Global 500

Rank
419
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LM Ericsson

G500 2017—Ericsson
Circuit boards stand during production of 2G, 3G and 4G data networking devices at the company's factory in Tallinn, Estonia, on Wednesday, April 22, 2015. By expanding its services business, Ericsson wants to fend off competition from Huawei Technologies Co. and Nokia Oyj, which last week agreed to buy rival Alcatel-Lucent SA for $16.7 billion in a deal that would create the biggest wireless network provider and may relegate the Swedish company to second place. Photographer: Peter Kollanyi/Bloomberg via Getty ImagesPeter Kollanyi—Bloomberg/Getty Images
  • Previous Rank
    357
  • Revenues ($M)
    26004
  • Revenue Percent Change
    -11.2
  • Profits ($M)
    200.5
  • Profits Percent Change
    -87.5
  • Assets ($M)
    31199
  • Employees
    111464

Company Information

CEOBorje Ekholm
SectorTechnology
IndustryNetwork and Other Communications Equipment
HQ LocationStockholm, Sweden
Websitewww.ericsson.com
Years on Global 500 List23
Employees111,464

Key Financials (Last Fiscal Year)

Revenues ($M)$26,004
Profits ($M)$200.5
Assets ($M)$31,199
Total Stockholder Equity ($M)$15,395

Profit Ratios

Profit as % of Revenues0.8%
Profits as % of Assets0.6%
Profits as % of Stockholder Equity1.3%