AB Volvo (publ) (STO:VOLV.B)
Sweden · Delayed Price · Currency is SEK 312.80
-4.00 (-1.26%)
Nov 6, 2026, 5:29 PM CET
AB Volvo Income Statement
Financials in millions SEK. Fiscal year is January - December.
Millions SEK. Fiscal year is Jan - Dec.
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 |
Operating Revenue | 454,228 | 452,714 | 499,834 | 528,240 | 456,124 | 358,779 |
Other Revenue | 26,139 | 26,469 | 26,982 | 24,012 | 17,355 | 13,437 |
| 480,367 | 479,183 | 526,816 | 552,252 | 473,479 | 372,216 | |
Revenue Growth | -2.72% | -9.04% | -4.61% | 16.64% | 27.21% | 9.98% |
Cost of Revenue | 339,294 | 344,198 | 364,161 | 386,029 | 351,100 | 274,763 |
Gross Profit | 118,794 | 112,386 | 139,716 | 145,935 | 105,871 | 87,304 |
Selling, General & Admin | 38,175 | 36,858 | 39,029 | 37,722 | 31,933 | 26,434 |
Research & Development | 24,425 | 26,242 | 30,957 | 26,645 | 22,526 | 18,027 |
Other Operating Expenses | 5,484 | 788 | 1,309 | 917 | 4,498 | 1,500 |
Operating Expenses | 68,084 | 63,888 | 71,295 | 65,284 | 58,957 | 45,961 |
Operating Income | 50,710 | 48,498 | 68,421 | 80,651 | 46,914 | 41,343 |
Interest Expense | -1,768 | -1,819 | -1,592 | -1,684 | -1,205 | -1,167 |
Interest & Investment Income | 1,621 | 1,909 | 2,706 | 2,690 | 1,140 | 358 |
Earnings From Equity Investments | -1,152 | -1,630 | -2,166 | -2,568 | -1,333 | -54 |
Currency Exchange Gain (Loss) | -326 | -326 | -275 | -851 | -331 | -24 |
Other Non Operating Income (Expenses) | 278 | -878 | -223 | -729 | -108 | 949 |
EBT Excluding Unusual Items | 49,363 | 45,754 | 66,871 | 77,509 | 45,077 | 41,405 |
Merger & Restructuring Charges | -178 | -178 | 572 | -2,570 | - | 157 |
Impairment of Goodwill | - | - | -483 | - | - | - |
Gain (Loss) on Sale of Investments | 6 | -24 | - | -14 | - | -15 |
Gain (Loss) on Sale of Assets | 1,840 | 1,840 | 249 | -2,199 | - | 1,643 |
Legal Settlements | - | - | - | -6,000 | - | - |
Pretax Income | 51,031 | 47,392 | 67,209 | 66,726 | 45,077 | 43,190 |
Income Tax Expense | 11,957 | 12,685 | 16,634 | 16,794 | 12,108 | 9,947 |
Earnings From Continuing Operations | 39,074 | 34,707 | 50,575 | 49,932 | 32,969 | 33,243 |
Minority Interest in Earnings | -6 | -251 | -186 | -107 | -247 | -456 |
Net Income | 39,068 | 34,456 | 50,389 | 49,825 | 32,722 | 32,787 |
Net Income to Common | 39,068 | 34,456 | 50,389 | 49,825 | 32,722 | 32,787 |
Net Income Growth | 9.80% | -31.62% | 1.13% | 52.27% | -0.20% | 69.72% |
Shares Outstanding (Basic) | 2,033 | 2,033 | 2,033 | 2,033 | 2,033 | 2,033 |
Shares Outstanding (Diluted) | 2,033 | 2,033 | 2,033 | 2,033 | 2,033 | 2,033 |
Shares Change | - | - | 0.02% | - | - | - |
EPS (Basic) | 19.21 | 16.94 | 24.78 | 24.51 | 16.10 | 16.13 |
EPS (Diluted) | 19.20 | 16.94 | 24.78 | 24.50 | 16.09 | 16.12 |
EPS Growth | 9.72% | -31.64% | 1.14% | 52.27% | -0.19% | 69.68% |
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 |
Free Cash Flow | 34,508 | 27,251 | 32,552 | 8,276 | 12,788 | 15,530 |
Free Cash Flow Per Share | 16.97 | 13.40 | 16.01 | 4.07 | 6.29 | 7.64 |
Dividend Per Share | 8.500 | 8.500 | 8.000 | 7.500 | 7.000 | 6.500 |
Dividend Growth | 6.25% | 6.25% | 6.67% | 7.14% | 7.69% | 8.33% |
Gross Margin | 24.73% | 23.45% | 26.52% | 26.42% | 22.36% | 23.46% |
Operating Margin | 10.56% | 10.12% | 12.99% | 14.60% | 9.91% | 11.11% |
Profit Margin | 8.13% | 7.19% | 9.56% | 9.02% | 6.91% | 8.81% |
Free Cash Flow Margin | 7.18% | 5.69% | 6.18% | 1.50% | 2.70% | 4.17% |
EBITDA | 58,198 | 55,951 | 75,336 | 86,979 | 52,854 | 46,811 |
EBITDA Margin | 12.12% | 11.68% | 14.30% | 15.75% | 11.16% | 12.58% |
D&A For EBITDA | 7,488 | 7,453 | 6,915 | 6,328 | 5,940 | 5,468 |
EBIT | 50,710 | 48,498 | 68,421 | 80,651 | 46,914 | 41,343 |
EBIT Margin | 10.56% | 10.12% | 12.99% | 14.60% | 9.91% | 11.11% |
Effective Tax Rate | 23.43% | 26.77% | 24.75% | 25.17% | 26.86% | 23.03% |