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. In the quarter to June 2026, revenue fell 3.14%, EPS fell 7.14%, free cash flow fell 89.2% and total debt fell 12.8%, each against the same quarter a year earlier.
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Ericsson (ERIC) P/E ratio
As of 9 October 2026, Ericsson (ERIC) trades at a P/E ratio of 12.3×. Over the past ten years it has ranged from 0.0× (March 2025) to 968× (July 2019); the current reading is higher than 46% of that period. That is below the Communication Equipment industry median of 35.3× and below the Technology sector median of 30.1×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 11.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 10.8× | (22.50%) |
| FY2021 | 13.9× | (31.20%) |
| FY2020 | 20.3× | (83.85%) |
| FY2019 | 125× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 82.6× | 329.61% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 14.3× | 0.20% |
| Mar 2026 | 14.3× | 30.09% |
| Dec 2025 | 11.0× | (1.88%) |
| Sep 2025 | 11.2× | (34.11%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ASTS AST SpaceMobile, Inc. compare | n/m |
| VSAT Viasat Inc. compare | n/m |
| VIAV Viavi Solutions Inc. compare | n/m |
| NOK Nokia Corporation compare | 5.6× |
| ERIC Ericsson | 12.3× |
| MSI Motorola Solutions, Inc. compare | 34.6× |
| ZBRA Zebra Technologies Corporation compare | 35.2× |
| UI Ubiquiti Inc. compare | 41.4× |
| CIEN Ciena Corporation compare | 97.4× |
| Communication Equipment industry median | 35.3× |
| Technology sector median | 30.1× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)