Sandvik AB (SANDN) Ratios
Sandvik AB Ratios
MX:SANDN's free cash flow for Q3 2026 was $6.28B. For the 2026 fiscal year, MX:SANDN's free cash flow was decreased by $-1.09B and operating cash flow was $7.38B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.94 | 1.79 | 1.64 | 1.73 | 1.66 |
| Quick Ratio | 1.00 | 0.94 | 0.86 | 0.92 | 0.96 |
| Cash Ratio | 0.14 | 0.11 | 0.10 | 0.24 | 0.32 |
| Solvency Ratio | 0.29 | 0.23 | 0.26 | 0.18 | 0.26 |
| Operating Cash Flow Ratio | 0.55 | 0.50 | 0.43 | 0.24 | 0.31 |
| Short-Term Operating Cash Flow Coverage | 5.23 | 4.14 | 1.69 | 1.21 | 1.35 |
| Net Current Asset Value | $ -6.73B | $ -13.88B | $ -14.40B | $ -20.42B | $ -7.81B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.22 | 0.23 | 0.26 | 0.29 | 0.22 |
| Debt-to-Equity Ratio | 0.40 | 0.44 | 0.51 | 0.64 | 0.44 |
| Debt-to-Capital Ratio | 0.28 | 0.31 | 0.34 | 0.39 | 0.31 |
| Long-Term Debt-to-Capital Ratio | 0.23 | 0.25 | 0.25 | 0.32 | 0.21 |
| Financial Leverage Ratio | 1.82 | 1.90 | 1.99 | 2.18 | 2.01 |
| Debt Service Coverage Ratio | 4.15 | 2.94 | 1.86 | 2.03 | 1.85 |
| Interest Coverage Ratio | 10.47 | 6.61 | 8.55 | 10.90 | 20.39 |
| Debt to Market Cap | 0.08 | 0.15 | 0.14 | 0.20 | 0.10 |
| Interest Debt Per Share | 31.18 | 36.31 | 38.03 | 42.86 | 28.12 |
| Net Debt to EBITDA | 1.11 | 1.42 | 1.35 | 1.61 | 0.88 |
| Profitability Margins | |||||
| Gross Profit Margin | 40.60% | 39.99% | 41.14% | 40.39% | 40.54% |
| EBIT Margin | 17.77% | 15.47% | 17.86% | 17.30% | 17.91% |
| EBITDA Margin | 23.92% | 21.97% | 23.76% | 23.02% | 23.94% |
| Operating Profit Margin | 17.28% | 14.99% | 17.72% | 16.55% | 19.12% |
| Pretax Profit Margin | 16.12% | 13.40% | 15.65% | 15.79% | 18.63% |
| Net Profit Margin | 12.17% | 9.96% | 12.09% | 9.98% | 14.59% |
| Continuous Operations Profit Margin | 12.17% | 9.97% | 12.10% | 11.44% | 13.21% |
| Net Income Per EBT | 75.50% | 74.38% | 77.30% | 63.21% | 78.34% |
| EBT Per EBIT | 93.33% | 89.36% | 88.30% | 95.41% | 97.45% |
| Return on Assets (ROA) | 8.65% | 6.64% | 8.78% | 6.35% | 9.30% |
| Return on Equity (ROE) | 15.77% | 12.63% | 17.46% | 13.80% | 18.73% |
| Return on Capital Employed (ROCE) | 15.59% | 12.85% | 17.20% | 13.93% | 16.73% |
| Return on Invested Capital (ROIC) | 11.34% | 9.16% | 12.16% | 9.41% | 12.00% |
| Return on Tangible Assets | 13.69% | 10.73% | 13.73% | 10.14% | 13.43% |
| Earnings Yield | 3.90% | 4.92% | 5.59% | 4.74% | 4.56% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.80 | 4.21 | 6.71 | 4.09 | 4.06 |
| Payables Turnover | 2.31 | 7.32 | 7.85 | 5.76 | 4.95 |
| Inventory Turnover | 2.13 | 2.12 | 2.17 | 1.91 | 1.97 |
| Fixed Asset Turnover | 4.35 | 4.02 | 4.58 | 4.22 | 3.31 |
| Asset Turnover | 0.71 | 0.67 | 0.73 | 0.64 | 0.64 |
| Working Capital Turnover Ratio | 3.64 | 4.05 | 4.22 | 3.75 | 3.09 |
| Cash Conversion Cycle | 109.29 | 209.16 | 176.02 | 216.83 | 201.39 |
| Days of Sales Outstanding | 95.94 | 86.66 | 54.38 | 89.31 | 89.88 |
| Days of Inventory Outstanding | 171.31 | 172.38 | 168.15 | 190.88 | 185.26 |
| Days of Payables Outstanding | 157.96 | 49.88 | 46.51 | 63.37 | 73.75 |
| Operating Cycle | 267.25 | 259.03 | 222.53 | 280.20 | 275.14 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 15.87 | 16.43 | 14.99 | 8.34 | 10.50 |
| Free Cash Flow Per Share | 12.82 | 12.57 | 10.72 | 4.73 | 7.65 |
| Dividend Paid and CapEx Coverage Ratio | 1.80 | 1.76 | 1.62 | 1.00 | 1.12 |
| Capital Expenditure Coverage Ratio | 5.20 | 4.26 | 3.51 | 2.31 | 3.68 |
| Operating Cash Flow Coverage Ratio | 0.54 | 0.48 | 0.42 | 0.20 | 0.38 |
| Operating Cash Flow to Sales Ratio | 0.17 | 0.17 | 0.15 | 0.09 | 0.13 |
| Free Cash Flow Yield | 4.27% | 6.34% | 4.91% | 2.51% | 3.03% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 25.67 | 20.32 | 17.88 | 21.08 | 21.91 |
| Price-to-Sales (P/S) Ratio | 3.12 | 2.02 | 2.16 | 2.10 | 3.20 |
| Price-to-Book (P/B) Ratio | 4.05 | 2.57 | 3.12 | 2.91 | 4.10 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 23.45 | 15.78 | 20.35 | 39.82 | 33.01 |
| Price-to-Operating Cash Flow Ratio | 18.94 | 12.07 | 14.55 | 22.58 | 24.05 |
| Price-to-Earnings Growth (PEG) Ratio | 1.28 | -1.02 | -7.70 | 2.53 | 0.33 |
| Enterprise Value Multiple | 14.18 | 10.63 | 10.46 | 10.75 | 14.23 |
| Enterprise Value | 409.23B | 286.97B | 314.30B | 277.89B | 337.62B |
| EV to EBITDA | 14.18 | 10.63 | 10.46 | 10.75 | 14.23 |
| EV to Sales | 3.39 | 2.34 | 2.48 | 2.47 | 3.41 |
| EV to Free Cash Flow | 25.45 | 18.20 | 23.38 | 46.82 | 35.17 |
| EV to Operating Cash Flow | 20.55 | 13.93 | 16.72 | 26.55 | 25.62 |
| Tangible Book Value Per Share | 24.43 | 21.27 | 18.50 | 12.07 | 23.54 |
| Shareholders’ Equity Per Share | 74.27 | 77.27 | 69.86 | 64.75 | 61.54 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.26 | 0.23 | 0.28 | 0.21 |
| Revenue Per Share | 96.21 | 97.96 | 100.85 | 89.55 | 79.01 |
| Net Income Per Share | 11.71 | 9.76 | 12.20 | 8.94 | 11.53 |
| Tax Burden | 0.75 | 0.74 | 0.77 | 0.63 | 0.78 |
| Interest Burden | 0.91 | 0.87 | 0.88 | 0.91 | 1.04 |
| Research & Development to Revenue | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| SG&A to Revenue | 0.20 | 0.20 | 0.07 | 0.07 | 0.06 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.36 | 1.25 | 0.95 | 0.49 | 0.71 |
Currency in SEK