profit from every SEK 100 of sales.
SEK 0SEK 100
NIBE Industrier
SEK 44.74-0.29% today
+25.4% in 1 year
1-year low SEK 32.761-year high SEK 46.04
Trading close to its highest price of 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 39.61 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 NIBE Industrier sold, what it kept, and what it did with the cash.
Sales went from SEK 40.1 billion in 2022 to SEK 40.8 billion in 2025, with SEK 2.28 billion of profit last year.
SalesProfit
NIBE Industrier handed back 19% of the cash it generated last year.
SEK 606M
Free cash flow 2025SEK 3.2B
Bought back its own shares–
Paid as dividendsSEK 606M
Cash vs. debtSEK 4.8B vs. SEK 21.8B
NIBE Industrier vs. similar companies
NIBE Industrier 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 |
|---|---|---|---|
| NIBE Industrier | 39.6× · Expensive | ||
 Trane Technologies | 31.9× · Expensive | ||
 Johnson Controls International | 26.6× · Fair price | ||
 Carrier Global | 30.1× · Expensive | ||
 Compagnie de Saint-Gobain | 12.8× · Cheap |
AI analysis
An AI analyst reads NIBE Industrier'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 |
|---|---|---|---|---|
| 40,071 | 46,649 | 40,521 | 40,841 | |
| 12,609 | 15,623 | 10,974 | 12,865 | |
| 5,221 | 6,428 | 1,818 | 4,058 | |
| 7,532 | 9,037 | 5,200 | 6,349 | |
| 4,351 | 4,785 | 1,173 | 2,277 | |
| 2.16 | 2.37 | 0.58 | 1.13 | |
| 31.5% | 33.5% | 27.1% | 31.5% | |
| 13.0% | 13.8% | 4.5% | 9.9% | |
| 10.9% | 10.3% | 2.9% | 5.6% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 53,994 | 68,104 | 70,406 | 65,055 |
| Cash | 4,627 | 3,756 | 5,028 | 4,783 |
| Total debt | 11,143 | 20,960 | 23,738 | 21,827 |
| Total liabilities | 26,021 | 37,897 | 38,266 | 34,765 |
| 27,935 | 30,160 | 32,098 | 30,253 | |
| 2,016 | 2,016 | 2,016 | 2,016 | |
| 12.1% | 11.2% | 4.2% | 6.4% | |
| 15.6% | 15.9% | 3.7% | 7.5% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,614 | 2,580 | 4,006 | 4,888 | |
| 2,241 | 3,720 | 2,647 | 1,649 | |
| 373 | -1,140 | 1,359 | 3,239 | |
| Dividends paid | 1,009 | 1,310 | 1,310 | 606 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 39.6×
- –
- –
- 2.4×
- 2.2×
- 27.8×
- 16.9×
- 3.6%
- 2.5%
- 0.7%
Profitability
- 31.5%
- 9.9%
- 5.6%
- –
- 6.4%
- 8.5%
- –
- –
- –
- –
Growth
- +0.6%
- −19.4%
- –
- –
- +0.0%
Financial health
- 2.7×
- 0.72
- –
- 4.0×
- 1.55
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 40%of 982
Top 41%of 989
Bottom 19%of 870
Bottom 20%of 986
Top 48%of 988
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
26.6% of its profit
Room to growStretchedMore than it earns: 18.7%
News
NIBE Industrier AB (publ) reports Q2 resultsSeeking Alpha · Aug 21, 2026The newest story we have is from Aug 21, 2026.
Insider 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
0/7Passes 0 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
36No pass
Benjamin Graham
40No pass
Philip Fisher
27No pass
Peter Lynch
19No pass
Joel Greenblatt
12No pass
Charlie Munger
25No pass
Terry Smith
28No pass
Questions about NIBE Industrier
Is NIBE Industrier a good stock to buy?
A business with weak numbers, but the price is high. 0 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 NIBE Industrier AI analysis
What does NIBE Industrier do?
NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control. It is in Building Products & Equipment, based in Markaryd, Sweden, with 20,500 employees.
Does NIBE Industrier pay a dividend?
Yes. At today's price the dividend is 0.7% a year, about 27% of its yearly profit. In 2025 it paid out SEK 606 million in dividends.
Is NIBE Industrier stock halal?
Yes. NIBE Industrier passes our halal screen: its business is permitted and its debt is 24% of its market value, under the 30% limit. How we check
How has NIBE Industrier stock done over the past year?
Up 25.4% over the past twelve months, to SEK 44.74. It traded between SEK 32.76 and SEK 46.04 and is 2.8% below its high.
Who are NIBE Industrier's competitors?
The largest listed companies in the same industry are Trane Technologies, Johnson Controls International, Carrier Global and Compagnie de Saint-Gobain. The peers table on this page compares their profit, growth and price with NIBE Industrier's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.