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Ericsson Lm Telephone Co (ERIC) |
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Ericsson Lm Telephone Co's ROI from its fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period
Return on Investment, Quarterly Results, Trends, Rankings, Statistics
What is Ericsson Lm Telephone Co's ROI in the fourth quarter of 2023?
Ericsson Lm Telephone Co had a negative return on investment (ROI) of -24.4%, due to the net loss of $-2 billion, during the twelve months ending in the fourth quarter of 2023.
Within the Technology sector 329 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the third quarter of 2023 from 0 to 2363.
Definition and Formula of Return on Investment
Select the Comparisons :
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Select the Ratio:
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Return on Investment ROI▼
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Return on Investment ROI▼
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Return On Investment |
(Dec 31 2023) IV. Quarter |
0 III. Quarter |
0 II. Quarter |
0 I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Investment Change |
-25.09 % |
-25.09 % |
-25.09 % |
-25.09 % |
- |
Y / Y Net Income Change |
- |
- |
- |
- |
-16.83 % |
Investment (TTM) in Millions |
11,499 |
11,499 |
11,499 |
11,499 |
15,350 |
Return On Investment (TTM) |
-24.4 % |
16.49 % |
15.3 % |
14.28 % |
13.38 % |
ERIC's Overall
Ranking |
# 2363 |
# 0 |
# 0 |
# 0 |
# 787 |
Seq. Investment Change |
0 % |
0 % |
0 % |
-25.09 % |
0 % |
Seq. Net Income Change |
- |
- |
- |
- |
- |
Net Income (TTM) in Millions |
-2,806 |
2,055 |
2,055 |
2,055 |
2,055 |
Return
On Investment ERIC's Ranking |
Within: |
No. |
Industry |
# 19 |
Sector |
# 330 |
Overall |
# 2363 |
Return On Investment Statistics |
High |
Average |
Low |
13.38 % |
1.71 % |
-24.4 % |
(Dec 31 2022) |
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(Dec 31 2023) |
News about Ericsson Lm Telephone Co |
Ericsson Appoints Andres Vicente as Head of Market Area South East Asia, Oceania and India: A Strategic Move to Expand Presence in Key Markets STOCKHOLM, March 20, 2024 - Ericsson, a global leader in telecommunications technology and services, has recently announced the appointment of Andres Vicente as its new Head of Market Area South East Asia, Oceania and India. This strategic move is expected to further strengthen Ericsson's position in these key markets and drive growth in the region. Effective as of May 1, 2024, Vicente will join Ericsson's Executive Team and report directly to the CEO. With a wealth of experience in the telecommunications industry, Vicente is expected to bring valuable insights and leadership to this important role.
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Ericsson Welcomes Lars Sandström as New CFO, Strengthening Financial Leadership Effective April 1, 2024, Lars Sandström will take up the role of Chief Financial Officer (CFO) at Ericsson, a leading global provider of telecommunications equipment and services. The appointment of Sandström as CFO, Senior Vice President, and Head of Group Function, marks a significant step for Ericsson in strengthening its financial leadership to navigate the rapidly evolving tech landscape. In a world where digital transformation has become the norm, the need for robust financial strategies and expertise is more crucial than ever. As a member of Ericsson's Executive Team, Sandström will report directly to Ericsson's CEO, reinforcing the executive team's structure to drive further growth and profitability.
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ERIC Annual Return On Investment |
(Dec 31 2023) 2023 |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2020) 2020 |
(Dec 31 2019) 2019 |
Total Investments in Millions |
11,499 |
15,350 |
19,206 |
16,900 |
17,153 |
Y / Y Investment Growth |
-25.09 % |
-20.08 % |
13.65 % |
-1.48 % |
1.09 % |
Net Income in Millions |
-2,806 |
2,055 |
2,470 |
1,894 |
198 |
Y / Y Net Income Growth |
- |
-16.83 % |
30.4 % |
857.77 % |
- |
Annual Return On Investment
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-24.4 % |
13.38 % |
12.86 % |
11.21 % |
1.15 % |
Companies with similar Return On Investment at Dec 31 2023, within Technology Sector | ROI |
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