- Understand $eric stock

$ERIC Market Cap: $248.6 Billion

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Financial Snapshot

Revenue

$249.5B

TTM

Gross Margin

41.74%

TTM

Net Earnings

-$35.85B

TTM

Current Assets

$145.6B

Q2 2024

Current Liabilities

$127.5B

Q2 2024

Current Ratio

114.22%

Q2 2024

Total Assets

$278.5B

Q2 2024

Total Liabilities

$194.6B

Q2 2024

Book Value

$83.84B

Q2 2024

Cash

$28.74B

Q2 2024

P/E

-6.935

Nov 13, 2024 EST

Free Cash Flow

$25.82B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$263.4B	$271.5B	$232.3B	$232.4B	$227.2B	$210.8B	$205.4B	$220.3B	$246.9B
YoY Change	-3.02%	16.89%	-0.03%	2.28%	7.77%	2.66%	-6.78%	-10.77%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$263.4B	$271.5B	$232.3B	$232.4B	$227.2B	$210.8B	$205.4B	$220.3B	$246.9B
Cost Of Revenue	$158.9B	$158.1B	$131.3B	$137.9B	$142.1B	$136.7B	$152.2B	$151.6B	$158.8B
Gross Profit	$104.4B	$113.5B	$101.0B	$94.45B	$85.16B	$74.14B	$53.17B	$68.73B	$88.09B
Gross Profit Margin	39.64%	41.79%	43.49%	40.64%	37.48%	35.16%	25.89%	31.2%	35.68%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$38.24B	$35.58B	$26.86B	$26.40B	$25.28B	$27.16B	$31.72B	$27.52B	$28.54B
YoY Change	7.46%	32.48%	1.75%	4.4%	-6.89%	-14.4%	15.29%	-3.58%
% of Gross Profit	36.62%	31.35%	26.59%	27.95%	29.69%	36.63%	59.67%	40.04%	32.4%
Research & Development	$48.23B	$47.24B	$41.94B	$39.30B	$38.47B	$37.62B	$35.58B	$28.89B	$32.82B
YoY Change	2.09%	12.65%	6.7%	2.16%	2.27%	5.72%	23.15%	-11.98%
% of Gross Profit	46.2%	41.63%	41.51%	41.61%	45.17%	50.74%	66.92%	42.04%	37.26%
Depreciation & Amortization	$11.99B	$10.54B	$8.656B	$8.537B	$8.599B	$7.221B	$8.451B	$8.886B	$10.22B
YoY Change	13.74%	21.8%	1.39%	-0.72%	19.08%	-14.55%	-4.9%	-13.08%
% of Gross Profit	11.49%	9.29%	8.57%	9.04%	10.1%	9.74%	15.89%	12.93%	11.6%
Operating Expenses	$86.44B	$83.79B	$68.49B	$64.96B	$74.28B	$64.45B	$66.64B	$55.14B	$60.27B
YoY Change	3.16%	22.33%	5.44%	-12.54%	15.24%	-3.28%	20.84%	-8.5%
Operating Profit	$17.97B	$29.70B	$32.53B	$29.49B	$10.89B	$9.686B	-$13.47B	$13.59B	$27.83B
YoY Change	-39.51%	-8.69%	10.31%	170.91%	12.38%	-171.92%	-199.12%	-51.18%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$2.869B	-$2.394B	-$2.129B	-$135.0M	$237.0M	-$2.050B	-$856.0M	-$2.969B	-$2.800B
YoY Change	19.84%	12.45%	1477.04%	-156.96%	-111.56%	139.49%	-71.17%	6.04%
% of Operating Profit	-15.97%	-8.06%	-6.54%	-0.46%	2.18%	-21.16%		-21.85%	-10.06%
Other Income/Expense, Net	-$1.054B	-$666.0M	-$469.0M	-$762.0M	-$690.0M	-$654.0M	-$454.0M	-$153.0M	-$320.0M
YoY Change	58.26%	42.0%	-38.45%	10.43%	5.5%	44.05%	196.73%	-52.19%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	-$23.32B	$24.61B	$29.25B	$27.21B	$8.762B	-$1.463B	-$35.96B	$2.894B	$19.87B
YoY Change	-194.76%	-15.87%	7.49%	210.57%	-698.91%	-95.93%	-1342.5%	-85.44%
Income Tax	$2.785B	$5.497B	$6.270B	$9.589B	$6.922B	$4.813B	-$3.525B	$1.882B	$6.199B
% Of Pretax Income		22.34%	21.44%	35.24%	79.0%			65.03%	31.19%
Net Earnings	-$26.45B	$18.72B	$22.69B	$17.48B	$2.223B	-$6.530B	-$32.58B	$833.0M	$13.55B
YoY Change	-241.24%	-17.49%	29.81%	686.46%	-134.04%	-79.95%	-4010.68%	-93.85%
Net Earnings / Revenue	-10.04%	6.9%	9.77%	7.52%	0.98%	-3.1%	-15.86%	0.38%	5.49%
Basic Earnings Per Share
Diluted Earnings Per Share	-$7.94	$5.623M	$6.817M	$5.261M	$672.4K	-$1.984M	-$9.941M	$255.3K	$4.128M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$44.77B	$47.09B	$66.98B	$50.43B	$51.84B	$45.01B	$42.60B	$50.29B
YoY Change	-4.91%	-29.7%	32.82%	-2.71%	15.16%	5.67%	-15.3%
Cash & Equivalents	$17.50B	$38.35B	$30.04B	$27.19B				$36.97B
Short-Term Investments	$9.584B	$8.736B	$42.97B	$34.01B	$34.50B	$26.02B	$24.19B	$13.33B
Other Short-Term Assets	$4.531B	$4.100B	$3.033B	$3.835B	$1.972B	$2.773B	$4.091B		$6.348B
YoY Change	10.51%	35.18%	-20.91%	94.47%	-28.89%	-32.22%			-23.09%
Inventory	$36.07B	$45.85B	$35.16B	$28.10B	$30.86B	$29.26B	$25.55B	$31.62B
Prepaid Expenses
Receivables	$50.21B	$58.26B	$55.91B	$53.34B	$55.24B	$64.35B	$61.23B	$66.13B
Other Receivables	$19.40B	$22.62B	$13.72B	$14.10B	$14.00B	$19.78B	$19.96B	$27.06B
Total Short-Term Assets	$155.0B	$173.8B	$174.8B	$149.8B	$153.9B	$161.2B	$153.4B	$175.1B	$6.348B
YoY Change	-10.83%	-0.57%	16.7%	-2.68%	-4.5%	5.05%	-12.38%	2658.3%	-23.09%
Property, Plant & Equipment	$18.52B	$22.11B	$21.53B	$21.36B	$22.34B	$12.85B	$12.86B	$16.73B
YoY Change	-16.24%	2.68%	0.77%	-4.36%	73.84%	-0.06%	-23.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$19.52B	$19.20B	$40.04B	$29.25B	$28.97B	$32.67B	$32.82B	$13.98B
YoY Change	1.66%	-52.04%	36.91%	0.98%	-11.33%	-0.46%	134.71%
Other Assets	$22.38B	$19.39B	$23.11B	$26.30B	$31.17B	$23.15B	$22.05B	$17.00B
YoY Change	15.37%	-16.08%	-12.12%	-15.65%	34.65%	5.0%	29.72%
Total Long-Term Assets	$142.0B	$175.7B	$130.8B	$121.7B	$122.5B	$107.6B	$106.5B	$109.1B
YoY Change	-19.17%	34.34%	7.45%	-0.6%	13.83%	1.07%	-2.38%
Total Assets	$297.0B	$349.5B	$305.6B	$271.5B	$276.4B	$268.8B	$259.9B	$284.2B
YoY Change
Accounts Payable	$27.77B	$38.44B	$35.68B	$31.99B	$30.40B	$29.88B	$26.32B	$25.84B
YoY Change	-27.76%	7.71%	11.55%	5.21%	1.74%	13.54%	1.84%
Accrued Expenses	$26.73B	$36.23B	$31.01B	$29.08B	$31.40B	$32.91B	$29.58B		$33.10B
YoY Change	-26.22%	16.82%	6.67%	-7.39%	-4.61%	11.27%			-8.09%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$19.89B	$8.470B	$11.81B	$10.14B	$11.73B	$2.255B	$2.545B	$8.033B
YoY Change	134.83%	-28.31%	16.53%	-13.54%	420.0%	-11.39%	-68.32%
Total Short-Term Liabilities	$129.4B	$145.6B	$127.0B	$114.3B	$116.8B	$110.9B	$99.53B	$100.8B	$33.10B
YoY Change	-11.14%	14.7%	11.05%	-2.14%	5.32%	11.44%	-1.26%	204.5%	-8.09%
Long-Term Debt	$34.44B	$33.76B	$29.32B	$29.32B	$35.85B	$30.87B	$30.50B	$18.65B
YoY Change	2.0%	15.16%	-0.01%	-18.21%	16.14%	1.21%	63.51%
Other Long-Term Liabilities	$31.91B	$32.07B	$41.36B	$41.62B	$40.61B	$38.54B	$31.38B	$27.29B
YoY Change	-0.48%	-22.47%	-0.63%	2.49%	5.38%	22.8%	14.99%
Total Long-Term Liabilities	$66.35B	$65.83B	$70.68B	$70.94B	$76.46B	$69.41B	$61.88B	$45.94B
YoY Change	0.79%	-6.86%	-0.37%	-7.22%	10.16%	12.16%	34.69%
Total Liabilities	$198.4B	$214.7B	$196.8B	$184.9B	$193.8B	$181.8B	$162.9B	$149.6B
YoY Change	-7.62%	9.09%	6.48%	-4.63%	6.62%	11.56%	8.95%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $248.62 Billion

About

Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. The company is headquartered in Stockholm, Stockholm and currently employs 97,985 full-time employees. The company went IPO on 2008-01-01. The firm's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. The company develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.

Industry: Radio & Tv Broadcasting & Communications Equipment Peers: