Skanska AB (publ)

BATS-CHIXE:SKABS Stock Report

Market Cap: SEK 71.4b

Skanska Past Earnings Performance

Past criteria checks 1/6

Skanska has been growing earnings at an average annual rate of 8.4%, while the Construction industry saw earnings declining at 1.7% annually. Revenues have been declining at an average rate of 2.2% per year. Skanska's return on equity is 11.5%, and it has net margins of 4%.

Key information

8.4%

Earnings growth rate

8.3%

EPS growth rate

Construction Industry Growth2.9%
Revenue growth rate-2.2%
Return on equity11.5%
Net Margin4.0%
Next Earnings Update09 Feb 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Skanska makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BATS-CHIXE:SKABS Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 23163,3736,6009,3610
30 Jun 23164,3588,0589,0360
31 Mar 23164,6177,8839,0130
31 Dec 22163,1748,2568,7930
30 Sep 22161,9267,2058,3430
30 Jun 22152,5946,1358,1380
31 Mar 22146,2536,6667,8110
31 Dec 21143,8656,8647,6720
30 Sep 21145,3769,5877,8230
30 Jun 21148,1579,6857,8510
31 Mar 21152,6489,8407,8310
31 Dec 20160,3449,8758,0760
30 Sep 20168,4107,1378,3240
30 Jun 20174,1987,1808,4270
31 Mar 20176,0716,3638,7220
31 Dec 19172,8466,0318,7470
30 Sep 19172,6336,2128,0770
30 Jun 19173,2515,6988,5190
31 Mar 19174,1795,2208,5040
31 Dec 18171,7304,5718,8610
30 Sep 18166,5543,3769,3410
30 Jun 18162,3383,5839,0720
31 Mar 18158,9302,9279,2990
31 Dec 17157,8774,0959,0650
30 Sep 17152,1255,2279,3340
30 Jun 17148,7445,0099,4000
31 Mar 17148,5766,9039,3080
31 Dec 16145,3655,7229,1730
30 Sep 16148,7275,9869,0770
30 Jun 16149,6455,7248,9280
31 Mar 16150,1164,4978,9540
31 Dec 15153,0494,7808,9610
30 Sep 15150,7803,4618,9270
30 Jun 15154,3664,3078,8630
31 Mar 15148,9103,9058,6740
31 Dec 14143,3253,8438,4390
30 Sep 14141,1453,5058,1490
30 Jun 14136,9303,1467,9320
31 Mar 14134,5593,2137,7860
31 Dec 13136,5893,7657,7630
30 Sep 13134,0773,5888,0040
30 Jun 13131,8953,6868,2160
31 Mar 13131,9183,5648,4280

Quality Earnings: SKABS has a high level of non-cash earnings.

Growing Profit Margin: SKABS's current net profit margins (4%) are lower than last year (4.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SKABS's earnings have grown by 8.4% per year over the past 5 years.

Accelerating Growth: SKABS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SKABS had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Construction industry average (17.9%).


Return on Equity

High ROE: SKABS's Return on Equity (11.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/12 18:05
End of Day Share Price 2023/12/21 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Skanska AB (publ) is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MooreBerenberg
Arnaud LehmannBofA Global Research
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB