Sandvik (SAND.ST) Stock Price

Sandvik Price

OMX·CLOSED
375.40SEK+17.50 (+4.77 %)
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 5.0% per year over the last 15 years. For Sandvik, the net margin of 12.2% is down versus 14.6% a few years ago. At today's price the dividend yield works out to roughly 1.53%. The payout ratio is around 49% of earnings. The consensus 12-month price target for Sandvik is 351.90 SEK, about 6.3% below where the stock trades today. Of 29 analysts, 17 rate the stock a buy — an overall Buy consensus. The stock trades about 60% above its 52-week low.

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
8/21/2026375.40 SEK
8/19/2026357.90 SEK
8/18/2026356.90 SEK
8/17/2026361.40 SEK
8/14/2026359.20 SEK
8/13/2026358.60 SEK
8/12/2026367.20 SEK
8/11/2026368.20 SEK
8/10/2026367.10 SEK
8/7/2026365.30 SEK
8/6/2026367.70 SEK
8/5/2026374.50 SEK
8/4/2026366.80 SEK
7/31/2026356.00 SEK
7/30/2026351.60 SEK
7/29/2026346.80 SEK
7/28/2026348.80 SEK
7/27/2026352.50 SEK
7/24/2026349.70 SEK
7/23/2026345.60 SEK
7/22/2026349.40 SEK
7/21/2026346.90 SEK
7/20/2026335.50 SEK
7/17/2026346.60 SEK
7/16/2026372.90 SEK
7/15/2026384.10 SEK
7/14/2026390.80 SEK
7/13/2026389.90 SEK
7/10/2026390.90 SEK
7/9/2026389.00 SEK
7/8/2026380.00 SEK
7/7/2026387.90 SEK
7/6/2026406.60 SEK
7/3/2026407.40 SEK
7/2/2026394.60 SEK
7/1/2026395.60 SEK
6/30/2026399.90 SEK
6/29/2026389.80 SEK
6/26/2026385.70 SEK
6/25/2026396.50 SEK
6/24/2026386.90 SEK
6/23/2026393.00 SEK
6/22/2026398.80 SEK
6/18/2026399.90 SEK
6/17/2026395.10 SEK
6/16/2026395.50 SEK
6/15/2026392.30 SEK
6/12/2026384.90 SEK
6/11/2026368.10 SEK
6/10/2026368.50 SEK
6/9/2026369.90 SEK
6/8/2026374.30 SEK
6/5/2026377.60 SEK
6/4/2026384.20 SEK
6/3/2026381.30 SEK
6/2/2026378.90 SEK
6/1/2026375.60 SEK
5/29/2026376.20 SEK
5/28/2026382.40 SEK
5/27/2026389.10 SEK
5/26/2026387.10 SEK
5/25/2026388.20 SEK
5/22/2026375.10 SEK
5/21/2026374.40 SEK
5/20/2026364.50 SEK
5/19/2026360.60 SEK
5/18/2026361.70 SEK
5/15/2026353.70 SEK
5/13/2026360.30 SEK
5/12/2026360.00 SEK
5/11/2026368.10 SEK
5/8/2026369.00 SEK
5/7/2026384.30 SEK
5/6/2026404.10 SEK
5/5/2026381.80 SEK
5/4/2026373.10 SEK
4/30/2026383.10 SEK
4/29/2026380.30 SEK
4/28/2026384.10 SEK
4/27/2026390.60 SEK
4/24/2026395.90 SEK
4/23/2026400.20 SEK
4/22/2026392.30 SEK
4/21/2026392.60 SEK
4/20/2026398.80 SEK
4/17/2026404.30 SEK
4/16/2026397.30 SEK
4/15/2026394.10 SEK
4/14/2026399.60 SEK
4/13/2026397.20 SEK
4/10/2026402.50 SEK
4/9/2026394.60 SEK
4/8/2026393.30 SEK
4/7/2026370.10 SEK
4/2/2026366.40 SEK
4/1/2026371.80 SEK
3/31/2026357.40 SEK
3/30/2026345.70 SEK
3/27/2026344.70 SEK
3/26/2026347.40 SEK
3/25/2026353.20 SEK
3/24/2026344.60 SEK
3/23/2026342.00 SEK
3/20/2026334.10 SEK
3/19/2026337.70 SEK
3/18/2026358.50 SEK
3/17/2026352.50 SEK
3/16/2026356.20 SEK
3/13/2026356.20 SEK
3/12/2026380.20 SEK
3/11/2026379.10 SEK
3/10/2026380.50 SEK
3/9/2026358.00 SEK
3/6/2026366.30 SEK
3/5/2026374.60 SEK
3/4/2026380.00 SEK
3/3/2026378.70 SEK
3/2/2026392.20 SEK
2/27/2026399.40 SEK
2/26/2026398.00 SEK
2/25/2026397.60 SEK
2/24/2026391.10 SEK
2/23/2026383.10 SEK
2/20/2026379.60 SEK
2/19/2026377.50 SEK
2/18/2026379.80 SEK
2/17/2026372.90 SEK
2/16/2026377.10 SEK
2/13/2026376.80 SEK
2/12/2026381.20 SEK
2/11/2026386.90 SEK
2/10/2026381.40 SEK
2/9/2026379.70 SEK
2/6/2026371.80 SEK
2/5/2026366.80 SEK
2/4/2026370.80 SEK
2/3/2026365.80 SEK
2/2/2026353.40 SEK
1/30/2026351.70 SEK
1/29/2026354.10 SEK
1/28/2026346.40 SEK
1/27/2026345.40 SEK
1/26/2026339.00 SEK
1/23/2026333.10 SEK
1/22/2026330.70 SEK
1/21/2026327.60 SEK
1/20/2026321.30 SEK
1/19/2026320.50 SEK
1/16/2026327.30 SEK
1/15/2026328.50 SEK
1/14/2026323.70 SEK
1/13/2026321.10 SEK
1/12/2026316.40 SEK
1/9/2026315.40 SEK
1/8/2026310.90 SEK
1/7/2026316.70 SEK
1/5/2026304.90 SEK
1/2/2026301.80 SEK
12/30/2025300.60 SEK
12/29/2025299.40 SEK
12/23/2025296.30 SEK
12/22/2025297.20 SEK
12/19/2025295.70 SEK
12/18/2025295.10 SEK
12/17/2025284.30 SEK
12/16/2025291.50 SEK
12/15/2025292.60 SEK
12/12/2025291.10 SEK
12/11/2025293.20 SEK
12/10/2025291.10 SEK
12/9/2025291.70 SEK
12/8/2025293.00 SEK
12/5/2025291.00 SEK
12/4/2025291.40 SEK
12/3/2025290.50 SEK
12/2/2025288.40 SEK
12/1/2025286.50 SEK
11/28/2025285.10 SEK
11/27/2025284.60 SEK
11/26/2025286.20 SEK
11/25/2025283.70 SEK
11/24/2025281.00 SEK
11/21/2025277.10 SEK
11/20/2025279.10 SEK
11/19/2025278.50 SEK
11/18/2025277.10 SEK
11/17/2025284.80 SEK
11/14/2025288.20 SEK
11/13/2025288.80 SEK
11/12/2025293.30 SEK
11/11/2025292.10 SEK
11/10/2025289.90 SEK
11/7/2025285.80 SEK
11/6/2025287.20 SEK
11/5/2025287.80 SEK
11/4/2025280.80 SEK
11/3/2025285.40 SEK
10/31/2025288.50 SEK
10/30/2025288.20 SEK
10/29/2025288.90 SEK
10/28/2025289.90 SEK
10/27/2025287.50 SEK
10/24/2025287.50 SEK
10/23/2025284.70 SEK
10/22/2025280.40 SEK
10/21/2025281.60 SEK
10/20/2025279.50 SEK
10/17/2025270.30 SEK
10/16/2025273.20 SEK
10/15/2025271.20 SEK
10/14/2025267.90 SEK
10/13/2025267.50 SEK
10/10/2025266.60 SEK
10/9/2025268.90 SEK
10/8/2025271.40 SEK
10/7/2025267.00 SEK
10/6/2025269.70 SEK
10/3/2025269.60 SEK
10/2/2025265.60 SEK
10/1/2025261.50 SEK
9/30/2025261.80 SEK
9/29/2025260.30 SEK
9/26/2025260.90 SEK
9/25/2025258.10 SEK
9/24/2025259.90 SEK
9/23/2025262.40 SEK
9/22/2025257.40 SEK
9/19/2025257.80 SEK
9/18/2025257.30 SEK
9/17/2025252.10 SEK
9/16/2025252.50 SEK
9/15/2025255.30 SEK
9/12/2025250.00 SEK
9/11/2025249.00 SEK
9/10/2025248.10 SEK
9/9/2025247.50 SEK
9/8/2025247.60 SEK
9/5/2025241.80 SEK
9/4/2025239.60 SEK
9/3/2025238.10 SEK
9/2/2025235.00 SEK
9/1/2025239.00 SEK
8/29/2025239.10 SEK
8/28/2025241.40 SEK
8/27/2025240.30 SEK
8/26/2025241.10 SEK
8/25/2025241.80 SEK
8/22/2025243.50 SEK
Access this data via the Eulerpool API

Sandvik Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
126.50 B SEK
22.42 B SEK
15.30 B SEK
Jan 1, 2024
122.88 B SEK
18.42 B SEK
12.24 B SEK
Jan 1, 2025
120.68 B SEK
20.85 B SEK
14.69 B SEK
Jan 1, 2026 (e)
144.03 B SEK
24.87 B SEK
21.04 B SEK
Jan 1, 2027 (e)
161.25 B SEK
27.84 B SEK
24.01 B SEK
Jan 1, 2028 (e)
167.04 B SEK
28.84 B SEK
25.76 B SEK
Jan 1, 2029 (e)
187.49 B SEK
32.37 B SEK
27.64 B SEK
Jan 1, 2030 (e)
172.26 B SEK
29.74 B SEK
25.48 B SEK

Sandvik Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 21, 2026, 11:51 AM
 
REVENUEB SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB SEK
EBITB SEK
EBIT MARGIN%
NET INCOMEB SEK
NET INCOME GROWTH%
DIV.SEK
DIV. GROWTH%
SHARESB
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
85.8581.5590.91100.07103.2486.4099.11112.33126.50122.88120.68144.03161.25167.04187.49172.26
-3.35-5.0011.4710.083.16-16.3014.7013.3512.62-2.87-1.7919.3511.963.5912.25-8.12
35.6538.8340.2940.9840.2737.3140.5440.3941.1439.9940.6040.6040.6040.6040.6040.60
30.6131.6736.6341.0141.5732.2440.1745.3752.0549.1449.0058.4865.4867.8376.1369.95
7.2711.1918.1018.6913.3911.9518.9418.5922.4218.4220.8524.8727.8428.8432.3729.74
8.4713.7219.9118.6812.9713.8319.1216.5517.7214.9917.2817.2717.2717.2617.2717.27
2.255.5113.2012.718.548.7414.4611.2115.3012.2414.6921.0424.0125.7627.6425.48
-62.62145.13139.60-3.66-32.842.3065.55-22.4736.46-19.9819.9943.2114.117.327.30-7.80
3.502.502.753.504.254.504.755.005.505.756.006.366.73
-28.5710.0027.2721.435.565.2610.004.554.356.005.82
1.251.251.251.251.251.251.251.261.261.261.261.261.261.261.261.26
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.
  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
40.54 %
19.12 %
14.59 %
Jan 1, 2022
40.39 %
16.55 %
9.98 %
Jan 1, 2023
41.14 %
17.72 %
12.09 %
Jan 1, 2024
39.99 %
14.99 %
9.96 %
Jan 1, 2025
40.60 %
17.28 %
12.17 %
Jan 1, 2026 (e)
40.60 %
17.27 %
14.61 %
Jan 1, 2027 (e)
40.60 %
17.27 %
14.89 %
Jan 1, 2028 (e)
40.60 %
17.27 %
15.42 %

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.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
79.01 SEK
15.10 SEK
11.53 SEK
Jan 1, 2022
89.49 SEK
14.81 SEK
8.93 SEK
Jan 1, 2023
100.70 SEK
17.85 SEK
12.18 SEK
Jan 1, 2024
97.85 SEK
14.67 SEK
9.75 SEK
Jan 1, 2025
96.16 SEK
16.61 SEK
11.70 SEK
Jan 1, 2026 (e)
114.73 SEK
19.81 SEK
16.76 SEK
Jan 1, 2027 (e)
128.45 SEK
22.18 SEK
19.12 SEK
Jan 1, 2028 (e)
133.06 SEK
22.98 SEK
20.52 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

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

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 of Sandvik was 1.26 B in 2025. This indicates how many shares Sandvik is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
1.25 B Stocks
Jan 1, 2022
1.26 B Stocks
Jan 1, 2023
1.26 B Stocks
Jan 1, 2024
1.26 B Stocks
Jan 1, 2025
1.26 B Stocks
Jan 1, 2026 (e)
1.26 B Stocks
Jan 1, 2027 (e)
1.26 B Stocks
Jan 1, 2028 (e)
1.26 B Stocks

Sandvik stock splits

In Sandvik's history, there have been no stock splits.

Sandvik Dividend History

36 years of dividend payments · 8 consecutive increases

YearAnnual DividendYoY ChangePayments
20266.00SEKYTD
Apr 29, 20266.00SEK 4.3%1/1
20255.75SEK 4.5%
Apr 30, 20255.75SEK 4.5%1/1
20245.50SEK 10.0%
20235.00SEK 5.3%
20224.75SEK 5.6%
20214.50SEK 5.9%
20194.25SEK 21.4%
20183.50SEK 27.3%
20172.75SEK 10.0%
20162.50SEK 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.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
4.50 SEK
0.00 SEK
Jan 1, 2022
4.75 SEK
0.00 SEK
Jan 1, 2023
5.00 SEK
0.00 SEK
Jan 1, 2024
5.50 SEK
0.00 SEK
Jan 1, 2025
5.75 SEK
0.00 SEK
Jan 1, 2026
6.00 SEK
0.00 SEK
Jan 1, 2027 (e)
0.00 SEK
6.36 SEK
Jan 1, 2028 (e)
0.00 SEK
6.73 SEK

Sandvik dividend payout ratio

In 2025, Sandvik had a payout ratio of 49.12%. The payout ratio indicates the percentage of the company's profits that Sandvik distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
39.03 %
Jan 1, 2022
53.18 %
Jan 1, 2023
41.05 %
Jan 1, 2024
56.42 %
Jan 1, 2025
49.12 %
Jan 1, 2026 (e)
35.80 %
Jan 1, 2027 (e)
33.24 %
Jan 1, 2028 (e)
32.81 %

Current Sandvik forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
11.29 %
Buy
58.62 % (17)
Hold
27.59 % (8)
Sell
13.79 % (4)
12M Price Target
351.90
Last Price
368.70
Currency
SEK
12M Return Potential
-4.56 %
LTM Return
0 %

Sandvik Analyst Rating Actions

DateFirmActionRating
2/25/2021
HSBC
HSBC
UpgradeHoldBuy

Sandvik Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/19/20243.27SEK-31.95 BSEK-2024 Q1
1/18/20243.62SEK-32.58 BSEK-2023 Q4
7/13/20233.13SEK-28.68 BSEK-2023 Q2
4/18/20233.18SEK-27.99 BSEK-2023 Q1
1/18/20233.40SEK-30.27 BSEK-2022 Q4
10/17/20223.07SEK-27.62 BSEK-2022 Q3
7/15/20223.34SEK-26.47 BSEK-2022 Q2
4/20/20223.12SEK-26.75 BSEK-2022 Q1
1/20/20223.10SEK-27.77 BSEK-2021 Q4
10/18/20212.67SEK-24.96 BSEK-2021 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 Beneficial Ownership Filings (SEC 13D/G)

Free Float
81.6%
Float Shares
-
Shares Outstanding
-

Sandvik Executives and Management Board

19 members · avg. age 54 · 37 % women

SW

Mr. Stefan Widing (48)

President, Chief Executive Officer, Director · since 2020

31.20 M SEK

Management

CF

Ms. Cecilia Felton (41)

Chief Financial Officer, Executive Vice President

NC

Ms. Nadine Crauwels (54)

President - Sandvik Machining Solutions Business Area Segment

ME

Mr. Mats Eriksson (63)

President - Sandvik Mining and Rock Solutions Business Area

RH

Mr. Richard Harris (55)

President - Sandvik Rock Processing Solutions Business Area

MN

Mr. Mattias Nilsson (53)

President - Sandvik Manufacturing Solutions Business Area Segment

BA

Mr. Bjorn Axelsson (44)

Executive Vice President, Head - Human Resources

Board of Directors

JM

Mr. Johan Molin (66)

Independent Chairman of the Board

3.59 M SEK
CB

Mr. Claes Boustedt (63)

Independent Director

1.32 M SEK
HS

Ms. Helena Stjernholm (55)

Director

1.30 M SEK
KW

Mr. Kai Waern (66)

Independent Director

932,000.00 SEK
MF

Ms. Marika Fredriksson (62)

Director

800,000.00 SEK
AN

Mr. Andreas Nordbrandt (54)

Independent Director

800,000.00 SEK

Sandvik Supply Chain

Sandvik Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
28 companies
#Nameβ 1YTrend
1
DMG MORI
Supplier·Customer·Machinery·DE
-0.16
-0.45
0.46
0.73
0.49
0.86
0.11
2
AQ Group
Supplier·Electrical Equipment·SE
0.88
0.69
0.12
0.66
0.52
0.83
3
Industrivarden A
Supplier·Customer·SE
0.63
0.66
0.81
0.85
0.31
0.78
4
MSC Industrial Direct A
Customer·Trading Companies & Distributors·US
0.46
0.66
-0.49
0.05
0.07
0.77
5
Philex Mining
Customer·Capital Markets·PH
-0.80
-0.34
0.62
0.56
-0.02
0.73
#Nameβ 1YTrend
1
Jinlei Technology A
Supplier·Electrical Equipment·CN
0.94
0.52
0.69
0.74
0.46
2
Metalyst Forgings
Supplier·IN
0.81
0.38
0.54
0.49
0.41
3
Boliden
Supplier·Customer·Metals & Mining·SE
0.94
0.59
-0.51
-0.69
-0.26
-0.66
-0.40
4
Nikkato
Customer·Machinery·JP
-0.04
0.04
0.83
0.82
0.41
0.19
5
Telkonet
Supplier·Customer·Communications Equipment·US
0.27
0.39
-0.21
-0.73
-0.46
0.27

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.

Sandvik AB is primarily active in the manufacturing industry, specifically specializing in areas such as mining, construction, and cutting-edge materials technology. With a focus on precision, Sandvik AB provides innovative solutions for industries such as metalworking, automotive, aerospace, and energy. As a global leader, Sandvik AB delivers advanced tools, equipment, and services to enhance productivity and sustainability. As an integral player in multiple sectors, Sandvik AB continues to drive progress and shape the future through its expertise and dedication to technological advancements and customer satisfaction.

The main competitors of Sandvik AB in the market include companies such as Atlas Copco AB, Kennametal Inc., and Epiroc AB.

Sandvik AB is a Swedish multinational engineering company specializing in mining and rock excavation, metal-cutting, and materials technology. Founded in 1862, Sandvik has a rich history of innovation and has grown to become a global leader in its industry. The company's commitment to research and development has resulted in numerous technological advancements and product innovations. Today, Sandvik operates in more than 150 countries, serving customers across a wide range of industries, including mining, construction, aerospace, and automotive. With a strong focus on sustainability and energy efficiency, Sandvik AB continues to drive progress and shape the future of engineering.

Sandvik AB has achieved numerous significant milestones throughout its history. Established in 1862, the company has evolved into a global leader in advanced materials technology and tooling solutions. Some noteworthy milestones include the introduction of the world's first-ever seamless steel tube in 1888, pioneering the development of cemented carbide in the 1930s, and becoming a world-leading supplier of mining equipment and solutions. In recent years, Sandvik AB has successfully implemented digitalization and automation initiatives, enhancing its reputation as an innovative and sustainable company. With a commitment to continuous improvement and customer satisfaction, Sandvik AB continues to drive progress in the industries it serves.

Sandvik AB, a renowned Swedish multinational engineering company, has a global presence that spans across various countries and regions. As a diversified industrial group, Sandvik AB operates in numerous locations worldwide. Its primary presence can be observed in Europe, with strong footholds in Sweden, Germany, Finland, and the United Kingdom. Additionally, Sandvik AB has significant operations in North America, particularly in the United States, as well as in Asia, including China, India, and Japan. With its extensive international presence, Sandvik AB stands as a prominent player in the global engineering industry, providing innovative solutions and services across different markets and regions.

Sandvik AB is a global engineering company that upholds strong values and a clear corporate philosophy. The company is committed to delivering sustainable productivity and innovation in various industries. Sandvik AB prioritizes safety, integrity, and respect for individuals, aiming to create a positive impact on society and the environment. With a focus on customer success, Sandvik AB continuously develops cutting-edge solutions and maintains a strong teamwork culture to drive profitability. Through these values and principles, Sandvik AB strives to maintain its position as a leading provider of advanced technology and services worldwide.

Analysts currently set an average price target of 337.62 SEK for the Sandvik stock (median: 351.90 SEK), implying -8.4 % versus the latest price. The consensus is based on 29 analyst ratings.

29 analysts currently rate the Sandvik stock: 17 recommend buying, 8 holding and 4 selling. For 2026, analysts expect Sandvik to generate revenue of 144.03 B SEK and earnings per share of 16.76 SEK.

Converted at the current exchange rate, the Sandvik share trades at 33.89 EUR (375.40 SEK).

The Sandvik share (SAND.ST) is listed on 9 stock exchanges, including: XETRA (SVKB.DE), Frankfurt (SVKB.F), München (SVKB.MU), Düsseldorf (SVKB.DU), London (0HC0.L), SIX (Zürich) (SVKB.SW).

Sandvik AB is a globally operating corporation that is active in various business areas. The company's business model is based on the development, production, and distribution of products and solutions in the fields of mining, stainless steel, and hardness and machine tools. The mining division is one of the largest business areas of the corporation and offers a complete range of products and services for the mining industry. The product range includes everything from drilling and blasting equipment to crushers and mobile crushing plants. Software solutions are also offered to optimize processes in the mining industry. Another important business area of Sandvik AB is the stainless steel division, which produces and distributes various types of stainless steel. The end products made from stainless steel are used in a wide range of industries, such as the food industry, medical and automotive industry, as well as architectural areas and construction. In the hardness and machine tools division, Sandvik AB produces state-of-the-art tools and machines suitable for a variety of applications. This includes tools for wood processing, rolling mill machines for sheet metal processing, and machines for the production of gears and grinding tools. Sandvik AB is also active in the field of high-performance materials, especially in the production of chrome alloys and the processing of titanium and other metals. These materials are used in the aerospace industry, as well as in the production of turbines and turbochargers. To ensure growth and market success in its various business areas, Sandvik AB relies on close cooperation with customers and partners to understand the needs of end consumers and offer tailored solutions. The company also focuses on innovation and constant improvement of its products and services. Overall, Sandvik AB has a diversified business model that aims to have a strong presence in various industries. The divisions are led by different teams and units, all of which focus on effective division of labor to best meet customer requirements. In summary, Sandvik AB, as a globally operating corporation, relies on strong diversification and innovation in its business areas to offer customers a wide range of products and services, ensuring long-term growth and a leading market position.

The expected revenue of Sandvik is 144.03 B SEK. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Sandvik is 21.04 B SEK. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Sandvik is currently 22.40. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Sandvik stock.

The price-to-sales ratio (P/S) of Sandvik is currently 3.27. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Sandvik stock.

The Eulerpool Quality Score for Sandvik is 5/10.

The ISIN of Sandvik is SE0000667891. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Sandvik is 865956. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Sandvik is SAND.ST. The ticker symbol is used to trade Sandvik shares on the stock exchange.

Over the past 12 months, Sandvik paid a dividend of 5.75 SEK . This corresponds to a dividend yield of about 1.53 %. For the coming 12 months, Sandvik is expected to pay a dividend of 6.36 SEK.

The current dividend yield of Sandvik is 1.53 %.

Sandvik pays a dividend, distributed in the months of , , , .

Sandvik paid dividends every year for the past 5 years.

For the upcoming 12 months, dividends amounting to 6.36 SEK are expected. This corresponds to a dividend yield of 1.78 %.

Sandvik is assigned to the 'Industry' sector.

To receive the latest dividend of Sandvik from amounting to 6 SEK, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Sandvik distributed 5.5 SEK as dividends.

The dividends of Sandvik are distributed in SEK.

All fundamentals and in-depth analysis of Sandvik

Our stock analysis for Sandvik 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.