AB Volvo (publ)

OM:VOLV B Stock Report

Market Cap: SEK 535.9b

AB Volvo Past Earnings Performance

Past criteria checks 2/6

AB Volvo has been growing earnings at an average annual rate of 14.4%, while the Machinery industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 9.9% per year. AB Volvo's return on equity is 20.9%, and it has net margins of 7.2%.

Key information

14.40%

Earnings growth rate

14.40%

EPS growth rate

Machinery Industry Growth9.17%
Revenue growth rate9.94%
Return on equity20.89%
Net Margin7.21%
Next Earnings Update28 Jan 2026

Recent past performance updates

Recent updates

There's Been No Shortage Of Growth Recently For AB Volvo's (STO:VOLV B) Returns On Capital

Aug 30
There's Been No Shortage Of Growth Recently For AB Volvo's (STO:VOLV B) Returns On Capital

AB Volvo (STO:VOLV B) Takes On Some Risk With Its Use Of Debt

Aug 18
AB Volvo (STO:VOLV B) Takes On Some Risk With Its Use Of Debt

AB Volvo (publ)'s (STO:VOLV B) Share Price Is Matching Sentiment Around Its Earnings

Aug 06
AB Volvo (publ)'s (STO:VOLV B) Share Price Is Matching Sentiment Around Its Earnings

Should You Investigate AB Volvo (publ) (STO:VOLV B) At kr262?

Jul 07
Should You Investigate AB Volvo (publ) (STO:VOLV B) At kr262?

An Intrinsic Calculation For AB Volvo (publ) (STO:VOLV B) Suggests It's 39% Undervalued

Jun 01
An Intrinsic Calculation For AB Volvo (publ) (STO:VOLV B) Suggests It's 39% Undervalued

Returns Are Gaining Momentum At AB Volvo (STO:VOLV B)

May 20
Returns Are Gaining Momentum At AB Volvo (STO:VOLV B)

Weekly Picks: 🫣 DSP's Potential, VOLV's Bold Plans and DOCN's Tailwinds

May 07
Weekly Picks: 🫣 DSP's Potential, VOLV's Bold Plans and DOCN's Tailwinds

Volvo: A Reliable Dividend Stock with Promising Growth Ahead

Revenue Growth and Profitability: Over the next year, Volvo is expected to see a modest increase in revenue. While global automotive sales have faced challenges in recent years, Volvo has proven its a

AB Volvo (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 25
AB Volvo (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

AB Volvo (publ) (STO:VOLV B) Not Doing Enough For Some Investors As Its Shares Slump 30%

Apr 08
AB Volvo (publ) (STO:VOLV B) Not Doing Enough For Some Investors As Its Shares Slump 30%

Should You Investigate AB Volvo (publ) (STO:VOLV B) At kr310?

Mar 27
Should You Investigate AB Volvo (publ) (STO:VOLV B) At kr310?

AB Volvo (STO:VOLV B) Takes On Some Risk With Its Use Of Debt

Mar 15
AB Volvo (STO:VOLV B) Takes On Some Risk With Its Use Of Debt

AB Volvo's (STO:VOLV B) Dividend Will Be Increased To SEK18.50

Feb 26
AB Volvo's (STO:VOLV B) Dividend Will Be Increased To SEK18.50

Volvo's Electric and Autonomous Trucks Will Drive Future Profits

Are there any products or services that could move sales or earnings meaningfullyVolvo Autonomous Solutions: The company is actively developing autonomous trucks, which could reduce labor costs for lo

AB Volvo (STO:VOLV B) Is Paying Out A Larger Dividend Than Last Year

Feb 03
AB Volvo (STO:VOLV B) Is Paying Out A Larger Dividend Than Last Year

Here's Why AB Volvo (STO:VOLV B) Has Caught The Eye Of Investors

Jan 30
Here's Why AB Volvo (STO:VOLV B) Has Caught The Eye Of Investors

Investors Don't See Light At End Of AB Volvo (publ)'s (STO:VOLV B) Tunnel

Jan 08
Investors Don't See Light At End Of AB Volvo (publ)'s (STO:VOLV B) Tunnel

Are Investors Undervaluing AB Volvo (publ) (STO:VOLV B) By 36%?

Dec 27
Are Investors Undervaluing AB Volvo (publ) (STO:VOLV B) By 36%?

Returns On Capital Are A Standout For AB Volvo (STO:VOLV B)

Dec 16
Returns On Capital Are A Standout For AB Volvo (STO:VOLV B)

Should You Investigate AB Volvo (publ) (STO:VOLV B) At kr267?

Nov 20
Should You Investigate AB Volvo (publ) (STO:VOLV B) At kr267?
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Electrification Delays And Supply Chain Woes Threaten Volvo's Revenue Growth

Supply chain issues and production delays in North America may hurt revenue growth due to declining truck deliveries.

Revenue & Expenses Breakdown

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

Earnings and Revenue History

OM:VOLV B Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25493,79135,58237,73227,745
30 Jun 25500,07738,06037,93829,448
31 Mar 25517,43146,19938,51730,576
31 Dec 24526,81650,38939,02930,957
30 Sep 24536,39251,70139,00929,790
30 Jun 24551,69055,77639,32028,882
31 Mar 24552,12650,99538,68627,485
31 Dec 23552,25249,82537,72226,645
30 Sep 23538,56744,39234,18426,510
30 Jun 23521,20838,92634,91725,799
31 Mar 23499,46538,59933,26524,435
31 Dec 22473,47932,72231,93322,526
30 Sep 22441,55434,09631,90520,435
30 Jun 22411,89632,52328,09218,914
31 Mar 22383,51530,97927,05818,240
31 Dec 21372,21632,78726,43418,027
30 Sep 21366,75633,99526,98917,539
30 Jun 21358,34932,66527,63917,175
31 Mar 21341,01523,48427,54516,206
31 Dec 20338,44619,31828,89616,798
30 Sep 20346,88316,77631,35017,831
30 Jun 20368,75418,50833,93318,373
31 Mar 20416,22129,92136,89819,376
31 Dec 19431,98035,86137,66318,539
30 Sep 19432,41131,76436,81617,303
30 Jun 19425,96931,76835,60416,378
31 Mar 19408,89929,85835,10215,756
31 Dec 18390,83424,89734,39715,899
30 Sep 18376,60227,02033,95116,320
30 Jun 18360,72124,96633,47716,438
31 Mar 18344,95121,55832,61316,372
31 Dec 17332,73820,48432,09816,098
30 Sep 17323,74320,61231,48515,783
30 Jun 17316,10117,79630,96915,627
31 Mar 17307,13713,96030,35315,176
31 Dec 16301,91413,14730,02814,631
30 Sep 16298,99110,92230,16514,257
30 Jun 16303,54211,40430,35414,466
31 Mar 16309,43414,57731,10414,731
31 Dec 15312,51515,05831,58515,368
30 Sep 15310,3589,51331,71715,960
30 Jun 15304,2717,94131,74516,265
31 Mar 15292,0905,26331,38916,605
31 Dec 14282,9482,09931,14516,656

Quality Earnings: VOLV B has high quality earnings.

Growing Profit Margin: VOLV B's current net profit margins (7.2%) are lower than last year (9.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VOLV B's earnings have grown by 14.4% per year over the past 5 years.

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

Earnings vs Industry: VOLV B had negative earnings growth (-31.2%) over the past year, making it difficult to compare to the Machinery industry average (-1.2%).

Return on Equity

High ROE: Whilst VOLV B's Return on Equity (20.89%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/05 03:13
End of Day Share Price 2025/11/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

AB Volvo (publ) is covered by 42 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
David LeikerBaird
Kristina ChurchBarclays