericsson Total Shareholder Return (TSR): 33.3% in 2024 and -5.7% 3-yr compounded annual returns (below peer average)  
6Telefonaktiebolaget L M Ericsson (ERIC) Operating Cash Flow ComparisonFinancials 
7Telefonaktiebolaget L M Ericsson (ERIC) Net Income ComparisonFinancials 
8Telefonaktiebolaget L M Ericsson (ERIC) Operating Income ComparisonFinancials 
9Telefonaktiebolaget L M Ericsson (ERIC) Revenue ComparisonFinancials 
10Ericsson (ERIC) worth $15 Bil (down $-2.2 Bil), still more valuable than SolarEdge TechnologiesNotification 
11ARTICLES  
12ERIC Fell 15% In A Month. What To Do Now?. July 31st, 2025
13Why Ericsson Stock Dropped Despite Beating Earnings Expectations? July 17th, 2025
14ERIC Down 10% In A Week. What Happened Next Before? July 17th, 2025
15What’s Next For Ericsson’s Stock Post Q1 Results? April 17th, 2025
16What’s Happening With Ericsson’s Stock? December 31st, 2024
Title
0DASHBOARDS
1ERIC Fell 15% In A Month. What To Do Now?.
2Why Ericsson Stock Dropped Despite Beating Earnings Expectations?
3ERIC Down 10% In A Week. What Happened Next Before?
4What’s Next For Ericsson’s Stock Post Q1 Results?
5What’s Happening With Ericsson’s Stock?
6ARTICLES
7Will You Be Comfortable Buying Telefonaktiebolaget L M Ericsson Stock?
8ERIC Dip Buy Analysis
9Should You Buy Telefonaktiebolaget L M Ericsson Stock?
10Telefonaktiebolaget L M Ericsson (ERIC) Valuation Ratios Comparison
11Telefonaktiebolaget L M Ericsson Total Shareholder Return (TSR): 33.3% in 2024 and -5.7% 3-yr compounded annual returns (below peer average)
12Telefonaktiebolaget L M Ericsson (ERIC) Operating Cash Flow Comparison
13Telefonaktiebolaget L M Ericsson (ERIC) Net Income Comparison
14Telefonaktiebolaget L M Ericsson (ERIC) Operating Income Comparison
15Telefonaktiebolaget L M Ericsson (ERIC) Revenue Comparison
16Ericsson (ERIC) worth $15 Bil (down $-2.2 Bil), still more valuable than SolarEdge Technologies

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
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4ATHAAthira Pharma892.1%544.3%
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6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
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10RBNERobin Energy-42.6% 

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10BCTXBriaCell Therapeutics1032.4%-89.8%

1 Month Top Losers

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3ELPWElong Power-91.1%-76.9%
4NXTTNext Technology-90.1%-95.4%
5EPIXESSA Pharma-89.4%-8.9%
6NAKAKindly MD-88.1% 
7BINIBollinger Innovations-87.6%-100.0%
8JEM707 Cayman-87.4%-98.2%
9YAASYouxin Technology-83.3%-98.4%
10NEONNeonode-82.5%-51.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Telefonaktiebolaget L M Ericsson

Financials

ERICMSIFFIVCSCOANETUIMedian
NameTelefona.Motorola.F5 Cisco Sy.Arista N.Ubiquiti  
Mkt Price8.00477.85323.8167.72142.84607.54233.32
Mkt Cap26.779.718.7268.2179.436.758.2
Rev LTM245,86411,0943,02556,6547,9512,5749,522
Op Inc LTM27,6122,78576312,5043,4308363,107
FCF LTM36,8342,38495513,2883,9756273,180
FCF 3Y Avg23,9522,04774114,1782,5403302,293
CFO LTM40,4182,61298814,1934,0476403,330
CFO 3Y Avg28,8312,29378114,9862,5863452,440

Growth & Margins

ERICMSIFFIVCSCOANETUIMedian
NameTelefona.Motorola.F5 Cisco Sy.Arista N.Ubiquiti  
Rev Chg LTM-1.5%6.4%8.9%5.3%26.0%33.4%7.7%
Rev Chg 3Y Avg0.7%9.5%4.2%3.4%32.1%15.8%6.9%
Rev Chg Q-6.2%5.2%12.2%7.6%30.4%49.6%9.9%
QoQ Delta Rev Chg LTM-1.5%1.3%2.9%1.9%6.9%10.8%2.4%
Op Mgn LTM11.2%25.1%25.2%22.1%43.1%32.5%25.2%
Op Mgn 3Y Avg6.2%23.8%21.8%24.5%40.2%28.8%24.1%
QoQ Delta Op Mgn LTM7.0%0.1%0.4%0.3%0.9%1.8%0.6%
CFO/Rev LTM16.4%23.5%32.7%25.1%50.9%24.9%25.0%
CFO/Rev 3Y Avg11.4%21.9%27.1%26.7%37.6%15.2%24.3%
FCF/Rev LTM15.0%21.5%31.6%23.5%50.0%24.4%23.9%
FCF/Rev 3Y Avg9.5%19.6%25.7%25.3%36.9%14.4%22.4%

Valuation

ERICMSIFFIVCSCOANETUIMedian
NameTelefona.Motorola.F5 Cisco Sy.Arista N.Ubiquiti  
Mkt Cap26.779.718.7268.2179.436.758.2
P/S0.17.26.24.722.614.36.7
P/EBIT0.926.624.521.152.343.925.6
P/E1.537.728.026.355.251.632.9
P/CFO0.730.518.918.944.357.424.7
Total Yield64.9%3.5%3.6%6.2%1.8%2.3%3.5%
Dividend Yield0.0%0.9%0.0%2.4%0.0%0.4%0.2%
FCF Yield 3Y Avg102.2%3.3%6.3%6.4%2.5%2.3%4.8%
D/E1.60.10.00.10.00.00.1
Net D/E0.10.1-0.10.0-0.00.00.0

Returns

ERICMSIFFIVCSCOANETUIMedian
NameTelefona.Motorola.F5 Cisco Sy.Arista N.Ubiquiti  
1M Rtn4.0%3.8%2.4%1.2%3.5%50.1%3.7%
3M Rtn-4.0%18.3%13.0%2.9%58.3%61.5%15.7%
6M Rtn-1.0%13.2%19.8%11.5%69.2%90.3%16.5%
12M Rtn12.4%10.0%50.9%36.7%58.3%195.2%43.8%
3Y Rtn34.4%106.6%117.5%70.3%393.7%104.0%105.3%
1M Excs Rtn1.7%1.5%0.0%-1.2%1.1%47.8%1.3%
3M Excs Rtn-13.7%7.5%1.9%-6.7%49.0%50.1%4.7%
6M Excs Rtn-18.3%-3.7%4.7%-4.5%52.5%75.7%0.5%
12M Excs Rtn-6.4%-8.1%36.6%21.6%41.5%184.4%29.1%
3Y Excs Rtn-39.0%35.0%38.0%-1.7%297.4%40.0%36.5%

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date7/15/20254/16/20253/11/202510/15/20247/12/20244/17/20243/12/202410/17/20237/14/20234/21/20233/15/202310/20/2022
Key Financials Quarterly            
Total Revenue56,13255,02572,91361,79459,84853,32571,88164,47364,44462,55385,98068,040
Ebitda9,5299,4128,0028,5565,1647,3405,3426,2983,0246,08611,1379,646
Operating Income6,3705,8929,6815,669-10,6274,37137,750-28,817-553,1057,4507,048
Net Income4,5674,1494,7793,814-11,1322,5593,394-30,670-6861,5166,0665,214
EPS1.371.251.441.14-3.340.771.02-9.21-0.210.461.821.56
Key Financials TTM            
Total Revenue TTM245,864249,580247,880246,848249,527254,123263,351277,450281,017279,038271,546256,898
Ebitda TTM35,49931,13429,06226,40224,14422,00420,75026,54529,89336,09436,54837,601
Operating Income TTM27,61210,6159,09437,1632,67713,24911,983-18,31717,54824,93026,75630,213
Net Income TTM17,3091,61020-1,365-35,849-25,403-26,446-23,77412,11017,30018,72422,734
Growth Rates Quarterly            
Total Revenue Growth-6.2%3.2%1.4%-4.2%-7.1%-14.8%-16.4%-5.2%3.2%13.6%20.5%20.9%
EBITDA Growth84.5%28.2%49.8%35.9%70.8%20.6%-52.0%-34.7%-67.2%-6.9%-8.6%-14.9%
Operating Income Growth159.9%34.8%-74.4%119.7%-19221.8%40.8%406.7%-508.9%-100.8%-37.0%-31.7%-21.2%
Net Income Growth141.0%62.1%40.8%112.4%-1522.7%68.8%-44.0%-688.2%-115.2%-48.4%-39.8%-9.4%
Margins Quarterly            
EBITDA Margin17.0%17.1%11.0%13.8%8.6%13.8%7.4%9.8%4.7%9.7%13.0%14.2%
Operating Income Margin11.3%10.7%13.3%9.2%-17.8%8.2%52.5%-44.7%-0.1%5.0%8.7%10.4%
Net Income Margin8.1%7.5%6.6%6.2%-18.6%4.8%4.7%-47.6%-1.1%2.4%7.1%7.7%
Cash & Debt            
Total Cash42,28952,13360,76351,22947,16444,51350,34447,62237,85351,17652,04047,667
Total Debt43,75742,41845,53643,52247,92948,70154,32847,10642,53642,78042,23442,306
Net Debt / (Cash)1,468-9,715-15,227-7,7077654,1883,984-5164,683-8,396-9,806-5,361
Cash Flows Quarterly            
FCF from Operations4,1504,35817,51314,3979,2765,07514,4821,402-2,882-5,82519,8954,651
Cash Flows TTM            
FCF from Operations TTM40,41845,54446,26143,23030,23518,0777,17712,59015,83925,00830,86326,164
Returns to Shareholders Quarterly            
Dividends4,81004,51484,71104,50494,59104,17279
Share Repurchases-0-0-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC20.8%22.2%67.9%21.1%-39.8%11.1%200.9%-108.5%-0.1%7.7%62.8%17.2%
Return on Invested Capital (ROIC) TTM            
ROIC TTM21.9%5.7%3.6%47.1%3.2%11.7%23.0%-17.2%10.3%16.5%52.2%18.6%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Networks171,442193,468167,838165,978155,009
Cloud Software and Services63,63060,52456,224  
Enterprise25,74514,5975,513  
Other2,5342,9572,739  
Digital Services   37,32439,857
Emerging Business and Other   6,4886,785
Managed Services   22,60025,565
Total263,351271,546232,314232,390227,216


Price Behavior

ERIC Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta0.740.990.970.710.670.87
Up Beta1.981.891.650.710.670.87
Down Beta0.120.010.740.810.730.82
Up Capture98%23%32%49%53%60%
Bmk +ve Days10223571142415
Stock +ve Days11203161124379
Down Capture-37%161%134%76%75%99%
Bmk -ve Days11192754106334
Stock -ve Days7182860119347

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity26,159,849
Short Interest: % Change Since 81520254.6%
Average Daily Volume7,720,863
Days-to-Cover Short Interest3.39
Basic Shares Quantity3,333,000,000
Short % of Basic Shares0.8%

Returns Analyses

SEC Filings

Expand for More

Report DateFiling DateFiling
630202571520256-K 6/30/2025
331202541620256-K 3/31/2025
12312024311202520-F 12/31/2024
9302024101520246-K 9/30/2024
630202471220246-K 6/30/2024
331202441720246-K 3/31/2024
12312023312202420-F 12/31/2023
9302023101720236-K 9/30/2023
630202371420236-K 6/30/2023
331202342120236-K 3/31/2023
12312022315202320-F 12/31/2022
9302022102020226-K 9/30/2022
630202271420226-K 6/30/2022
331202241420226-K 3/31/2022
12312021325202220-F 12/31/2021
9302021101920216-K 9/30/2021

Insider Activity

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External Quote Links


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