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Friday 6 November 2026 Export ERIC’s income statement to Excel — free account

Ericsson

ERIC Technology Communication Equipment

Ericsson’s revenue for fiscal 2025 (year ended December 2025) was $24.2 billion, up 3.15% from fiscal 2024.

Revenue
+4.35%
EPS
−48.6%
Free cash flow
−30.0%
Total debt
+0.61%

Quarter to September 2026, against a year earlier

10.28 0.16 −1.53%
Market cap
$31.3B
P/E
17.2×
Fwd P/E
—
Dividend yield
3.04%
F-score
8/9
Altman Z
2.89
Beneish M
−2.53
Dividend safety
70/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Ericsson (ERIC) Debt to equity

Alert me on Debt to equity

Ericsson's debt to equity at the end of the quarter to 30 September 2026 was 0.3×, up 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.2× (fiscal 2015) to 0.5× (fiscal 2023); the current reading is higher than 36% of that period. That is above the Communication Equipment industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.3× (27.50%)
FY2024 0.4× (14.98%)
FY2023 0.5× 94.82%
FY2022 0.2× (16.89%)
FY2021 0.3× (16.07%)
FY2020 0.4× (23.09%)
FY2019 0.5× 21.99%
FY2018 0.4× 14.40%
FY2017 0.3× 73.72%
FY2016 0.2× 11.38%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.3× 11.56%
Jun 2026 0.3× (1.38%)
Mar 2026 0.3× 2.66%
Dec 2025 0.3× (16.83%)
43 more quarters

Against its own ten years

Low 0.2× High 0.5×
Ten-year median 0.3×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
UI Ubiquiti Inc. compare 0.0×
NOK Nokia Corporation compare 0.1×
LITE Lumentum Holdings Inc. compare 0.3×
ERIC Ericsson 0.3×
HPE Hewlett Packard Enterprise Company compare 0.7×
ZBRA Zebra Technologies Corporation compare 0.7×
CIEN Ciena Corporation compare 1.1×
ASTS AST SpaceMobile, Inc. compare 1.2×
MSI Motorola Solutions, Inc. compare 3.0×
Communication Equipment industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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