Telefonaktiebolaget LM Ericsson (publ)

BATS-CHIXE:ERIBRH Stock Report

Market Cap: €16.6b

Telefonaktiebolaget LM Ericsson Past Earnings Performance

Past criteria checks 2/6

Telefonaktiebolaget LM Ericsson has been growing earnings at an average annual rate of 64%, while the Communications industry saw earnings growing at 11.7% annually. Revenues have been growing at an average rate of 5.2% per year. Telefonaktiebolaget LM Ericsson's return on equity is 14.1%, and it has net margins of 6.2%.

Key information

64.0%

Earnings growth rate

64.1%

EPS growth rate

Communications Industry Growth11.7%
Revenue growth rate5.2%
Return on equity14.1%
Net Margin6.2%
Next Earnings Update14 Jul 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Telefonaktiebolaget LM Ericsson makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:ERIBRH Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 23279,03817,30037,76948,392
31 Dec 22271,54618,72435,50747,183
30 Sep 22256,89822,73431,39845,623
30 Jun 22245,12123,27228,21743,907
31 Mar 22237,59722,44727,48643,033
31 Dec 21232,31422,69427,10941,937
30 Sep 21230,57220,14026,49940,668
30 Jun 21231,78119,74126,30340,368
31 Mar 21232,41818,51426,29639,695
31 Dec 20232,39017,48326,56639,303
30 Sep 20229,17314,39127,26939,367
30 Jun 20228,8282,80925,96138,909
31 Mar 20228,0602,06225,86538,570
31 Dec 19227,2162,22325,19838,471
30 Sep 19224,652-8,76024,08738,077
30 Jun 19221,33521426,28837,852
31 Mar 19216,333-3,37626,49937,664
31 Dec 18210,838-6,53027,13137,362
30 Sep 18204,910-18,45328,30437,287
30 Jun 18200,513-24,75928,13336,736
31 Mar 18200,986-23,34527,96235,475
31 Dec 17205,378-32,57630,07532,980
30 Sep 17212,712-15,70431,15032,854
30 Jun 17214,375-12,37630,46931,557
31 Mar 17218,202-10,31830,63030,520
31 Dec 16220,31683327,51328,892
30 Sep 16230,96110,37627,55229,153
30 Jun 16239,04613,68927,81729,820
31 Mar 16245,60914,19628,14231,615
31 Dec 15246,92013,54928,52132,823
30 Sep 15241,33810,71628,69034,762
30 Jun 15239,82010,28228,35835,958
31 Mar 15233,99810,76727,55636,184
31 Dec 14227,98311,56826,92736,004
30 Sep 14227,02913,75525,85035,212
30 Jun 14222,36714,03025,59233,669
31 Mar 14222,84912,92025,61732,295
31 Dec 13227,37612,00525,24831,364
30 Sep 13227,280-86725,14931,155
30 Jun 13228,849-1,61125,14130,949
31 Mar 13228,837-1,97025,37931,309
31 Dec 12227,7795,77525,50331,981
30 Sep 12224,51013,39125,24032,084

Quality Earnings: ERIBRH has high quality earnings.

Growing Profit Margin: ERIBRH's current net profit margins (6.2%) are lower than last year (9.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ERIBRH has become profitable over the past 5 years, growing earnings by 64% per year.

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

Earnings vs Industry: ERIBRH had negative earnings growth (-22.9%) over the past year, making it difficult to compare to the Communications industry average (-32.6%).

Return on Equity

High ROE: ERIBRH's Return on Equity (14.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/02 19:08
End of Day Share Price 2023/04/04 00:00
Earnings2023/03/31
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

Telefonaktiebolaget LM Ericsson (publ) is covered by 71 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lionel PellicerAlphaValue
Richard KramerArete Research Services LLP
John EadeArgus Research Company