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Swedish manufacturer of home appliances (refrigerators, washers, ovens) sold under Electrolux, AEG and other brands worldwide.
Swedish manufacturer of home appliances (refrigerators, washers, ovens) sold under Electrolux, AEG and other brands worldwide.
Sells through retailers and distributors rather than directly, so earnings depend on retailer ordering, steel and plastics costs, and promotional pricing. Its professional kitchen and laundry business was spun off in 2020 as a separate listed company. Investor AB, the Wallenberg family's holding company, is the largest shareholder.
In one line: A European Whirlpool.
Moat: narrow (brand, scale, distribution). Strong European brand recognition and manufacturing scale, but appliances are a mature, price-competitive category.
Headquarters: Stockholm, Sweden · Founded: 1919 · Employees: 40,917
Size Electrolux (ELUX-A.ST) is a Sweden Consumer Discretionary company (Electronics/Appliances) with a market value of $2.50B, the 67th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 32.40 on 6 Nov 2026.
Performance Over six months the shares gained 11.3%, against -3.0% for the median peer and +8.2% for the Sweden market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 3.0% over the last twelve months (peer median +2.1%); the operating margin is -1.3% (peer median 7.4%).
Valuation It trades at 18.1× forward earnings against a peer median of 18.8× (10th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.4 points below its cost of capital (6.1% WACC).
Credit Electrolux has 7 bonds outstanding ($1.69B), rated BBB- by the agencies and trading like BBB- at a weighted spread of 125 bp.
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 130B | SEK 132B | SEK 136B | SEK 134B | SEK 135B |
| Revenue growth | — | -3% | +1% | 0% | — |
| Gross profit | SEK 17.7B | SEK 25.8B | SEK 24.2B | SEK 22.9B | SEK 21.6B |
| EBITDA | SEK 3.94B | SEK 8.21B | SEK 6.75B | SEK 7.54B | SEK 4.79B |
| Net income | -SEK 1.98B | SEK 878M | -SEK 1.39B | -SEK 5.23B | -SEK 1.32B |
| Free cash flow | SEK 2.56B | -SEK 1.12B | SEK 747M | -SEK 66.0M | -SEK 7.92B |
| Capital expenditure | SEK 2.87B | SEK 3.36B | SEK 4.65B | SEK 5.70B | SEK 7.39B |
| Total debt | SEK 38.8B | SEK 43.5B | SEK 43.6B | SEK 40.9B | SEK 41.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Electrolux ELUX-A.ST | $2.50B | +11% | -3% | -1% | 18.1× | 1.2% |
| Whirlpool WHR | $2.01B | -32% | -6% | 2% | n/a | n/a |
| Haier Smart Home 600690.SS | $28.0B | 0% | -8% | 7% | 11.1× | -5.9% |
| Lgelectronics 066570.KS | $17.3B | -2% | +8% | 4% | 11.3× | -4.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ELUX-A.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +25.6% | -2.5% | 2nd highest of 21 |
| 6-month return | +11.3% | -3.0% | 5th highest of 21 |
| Distance from 52-week high | -33.1% | -25.1% | 9th lowest of 21 |
| Revenue growth (TTM) | -3.0% | +2.1% | 6th lowest of 21 |
| Operating margin | -1.3% | 7.4% | 2nd lowest of 21 |
| Forward P/E | 18.1× | 18.8× | 10th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 1.2% | 4.5% | 6th least demanding of 15 |
| Growth delivered (Del g) | +2.6% | +8.2% | 4th lowest of 15 |
| Hurdle (Req g minus delivered) | -1.4 pp | -4.4 pp | 5th most demanding of 15 |
| ROIC minus cost of capital | -9.4 pp | +1.2 pp | lowest of 21 |
| Net debt / EBITDA | 5.5× | 1.1× | 2nd most indebted of 11 |
| Bond spread | 125 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Electrolux ELUX-A.ST | Sweden | $2.50B | +11% | -3% | -1% | 18.1× | 1.2% | +2.6% |
| IMAX IMAX | United States | $2.61B | +35% | +15% | 23% | 18.8× | 12.2% | +24.5% |
| Cowell e 1415.HK | Hong Kong | $2.38B | -33% | +15% | 7% | 9.8× | -10.3% | +36.2% |
| Theon International THEON.AS | Netherlands | $2.36B | -10% | +32% | 23% | 17.1× | 18.7% | +52.2% |
| Shanghai Flyco Electrical Appliance 603868.SS | China | $2.34B | +4% | +1% | 17% | 24.2× | 4.6% | +1.5% |
| Casio Computer 6952.T | Japan | $2.74B | +24% | +12% | 11% | 15.9× | 0.2% | +4.0% |
| Hangzhou Robam Appliances 002508.SZ | China | $2.28B | -10% | -18% | 8% | 14.4× | 6.3% | +4.5% |
| Kingclean Electric 603355.SS | China | $2.79B | +4% | -2% | 8% | 35.9× | 4.4% | +9.4% |
| Joyoung 002242.SZ | China | $2.87B | +131% | -7% | -1% | 159.7× | n/a | n/a |
| Whirlpool WHR | United States | $2.01B | -32% | -6% | 2% | n/a | n/a | n/a |
| Spectrum Brands SPB | United States | $1.99B | +6% | +1% | 9% | 17.1× | -2.5% | +1.4% |
| Nikon 7731.T | Japan | $3.17B | -12% | -4% | -2% | 45.4× | n/a | n/a |
| Sonos SONO | United States | $1.94B | +9% | +6% | 6% | 149.2× | 17.3% | +1.7% |
| Breville BRG.AX | Australia | $3.33B | +13% | +7% | 11% | 31.1× | 26.4% | +8.8% |
| Seb SK.PA | France | $3.55B | +8% | -1% | 8% | 12.1× | -0.8% | +3.3% |
| Tatung 2371.TW | Taiwan | $1.70B | -15% | +8% | 4% | 10.0× | n/a | n/a |
| Edifier Technology 002351.SZ | China | $1.60B | +8% | -1% | 18% | 22.3× | 3.0% | +7.6% |
| Sichuan Jiuzhou Electric 000801.SZ | China | $1.58B | -19% | +20% | 3% | 45.1× | n/a | n/a |
| Ecovacs Robotics 603486.SS | China | $4.22B | -25% | +10% | 7% | 14.5× | 16.2% | +21.4% |
| Hisense Home Appliances 0921.HK | Hong Kong | $4.26B | -24% | -6% | 3% | 9.3× | -13.5% | +11.9% |
| Shenzhen MTC 002429.SZ | China | $4.30B | -42% | +3% | 7% | 22.1× | n/a | n/a |
Electrolux has 7 bonds outstanding with $1.69B face value. The agencies rate it BBB-; its bonds trade like BBB-. Weighted yield 4.11%, a spread of 125 bp over government bonds.