About volvo ab - VLVLY
VLVLY At a Glance
| Phone | 46-31-66-00-00 | Revenue | 52.07B | |
| Industry | Trucks/Construction/Farm Machinery | Net Income | 4.69B | |
| Sector | Producer Manufacturing | 2023 Sales Growth | 11.29% | |
| Fiscal Year-end | 12 / 2024 | Employees | 104,147 | |
| View SEC Filings |
VLVLY Valuation
| P/E Current | 10.133 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 11.248 |
| Price to Sales Ratio | 1.014 |
| Price to Book Ratio | 2.338 |
| Price to Cash Flow Ratio | 21.01 |
| Enterprise Value to EBITDA | 7.359 |
| Enterprise Value to Sales | 1.312 |
| Total Debt to Enterprise Value | 0.344 |
VLVLY Efficiency
| Revenue/Employee | 499,958.975 |
| Income Per Employee | 45,065.265 |
| Receivables Turnover | 2.929 |
| Total Asset Turnover | 0.809 |
VLVLY Liquidity
| Current Ratio | 1.236 |
| Quick Ratio | 0.965 |
| Cash Ratio | 0.293 |
VLVLY Profitability
| Gross Margin | 27.014 |
| Operating Margin | 14.505 |
| Pretax Margin | 12.536 |
| Net Margin | 9.014 |
| Return on Assets | 7.29 |
| Return on Equity | 28.224 |
| Return on Total Capital | 11.409 |
| Return on Invested Capital | 15.567 |
VLVLY Capital Structure
| Total Debt to Total Equity | 133.185 |
| Total Debt to Total Capital | 57.116 |
| Total Debt to Total Assets | 34.73 |
| Long-Term Debt to Equity | 77.902 |
| Long-Term Debt to Total Capital | 33.408 |
Volvo Ab in the News
Automakers monitoring port strike for impacts on production
The strike by unionized dockworkers at East and Gulf Coast ports has the potential to disrupt auto manufacturers' production due to delayed shipments of auto parts.
Volvo reverses goal to make only EVs in 2030
Volvo announced that it is moving away from its goal of making only electric vehicles by 2030 and is now aiming for 90% to 100% of its vehicles to be fully electric EVs plus hybrids.
Biden admin ramps EV spending in swing states as election nears
The Biden administration announced $1.7 billion in grants for EV projects and retooling auto manufacturing facilities in eight states, including several critical swing states.
UAW workers, Volvo-owned Mack Trucks reach 'tentative' deal to avoid strike
About 4,000 workers represented by the United Auto Workers have reached a temporary deal with Volvo Group-owned Mack Trucks, ahead of a potential strike.
Electric Polestars join Teslas in Hertz rental fleet
Volvo-owned Polestar has begun delivering electric vehicles to Hertz, where they will be available to rent alongside the Tesla Model 3 and Model Y.
BMW suspending vehicle exports to Russia
German carmaker BMW joins other corporations in getting tough against Russia.
Russia-Ukraine war: Global shipping titans suspend bookings to, from Russia
Several global shipping giants have suspended bookings to and from Russia amid the country's invasion of Ukraine.
Volvo, Daimler Truck suspend business in Russia
Volvo and Daimler Truck have suspended some operations in Russia in the wake of the invasion of Ukraine. Volvo is no longer shipping cars to Russia and Daimler Truck parent Mercedes-Benz is looking for ways to divest from investments in the country.
Volvo unveils first 'fossil-free' steel vehicle
Volvo has unveiled its first 'fossil-free' vehicle, which uses steel manufactured without coal. The mining truck is expected to go into production next year.
Biden to announce he wants half of all new vehicles at zero emissions by 2030
President Biden will sign an executive order on Thursday directing half of all U.S. car sales to be "zero emission vehicles" by 2030.