Telefonaktiebolaget LM Ericsson (publ)
ERIC
Price:
$8.14
Market Cap:
$296.59B
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational suppo...[Read more]
Industry
Communication Equipment
IPO Date
1981-08-24
Stock Exchange
NASDAQ
Ticker
ERIC
PE Ratio
[-203.50]
ROE
[-1.44%]
Current Ratio
[1.19]
Dividend Yield
[3.39%]
Enterprise Value
[302.79B]
Dividend History
The ROE as of November 2024 (TTM) for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is -1.44%
According to Telefonaktiebolaget LM Ericsson (publ)’s latest financial reports and current stock price. The company's current ROE is -1.44%. This represents a change of 86.81% compared to the average of -0.77% of the last 4 quarters.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Historical ROE (quarterly & annually)
How has ERIC ROE performed in the past?
The mean historical ROE of Telefonaktiebolaget LM Ericsson (publ) over the last ten years is 0.64%. The current -1.44% ROE has changed -324.54% with respect to the historical average. Over the past ten years (40 quarters), ERIC's ROE was at its highest in in the December 2021 quarter at 9.26%. The ROE was at its lowest in in the September 2023 quarter at -28.72%.
Average
0.64%
Median
5.35%
Minimum
-35.37%
Maximum
20.86%
Telefonaktiebolaget LM Ericsson (publ) (ERIC) ROE by Quarter and Year
Discovering the peaks and valleys of Telefonaktiebolaget LM Ericsson (publ) ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 649.12%
Maximum Annual ROE = 20.86%
Minimum Annual Increase = -2981.79%
Minimum Annual ROE = -35.37%
| Year | ROE | Change |
|---|---|---|
| 2023 | -26.80% | -292.97% |
| 2022 | 13.89% | -33.43% |
| 2021 | 20.86% | 3.43% |
| 2020 | 20.17% | 649.12% |
| 2019 | 2.69% | -135.87% |
| 2018 | -7.51% | -78.77% |
| 2017 | -35.37% | -2981.79% |
| 2016 | 1.23% | -86.73% |
| 2015 | 9.25% | 15.35% |
| 2014 | 8.02% | -6.38% |
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Average ROE
How has ERIC ROE performed in the past?
The current ROE of Telefonaktiebolaget LM Ericsson (publ) (ERIC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.65%
5-year avg
6.16%
10-year avg
0.64%
Telefonaktiebolaget LM Ericsson (publ) (ERIC) ROE vs. Peers
How is ERIC’s ROE compared to its peers?
Telefonaktiebolaget LM Ericsson (publ)’s ROE is less than Nokia Oyj (1.97%), greater than Marvell Technology, Inc. (-6.58%), greater than Qorvo, Inc. (-4.01%), less than Skyworks Solutions, Inc. (9.44%), less than Crown Castle Inc. (21.01%),
| Company | ROE | Market cap |
|---|---|---|
| 1.97% | $22.79B | |
| -6.58% | $80.13B | |
| -4.01% | $6.55B | |
| 9.44% | $13.66B | |
| 21.01% | $45.82B |
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