Boliden AB

Boliden AB

BOL.ST
Boliden ABSE flagStockholm Stock Exchange
532.20
SEK
+4.60
- -
151.12BMarket Cap
Boliden AB
BOL.ST
(Stockholm Stock Exchange)

Recent

price

532.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
134.24
147.43
146.25
125.8
134.88
147.13
147.4
181.09
191.78
182.57
205.92
250.94
316.03
287.21
326.2
332.02
330.72
Revenue per Share
14.46
12.38
12.21
4.72
6.94
9.65
15.49
25.06
26.32
21.15
24.86
31.81
45.37
22.2
36.65
33.39
29.09
Basic EPS, GAAP
11.7
0.02
4.91
-5.36
8.4
9.46
10.99
26.11
20.58
2.25
18.12
26.16
23.29
-12.24
9.77
18.43
14.25
Free Cash Flow per Basic Share
3.01
5.01
4
4
1.75
2.25
3.25
5.25
14
13
7
14.25
26
26.5
7.5
- -
- -
Dividend per Share
47.63
54.55
62.78
63.5
68.69
76.1
88.34
108.14
120.45
128.61
146.46
164.02
183.39
179.06
208.25
235.12
- -
Book Value per Share
57.27
63.16
70.18
72.92
74.8
82.05
94.65
115.43
129.59
138.28
154.04
172.81
200.33
193.35
225.05
260.12
243.27
Tangible Book Value per Share
274
274
274
274
274
274
274
274
274
274
274
274
274
274
273
282
276
Basic Weighted Avg Shares
36,716
40,323
40,001
34,409
36,891
40,242
40,316
49,531
52,454
49,936
56,321
68,636
86,437
78,554
89,207
93,509
91,384
Sales/Revenue/Turnover
15.09
11.72
10.38
5.13
7.41
8.82
13.72
17.98
16.78
14.69
15.45
15.79
17.83
9.99
11.29
13.73
12.49
Operating Margin (%)
1,805
1,937
2,561
2,832
3,277
3,522
4,199
4,601
4,930
5,092
5,693
5,621
5,829
6,246
6,783
8,780
7,673
Depreciation Expense
3,955
3,387
3,339
1,291
1,898
2,640
4,237
6,854
7,198
5,786
6,799
8,701
12,410
6,073
10,022
9,404
8,038
Net Income, GAAP
25.77
25.68
16.31
18.22
23.15
21.31
21.12
21.53
17.82
21.1
21.54
19.7
20.45
20.08
20.14
20.94
20.73
Effective Tax Rate (%)
10.77
8.4
8.35
3.75
5.14
6.56
10.51
13.84
13.72
11.59
12.07
12.68
14.36
7.73
11.23
10.06
8.8
Profit Margin (%)
3,188
4,359
3,640
2,159
2,747
2,227
5,370
5,956
7,208
6,145
13,444
17,913
24,094
14,695
15,379
17,060
11,644
Working Capital
4,365
4,967
4,315
4,350
4,838
2,495
8,194
4,006
3,145
3,443
6,104
6,124
10,778
11,570
11,500
21,967
19,682
LT Debt
18,846
20,458
22,354
23,075
23,975
25,807
29,394
35,053
39,011
41,441
45,638
50,881
58,325
56,419
65,011
76,536
70,616
Total Equity
16.89
13.68
12.61
4.82
6.66
8.75
12.05
17.07
17.1
12.81
13.76
15.94
19.23
8.86
10.49
11.05
10.13
Return on Invested Capital (%)
25.16
18.23
15.95
5.88
7.88
10.52
14.44
20.35
20.69
15.46
16
18.07
22.53
10.79
16.07
12.83
38.42
Return on Capital (%)
38.05
24.24
20.81
7.48
10.5
13.33
18.84
25.51
23.03
16.99
18.07
20.49
26.12
12.25
18.92
15.27
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
5,007
4,731
7,700
LT Borrowings
11,201
11,834
19,682
LT Finance Leases
299
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
273
284
284
Market Capitalization
84,913
89,570
81,542

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
38,453
40,904
37,512
Cash, Cash Equivalents & STI
7,052
9,040
7,603
Accounts Receivable, Net
5,563
5,147
5,092
Inventories
22,000
22,678
21,175
Total Current Liabilities
23,074
21,582
25,868
Payables & Accruals
- -
- -
- -
ST Debt
5,007
4,731
7,700
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.66%
11.16%
17.73%
Free Cash Flow
54.48%
-40.92%
94.35%
Net Income, GAAP
20.36%
15.68%
-6.17%
Sales/Revenue/Turnover
9.4%
11.41%
4.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,481
22,748
22,193
25,785
89,207
2025
21,121
22,285
28,131
- -
93,509
2026
27,822
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.16
13.2
8.34
10.94
36.65
2025
7.99
2.02
15.31
- -
33.39
2026
13.45
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
7.5
- -
- -
7.5
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Boliden AB (publ) engages in the exploration, mining, smelting, and recycling of base and precious metals, primarily zinc, copper, lead, nickel, gold, and silver. The company produces zinc and lead ingots; copper cathodes and anodes; nickel matte; gold bars and granules; silver granules; copper, lead, nickel, and zinc concentrates; sulfuric acid; and by-products including copper sulphate, zinc clinker, iron sand, copper telluride, selenium, nickel sulphate, and precious metal concentrates such as palladium, platinum, rhodium, iridium, ruthenium, and osmium. Boliden operates mines including Aitik, the Boliden Area, Garpenberg in Sweden, Kevitsa in Finland, and Tara in Ireland; smelters in Sweden (Rönnskär, Bergsöe), Finland (Kokkola, Harjavalta), and Norway (Odda); with activities spanning Sweden, Finland, Norway, Ireland, Portugal, Germany, the United Kingdom, other parts of Europe, North America, and internationally. Founded in 1924 with roots in early 20th-century mining operations and headquartered in Stockholm, Sweden, Boliden maintains a leading position in sustainable metal production and electronics recycling in Europe. In April 2025, Boliden completed its acquisition of Somincor (Neves-Corvo copper and zinc mine in Portugal) and Zinkgruvan from Lundin Mining for financing via a bridge loan and a directed share issue raising SEK 3.75 billion, nearly doubling zinc concentrate production and significantly boosting copper output while consolidating its status as Europe's leading base metals producer.