undamentalytics Newsletter
Sign in

Ericsson LM Telephone Co (ERIC) stock

Add to watchlist

Add holding +

NASDAQ: ERIC Nasdaq Communications Equipment Next results ~January 22, 2027

B Fundamentals grade

Ericsson LM Telephone Co is a US-listed company in the communications equipment industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

~$13

Cash-flow model

Base case. Range ~$9.8–$17 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 15% below our base value.

Price used: $11.08, November 2, 2026

Ericsson LM Telephone Co valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds214 adding, 161 cuttingOf 38 active managers that changed their stake, 21 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Ericsson LM Telephone files

Where Ericsson LM Telephone Co stands after its latest Filing

Revenue for the twelve months was $24.2bn, up 3.2% on a year earlier, against a decline of 5.6% a quarter earlier. Free-cash-flow margin fell to 12.8% from 15.2% a year earlier. Operating margin widened to 16.3% from 13.7%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 5 of our 6 financial-health checks. Our cash-flow model value is $13.01 a share, against a share price of $11.18. At that price, our model says the market is pricing in cash flow shrinking about 0.7% a year for five years, close to the -0.9% a year revenue growth it has delivered.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 22, 2027 (estimated)

Ericsson LM Telephone Co's trailing-twelve-month revenue grew 3.2% year on year, with a free-cash-flow margin of 12.8%. Where it stands out: operating margin of 16.3% ranks 7 of 40 communications equipment companies we cover.

Our discounted-cash-flow model values the business at ~$13 per share in the base case (~$9.8–$17 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 25.4% while net income grew 153538.7%: a 153564pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 8.8 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 14.6 points on a year ago.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Weakest spot: revenue growth. Revenue growth of 3.2% ranks 26 of 40 communications equipment companies we cover (median 11.3%).

Latest results

Earnings per share
$0.20 against an average estimate of $0.14: beat by 37.6%
Next report
January 22, 2027

Ericsson LM Telephone's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.9%
  • 1 week+1.7%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$24.2B
Operating margin
16.3%
Net margin
12.0%
EPS (TTM, diluted)
$0.87

Growth

Revenue growth
+3.2%
Change in growth rate
+8.8 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
$3.1B
FCF margin
12.8%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for ERIC from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Ericsson LM Telephone Co valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 1.0% a year for five years.That is close to the -0.9% a year revenue growth Ericsson LM Telephone has delivered.

  • Priced in-1.0%
  • Last 12 months3.2%
  • 3 years a year-3.5%
  • 5 years a year-0.9%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($10.98, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$13
Price used
$10.98close November 3, 2026
Implied change
▲ +18%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Ericsson LM Telephone Co's free cash flow after stock-based pay with after-tax interest added back ($2.6B, FY2025 Q4 TTM), growing 2% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$9.8–~$17 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Ericsson LM Telephone Co's free cash flow after stock-based pay ( $2.6B, FY2025 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Ericsson LM Telephone Co as an operating company, with every model that fits that kind of business. Cost of equity 10.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.19 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$13 ~$9.8–$17 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$21 ~$19–$34 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$3.2 ~$2.5–$4.0 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$3.0 ~$2.7–$3.4 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$11 ~$3.0–$21 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Ericsson LM Telephone Co with Communications Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −25%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −8%
  • Last year's free-cash-flow margin change, if it persists ▼ −27%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $11$15$21$27$36$48
8.5% $9$12$15$20$27$35
10% $7$9$12$16$21$27

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 22, 2027, before the open.

Analysts' consensus

No analyst estimates are published for Ericsson LM Telephone Co: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.14 $0.20 +37.6%
Jun 2026 $0.11 $0.14 +30.2%
Mar 2026 $0.11 $0.12 +4.8%
Dec 2025 $0.25 $0.31 +26.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

7 analysts, Nov 2026
Buy00%
Hold343%
Sell457%

Monthly trend

  1. Nov 20263227
  2. Oct 20263227
  3. Sep 20264127

Counts of recommendations published by analysts covering Ericsson LM Telephone Co, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.4%
of tradable shares
Days to cover
7.21
at average volume
Short interest, 1 month
+12%
to October 15, 2026
Held by institutions
12%
of shares
Held by insiders
0.0%
of shares
Employees
85,417
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Options strategies

All options ideas

How Ericsson LM Telephone Co’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Ericsson LM Telephone Co in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Ericsson LM Telephone Co
$22B $24B $26B $28B $30B FY15 Q4 FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue (TTM), FY15 Q4: $29.3B Revenue (TTM), FY16 Q4: $25.8B Revenue (TTM), FY17 Q4: $24.1B Revenue (TTM), FY18 Q4: $24.3B Revenue (TTM), FY19 Q4: $24B Revenue (TTM), FY20 Q4: $25.3B Revenue (TTM), FY21 Q4: $27.1B Revenue (TTM), FY22 Q4: $26.9B Revenue (TTM), FY23 Q4: $24.8B Revenue (TTM), FY24 Q4: $23.5B Revenue (TTM), FY25 Q4: $24.2B $24.2B

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY15 Q4 $29.3B
FY16 Q4 $25.8B
FY17 Q4 $24.1B
FY18 Q4 $24.3B
FY19 Q4 $24B
FY20 Q4 $25.3B
FY21 Q4 $27.1B
FY22 Q4 $26.9B
FY23 Q4 $24.8B
FY24 Q4 $23.5B
FY25 Q4 $24.2B
Revenue growth, TTM YoY Ericsson LM Telephone Co
-15% -10% -5% 0% 5% 10% FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Revenue growth, TTM YoY, FY16 Q4: -11.9% Revenue growth, TTM YoY, FY17 Q4: -6.6% Revenue growth, TTM YoY, FY18 Q4: 0.9% Revenue growth, TTM YoY, FY19 Q4: -1.1% Revenue growth, TTM YoY, FY20 Q4: 5.3% Revenue growth, TTM YoY, FY21 Q4: 7.1% Revenue growth, TTM YoY, FY22 Q4: -0.6% Revenue growth, TTM YoY, FY23 Q4: -7.8% Revenue growth, TTM YoY, FY24 Q4: -5.6% Revenue growth, TTM YoY, FY25 Q4: 3.2% 3.2%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY16 Q4 -11.9%
FY17 Q4 -6.6%
FY18 Q4 0.9%
FY19 Q4 -1.1%
FY20 Q4 5.3%
FY21 Q4 7.1%
FY22 Q4 -0.6%
FY23 Q4 -7.8%
FY24 Q4 -5.6%
FY25 Q4 3.2%
Operating margin (TTM) Ericsson LM Telephone Co
-20% -10% 0% 10% 20% FY15 Q4 FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Operating margin (TTM), FY15 Q4: 8.8% Operating margin (TTM), FY16 Q4: 2.4% Operating margin (TTM), FY17 Q4: -16.9% Operating margin (TTM), FY18 Q4: 0.6% Operating margin (TTM), FY19 Q4: 4.6% Operating margin (TTM), FY20 Q4: 12.0% Operating margin (TTM), FY21 Q4: 13.7% Operating margin (TTM), FY22 Q4: 10.0% Operating margin (TTM), FY23 Q4: -7.7% Operating margin (TTM), FY24 Q4: 1.7% Operating margin (TTM), FY25 Q4: 16.3% 16.3%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY15 Q4 8.8%
FY16 Q4 2.4%
FY17 Q4 -16.9%
FY18 Q4 0.6%
FY19 Q4 4.6%
FY20 Q4 12.0%
FY21 Q4 13.7%
FY22 Q4 10.0%
FY23 Q4 -7.7%
FY24 Q4 1.7%
FY25 Q4 16.3%
FCF margin (TTM) Ericsson LM Telephone Co
0% 5% 10% 15% 20% FY15 Q4 FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 FCF margin (TTM), FY15 Q4: 5.0% FCF margin (TTM), FY16 Q4: 3.6% FCF margin (TTM), FY17 Q4: 2.8% FCF margin (TTM), FY18 Q4: 2.5% FCF margin (TTM), FY19 Q4: 5.2% FCF margin (TTM), FY20 Q4: 10.5% FCF margin (TTM), FY21 Q4: 15.2% FCF margin (TTM), FY22 Q4: 9.7% FCF margin (TTM), FY23 Q4: 1.5% FCF margin (TTM), FY24 Q4: 17.7% FCF margin (TTM), FY25 Q4: 12.8% 12.8%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY15 Q4 5.0%
FY16 Q4 3.6%
FY17 Q4 2.8%
FY18 Q4 2.5%
FY19 Q4 5.2%
FY20 Q4 10.5%
FY21 Q4 15.2%
FY22 Q4 9.7%
FY23 Q4 1.5%
FY24 Q4 17.7%
FY25 Q4 12.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Ericsson LM Telephone took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $24.2B
  2. Cost of revenue $12.7B · 52.4%
  3. Gross profit $11.5B · 47.6%
  4. Research and development $5B · 20.6%
  5. Other operating costs $2.6B · 10.6%
  6. Operating income $4B · 16.3%
  7. Income tax $981M · 4.1%
  8. Net income $2.9B · 12.0%

Shares of revenue. Source: Ericsson LM Telephone's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 29.3 25.8 24.1 24.3 24.0 25.3 27.1 26.9 24.8 23.5 24.2
Gross profit 10.2 7.6 5.6 7.9 9.0 10.2 11.7 11.2 9.6 10.3 11.5
EBITDA 3.8 1.6 −3.1 1.0 2.0 3.9 4.7 3.7 −0.9 1.4 4.9
Operating income 2.6 0.6 −4.1 0.1 1.1 3.0 3.7 2.7 −1.9 0.4 4.0
Net income 1.6 0.1 −3.8 −0.8 0.2 1.9 2.6 1.9 −2.5 0.0 2.9
Diluted EPS $0.49 $0.03 −$1.17 −$0.23 $0.07 $0.57 $0.79 $0.56 −$0.75 $0.00 $0.87
Growth (year on year)
Revenue — −11.9% −6.6% +0.9% −1.1% +5.3% +7.1% −0.6% −7.8% −5.6% +3.2%
EBITDA — −56.6% −287.1% — +107.8% +92.2% +20.4% −21.4% −123.5% — +258.5%
Operating income — −76.5% −770.8% — — +171.0% +22.4% −27.7% −171.5% — —
Net income — −93.9% — — — — +39.0% −29.8% −234.3% — —
Diluted EPS — −94.0% — — — — +38.7% −29.8% −234.3% — —
Margins
Gross margin 34.8% 29.6% 23.3% 32.3% 37.3% 40.3% 43.4% 41.7% 38.6% 44.1% 47.6%
EBITDA margin 13.0% 6.4% −12.8% 4.0% 8.4% 15.4% 17.3% 13.7% −3.5% 5.8% 20.1%
Operating margin 8.8% 2.4% −16.9% 0.6% 4.6% 12.0% 13.7% 10.0% −7.7% 1.7% 16.3%
Net margin 5.5% 0.4% −15.9% −3.1% 1.0% 7.5% 9.8% 6.9% −10.0% 0.0% 12.0%
Free-cash-flow margin 5.0% 3.6% 2.8% 2.5% 5.2% 10.5% 15.2% 9.7% 1.5% 17.7% 12.8%
Cash flow
Cash from operations 2.4 1.6 1.1 1.1 1.8 3.1 4.6 3.1 0.7 4.4 3.4
Capital spending 1.0 0.7 0.5 0.5 0.5 0.5 0.4 0.4 0.3 0.2 0.3
Free cash flow 1.5 0.9 0.7 0.6 1.2 2.7 4.1 2.6 0.4 4.2 3.1
Balance sheet
Cash 4.8 4.1 4.4 4.3 4.8 5.3 6.0 3.7 3.5 4.0 4.8
Total debt 0.0 3.5 4.1 3.7 4.9 4.3 4.6 3.4 5.6 3.8 3.6
Net debt (negative = net cash) −4.8 −0.6 −0.3 −0.6 0.1 −1.0 −1.4 −0.2 2.1 −0.2 −1.2
Diluted shares 3,282m 3,303m 3,277m 3,291m 3,320m 3,326m 3,332m 3,334m 3,330m 3,339m 3,342m
Returned to shareholders
Dividends 1.3 1.4 0.4 0.4 0.5 0.7 0.8 0.8 0.9 0.9 1.0
Total returned 1.3 1.4 0.4 0.4 0.5 0.7 0.8 0.8 0.9 0.9 1.0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 6 checks passed · December 31, 2025
What it owns · $30.3bn
Short-term assets $15.6bnLonger-term assets $14.7bn
What it owes, and who funded it · $23.9bn
Short-term liabilities $12.0bnShareholders' equity $11.9bn
  • Short-term assets cover short-term liabilities $15.6bn of assets due within a year against $12.0bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $4.8bn of cash against $3.6bn of debt.
  • Debt below 40% of shareholders' equity Debt is 30% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 26% to 30% over five years.
  • A year's operating cash flow covers at least 20% of debt $3.4bn of operating cash flow against $3.6bn of debt.
  • Operating profit covers interest at least five times over Operating income of $4.0bn against $41m of interest.

From Ericsson LM Telephone Co's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$976M
Returned to shareholders
31%
of free cash flow
Diluted share count
+0.1%
year over year
Total shareholder yield
2.6%
dividends 2.6% + buybacks 0.0% of market value
Dividend payout ratio
34%
of net income paid out
R&D spending
20.6%
of revenue

Competitors: side by side with peers

Closest by revenue in communications equipment
Last 12 months unless stated ERIC MSI ANET CSCO CIEN VSAT Median
Revenue, last 12 months $24.2bn $12.2bn $10.5bn $63.3bn $6.0bn $4.6bn $324m
Revenue growth, last 12 months 3.2% 10.3% 32.6% 11.8% 32.6% 1.3% 11.0%
Revenue growth, 3-year average — 8.2% 26.1% 3.6% 12.5% 18.8% 4.1%
Revenue growth, latest quarter — 13.3% 37.7% 17.6% 37.0% −1.2% 12.9%
Gross margin 47.6% 52.0% 63.0% 64.5% 44.1% — 43.7%
Operating margin 16.3% 24.9% 43.1% 24.3% 12.3% 2.4% 2.2%
Operating margin, 3-year average 4.4% 24.8% 42.5% 22.6% 7.5% −5.7% −1.4%
Net margin 12.0% 17.4% 38.4% 21.0% 10.9% −0.6% −0.0%
Cash from operations / revenue 13.9% 24.3% 50.3% 22.4% 17.5% 34.4% 9.9%
Free-cash-flow margin 12.8% 21.9% 48.9% 20.2% 13.5% 12.5% 7.7%
Free-cash-flow margin, 3-year average 10.3% 21.7% 47.2% 20.9% 11.3% 2.2% 2.2%
Stock pay / revenue — 2.9% 4.8% 6.0% 3.5% 2.1% 3.9%
Change in share count 0.1% −1.8% −0.3% −0.3% 0.1% 4.9% 1.5%

Median of all 40 companies we cover in communications equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 communications equipment companies
Measure Company Peer median Rank
Revenue growth Growth 3.2% 11.3% 26 of 40
Change in growth rate Growth +8.8pp +2.0pp 12 of 40
Gross margin Profitability 47.6% 44.1% 16 of 36
Operating margin Profitability 16.3% 2.4% 7 of 40
Net margin Profitability 12.0% 0.6% 10 of 40
Free-cash-flow margin Cash generation 12.8% 8.2% 12 of 38
Long-term debt as % of assets Balance sheet 10.4% 10.4% 12 of 23
Change in share count Balance sheet 0.1% 1.6% 14 of 36

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$3.5B
Institutions reporting
389
Shares held vs prior quarter
▲ 0.5%
Positions opened / closed
63 / 50

Top buyers and sellers, Q2 2026: 214 institutions bought and 161 sold ; the biggest buyer was Goldman Sachs Group Inc (+7.8M shares) and the biggest seller Hotchkis & Wiley Capital Management LLC (−13.6M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Hotchkis & Wiley Capital Management LLC $766M 68.7M 21.7% ▼ 16.5%
Acadian Asset Management LLC $692M 62.0M 19.6% ▼ 4.3%
Primecap Management Co $464M 41.6M 13.2% ▲ 11.0%
Goldman Sachs Group Inc $170M 15.3M 4.8% ▲ 104.9%
Arrowstreet Capital, Limited Partnership $169M 15.2M 4.8% ▲ 10.7%
Morgan Stanley $147M 13.2M 4.2% ▲ 42.5%
Bank Of America Corp $90.7M 8.1M 2.6% ▲ 20.2%
UBS Group AG $67.6M 6.1M 1.9% ▲ 349.8%
Ameriprise Financial Inc $58.1M 5.2M 1.6% ▲ 31.2%
Sei Investments Co $57.6M 5.2M 1.6% ▼ 3.1%
FMR LLC $56.3M 5.1M 1.6% ▲ 1.8%
Lazard Asset Management LLC $50.1M 4.5M 1.4% ▲ 15.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Ericsson LM Telephone Co's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 16 trades and filings

No trades in Ericsson LM Telephone Co disclosed in the last 12 months; 16 earlier trades on record.

  • Daniel S. Goldman(D-NY 10):Sale (full), $1,001 - $15,000, traded July 10, 2023, filed August 13, 2023
  • Daniel S. Goldman(D-NY 10):Sale (partial), $1,001 - $15,000, traded March 31, 2023, filed April 17, 2023
  • Daniel S. Goldman(D-NY 10):Purchase, $1,001 - $15,000, traded February 27, 2023, filed March 20, 2023

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K

Data status

When each part of this page on Ericsson LM Telephone Co was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Ericsson LM Telephone Co in brief

What does Ericsson LM Telephone Co do?
Ericsson LM Telephone Co is a US-listed company in the communications equipment industry. Its financial year ends in December.
What is Ericsson LM Telephone Co's stock ticker?
Ericsson LM Telephone Co trades under the ticker ERIC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Ericsson LM Telephone Co's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Ericsson LM Telephone Co reported revenue of $24.2B, 3.2% higher than a year earlier, according to its SEC filings.
What is Ericsson LM Telephone Co's free cash flow?
Ericsson LM Telephone Co's free-cash-flow margin is 12.8% of revenue over the trailing twelve months, ranking 12 of the 38 communications equipment companies we cover.
What is Ericsson LM Telephone Co's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Ericsson LM Telephone Co's free cash flow after stock-based pay gives ~$13 per share in the base case, and ~$9.8–$17 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Ericsson LM Telephone Co's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Hotchkis & Wiley Capital Management LLC, Acadian Asset Management LLC and Primecap Management Co. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Does Ericsson LM Telephone Co pay a dividend?
Yes: Ericsson LM Telephone Co paid $976M in dividends over the trailing twelve months, a dividend yield of 2.61% and a payout ratio of 33.6%.
How much debt does Ericsson LM Telephone Co have?
Ericsson LM Telephone Co's debt-to-equity ratio is 30.3%, from its latest balance sheet (25.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Ericsson LM Telephone Co's competitors?
In our Communications Equipment peer group, the companies closest to Ericsson LM Telephone Co are Motorola Solutions, Arista Networks, Cisco, Ciena and Viasat Inc. The side-by-side comparison below sets their revenue, margins and growth against Ericsson LM Telephone Co's.
When is Ericsson LM Telephone Co's next earnings date?
Around January 22, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Ericsson LM Telephone Co announces its own schedule.