Telefonaktiebolaget LM Ericsson Class B
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware and software solutions, and related service offerings. This segment also provides radio… Read more
Telefonaktiebolaget LM Ericsson Class B (ERIXF) - Net Assets
Latest net assets as of December 2025: $109.99 Billion USD
Based on the latest financial reports, Telefonaktiebolaget LM Ericsson Class B (ERIXF) has net assets worth $109.99 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($278.52 Billion) and total liabilities ($168.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $109.99 Billion |
| % of Total Assets | 39.49% |
| Annual Growth Rate | 7.19% |
| 5-Year Change | 2.7% |
| 10-Year Change | -21.71% |
| Growth Volatility | 512.54 |
Telefonaktiebolaget LM Ericsson Class B - Net Assets Trend (1986–2025)
This chart illustrates how Telefonaktiebolaget LM Ericsson Class B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Telefonaktiebolaget LM Ericsson Class B (1986–2025)
The table below shows the annual net assets of Telefonaktiebolaget LM Ericsson Class B from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $109.99 Billion | +18.29% |
| 2024-12-31 | $92.98 Billion | -4.54% |
| 2023-12-31 | $97.41 Billion | -26.93% |
| 2022-12-31 | $133.30 Billion | +24.47% |
| 2021-12-31 | $107.10 Billion | +25.74% |
| 2020-12-31 | $85.18 Billion | +4.03% |
| 2019-12-31 | $81.88 Billion | -6.71% |
| 2018-12-31 | $87.77 Billion | -12.38% |
| 2017-12-31 | $100.18 Billion | -28.70% |
| 2016-12-31 | $140.49 Billion | -4.66% |
| 2015-12-31 | $147.37 Billion | +1.42% |
| 2014-12-31 | $145.31 Billion | +2.60% |
| 2013-12-31 | $141.62 Billion | +2.27% |
| 2012-12-31 | $138.48 Billion | -4.67% |
| 2011-12-31 | $145.27 Billion | -1.03% |
| 2010-12-31 | $146.78 Billion | +3245.25% |
| 2009-12-31 | $4.39 Billion | -96.91% |
| 2008-12-31 | $142.08 Billion | +5.02% |
| 2007-12-31 | $135.29 Billion | +12.23% |
| 2006-12-31 | $120.54 Billion | +14.31% |
| 2005-12-31 | $105.45 Billion | +33.69% |
| 2004-12-31 | $78.88 Billion | +25.75% |
| 2003-12-31 | $62.73 Billion | -17.72% |
| 2002-12-31 | $76.24 Billion | +5.76% |
| 2001-12-31 | $72.09 Billion | -24.23% |
| 2000-12-31 | $95.13 Billion | +33.45% |
| 1999-12-31 | $71.28 Billion | +9.31% |
| 1998-12-31 | $65.21 Billion | +13.80% |
| 1997-12-31 | $57.30 Billion | +30.71% |
| 1996-12-31 | $43.84 Billion | +22.87% |
| 1995-12-31 | $35.68 Billion | +42.38% |
| 1994-12-31 | $25.06 Billion | +7.54% |
| 1993-12-31 | $23.30 Billion | +21.24% |
| 1992-12-31 | $19.22 Billion | +1.54% |
| 1991-12-31 | $18.93 Billion | +13.53% |
| 1990-12-31 | $16.67 Billion | +52.31% |
| 1989-12-31 | $10.95 Billion | +26.56% |
| 1988-12-31 | $8.65 Billion | +15.41% |
| 1987-12-31 | $7.50 Billion | +2.34% |
| 1986-12-31 | $7.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Telefonaktiebolaget LM Ericsson Class B's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $109.26 Billion | 100.00% |
| Total Equity | $109.26 Billion | 100.00% |
Telefonaktiebolaget LM Ericsson Class B Competitors by Market Cap
The table below lists competitors of Telefonaktiebolaget LM Ericsson Class B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Constellation Brands Inc Class A
NYSE:STZ
|
$21.70 Billion |
|
AIB Group plc
PINK:AIBGY
|
$21.72 Billion |
|
Quest Diagnostics Incorporated
NYSE:DGX
|
$21.77 Billion |
|
Regions Financial Corporation
NYSE:RF
|
$21.78 Billion |
|
Oriental Land Co. Ltd
PINK:OLCLF
|
$21.62 Billion |
|
Bayer AG
PINK:BAYZF
|
$21.61 Billion |
|
Heidelberg Materials AG
XETRA:HEI
|
$21.59 Billion |
|
Ares Management LP
NYSE:ARES
|
$21.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telefonaktiebolaget LM Ericsson Class B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 94,284,000,000 to 109,260,228,000, a change of 14,976,228,000 (15.9%).
- Net income of 28,356,688,000 contributed positively to equity growth.
- Dividend payments of 9,521,056,000 reduced retained earnings.
- Other comprehensive income decreased equity by 10,515,000,000.
- Other factors increased equity by 6,655,596,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $28.36 Billion | +25.95% |
| Dividends Paid | $9.52 Billion | -8.71% |
| Other Comprehensive Income | $-10.52 Billion | -9.62% |
| Other Changes | $6.66 Billion | +6.09% |
| Total Change | $- | 15.88% |
Book Value vs Market Value Analysis
This analysis compares Telefonaktiebolaget LM Ericsson Class B's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.23x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.41x to 0.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | $5.27 | $7.43 | x |
| 1987-12-31 | $5.87 | $7.43 | x |
| 1988-12-31 | $6.05 | $7.43 | x |
| 1989-12-31 | $11.07 | $7.43 | x |
| 1990-12-31 | $10.89 | $7.43 | x |
| 1991-12-31 | $10.55 | $7.43 | x |
| 1992-12-31 | $12.87 | $7.43 | x |
| 1993-12-31 | $15.66 | $7.43 | x |
| 1994-12-31 | $19.72 | $7.43 | x |
| 1995-12-31 | $22.97 | $7.43 | x |
| 1996-12-31 | $25.63 | $7.43 | x |
| 1997-12-31 | $33.48 | $7.43 | x |
| 1998-12-31 | $39.54 | $7.43 | x |
| 1999-12-31 | $43.77 | $7.43 | x |
| 2000-12-31 | $58.15 | $7.43 | x |
| 2001-12-31 | $43.32 | $7.43 | x |
| 2002-12-31 | $29.08 | $7.43 | x |
| 2003-12-31 | $19.07 | $7.43 | x |
| 2004-12-31 | $24.58 | $7.43 | x |
| 2005-12-31 | $33.01 | $7.43 | x |
| 2006-12-31 | $37.73 | $7.43 | x |
| 2007-12-31 | $42.08 | $7.43 | x |
| 2008-12-31 | $43.97 | $7.43 | x |
| 2009-12-31 | $1.23 | $7.43 | x |
| 2010-12-31 | $44.98 | $7.43 | x |
| 2011-12-31 | $44.26 | $7.43 | x |
| 2012-12-31 | $42.16 | $7.43 | x |
| 2013-12-31 | $43.05 | $7.43 | x |
| 2014-12-31 | $44.13 | $7.43 | x |
| 2015-12-31 | $43.32 | $7.43 | x |
| 2016-12-31 | $42.33 | $7.43 | x |
| 2017-12-31 | $30.01 | $7.43 | x |
| 2018-12-31 | $26.21 | $7.43 | x |
| 2019-12-31 | $24.87 | $7.43 | x |
| 2020-12-31 | $26.06 | $7.43 | x |
| 2021-12-31 | $32.65 | $7.43 | x |
| 2022-12-31 | $40.44 | $7.43 | x |
| 2023-12-31 | $29.63 | $7.43 | x |
| 2024-12-31 | $28.24 | $7.43 | x |
| 2025-12-31 | $32.69 | $7.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telefonaktiebolaget LM Ericsson Class B utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.01%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.55x
- Recent ROE (25.95%) is above the historical average (2.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 7.72% | 1.74% | 0.94x | 4.69x | $-167.34 Million |
| 1987 | 9.84% | 2.22% | 1.00x | 4.46x | $-11.79 Million |
| 1988 | 15.22% | 4.13% | 0.92x | 4.01x | $451.17 Million |
| 1989 | 16.71% | 4.66% | 0.97x | 3.70x | $734.44 Million |
| 1990 | 20.59% | 7.39% | 0.99x | 2.82x | $1.77 Billion |
| 1991 | 5.28% | 1.93% | 0.92x | 2.96x | $-796.42 Million |
| 1992 | 2.75% | 1.02% | 0.84x | 3.22x | $-1.26 Billion |
| 1993 | 13.31% | 4.46% | 0.94x | 3.17x | $704.64 Million |
| 1994 | 16.95% | 4.68% | 1.16x | 3.13x | $1.62 Billion |
| 1995 | 15.87% | 5.46% | 1.10x | 2.65x | $1.99 Billion |
| 1996 | 17.57% | 5.65% | 1.12x | 2.77x | $3.06 Billion |
| 1997 | 22.70% | 7.12% | 1.14x | 2.80x | $6.72 Billion |
| 1998 | 20.66% | 7.07% | 1.10x | 2.65x | $6.73 Billion |
| 1999 | 17.54% | 5.63% | 1.06x | 2.93x | $5.21 Billion |
| 2000 | 22.92% | 7.68% | 1.09x | 2.73x | $11.93 Billion |
| 2001 | -31.01% | -9.17% | 0.93x | 3.65x | $-28.11 Billion |
| 2002 | -25.83% | -13.04% | 0.70x | 2.83x | $-26.43 Billion |
| 2003 | -17.93% | -9.21% | 0.65x | 3.02x | $-16.88 Billion |
| 2004 | 24.61% | 14.41% | 0.72x | 2.37x | $11.37 Billion |
| 2005 | 23.23% | 16.02% | 0.73x | 2.00x | $13.84 Billion |
| 2006 | 21.86% | 14.77% | 0.83x | 1.79x | $14.20 Billion |
| 2007 | 16.28% | 11.63% | 0.77x | 1.83x | $8.44 Billion |
| 2008 | 8.01% | 5.40% | 0.73x | 2.03x | $-2.81 Billion |
| 2009 | -219.42% | -12.32% | 2.08x | 8.56x | $-8.96 Billion |
| 2010 | 7.68% | 5.48% | 0.72x | 1.94x | $-3.36 Billion |
| 2011 | 8.52% | 5.37% | 0.81x | 1.96x | $-2.12 Billion |
| 2012 | 4.22% | 2.54% | 0.83x | 2.01x | $-7.91 Billion |
| 2013 | 8.56% | 5.28% | 0.84x | 1.92x | $-2.02 Billion |
| 2014 | 8.02% | 5.07% | 0.78x | 2.03x | $-2.86 Billion |
| 2015 | 9.25% | 5.49% | 0.87x | 1.94x | $-1.10 Billion |
| 2016 | 1.23% | 0.77% | 0.79x | 2.03x | $-12.27 Billion |
| 2017 | -35.37% | -17.49% | 0.77x | 2.62x | $-45.16 Billion |
| 2018 | -7.51% | -3.10% | 0.78x | 3.09x | $-15.23 Billion |
| 2019 | 2.69% | 0.98% | 0.82x | 3.35x | $-6.03 Billion |
| 2020 | 20.17% | 7.52% | 0.86x | 3.13x | $8.82 Billion |
| 2021 | 20.86% | 9.77% | 0.76x | 2.81x | $11.82 Billion |
| 2022 | 13.89% | 6.90% | 0.78x | 2.59x | $5.24 Billion |
| 2023 | -26.80% | -10.04% | 0.89x | 3.01x | $-36.31 Billion |
| 2024 | 0.02% | 0.01% | 0.85x | 3.10x | $-9.41 Billion |
| 2025 | 25.95% | 12.01% | 0.85x | 2.55x | $17.43 Billion |
Industry Comparison
This section compares Telefonaktiebolaget LM Ericsson Class B's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $249,853,981
- Average return on equity (ROE) among peers: -167.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telefonaktiebolaget LM Ericsson Class B (ERIXF) | $109.99 Billion | 7.72% | 1.53x | $21.68 Billion |
| AAC Technologies Holdings Inc (AACAY) | $2.13 Billion | 26.75% | 0.20x | $4.55 Billion |
| Applied Opt (AAOI) | $184.67 Million | -35.95% | 1.21x | $2.97 Billion |
| Ability Inc (ABILF) | $-9.25 Million | 0.00% | 0.00x | $544.32 |
| ADTRAN Inc (ADTN) | $172.88 Million | 23.03% | 0.22x | $752.12 Million |
| ADVA Optical Networking SE (ADVOF) | $49.92 Million | 9.77% | 0.55x | $243.68 Million |
| Airgain Inc (AIRG) | $31.41 Million | -39.56% | 0.42x | $42.45 Million |
| Aerkomm Inc (AKOM) | $11.60K | -116.20% | 1.30x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $556.32K | 82.02% | 0.41x | $46.20 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $493.54K |