profit from every SEK 100 of sales.

SSAB
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.
You pay SEK 18.93 for every SEK 1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What SSAB sold, what it kept, and what it did with the cash.
Sales went from SEK 125 billion in 2022 to SEK 93.8 billion in 2025, with SEK 4.90 billion of profit last year.
SSAB vs. similar companies
SSAB grows the slowest 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 |
|---|---|---|---|
SSAB | 18.9× · Fair price | ||
Nucor | 32.4× · Expensive | ||
ArcelorMittal | 15.3× · Fair price | ||
JSW Steel | 14.7× · Cheap | ||
Steel Dynamics | 27.3× · Fair price |
AI analysis
An AI analyst reads SSAB'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 |
|---|---|---|---|---|
| 124,979 | 116,471 | 100,483 | 93,774 | |
| -2,117 | 19,535 | 11,557 | 9,944 | |
| -5,392 | 16,503 | 7,855 | 5,931 | |
| 32,584 | 21,180 | 13,252 | 10,893 | |
| -10,886 | 13,029 | 6,522 | 4,902 | |
| -10.57 | 12.67 | 6.54 | 4.92 | |
| -1.7% | 16.8% | 11.5% | 10.6% | |
| -4.3% | 14.2% | 7.8% | 6.3% | |
| -8.7% | 11.2% | 6.5% | 5.2% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 109,711 | 107,839 | 110,728 | 106,129 |
| Cash | 24,900 | 28,915 | 27,810 | 22,766 |
| Total debt | 10,676 | 10,622 | 10,152 | 11,344 |
| Total liabilities | 42,521 | 39,891 | 39,713 | 38,307 |
| 67,124 | 67,872 | 70,966 | 67,785 | |
| 1,030 | 1,028 | 998 | 997 | |
| -4.2% | 17.7% | 8.9% | 6.8% | |
| -16.2% | 19.2% | 9.2% | 7.2% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 18,156 | 21,473 | 11,896 | 10,079 | |
| 4,948 | 6,567 | 8,215 | 13,532 | |
| 13,208 | 14,906 | 3,681 | -3,453 | |
| Dividends paid | 5,406 | 8,960 | 4,983 | 2,591 |
| 0 | 1,292 | 1,215 | 0 | |
| – | – | – | – |
Valuation
- 18.9×
- –
- –
- 1.4×
- 1.0×
- –
- 7.5×
- -3.7%
- 5.3%
- 2.8%
Profitability
- 10.6%
- 6.3%
- 5.2%
- –
- 6.8%
- 7.3%
- –
- –
- –
- –
Growth
- −9.1%
- –
- –
- –
- −1.1%
Financial health
- -1.0×
- 0.17
- –
- 11.5×
- 2.48
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
52.9% of its profit
Room to growStretchedMore than it earnsNews
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
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.
Questions about SSAB
Is SSAB a good stock to buy?
A business with weak numbers at a fair price. 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 SSAB AI analysis
What does SSAB do?
SSAB AB (publ) engages in the production and sale of steel products in Sweden, Finland, Germany, Poland, Denmark, Asia, the Rest of Europe, the United States, and internationally. It is in Steel, based in Stockholm, Sweden, with 14,650 employees.
Does SSAB pay a dividend?
Yes. At today's price the dividend is 2.8% a year, about 53% of its yearly profit. In 2025 it paid out SEK 2.59 billion in dividends.
Is SSAB stock halal?
Yes. SSAB 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 SSAB stock done over the past year?
Up 33.2% over the past twelve months, to SEK 93.00. It traded between SEK 67.28 and SEK 109.40 and is 15.0% below its high.
Who are SSAB's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with SSAB's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



