OverviewSuggest Edit
Ericsson is a global provider of information and communication technology (ICT) to telecom operators. The company operates in four segments: Networks, Digital Services, Managed Services, and Emerging Business. The Networks segment develops, sells, licenses, and delivers hardware, software, and services to support digital transformation for the next generation of mobile services. The Digital Services provides solutions in the areas of business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure. The Managed Services segment offers Ericsson Operations Engine for managing and optimizing telecom networks. The Emerging Business segment is focused on new technologies, such as smart manufacturing, IoT connectivity, connected vehicles, security, and edge computing.
| Type | Public | |
| Founded | 1876 | |
| HQ | Stockholm, SE | Map |
| Website | ericsson.com | |
| Employee Ratings | More | |
| Overall Culture | C | More |
Key People/Management at Ericsson
Fredrik Jejdling
MajBritt Arfert
Arun Bansal
Chris Houghton
Niklas Heuveldop
Jan Karlsson
Ericsson Office Locations
Ericsson Financials and Metrics
Ericsson Revenue
| SEK | |
|---|---|
Revenue (FY, 2020) | 232.4b |
Revenue growth (FY, 2019 - FY, 2020), % | 2.3% |
Gross profit (FY, 2020) | 93.7b |
Gross profit margin (FY, 2020), % | 40.3% |
Net income (FY, 2020) | 17.6b |
EBIT (FY, 2020) | 27.8b |
Market capitalization (18-Feb-2021) | 369.7b |
Closing stock price (18-Feb-2021) | 109.8 |
Cash (31-Dec-2020) | 43.6b |
EV | 365.6b |
| SEK | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 36.7b | 37.0b | 36.1b | 45.5b | 45.5b | 51.2b | 48.3b | 45.7b | 48.8b |
Accounts Receivable | 42.5b | 41.6b | 41.5b | 50.5b | 45.0b | 41.2b | 42.6b | 38.3b | 38.2b |
Inventories | 29.0b | 30.1b | 30.6b | 33.0b | 36.1b | 36.1b | 32.6b | 31.9b | 32.8b |
Current Assets | 151.0b | 157.5b | 156.2b | 160.9b | 163.8b | 165.6b | 162.1b | 151.6b | 155.7b |
| SEK | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (725.0m) | (2.5b) | 221.0m | 2.4b | 4.3b | (2.6b) | 2.3b | 4.9b | 10.4b |
Depreciation and Amortization | 1.9b | 4.0b | 5.8b | 2.3b | 4.6b | 6.8b | 2.1b | 4.3b | 6.4b |
Inventories | (2.8b) | (4.7b) | (6.5b) | (3.0b) | (6.0b) | (4.9b) | (538.0m) | (1.8b) | (3.4b) |
Accounts Payable | (598.0m) | 654.0m | 1.6b | 20.0m | 1.9b | (1.1b) | (2.2b) | 1.9b | 1.3b |
| SEK | Q1, 2018 |
|---|---|
Revenue/Employee | 444.9k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.8 x |
P/E Ratio | (25.1) |
Ericsson Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| CradlePoint | September 18, 2020 | $1.10 b |
| CENX | September 04, 2018 | |
| Allolio&Konrad | December 01, 2016 | |
| Ericpol | June 21, 2016 | |
| NodePrime | April 05, 2016 | |
| FYI Television | January 19, 2016 | |
| Envivio | September 10, 2015 | $125 m |
| TimelessMIND | April 09, 2015 | |
| Sentilla | October 16, 2014 | |
| Ambient Corporation | October 01, 2014 |
Ericsson Revenue Breakdown
Ericsson revenue breakdown by business segment: 16.1% from Digital Services, 9.7% from Managed Services, 71.4% from Networks and 2.8% from Other
Ericsson revenue breakdown by geographic segment: 31.7% from North America, 14.3% from North East Asia, 24.0% from Europe and Latin America, 10.0% from Middle East and Africa, 12.9% from South East Asia, Oceania and India and 7.0% from Other
Ericsson Cybersecurity Score
Ericsson Environment, Social & Governance (ESG) Ratings
Ericsson Online and Social Media Presence
268.18k Twitter followers
Ericsson has 268.18k Twitter Followers. The number of followers has increased 2857.6% month over month and increased 2858.6% quarter over quarter
Ericsson's Trends
Twitter Engagement Stats for @ericsson
26.3k
Tweets
286
Following
268.2k
Followers
161
Tweets last 30 days
13.6
Avg. likes per Tweet
96.3%
Tweets with engagement
Ericsson Company Culture
Overall Culture
C
64/100
CEO Rating
C
66/100
Compensation
B+
74/100
Diversity
C
63/100
Ericsson News and Updates
Increased momentum for design and optimization services as CSPs tackle network complexity
Exploring sustainable energy solutions
Saudi Telecom Company (stc) opts for Ericsson Operations Engine Managed Services
First private cellular campus network in Greece for smart manufacturing
Ericsson and T-Systems partner to offer campus network solutions worldwide
Ericsson and MTS to deploy LTE/5G-ready network for steel and mining company EVRAZ
Ericsson Blogs
Talking closed loop assurance with Verizon’s Amit Kapoor
The three benefits and triggers for VoLTE
Swisscom: making data driven decisions utilizing analytics
Deploy VoLTE for a better user experience and get ready for 5G voice
Digital engagements will drive the new role of BSS
Verizon’s Vickie Lonker on the importance of partnering
Ericsson Frequently Asked Questions
When was Ericsson founded?
Ericsson was founded in 1876.
Who are Ericsson key executives?
Ericsson's key executives are Fredrik Jejdling, MajBritt Arfert and Arun Bansal.
How many employees does Ericsson have?
Ericsson has 100,824 employees.
What is Ericsson revenue?
Latest Ericsson annual revenue is kr232.4 b.
What is Ericsson revenue per employee?
Latest Ericsson revenue per employee is kr2.3 m.
Who are Ericsson competitors?
Competitors of Ericsson include Amdocs, Cisco and ZTE.
Where is Ericsson headquarters?
Ericsson headquarters is located at Torshamnsgatan 21, Stockholm.
Where are Ericsson offices?
Ericsson has offices in Stockholm, Borås, Göteborg, Karlskrona and in 167 other locations.
How many offices does Ericsson have?
Ericsson has 178 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies