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) Return on invested capital

Alert me on Return on invested capital

Ericsson's return on invested capital over the twelve months to 30 September 2026 was 19.1%, down 8.8 percentage points from fiscal 2025 (28.0%). Over the past ten years it has ranged from −26.3% (fiscal 2017) to 28.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Communication Equipment industry median of 1.29% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 28.0% 24.36
FY2024 3.61% 16.38
FY2023 −12.8% (26.94)
FY2022 14.2% (13.44)
FY2021 27.6% 0.83
FY2020 26.8% 17.03
FY2019 9.75% 8.73
FY2018 1.02% 27.31
FY2017 −26.3% (29.66)
FY2016 3.37% (9.46)

Against its own ten years

Low −26.3% High 28.0%
Ten-year median 9.75%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
UI Ubiquiti Inc. compare 89.4%
ERIC Ericsson 19.1%
MSI Motorola Solutions, Inc. compare 16.4%
LITE Lumentum Holdings Inc. compare 13.7%
CIEN Ciena Corporation compare 12.6%
ZBRA Zebra Technologies Corporation compare 9.57%
HPE Hewlett Packard Enterprise Company compare 4.31%
NOK Nokia Corporation compare 2.67%
ASTS AST SpaceMobile, Inc. compare −12.2%
Communication Equipment industry median 1.29%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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