profit from every DKK 100 of sales.
DKK 0DKK 100
Per Aarsleff
DKK 722.00+0.84% today
-16.5% in 1 year
1-year low DKK 636.001-year high DKK 909.00
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 DKK 15.53 for every DKK 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 Per Aarsleff sold, what it kept, and what it did with the cash.
Sales went from DKK 18.1 billion in 2022 to DKK 22.6 billion in 2025, with DKK 876 million of profit last year.
SalesProfit
Per Aarsleff handed back 20% of the cash it generated last year.
Buybacks DKK 169MDKK 208M
Free cash flow 2025DKK 1.9B
Bought back its own sharesDKK 169M
Paid as dividendsDKK 208M
Cash vs. debtDKK 1.2B vs. DKK 1.7B
Per Aarsleff vs. similar companies
Per Aarsleff grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from DKK 100 of sales | Sales growth a year | Price per DKK 1 of profit |
|---|---|---|---|
| Per Aarsleff | 15.5× · Fair price | ||
 Quanta Services | 88.8× · Very expensive | ||
 Larsen & Toubro | 35.6× · Expensive | ||
 Ferrovial | 44.8× · Expensive | ||
 Comfort Systems USA | 38.6× · Expensive |
AI analysis
An AI analyst reads Per Aarsleff'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 DKK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 18,118 | 20,244 | 21,719 | 22,620 | |
| 1,943 | 2,530 | 2,624 | 2,763 | |
| 712 | 1,069 | 1,092 | 1,177 | |
| 1,392 | 1,886 | 1,997 | 2,177 | |
| 447 | 786 | 806 | 876 | |
| 22.68 | 41.01 | 42.35 | 46.33 | |
| 10.7% | 12.5% | 12.1% | 12.2% | |
| 3.9% | 5.3% | 5.0% | 5.2% | |
| 2.5% | 3.9% | 3.7% | 3.9% |
Balance sheet
| In millions of DKK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 11,743 | 13,382 | 14,066 | 15,780 |
| Cash | 319 | 579 | 387 | 1,238 |
| Total debt | 1,941 | 2,506 | 1,803 | 1,678 |
| Total liabilities | 7,888 | 8,978 | 9,068 | 10,222 |
| 3,825 | 4,372 | 4,947 | 5,506 | |
| 20 | 20 | 19 | 19 | |
| 9.8% | 12.7% | 14.0% | 13.9% | |
| 11.7% | 18.0% | 16.3% | 15.9% |
Cash flow
| In millions of DKK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 516 | 1,102 | 1,981 | 2,788 | |
| 896 | 922 | 846 | 898 | |
| -380 | 180 | 1,135 | 1,890 | |
| Dividends paid | 158 | 152 | 191 | 208 |
| 157 | 123 | 78 | 169 | |
| – | – | – | – |
Valuation
- 15.5×
- –
- 0.58
- 2.5×
- 0.6×
- 7.2×
- 6.5×
- 13.9%
- 6.4%
- 1.5%
Profitability
- 12.2%
- 5.2%
- 3.9%
- –
- 13.7%
- 12.4%
- –
- –
- –
- –
Growth
- +7.7%
- +26.9%
- –
- –
- −0.7%
Financial health
- 0.2×
- 0.30
- –
- 17.6×
- 1.27
- –
- –
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 980
Bottom 26%of 986
Top 27%of 866
Top 46%of 986
Top 7%of 988
1.5%of the share price, paid each year
On $1,000 invested$15a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
23.7% of its profit
Room to growStretchedMore than it earns: 11.0%
News
No recent news on file.
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
4/7Passes 4 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
68Pass
Benjamin Graham
60Pass
Philip Fisher
60Pass
Peter Lynch
78Pass
Joel Greenblatt
47No pass
Charlie Munger
47No pass
Terry Smith
47No pass
Questions about Per Aarsleff
Is Per Aarsleff a good stock to buy?
A business with weak numbers at a fair price. 4 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 Per Aarsleff AI analysis
What does Per Aarsleff do?
Per Aarsleff Holding A/S provides infrastructure and construction services for societies in Denmark and internationally. It operates through Construction, Technical solutions, Rail, Ground Engineering, and Pipe Technologies segments. It is in Engineering & Construction, based in Viby J, Denmark, with 9,165 employees.
Does Per Aarsleff pay a dividend?
Yes. At today's price the dividend is 1.5% a year, about 24% of its yearly profit. In 2025 it paid out DKK 208 million in dividends.
Is Per Aarsleff stock halal?
Yes. Per Aarsleff passes our halal screen: its business is permitted and its debt is 12% of its market value, under the 30% limit. How we check
How has Per Aarsleff stock done over the past year?
Down 16.5% over the past twelve months, to DKK 722.00. It traded between DKK 636.00 and DKK 909.00 and is 20.6% below its high.
Who are Per Aarsleff's competitors?
The largest listed companies in the same industry are Quanta Services, Larsen & Toubro, Ferrovial and Comfort Systems USA. The peers table on this page compares their profit, growth and price with Per Aarsleff's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.