profit from every SEK 100 of sales.
SEK 0SEK 100
Sandvik
SEK 362.10-1.95% today
+27.4% in 1 year
1-year low SEK 284.301-year high SEK 411.80
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 30.92 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 Sandvik sold, what it kept, and what it did with the cash.
Sales went from SEK 112 billion in 2022 to SEK 121 billion in 2025, with SEK 14.7 billion of profit last year.
SalesProfit
Sandvik handed back 47% of the cash it generated last year.
SEK 7.2B
Free cash flow 2025SEK 15.4B
Bought back its own sharesSEK 6M
Paid as dividendsSEK 7.2B
Cash vs. debtSEK 5.0B vs. SEK 37.1B
Sandvik vs. similar companies
Sandvik grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| Sandvik | 30.9× · Expensive | ||
 GE Vernova | 43.5× · Expensive | ||
 Schneider Electric S.E. | 34.4× · Expensive | ||
 Eaton | 33.6× · Expensive | ||
 Siemens Energy | 79.0× · Very expensive |
AI analysis
An AI analyst reads Sandvik'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 |
|---|---|---|---|---|
| 112,332 | 126,503 | 122,878 | 120,680 | |
| 45,370 | 52,047 | 49,136 | 49,002 | |
| 19,029 | 22,959 | 19,152 | 20,979 | |
| 26,026 | 29,875 | 26,993 | 28,697 | |
| 11,212 | 15,300 | 12,243 | 14,690 | |
| 8.94 | 12.18 | 9.75 | 11.70 | |
| 40.4% | 41.1% | 40.0% | 40.6% | |
| 16.9% | 18.1% | 15.6% | 17.4% | |
| 10.0% | 12.1% | 10.0% | 12.2% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 176,682 | 174,210 | 184,384 | 169,860 |
| Cash | 10,489 | 4,363 | 4,528 | 4,958 |
| Total debt | 52,057 | 45,081 | 42,756 | 37,123 |
| Total liabilities | 95,412 | 86,513 | 87,385 | 76,623 |
| 81,227 | 87,631 | 96,924 | 93,166 | |
| 1,255 | 1,256 | 1,256 | 1,255 | |
| 11.5% | 13.4% | 10.8% | 13.0% | |
| 13.8% | 17.5% | 12.6% | 15.8% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,465 | 18,797 | 20,607 | 19,189 | |
| 4,530 | 5,354 | 4,841 | 3,807 | |
| 5,935 | 13,443 | 15,766 | 15,382 | |
| Dividends paid | 5,955 | 6,261 | 6,880 | 7,203 |
| 270 | 242 | 61 | 6 | |
| – | – | – | – |
Valuation
- 30.9×
- –
- 3.30
- 4.8×
- 3.8×
- 29.5×
- 16.9×
- 3.4%
- 3.2%
- 1.6%
Profitability
- 40.6%
- 17.4%
- 12.2%
- –
- 13.0%
- 12.2%
- –
- –
- –
- –
Growth
- +2.4%
- +9.4%
- –
- –
- +0.0%
Financial health
- 1.1×
- 0.40
- –
- 11.7×
- 1.94
- –
- –
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 23%of 984
Top 17%of 987
Bottom 29%of 875
Bottom 27%of 988
Bottom 46%of 987
1.6%of the share price, paid each year
On $1,000 invested$16a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
49.0% of its profit
Room to growStretchedMore than it earns: 46.8%
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
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
53No pass
Benjamin Graham
45No pass
Philip Fisher
54No pass
Peter Lynch
26No pass
Joel Greenblatt
23No pass
Charlie Munger
51No pass
Terry Smith
46No pass
Questions about Sandvik
Is Sandvik a good stock to buy?
A solid business, 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 Sandvik AI analysis
What does Sandvik do?
Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. It is in Specialty Industrial Machinery, based in Stockholm, Sweden, with 41,962 employees.
Does Sandvik pay a dividend?
Yes. At today's price the dividend is 1.6% a year, about 49% of its yearly profit. In 2025 it paid out SEK 7.20 billion in dividends.
Is Sandvik stock halal?
Yes. Sandvik passes our halal screen: its business is permitted and its debt is 8% of its market value, under the 30% limit. How we check
How has Sandvik stock done over the past year?
Up 27.4% over the past twelve months, to SEK 362.10. It traded between SEK 284.30 and SEK 411.80 and is 12.1% below its high.
Who are Sandvik's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Siemens Energy. The peers table on this page compares their profit, growth and price with Sandvik's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.