profit from every SEK 100 of sales.
SEK 0SEK 100
Billerud
SEK 88.25+0.80% today
-2.9% in 1 year
1-year low SEK 59.351-year high SEK 95.85
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 30.87 for every SEK 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Billerud sold, what it kept, and what it did with the cash.
Sales went from SEK 42.6 billion in 2022 to SEK 40.5 billion in 2025, with SEK 711 million of profit last year.
SalesProfit
Billerud handed back more cash to shareholders than it generated last year.
SEK 870M
Free cash flow 2025SEK 511M
Bought back its own shares–
Paid as dividendsSEK 870M
Cash vs. debtSEK 1.3B vs. SEK 7.4B
Billerud vs. similar companies
Billerud grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| Billerud | 30.9× · Expensive | ||
 UPM-Kymmene Oyj | 24.5× · Fair price | ||
 Suzano | 5.1× · Cheap | ||
 Svenska Cellulosa Aktiebolaget SCA (publ) | 26.3× · Fair price | ||
 Shandong Sunpaper | 11.7× · Cheap |
AI analysis
An AI analyst reads Billerud'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 |
|---|---|---|---|---|
| 42,590 | 41,224 | 43,453 | 40,488 | |
| 23,078 | 18,917 | 21,206 | 19,355 | |
| 5,595 | 705 | 2,432 | 806 | |
| 8,511 | 3,332 | 5,523 | 4,048 | |
| 4,590 | 484 | 1,747 | 711 | |
| 20.09 | 1.95 | 7.02 | 2.86 | |
| 54.2% | 45.9% | 48.8% | 47.8% | |
| 13.1% | 1.7% | 5.6% | 2.0% | |
| 10.8% | 1.2% | 4.0% | 1.8% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 51,415 | 47,926 | 50,229 | 47,389 |
| Cash | 2,046 | 2,304 | 2,561 | 1,281 |
| Total debt | 5,434 | 7,578 | 7,966 | 7,393 |
| Total liabilities | 22,161 | 20,981 | 21,250 | 19,646 |
| 29,254 | 26,945 | 28,979 | 27,743 | |
| 228 | 248 | 249 | 249 | |
| 13.8% | 1.3% | 5.7% | 2.7% | |
| 15.7% | 1.8% | 6.0% | 2.6% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 6,829 | 3,290 | 3,030 | 3,167 | |
| 3,330 | 3,177 | 2,437 | 2,656 | |
| 3,499 | 113 | 593 | 511 | |
| Dividends paid | 890 | 1,864 | 497 | 870 |
| – | – | – | – | |
| 22 | 23 | 4 | 2 |
Valuation
- 30.9×
- –
- –
- 0.5×
- 0.5×
- 43.0×
- 6.9×
- 2.3%
- 3.2%
- 4.0%
Profitability
- 47.8%
- 2.0%
- 1.8%
- –
- 2.7%
- 5.9%
- –
- –
- –
- –
Growth
- −1.7%
- −47.8%
- –
- –
- +2.9%
Financial health
- 1.5×
- 0.27
- –
- 4.1×
- 1.32
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 25%of 989
Bottom 16%of 954
Bottom 33%of 773
Bottom 31%of 933
Top 49%of 988
4.0%of the share price, paid each year
On $1,000 invested$40a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
122.4% of its profit
Room to growStretchedMore than it earns: 170.3%
News
Congress Wants China Chip Limits in the Defense Bill After Nvidia’s Spy ScandalYahoo Finance · Nov 10, 2026'There's no question about it': Warren Buffett and Bill Gates reveal the same 1-word secret to successYahoo Finance · Nov 8, 2026Billionaires Warren Buffett and Bill Ackman Deliver a Similar, Shocking Warning to Wall Street. Here’s 1 Thing Investors Should Do Now.Yahoo Finance · Nov 8, 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
1/7Passes 1 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
32No pass
Benjamin Graham
67Pass
Philip Fisher
27No pass
Peter Lynch
18No pass
Joel Greenblatt
14No pass
Charlie Munger
25No pass
Terry Smith
21No pass
Questions about Billerud
Is Billerud a good stock to buy?
A business with weak numbers, but the price is high. 1 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 Billerud AI analysis
What does Billerud do?
Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Other segments. It is in Paper & Paper Products, based in Solna, Sweden, with 5,464 employees.
Does Billerud pay a dividend?
Yes. At today's price the dividend is 4.0% a year, about 122% of its yearly profit. In 2025 it paid out SEK 870 million in dividends.
Is Billerud stock halal?
No. Billerud does not pass our halal screen: its debt is 34% of its market value, at or above the 33% limit. How we check
How has Billerud stock done over the past year?
Down 2.9% over the past twelve months, to SEK 88.25. It traded between SEK 59.35 and SEK 95.85 and is 7.9% below its high.
Who are Billerud's competitors?
The largest listed companies in the same industry are UPM-Kymmene Oyj, Suzano, Svenska Cellulosa Aktiebolaget SCA (publ) and Shandong Sunpaper. The peers table on this page compares their profit, growth and price with Billerud's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.