profit from every SEK 100 of sales.
SEK 0SEK 100
AQ Group
SEK 223.20+2.57% today
+19.5% in 1 year
1-year low SEK 179.801-year high SEK 251.60
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay SEK 30.29 for every SEK 1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What AQ Group sold, what it kept, and what it did with the cash.
Sales went from SEK 7.05 billion in 2022 to SEK 9.07 billion in 2025, with SEK 676 million of profit last year.
SalesProfit
AQ Group handed back 21% of the cash it generated last year.
SEK 146M
Free cash flow 2025SEK 680M
Bought back its own shares–
Paid as dividendsSEK 146M
Cash vs. debtSEK 992M vs. SEK 566M
AQ Group vs. similar companies
AQ Group grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| AQ Group | 30.3× · Expensive | ||
 Contemporary Amperex Technology | 20.2× · Fair price | ||
 ABB | 32.2× · Expensive | ||
 Vertiv | 57.9× · Expensive | ||
 Delta Electronics (Thailand) Public | 91.5× · Very expensive |
AI analysis
An AI analyst reads AQ Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 7,053 | 8,968 | 8,554 | 9,071 | |
| 3,294 | 4,281 | 4,294 | 4,642 | |
| 488 | 820 | 840 | 851 | |
| 768 | 1,090 | 1,164 | 1,200 | |
| 410 | 632 | 665 | 676 | |
| 4.49 | 6.89 | 7.25 | 7.38 | |
| 46.7% | 47.7% | 50.2% | 51.2% | |
| 6.9% | 9.1% | 9.8% | 9.4% | |
| 5.8% | 7.0% | 7.8% | 7.5% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 5,704 | 5,960 | 6,567 | 6,909 |
| Cash | 231 | 426 | 919 | 992 |
| Total debt | 1,040 | 717 | 635 | 566 |
| Total liabilities | 2,524 | 2,199 | 2,157 | 2,222 |
| 3,164 | 3,742 | 4,389 | 4,667 | |
| 91 | 92 | 92 | 92 | |
| 9.6% | 14.3% | 13.6% | 13.1% | |
| 13.0% | 16.9% | 15.2% | 14.5% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 208 | 980 | 1,197 | 921 | |
| 288 | 255 | 188 | 241 | |
| -80 | 725 | 1,009 | 680 | |
| Dividends paid | 61 | 61 | 122 | 146 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 30.3×
- –
- 1.68
- 4.4×
- 2.3×
- 30.1×
- 16.7×
- 3.3%
- 3.3%
- 0.7%
Profitability
- 51.2%
- 9.4%
- 7.5%
- –
- 13.1%
- 12.6%
- –
- –
- –
- –
Growth
- +8.7%
- +18.0%
- –
- –
- +0.1%
Financial health
- -0.4×
- 0.12
- –
- 27.0×
- 2.63
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 20%of 979
Top 46%of 984
Bottom 31%of 862
Top 40%of 983
Bottom 47%of 986
0.7%of the share price, paid each year
On $1,000 invested$7a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
21.6% of its profit
Room to growStretchedMore than it earns: 21.5%
News
Analysts are cautious on Lucid Group after earningsSeeking Alpha · Nov 10, 2026Hesai Group reports mixed Q3 results; gives Q4 outlookSeeking Alpha · Nov 10, 2026Onity Group Q3 Earnings Call HighlightsYahoo Finance · Nov 7, 2026Why Essent Group Stock Slid by Nearly 8% TodayYahoo Finance · Nov 7, 2026Essent Group Ltd. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 6, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
66Pass
Benjamin Graham
53No pass
Philip Fisher
64Pass
Peter Lynch
58No pass
Joel Greenblatt
24No pass
Charlie Munger
56No pass
Terry Smith
52No pass
Questions about AQ Group
Is AQ Group a good stock to buy?
A business with weak numbers, but the price is high. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the AQ Group AI analysis
What does AQ Group do?
AQ Group AB (publ) develops, manufactures, and assembles components and systems for industrial customers in Sweden, Finland, Germany, the United States, China, France, Poland, China, Italy, the Netherlands, India, Canada, and internationally. It is in Electrical Equipment & Parts, based in Västerås, Sweden, with 7,944 employees.
Does AQ Group pay a dividend?
Yes. At today's price the dividend is 0.7% a year, about 22% of its yearly profit. In 2025 it paid out SEK 146 million in dividends.
Is AQ Group stock halal?
Yes. AQ Group passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has AQ Group stock done over the past year?
Up 19.5% over the past twelve months, to SEK 223.20. It traded between SEK 179.80 and SEK 251.60 and is 11.3% below its high.
Who are AQ Group's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with AQ Group's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.