Get informed when a big investor buys or sells
+ Follow17.46%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Telefonaktiebolaget L M Ericsson (ERIC) currently reports a ROE of 17.46%. That is below the Technology sector average of 34.31%. Use the charts on this page to explore Telefonaktiebolaget L M Ericsson's ROE history and peer comparisons.
Telefonaktiebolaget L M Ericsson's ROE of 17.46% is lower than the Technology sector average of 34.31%. That is roughly 49.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Telefonaktiebolaget L M Ericsson's current 17.46% should be judged against Technology norms (sector average: 34.31%) and against ERIC's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of 17.46%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 34.31%. From there, open related valuation or income-statement pages for Telefonaktiebolaget L M Ericsson, and consider following ERIC for alerts when major investors trade the stock.
Telefonaktiebolaget L M Ericsson is classified in the Technology sector. On ROE, it currently shows 17.46% versus a sector average near 34.31%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing ERIC with unrelated industries.