Sandvik (SAND.ST) Stock Price

Sandvik Price

OMX·CLOSED
406.60SEK
Market closed

Over the last 19 years Sandvik grew revenue by 2.7% annually, reaching 120.68 B SEK. Earnings per share have grown at 3.3% per year over the last 19 years. For Sandvik, the net margin of 12.2% is down versus 16.9% a few years ago. At today's price the dividend yield works out to roughly 1.41%. The payout ratio is around 49% of earnings.

Sandvik stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Sandvik over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Sandvik stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Sandvik's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Sandvik Stock Price History
DateSandvik Price
Access this data via the Eulerpool API

Sandvik Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
72.29 B SEK
11.93 B SEK
7.7 B SEK
Jan 1, 2007
86.34 B SEK
14.28 B SEK
9.12 B SEK
Jan 1, 2008
92.65 B SEK
12.75 B SEK
7.47 B SEK
Jan 1, 2009
71.94 B SEK
-1.37 B SEK
-2.65 B SEK
Jan 1, 2010
82.65 B SEK
10.99 B SEK
6.63 B SEK
Jan 1, 2011
94.08 B SEK
10.14 B SEK
5.5 B SEK
Jan 1, 2012
98.53 B SEK
13.54 B SEK
8.11 B SEK
Jan 1, 2013
87.33 B SEK
9 B SEK
5.01 B SEK
Jan 1, 2014
88.82 B SEK
10.22 B SEK
6.01 B SEK
Jan 1, 2015
85.85 B SEK
7.12 B SEK
2.25 B SEK
Jan 1, 2016
81.55 B SEK
11.29 B SEK
5.51 B SEK
Jan 1, 2017
90.83 B SEK
18.25 B SEK
13.17 B SEK
Jan 1, 2018
100.07 B SEK
18.59 B SEK
12.68 B SEK
Jan 1, 2019
103.24 B SEK
18.58 B SEK
8.54 B SEK
Jan 1, 2020
86.4 B SEK
11.82 B SEK
8.74 B SEK

Sandvik Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 7, 2026, 7:04 AM
 
REVENUE (B SEK)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B SEK)
NET INCOME (B SEK)
NET INCOME GROWTH (%)
DIV. (SEK)
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
2023202420252026e2027e2028e2029e2030e
126.5122.88120.68132.76142.46150.16161.92180.12
12.62-2.87-1.7910.017.35.47.8311.24
41.2440.8940.636.9134.432.6330.2627.21
52.1750.24494949494949
15.312.2414.6918.3120.3121.1322.6425.4
36.46-19.9819.9924.6710.884.067.1612.17
55.55.7568.338.39--
5.26104.554.3538.830.72
1.261.261.261.261.261.261.261.26
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Sandvik generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Sandvik retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Sandvik's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Sandvik has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Sandvik's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Sandvik stock margins

The Sandvik margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Sandvik. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Sandvik.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
34.87 %
16.51 %
10.65 %
Jan 1, 2007
33.72 %
16.53 %
10.56 %
Jan 1, 2008
33.56 %
13.76 %
8.06 %
Jan 1, 2009
23.72 %
-1.91 %
-3.69 %
Jan 1, 2010
35.72 %
13.3 %
8.03 %
Jan 1, 2011
34.42 %
10.78 %
5.84 %
Jan 1, 2012
35.22 %
13.74 %
8.23 %
Jan 1, 2013
33.37 %
10.3 %
5.74 %
Jan 1, 2014
35.48 %
11.51 %
6.77 %
Jan 1, 2015
35.59 %
8.29 %
2.62 %
Jan 1, 2016
38.85 %
13.85 %
6.75 %
Jan 1, 2017
40.3 %
20.09 %
14.5 %
Jan 1, 2018
40.89 %
18.57 %
12.67 %
Jan 1, 2019
40.58 %
18 %
8.27 %
Jan 1, 2020
37.3 %
13.67 %
10.11 %

Sandvik Stock Revenue, EBIT, Earnings per Share

The Sandvik earnings per share therefore indicates how much revenue Sandvik has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
59.3 SEK
9.79 SEK
6.32 SEK
Jan 1, 2007
72.8 SEK
12.04 SEK
7.69 SEK
Jan 1, 2008
78.06 SEK
10.74 SEK
6.29 SEK
Jan 1, 2009
60.66 SEK
-1.16 SEK
-2.24 SEK
Jan 1, 2010
69.69 SEK
9.27 SEK
5.59 SEK
Jan 1, 2011
79.33 SEK
8.55 SEK
4.64 SEK
Jan 1, 2012
79.08 SEK
10.87 SEK
6.5 SEK
Jan 1, 2013
69.64 SEK
7.17 SEK
4 SEK
Jan 1, 2014
70.83 SEK
8.15 SEK
4.79 SEK
Jan 1, 2015
68.44 SEK
5.67 SEK
1.79 SEK
Jan 1, 2016
65 SEK
9 SEK
4.39 SEK
Jan 1, 2017
72.41 SEK
14.55 SEK
10.5 SEK
Jan 1, 2018
79.58 SEK
14.78 SEK
10.08 SEK
Jan 1, 2019
82.16 SEK
14.79 SEK
6.8 SEK
Jan 1, 2020
68.79 SEK
9.41 SEK
6.95 SEK

Sandvik business model & stock analysis

The Sandvik AB, based in Stockholm, is an internationally operating corporation specializing in the production and supply of products and solutions for the mining, construction, materials science, and manufacturing technology sectors. The company was founded in 1862 by Göran Fredrik Göransson and has since had a long and eventful history. Originally known as a small ironmongery firm primarily producing nails, Sandvik quickly grew and over the years became a significant manufacturer of tools and equipment for various industries. In the 1980s, the company expanded heavily and increased its production capacities in Europe and North America. Today, Sandvik has a global presence and operates in over 150 countries. Sandvik's business model is based on a clear focus on its customers' needs. Through intensive collaboration with its customers, Sandvik develops innovative products and solutions tailored to their individual requirements. The company places great value on quality, sustainability, and efficiency. Sandvik specializes in various divisions, each offering different products and solutions. The main divisions include mining and rock technology, construction, machining, cutting tools, and process systems. Each of these divisions specializes in a specific niche and provides customized solutions. In the mining and rock technology division, Sandvik produces equipment and solutions used in mines and quarries. This includes drills, crushers, underground mining trucks, and loaders. The construction division specializes in solutions for the construction industry, offering products such as drilling and blasting technology, concrete pumps, and cutting tools. Sandvik's machining division specializes in the manufacture of tools and machines for the machining of metals and other materials. In the cutting tools division, Sandvik develops high-quality tools for the production of workpieces made of metal, plastics, and composite materials. Finally, the process systems division offers various solutions for the processing of raw materials and chemical products. Some of Sandvik's most well-known products include cutting tools, equipment and systems for raw material and mineral extraction, turbine blades and components for the aviation industry, machining tools, pumps and valves for the chemical and oil industries, as well as specialty alloy wires and tubes. Over the years, Sandvik has also established a strong presence in the field of research and development. The company invests a considerable sum each year in the development of new products and technologies to always provide its customers with the best solutions. Collaboration with renowned universities and industry partners is an important source of innovation for Sandvik. In summary, Sandvik AB is one of the leading companies in the production and supply of products and solutions for the mining, construction, materials science, and manufacturing technology sectors. The company has a long and rich history and has a strong global presence. Sandvik's business model is based on intensive collaboration with its customers and a clear focus on quality, sustainability, and efficiency. With its innovative products and solutions, Sandvik holds a high position in the industry and will continue to be an important partner for its customers in the future.

Sandvik SWOT Analysis

Strengths

1. Established Brand Reputation: Sandvik AB has built a strong and trusted brand over the years, recognized globally for its high-quality products and solutions.

2. Diverse Product Portfolio: The company offers a wide range of cutting-edge products and solutions across various industries, providing a competitive advantage.

3. Technological Expertise: Sandvik AB excels in innovation, investing in research and development to stay at the forefront of technology, which allows them to deliver advanced and efficient solutions.

4. Global Presence: With a presence in over 160 countries, Sandvik AB has a strong international footprint, enabling them to tap into diverse markets and customer segments.

Weaknesses

1. Dependency on Cyclical Industries: Sandvik AB's business performance is impacted by the overall health of cyclical industries, such as mining and construction, which may result in fluctuations in demand.

2. Geographical Concentration: The company's revenue is heavily reliant on certain regions, exposing it to risks associated with regional economic slowdowns or geopolitical instability.

3. Limited Financial Flexibility: Sandvik AB's high debt levels may restrict its ability to pursue growth opportunities or withstand economic downturns.

4. Potential Skills Gap: As technology advances, there could be a need for new skill sets and competencies, which may require additional investments in employee training and development.

Opportunities

1. Growing Infrastructure Investments: Increasing investments in infrastructure projects worldwide present opportunities for Sandvik AB to supply its products and solutions.

2. Renewable Energy Sector: The shift towards renewable energy sources opens up potential markets for Sandvik AB's sustainable solutions, such as materials for wind turbines and energy storage systems.

3. Industry 4.0 and Digitalization: The adoption of advanced technologies and automation in industries provides opportunities for Sandvik AB to develop and offer smart solutions to meet evolving customer needs.

4. Emerging Markets: Expansion into emerging markets, particularly in Asia and Africa, allows Sandvik AB to tap into new customer bases and benefit from the region's economic growth.

Threats

1. Intense Competition: Sandvik AB operates in highly competitive markets, facing competition from both established players and emerging companies offering similar products and services.

2. Economic Volatility: Global economic uncertainties, fluctuations in commodity prices, and trade tensions can impact demand for Sandvik AB's products and services.

3. Changing Regulations: Evolving environmental regulations and compliance requirements may necessitate costly investments in research, development, and manufacturing processes.

4. Disruptive Technologies: Rapid advancements in new technologies, such as 3D printing and artificial intelligence, could disrupt traditional manufacturing processes, posing a threat to Sandvik AB's market position.

Sandvik Eulerpool Fair Value

Sandvik historical P/E ratio, EBIT multiple, and P/S ratio

Sandvik annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Sandvik shares outstanding

The number of shares was Sandvik in 2025 — This indicates how many shares 1.255 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
1.22 B base_Shares
Jan 1, 2007
1.19 B base_Shares
Jan 1, 2008
1.19 B base_Shares
Jan 1, 2009
1.19 B base_Shares
Jan 1, 2010
1.19 B base_Shares
Jan 1, 2011
1.19 B base_Shares
Jan 1, 2012
1.25 B base_Shares
Jan 1, 2013
1.25 B base_Shares
Jan 1, 2014
1.25 B base_Shares
Jan 1, 2015
1.25 B base_Shares
Jan 1, 2016
1.25 B base_Shares
Jan 1, 2017
1.25 B base_Shares
Jan 1, 2018
1.26 B base_Shares
Jan 1, 2019
1.26 B base_Shares
Jan 1, 2020
1.26 B base_Shares

Sandvik Dividend History

36 years of dividend payments · 8 consecutive increases

YearAnnual DividendYoY ChangePayments
20266SEKYTD
Apr 29, 20266SEK 4.3%1/1
20255.75SEK 4.5%
Apr 30, 20255.75SEK 4.5%1/1
20245.5SEK 10.0%
20235SEK 5.3%
20224.75SEK 5.6%
20214.5SEK 5.9%
20194.25SEK 21.4%
20183.5SEK 27.3%
20172.75SEK 10.0%
20162.5SEK 28.6%

Sandvik dividend history and estimates

In 2025, Sandvik paid a dividend amounting to 5.75 SEK. Dividend means that Sandvik distributes a portion of its profits to its owners.
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Dividend
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2006
13.5 SEK
0 SEK
Jan 1, 2007
3.25 SEK
0 SEK
Jan 1, 2008
4 SEK
0 SEK
Jan 1, 2009
3.15 SEK
0 SEK
Jan 1, 2010
1 SEK
0 SEK
Jan 1, 2011
3 SEK
0 SEK
Jan 1, 2012
3.25 SEK
0 SEK
Jan 1, 2013
3.5 SEK
0 SEK
Jan 1, 2014
3.5 SEK
0 SEK
Jan 1, 2015
3.5 SEK
0 SEK
Jan 1, 2016
2.5 SEK
0 SEK
Jan 1, 2017
2.75 SEK
0 SEK
Jan 1, 2018
3.5 SEK
0 SEK
Jan 1, 2019
4.25 SEK
0 SEK
Jan 1, 2021
4.5 SEK
0 SEK

Sandvik dividend payout ratio

In 2025, Sandvik had a payout ratio of 49.14%. The payout ratio indicates the percentage of the company's profits that Sandvik distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
41.72 %
Jan 1, 2007
41.33 %
Jan 1, 2008
63.59 %
Jan 1, 2009
-140.63 %
Jan 1, 2010
17.89 %
Jan 1, 2011
64.79 %
Jan 1, 2012
49.92 %
Jan 1, 2013
87.5 %
Jan 1, 2014
73.07 %
Jan 1, 2015
195.53 %
Jan 1, 2016
56.95 %
Jan 1, 2017
26.19 %
Jan 1, 2018
34.72 %
Jan 1, 2019
62.59 %
Jan 1, 2020
48.87 %
Price targets and forecasts for Sandvik are not yet available.

Sandvik Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/19/20243.27SEK31.95 BSEK2024 Q1
1/18/20243.62SEK32.58 BSEK2023 Q4
7/13/20233.13SEK28.68 BSEK2023 Q2
4/18/20233.18SEK27.99 BSEK2023 Q1
1/18/20233.4SEK30.27 BSEK2022 Q4
10/17/20223.07SEK27.62 BSEK2022 Q3
7/15/20223.34SEK26.47 BSEK2022 Q2
4/20/20223.12SEK26.75 BSEK2022 Q1
1/20/20223.1SEK27.77 BSEK2021 Q4
10/18/20212.67SEK24.96 BSEK2021 Q3
...

EESG©

Eulerpool ESG Scorecard© for the Sandvik stock

90/100
99
Environment
99
Social
72
Governance
E

Environment

20
Scope 1 - Direct Emissions81,000
Scope 2 - Indirect emissions from purchased energy205,000
Scope 3 - Indirect emissions within the value chain8,200,000
Total CO₂ emissions285,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees20.506
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Sandvik shareholder structure

% Name
14.93551%
AB Industrivärden
AB Industrivärden
3.91506%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
3.80272%
Swedbank Robur Fonder AB
Swedbank Robur Fonder AB
3.38156%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
3.33989%
Alecta pensionsförsäkring, ömsesidigt
Alecta pensionsförsäkring, ömsesidigt
3.22607%
L E Lundbergforetagen AB (publ)
L E Lundbergforetagen AB (publ)
...

Sandvik Executives and Management Board

SW

Mr. Stefan Widing

(48)

President, Chief Executive Officer, Director · since 2020

Compensation31.2 M SEK
JM

Mr. Johan Molin

(66)

Independent Chairman of the Board

Compensation3.59 M SEK
CB

Mr. Claes Boustedt

(63)

Independent Director

Compensation1.32 M SEK
HS

Ms. Helena Stjernholm

(55)

Director

Compensation1.3 M SEK
KW

Mr. Kai Waern

(66)

Independent Director

Compensation932,000 SEK

Sandvik Supply Chain

Frequently asked questions about Sandvik

The business model of Sandvik AB revolves around being a global engineering company that provides advanced products and solutions for industries such as mining, construction, and manufacturing. Sandvik AB operates through three main business areas: Sandvik Mining and Rock Solutions, Sandvik Rock Processing Solutions, and Sandvik Materials Technology. Sandvik AB aims to offer innovative and sustainable solutions to its customers, focusing on areas like productivity, safety, and environmental impact. The company strives to deliver high-quality products, services, and expertise to meet the evolving needs of its customers worldwide.

All fundamentals and in-depth analysis of Sandvik

Our stock analysis for Sandvik Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sandvik Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.