Tele2 (TEL2 B.ST) Stock Price

Tele2 Price

OMX·CLOSED
163.05SEK
Market closed

Revenue has compounded at 1.1% per year over the past 10 years to 29.89 B SEK. Earnings per share have grown at 0.3% per year over the last 10 years. Tele2's net margin stands at 15.3%, broadly stable from 16.1% several years earlier. Tele2 currently offers a dividend yield of about 3.89%. The payout ratio is around 97% of earnings. The dividend has grown at 2.7% per year over the past 10 years.

Tele2 stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Tele2 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 Tele2 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 Tele2's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Tele2 Stock Price History
DateTele2 Price
Access this data via the Eulerpool API

Tele2 Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2015
26.86 B SEK
2.77 B SEK
2.99 B SEK
Jan 1, 2016
21.19 B SEK
3.17 B SEK
-1.96 B SEK
Jan 1, 2017
21.47 B SEK
3.64 B SEK
192 M SEK
Jan 1, 2018
21.78 B SEK
3.75 B SEK
854 M SEK
Jan 1, 2019
27.2 B SEK
4.95 B SEK
5 B SEK
Jan 1, 2020
26.55 B SEK
5.16 B SEK
7.41 B SEK
Jan 1, 2021
26.79 B SEK
4.81 B SEK
4.31 B SEK
Jan 1, 2022
28.1 B SEK
5.06 B SEK
5.57 B SEK
Jan 1, 2023
29.1 B SEK
5.53 B SEK
3.74 B SEK
Jan 1, 2024
29.58 B SEK
6.01 B SEK
3.87 B SEK
Jan 1, 2025
29.89 B SEK
7.19 B SEK
4.59 B SEK
Invalid Date
30.61 B SEK
7.86 B SEK
5.76 B SEK
Invalid Date
31.19 B SEK
8.4 B SEK
6.33 B SEK
Invalid Date
31.74 B SEK
9.04 B SEK
6.35 B SEK
Invalid Date
33.04 B SEK
9.17 B SEK
6.15 B SEK

Tele2 Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 7, 2026, 10:17 AM
 
REVENUE (B SEK)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B SEK)
NET INCOME (B SEK)
NET INCOME GROWTH (%)
DIV. (SEK)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202420252026e2027e2028e2029e2030e2031e
29.5829.8930.6131.1931.7433.0432.9532.96
1.661.042.41.921.754.08-0.250.04
43.1543.6242.641.7941.0739.4639.5639.55
12.7713.0413.0413.0413.0413.0413.0413.04
3.874.595.766.336.356.15--
3.6118.5325.649.790.43-3.19
6.96.359.5910.199.87---
1.47-7.9751.026.26-3.14
696.55696.87696.87696.87696.87696.87696.87696.87
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Tele2 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 Tele2 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 Tele2'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 Tele2 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 Tele2'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.

Tele2 stock margins

The Tele2 margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tele2. 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 Tele2.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2015
38.98 %
10.32 %
11.12 %
Jan 1, 2016
41.55 %
14.95 %
-9.26 %
Jan 1, 2017
44.66 %
16.96 %
0.89 %
Jan 1, 2018
42.65 %
17.21 %
3.92 %
Jan 1, 2019
41.83 %
18.21 %
18.4 %
Jan 1, 2020
43.38 %
19.44 %
27.9 %
Jan 1, 2021
41.01 %
17.96 %
16.07 %
Jan 1, 2022
40.16 %
18.02 %
19.83 %
Jan 1, 2023
40.91 %
19.01 %
12.84 %
Jan 1, 2024
43.15 %
20.31 %
13.08 %
Jan 1, 2025
43.62 %
24.05 %
15.35 %
Invalid Date
43.62 %
25.67 %
18.83 %
Invalid Date
43.62 %
26.93 %
20.28 %
Invalid Date
43.62 %
28.47 %
20.02 %

Tele2 Stock Revenue, EBIT, Earnings per Share

The Tele2 earnings per share therefore indicates how much revenue Tele2 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

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2015
57.65 SEK
5.95 SEK
6.41 SEK
Jan 1, 2016
46.87 SEK
7.01 SEK
-4.34 SEK
Jan 1, 2017
42.45 SEK
7.2 SEK
0.38 SEK
Jan 1, 2018
40.74 SEK
7.01 SEK
1.6 SEK
Jan 1, 2019
39.36 SEK
7.17 SEK
7.24 SEK
Jan 1, 2020
38.34 SEK
7.45 SEK
10.7 SEK
Jan 1, 2021
38.63 SEK
6.94 SEK
6.21 SEK
Jan 1, 2022
40.43 SEK
7.29 SEK
8.02 SEK
Jan 1, 2023
41.83 SEK
7.95 SEK
5.37 SEK
Jan 1, 2024
42.47 SEK
8.63 SEK
5.56 SEK
Jan 1, 2025
42.89 SEK
10.32 SEK
6.58 SEK
Invalid Date
43.92 SEK
11.28 SEK
8.27 SEK
Invalid Date
44.76 SEK
12.05 SEK
9.08 SEK
Invalid Date
45.55 SEK
12.97 SEK
9.12 SEK

Tele2 business model & stock analysis

Tele2 AB is a Swedish company that was founded in 1993 and is now one of the largest providers of telecommunications services in Europe. The company's headquarters is located in Stockholm and it has branches in Germany, Russia, the Netherlands, and other countries. Tele2 started as a challenger to the Swedish telecommunication company Telia in the 1990s. Known for its affordable prices and innovative business model, Tele2 offered cheap telephone calls through the internet as an alternative to traditional landline phones. Over the years, Tele2 expanded its services to include mobile telecommunications and broadband internet access. The company's business model is based on a simpler, cost-efficient, and flexible approach to providing telecommunications services. It leverages partnerships and resources from other companies to deliver services or infrastructure. Tele2 positions itself as an alternative to established telecommunications companies, offering affordable and simple solutions to customers. Tele2 operates in four main segments: 1. Tele2 Consumer Mobile: This segment provides mobile phone services and mobile data transfer for individual customers. Customers can choose from various plans and have access to a wide range of smartphones and tablets. Tele2 focuses on providing price advantages and a simple and transparent contract model. 2. Tele2 Consumer Fixed Broadband: This segment offers broadband internet access for individual customers. Tele2 provides high bandwidths at attractive prices and strives for a fast and uncomplicated installation process for customers. 3. Tele2 Business: This segment offers a broad range of business services for small and medium-sized enterprises (SMEs). Services include mobile, fixed-line, and broadband solutions, as well as cloud solutions for various purposes. Tele2 works closely with its customers to develop individual solutions. 4. Wholesale: In this segment, Tele2 provides network capacity and carrier services to other telecommunications providers. This is an important source of revenue for the company. In addition to these segments, Tele2 also offers a range of products including mobile phones, tablets, Wi-Fi routers, security software, and other accessories. The company has also invested in the Internet of Things (IoT) in recent years, focusing on applications in the areas of smart home and connected cars. In summary, Tele2 is an important provider of telecommunications services in Europe. The company specializes in cost-efficient and flexible business development and offers affordable and simple solutions to its customers. With a wide range of products and services, Tele2 is able to serve different target groups and drive innovation in the telecommunications sector.

Tele2 SWOT Analysis

Strengths

Tele2 AB holds a strong market position in the telecommunications industry, which gives them a competitive advantage over their rivals. This enables the company to attract a large customer base and generate higher revenues.

Tele2 AB offers a diverse range of products and services, including mobile, fixed-line, and broadband solutions. This broad product portfolio allows the company to cater to a wide range of customer needs and preferences, making them a one-stop solution provider.

Weaknesses

Tele2 AB primarily operates in select markets, limiting its geographic presence compared to some of its competitors. This may hinder their growth potential and limit their ability to tap into new markets or take advantage of emerging opportunities.

Tele2 AB relies on third-party infrastructure for network services, which can subject them to potential disruptions or limitations beyond their control. This dependence introduces a certain level of vulnerability to their operations and may impact service reliability.

Opportunities

With an increasing reliance on digital communication and connectivity, there is a significant opportunity for Tele2 AB to capitalize on the growing demand for their telecommunications services. This trend opens avenues for expanding their customer base and increasing overall market share.

Rapid technological advancements, such as the emergence of 5G networks and Internet of Things (IoT) devices, present opportunities for Tele2 AB to offer innovative solutions and capitalize on new revenue streams. By staying at the forefront of technology, the company can differentiate itself and maintain a competitive edge.

Threats

The telecommunications industry is highly competitive, with numerous players vying for market share. The intense competition in terms of pricing, quality, and customer experience poses a threat to Tele2 AB's market position and profitability.

Compliance with regulatory frameworks, such as data privacy laws and net neutrality regulations, can impose burdensome requirements and potentially limit Tele2 AB's operational flexibility. Changes in regulations or new legal obligations may impact their ability to adapt and compete effectively.

Tele2 Eulerpool Fair Value

Tele2 historical P/E ratio, EBIT multiple, and P/S ratio

Tele2 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.

Tele2 shares outstanding

The number of shares was Tele2 in 2025 — This indicates how many shares 696.865 M 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

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2015
465.85 M base_Shares
Jan 1, 2016
452.15 M base_Shares
Jan 1, 2017
505.64 M base_Shares
Jan 1, 2018
534.51 M base_Shares
Jan 1, 2019
691.19 M base_Shares
Jan 1, 2020
692.61 M base_Shares
Jan 1, 2021
693.46 M base_Shares
Jan 1, 2022
695.07 M base_Shares
Jan 1, 2023
695.63 M base_Shares
Jan 1, 2024
696.55 M base_Shares
Jan 1, 2025
696.87 M base_Shares
Invalid Date
696.87 M base_Shares
Invalid Date
696.87 M base_Shares
Invalid Date
696.87 M base_Shares

Tele2 Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20256.35SEK 8.0%
May 14, 20253.2SEK 7.2%1/2
Oct 9, 20253.15SEK 1.6%2/2
20246.9SEK 1.5%
20236.8SEK 0.7%
20226.75SEK 25.0%
20219SEK 63.6%
20205.5SEK 47.1%
201910.4SEK 160.0%
20184SEK 23.5%
20175.23SEK 2.2%
20165.35SEK 10.3%

Tele2 dividend history and estimates

In 2025, Tele2 paid a dividend amounting to 6.35 SEK. Dividend means that Tele2 distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2015
4.85 SEK
0 SEK
0 SEK
Jan 1, 2016
5.35 SEK
0 SEK
0 SEK
Jan 1, 2017
5.23 SEK
0 SEK
0 SEK
Jan 1, 2018
4 SEK
0 SEK
0 SEK
Jan 1, 2019
10.4 SEK
0 SEK
6 SEK
Jan 1, 2020
5.5 SEK
0 SEK
0 SEK
Jan 1, 2021
9 SEK
0 SEK
3 SEK
Jan 1, 2022
6.75 SEK
0 SEK
0 SEK
Jan 1, 2023
6.8 SEK
0 SEK
0 SEK
Jan 1, 2024
6.9 SEK
0 SEK
0 SEK
Jan 1, 2025
6.35 SEK
0 SEK
0 SEK
Invalid Date
0 SEK
9.59 SEK
0 SEK
Invalid Date
0 SEK
10.19 SEK
0 SEK
Invalid Date
0 SEK
9.87 SEK
0 SEK

Tele2 dividend payout ratio

In 2025, Tele2 had a payout ratio of 96.62%. The payout ratio indicates the percentage of the company's profits that Tele2 distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2015
73.02 %
Jan 1, 2016
-119.06 %
Jan 1, 2017
1,413.51 %
Jan 1, 2018
251.57 %
Jan 1, 2019
143.85 %
Jan 1, 2020
51.45 %
Jan 1, 2021
145.16 %
Jan 1, 2022
84.27 %
Jan 1, 2023
126.78 %
Jan 1, 2024
124.32 %
Jan 1, 2025
96.62 %
Invalid Date
115.91 %
Invalid Date
112.28 %
Invalid Date
108.27 %
Price targets and forecasts for Tele2 are not yet available.

Tele2 Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/19/20241.31SEK7.23 BSEK2024 Q1
1/29/20241.39SEK7.72 BSEK2023 Q4
7/17/20231.32SEK-SEK2023 Q2
4/19/20231.37SEK7.01 BSEK2023 Q1
1/30/20231.29SEK7.45 BSEK2022 Q4
10/20/20221.56SEK6.99 BSEK2022 Q3
7/19/20221.22SEK6.83 BSEK2022 Q2
4/21/20221.36SEK6.81 BSEK2022 Q1
2/1/20221.45SEK7.14 BSEK2021 Q4
10/19/20211.43SEK6.77 BSEK2021 Q3
...

EESG©

Eulerpool ESG Scorecard© for the Tele2 stock

94/100
99
Environment
99
Social
83
Governance
E

Environment

20
Scope 1 - Direct Emissions1,394
Scope 2 - Indirect emissions from purchased energy50,712
Scope 3 - Indirect emissions within the value chain254,245
Total CO₂ emissions52,106
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 employees44.547
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.

Tele2 shareholder structure

% Name
18.56588%
Freya Investissement SAS
Freya Investissement SAS
5.6858%
BlackRock Investment Management (UK) Ltd.
BlackRock Investment Management (UK) Ltd.
3.26347%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.64409%
Nordea Funds Oy
Nordea Funds Oy
1.92914%
Handelsbanken Kapitalförvaltning AB
Handelsbanken Kapitalförvaltning AB
1.68532%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
...

Tele2 Executives and Management Board

JH

Mr. Jean-Marc Harion

(64)

President, Chief Executive Officer, Director · since 2024

Compensation3.05 M SEK
TR

Mr. Thomas Reynaud

(52)

Chairman of the Board · since 2024

Compensation1.85 M SEK
SK

Ms. Sam Kini

(51)

Independent Director

Compensation871,198 SEK
AD

Ms. Aude Durand

(33)

Director

Compensation831,372 SEK
SB

Ms. Stina Bergfors

(53)

Independent Director

Compensation735,000 SEK

Frequently asked questions about Tele2

The business model of Tele2 AB is centered around providing telecommunications services to both consumer and business markets. Tele2 operates as a mobile network operator, offering wireless voice and data services, as well as fixed-line telephony and broadband internet services. The company focuses on delivering affordable and simple communication solutions, aiming to be the champion of customer experience in the telecom industry. With its extensive network coverage and efficient operations, Tele2 aims to provide reliable connectivity and innovative solutions to meet the evolving needs of its customers.

All fundamentals and in-depth analysis of Tele2

Our stock analysis for Tele2 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 Tele2 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.