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

Ericsson (ERIC) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Ericsson (ERIC) trades at a EV/EBITDA of 8.8×. Over the past ten years it has ranged from 0.0× (December 2024) to 68.0× (June 2017); the current reading is higher than 59% of that period. That is below the Communication Equipment industry median of 14.0× and below the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 6.1× (66.39%)
FY2024 18.2× —
FY2023 0.0× —
FY2022 4.9× (26.90%)
FY2021 6.8× (28.75%)
FY2020 9.5× (28.61%)
FY2019 13.3× (50.39%)
FY2018 26.8× —
FY2017 0.0× —
FY2016 9.1× 30.92%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 7.6× (4.62%)
Jun 2026 7.9× 2.97%
Mar 2026 7.7× 26.11%
Dec 2025 6.1× (28.52%)
43 more quarters

Against its own ten years

Low 0.0× High 68.0×
Ten-year median 7.1×
Current reading's percentile 59

EV/EBITDA against peers

Company EV/EBITDA
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson 8.8×
HPE Hewlett Packard Enterprise Company compare 9.2×
ZBRA Zebra Technologies Corporation compare 14.9×
NOK Nokia Corporation compare 19.6×
UI Ubiquiti Inc. compare 25.7×
MSI Motorola Solutions, Inc. compare 26.1×
CIEN Ciena Corporation compare 37.0×
LITE Lumentum Holdings Inc. compare 40.7×
Communication Equipment industry median 14.0×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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