Overview
Ericsson is one of the world's leading information and communication technology companies. The company's portfolio spans the following business areas: Networks, Cloud Software and Services, and Enterprise. Its Networks business provides hardware and software for its customers to build, optimize, and evolve their mobile networks. The company's Cloud Software and Services business supports its customers as they move to a cloud-native environment, providing
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Read More solutions for its customers to operate, control, and monetize their mobile networks. Founded in 1876, Ericsson's portfolio is designed to help its customers go digital, increase efficiency, and find new revenue streams. Most of its revenue was generated outside of its home country, Sweden.
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Read More solutions for its customers to operate, control, and monetize their mobile networks. Founded in 1876, Ericsson's portfolio is designed to help its customers go digital, increase efficiency, and find new revenue streams. Most of its revenue was generated outside of its home country, Sweden.
Read Less
Erik Börje Ekholm
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Business Support Services
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Actual
$22.73 billion
Actual
-5.87%
$292,374
DEC
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OMXStk:ERIC B
Contacts
Get in Touch with 35 Principals*
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Erik Börje EkholmManaging Director and Member of the Board of Directors
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$22.73 billion
USD
Actual
1 USD = 10.9074 SEK
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $4,241 | $658 | $2,830 |
Net Investing Cash | -$1,462 | -$799 | -$3,154 |
Net Financing Cash | -$2,188 | $92 | -$1,460 |
Net Change in Cash | $591 | -$48 | -$1,784 |
Cash at Beginning of Period | $3,226 | $3,516 | $4,955 |
Cash at End of Period | $4,023 | $3,226 | $3,516 |
Capital Expenditure | -$334 | -$501 | -$568 |
Assets (mil) | 2024 | 2023 | 2022 |
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Current Assets | |||
Cash and Cash Equivalents | $4,023 | $3,226 | $3,516 |
Accounts Receivable | $4,048 | $3,870 | $4,439 |
Inventories | $2,487 | $3,307 | $4,203 |
Other Current Assets | $3,589 | $3,806 | $3,777 |
Asset Summary | |||
Total Current Assets | $14,147 | $14,209 | $15,934 |
Tangible Fixed Assets | $1,562 | $1,697 | $2,027 |
Intangible Assets | $1,150 | $2,507 | $2,755 |
Total Assets | $292,374 | $297,036 | $349,537 |
Liabilities (mil) | 2024 | 2023 | 2022 |
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Current Liabilities | |||
Accounts Payable | $2,766 | $2,546 | $3,524 |
Short-Term Debt | $563 | $1,619 | $549 |
Other Current Liabilities | $8,761 | $7,699 | $9,278 |
Liability Summary | |||
Total Current Liabilities | $12,090 | $11,863 | $13,351 |
Long-Term Debt | $2,925 | $2,679 | $2,470 |
Other Long-Term Liabilities | $91 | $69 | $68 |
Total Liabilities | $18,280 | $18,302 | $19,824 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
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Equity | |||
Common Stock | $1,535 | $1,533 | $1,529 |
Retained Earnings | $3,878 | $4,626 | $7,812 |
Equity Summary | |||
Total Equity | $8,644 | $9,046 | $12,360 |
Shares Outstanding | 3,332,672,174 | 3,330,142,429 | 3,330,142,429 |