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

10.24 0.20 −1.92%
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) Price to free cash flow

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As of 5 November 2026, Ericsson (ERIC) trades at a price to free cash flow of 12.0×. Over the past ten years it has ranged from 0.0× (December 2015) to 118× (January 2024); the current reading is higher than 38% of that period. That is below the Communication Equipment industry median of 21.7× and below the Technology sector median of 18.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 10.7× 61.27%
FY2024 6.6× (94.33%)
FY2023 117× 1,361.45%
FY2022 8.0× (10.80%)
FY2021 9.0× (41.14%)
FY2020 15.3× (39.08%)
FY2019 25.0× (52.83%)
FY2018 53.1× 50.70%
FY2017 35.2× (15.26%)
FY2016 41.6× 62.16%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 10.5× (12.48%)
Jun 2026 12.0× 9.39%
Mar 2026 11.0× 2.22%
Dec 2025 10.7× 16.62%
43 more quarters

Against its own ten years

Low 0.0× High 118×
Ten-year median 16.4×
Current reading's percentile 38

Price to free cash flow against peers

Company Price to free cash flow
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson 12.0×
HPE Hewlett Packard Enterprise Company compare 13.1×
ZBRA Zebra Technologies Corporation compare 15.5×
MSI Motorola Solutions, Inc. compare 33.7×
UI Ubiquiti Inc. compare 34.3×
CIEN Ciena Corporation compare 40.8×
LITE Lumentum Holdings Inc. compare 118×
NOK Nokia Corporation compare 3,933×
Communication Equipment industry median 21.7×
Technology sector median 18.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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