Sandvik AB (publ) (STO:SAND)

Sandvik AB Financials Overview

Financials in millions SEK. Fiscal year is January - December.

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	129,116	120,680	122,878	126,503	112,331	85,700
Revenue Growth	6.30%	-1.79%	-2.87%	12.62%	31.08%	-0.81%
Gross Profit Gross Profit Growth	52,079	49,002	49,136	52,047	45,387	36,673
Operating Income Operating Income Growth	23,422	20,617	19,033	23,028	19,522	17,677
Net Income Net Income Growth	16,850	14,690	12,243	15,300	11,212	14,461
Earnings Per Share EPS Growth	13.42	11.70	9.75	12.18	8.93	11.51
EPS Growth	16.29%	20.00%	-19.95%	36.37%	-22.42%	65.54%

Revenue by Segment

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Sandvik Mining and Rock Solutions Sandvik Mining and Rock Solutions Growth	66,561	62,971	63,607	65,690	56,843	41,409
Sandvik Rock Processing Solutions Sandvik Rock Processing Solutions Growth	10,431	10,435	10,704	11,472	9,587	7,610
Sandvik Manufacturing and Machining Solutions Sandvik Manufacturing and Machining Solutions Growth	52,124	47,273	48,567	49,340	45,901	36,681
Revenue (Total) Revenue (Total) Growth	129,116	120,680	122,878	126,503	112,331	85,700

Cash & Debt

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	3,620	4,958	4,528	4,363	10,489	13,585
Total Debt Total Debt Growth	43,121	37,121	42,755	45,082	52,057	34,350
Net Cash (Debt) Net Cash Growth	-39,501	-32,163	-38,227	-40,719	-41,568	-20,765
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-31.47	-25.62	-30.44	-32.42	-33.11	-16.54

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	20,657	19,189	20,607	18,797	10,465	13,177
Capital Expenditures CapEx Growth	-2,733	-2,835	-3,565	-3,872	-3,564	-2,936
Free Cash Flow Free Cash Flow Growth	17,924	16,354	17,042	14,925	6,901	10,241
Free Cash Flow Growth	4.59%	-4.04%	14.18%	116.27%	-32.61%	-19.13%

Margins

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	40.34%	40.61%	39.99%	41.14%	40.41%	42.79%
Operating Margin	18.14%	17.08%	15.49%	18.20%	17.38%	20.63%
Pretax Margin	17.35%	16.12%	13.40%	15.65%	15.79%	19.62%
Profit Margin	13.05%	12.17%	9.96%	12.10%	9.98%	16.87%
FCF Margin	13.88%	13.55%	13.87%	11.80%	6.14%	11.95%

Dividends

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 17, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	6.000	6.000	5.750	5.500	5.000	4.750
Dividend Per Share Growth	4.35%	4.35%	4.54%	10.00%	5.26%	5.56%
Dividend Yield	1.67%	2.03%	3.03%	2.70%	2.91%	2.22%

Valuation

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 17, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	26.77	25.67	20.32	17.88	21.08	21.91
Forward PE	18.15	21.69	14.33	16.15	14.34	19.82
P/FCF Ratio	25.14	23.06	14.60	18.33	34.24	30.94
PS Ratio	3.49	3.13	2.02	2.16	2.10	3.70

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Aug 13, 2026

Data Sources Report a data error