Volvo Car AB (publ.) (STO:VOLCAR.B)
Sweden · Delayed Price · Currency is SEK 11.405
-0.255 (-2.19%)
Oct 30, 2026, 12:59 PM CET
Volvo Car AB (publ.) Cash Flow Statement
Financials in millions SEK. Fiscal year is January - December.
Millions SEK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -670 | 174 | 15,401 | 13,053 | 15,577 | 12,546 |
Depreciation & Amortization | 14,461 | 14,589 | 14,372 | 11,720 | 11,014 | 9,942 |
Other Amortization | 10,352 | 9,356 | 8,358 | 5,535 | 5,048 | 4,974 |
Loss (Gain) From Sale of Assets | 6,518 | 6,518 | 1,574 | 1,267 | 1,142 | 5,263 |
Asset Writedown & Restructuring Costs | - | - | - | 194 | 29 | 89 |
Loss (Gain) on Equity Investments | -654 | -654 | 4,722 | 5,628 | -4,443 | 951 |
Other Operating Activities | -16,630 | -4,545 | -1,129 | 2,643 | -1,310 | -2,269 |
Change in Accounts Receivable | 4,728 | -84 | -1,386 | 4,750 | -776 | 2,845 |
Change in Inventory | -10,721 | 2,353 | -2,757 | -11,341 | -7,348 | 3,643 |
Change in Accounts Payable | -55 | 7,205 | -7,539 | -2,918 | 18,533 | -3,328 |
Change in Unearned Revenue | 4,074 | 644 | 8,709 | 8,707 | 5,941 | 2,239 |
Change in Other Net Operating Assets | 954 | -931 | 7,047 | 3,629 | -9,808 | -7,043 |
Operating Cash Flow | 12,357 | 34,625 | 47,372 | 42,867 | 33,599 | 29,852 |
Operating Cash Flow Growth | -72.57% | -26.91% | 10.51% | 27.58% | 12.55% | -12.93% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -18,600 | -22,825 | -25,259 | -18,485 | -13,784 | -11,352 |
Sale of Property, Plant & Equipment | 1,515 | 872 | 981 | 642 | 161 | 123 |
Sale (Purchase) of Intangibles | -12,736 | -17,252 | -19,774 | -20,680 | -18,328 | -11,972 |
Investment in Securities | 2,213 | 7,996 | -2,118 | -1,329 | -7,307 | -11,386 |
Other Investing Activities | 37 | -967 | -75 | -11,990 | -400 | -150 |
Investing Cash Flow | -27,571 | -32,176 | -46,245 | -51,842 | -39,658 | -34,737 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 10,423 | 6,056 | 5,470 | 6,300 | 1,579 |
Long-Term Debt Repaid | - | -9,471 | -9,851 | -4,420 | -6,241 | -12,471 |
Net Debt Issued (Repaid) | -3,630 | 952 | -3,795 | 1,050 | 59 | -10,892 |
Issuance of Common Stock | - | - | - | - | - | 20,807 |
Repurchase of Common Stock | - | -219 | -190 | - | - | - |
Common Dividends Paid | - | - | - | - | - | -10,462 |
Dividends Paid | - | - | - | - | - | -10,462 |
Other Financing Activities | 11 | 995 | 9,901 | -6,301 | 4,910 | 1,725 |
Financing Cash Flow | -3,619 | 1,728 | 5,916 | -5,251 | 4,969 | 1,178 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 456 | -2,986 | 1,469 | -1,656 | 2,568 | 4,380 |
Net Cash Flow | -18,376 | 1,191 | 8,512 | -15,882 | 1,478 | 673 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -6,243 | 11,800 | 22,113 | 24,382 | 19,815 | 18,500 |
Free Cash Flow Growth | - | -46.64% | -9.31% | 23.05% | 7.11% | -23.86% |
Free Cash Flow Margin | -2.00% | 3.30% | 5.53% | 6.11% | 6.00% | 6.56% |
Free Cash Flow Per Share | -2.10 | 3.97 | 7.42 | 8.18 | 6.65 | 7.17 |
Levered Free Cash Flow | -11,801 | -21,107 | -2,374 | -6,405 | -1,323 | 3,206 |
Unlevered Free Cash Flow | -9,857 | -19,220 | -539.88 | -5,157 | -670.25 | 3,703 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,788 | 1,538 | 1,623 | 1,710 | 1,351 | 1,139 |
Cash Income Tax Paid | 3,253 | 3,724 | 4,448 | 4,486 | 4,223 | 3,673 |
Change in Working Capital | -1,020 | 9,187 | 4,074 | 2,827 | 6,542 | -1,644 |