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AB Volvo (publ)

AB Volvo (publ)

VOLV-B.ST
AB Volvo (publ)SE flagStockholm Stock Exchange
326.50
SEK
-7.10
- -
663.92BMarket Cap
AB Volvo (publ)
VOLV-B.ST
(Stockholm Stock Exchange)

Recent

price

326.50

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
130.61
153.12
147.84
134.43
139.52
153.95
148.65
163.75
192.34
212.48
166.48
183.09
232.9
271.64
259.13
235.7
231.94
Revenue per Share
5.36
8.76
5.5
1.77
1.04
7.42
6.47
10.08
12.25
17.64
9.5
16.13
16.1
24.51
24.79
16.95
17.63
Basic EPS, GAAP
8.64
-0.17
-10.26
-4.62
-4.94
3.21
-1.37
9.04
5.08
8.38
6.54
5.81
3.64
1.47
13.8
9.57
11.46
Free Cash Flow per Basic Share
0.04
2.5
3
3
3
3
3
3.25
4.25
10
- -
24.51
13
14
18
18.5
13
Dividend per Share
- -
41.71
37.38
37.49
38.6
41.27
47.29
51.92
60.69
68.16
71.45
69.36
80.02
87.43
95.43
87.73
86.83
Book Value per Share
- -
22.23
18.29
19.45
20.31
23.34
28.62
34.25
41.95
50.13
54.45
51.13
59.59
66.53
73.62
64.83
58.66
Tangible Book Value per Share
2,027
2,027
2,028
2,028
2,028
2,030
2,031
2,032
2,032
2,033
2,033
2,033
2,033
2,033
2,033
2,033
2,033
Basic Weighted Avg Shares
264,749
310,367
299,814
272,622
282,948
312,515
301,914
332,738
390,834
431,980
338,446
372,216
473,479
552,252
526,816
479,183
471,533
Sales/Revenue/Turnover
6.8
8.87
6.37
3.38
4.13
6.52
7.62
8.44
8.5
10.79
8.61
11.36
10.49
14.58
13.25
10.33
10.74
Operating Margin (%)
13,792
13,992
14,477
17,422
15,930
16,807
16,764
16,869
18,439
20,586
20,599
18,720
20,729
21,227
21,427
22,007
23,426
Depreciation Expense
10,866
17,751
11,160
3,583
2,099
15,058
13,147
20,484
24,897
35,861
19,318
32,787
32,722
49,825
50,389
34,456
35,840
Net Income, GAAP
27.73
27.33
26.56
19.47
56.08
26.06
31.24
24.7
21.11
22.07
22.55
23.03
26.86
25.17
24.75
26.77
26.86
Effective Tax Rate (%)
4.1
5.72
3.72
1.31
0.74
4.82
4.35
6.16
6.37
8.3
5.71
8.81
6.91
9.02
9.56
7.19
7.6
Profit Margin (%)
14,546
19,448
10,200
11,992
28,434
652
13,766
16,708
41,202
75,870
76,640
53,094
71,749
67,012
77,320
39,656
28,945
Working Capital
84,094
84,287
79,587
83,309
107,495
74,692
84,145
73,781
86,438
100,095
94,750
102,260
134,392
136,267
156,400
136,417
150,913
LT Debt
74,121
85,681
77,051
77,365
80,048
85,611
97,764
107,430
125,830
141,677
148,142
144,118
166,235
180,739
197,361
178,478
176,693
Total Equity
6.13
9.58
6.58
3.51
2.3
6.68
6.87
8.85
10.4
12.76
7.37
10.62
10.59
14.95
11.85
8.08
8.43
Return on Invested Capital (%)
6.06
9.44
6.22
2.69
1.29
7.53
6.29
9.12
10.4
13.09
6.55
11.14
10
12.98
11.84
8.06
8.53
Return on Capital (%)
15.58
22.51
13.92
4.72
2.72
18.57
14.62
20.33
21.76
27.38
13.61
22.9
21.54
29.27
27.1
18.5
21.05
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
110,584
105,798
109,442
LT Borrowings
130,555
151,835
150,913
LT Finance Leases
5,862
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,033
2,033
2,033
Market Capitalization
601,698
621,220
670,022

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
305,570
323,818
309,890
Cash, Cash Equivalents & STI
64,903
72,573
47,068
Accounts Receivable, Net
139,194
146,014
152,717
Inventories
65,963
75,666
79,749
Total Current Liabilities
265,914
271,383
280,945
Payables & Accruals
- -
- -
- -
ST Debt
110,584
105,798
109,442
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.93%
4.2%
-9.57%
Free Cash Flow
-20.6%
139.46%
-30.63%
Net Income, GAAP
15.39%
18.26%
-31.62%
Sales/Revenue/Turnover
5.33%
8.04%
-9.04%
Total Cash Common Dividend
- -
27.42%
2.78%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
131,177
140,249
116,978
138,413
526,816
2025
121,792
122,896
110,692
123,803
479,183
2026
110,765
126,273
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.93
7.65
4.93
5.28
24.79
2025
4.86
3.65
- -
4.73
16.95
2026
4.09
5.1
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
18
- -
- -
18
2025
- -
18.5
- -
- -
18.5
2026
- -
13
- -
- -
- -
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Business
AB Volvo (publ) manufactures and sells trucks, buses, construction equipment, marine and industrial engines, and related financial services and solutions. The company offers a broad portfolio under brands including Volvo Trucks, Mack Trucks, Renault Trucks, Volvo Buses, Nova Bus, Arquus, Volvo Construction Equipment, Volvo Penta, and others; products encompass medium- and heavy-duty trucks for long-haul, regional, and construction use, rigid and articulated haul trucks, wheel loaders, excavators, articulated dump trucks, motor graders, compactors, pavers, and drive systems for marine propulsion and industrial applications; it also provides customer solutions such as financing, insurance, rental, spare parts, preventive maintenance, service agreements, roadside assistance, and digital uptime services. Founded in 1927 and headquartered in Gothenburg, Sweden, AB Volvo (publ) employs over 100,000 people with production facilities in 18 countries and sales in more than 190 markets spanning North America, South America, Europe, Asia, Africa, and Oceania. In recent developments, the company launched Coretura, a joint venture with Daimler Truck in June 2025 to develop software-defined vehicle platforms and connectivity solutions for commercial vehicles; Volvo Construction Equipment agreed in June 2025 to acquire Swecon's operations in Sweden, Germany, and the Baltics for SEK 7 billion, subject to regulatory approval and expected to close in the second half of 2025 to strengthen retail presence; it also acquired a state-of-the-art battery cell laboratory from NOVO Energy in July 2025 to advance battery chemistry research for its zero-emission strategy targeting 100% fossil-free operations by 2040.