The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

VOLV-B.ST

Concerning the House

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company operates through Industrial Operations - Trucks, Industrial Operations - Construction Equipment, Industrial Operations - Buses, Industrial Operations - Volvo Penta, Industrial Operations - Group Functions & Other, and Financial Services segments. The company offers heavy-duty trucks for long-haulage and construction work, and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands. It also provides haulers, wheel loaders, excavators, road construction machines, and compact equipment under the Volvo, SDLG, and Rokbak brands. In addition, the company offers engines and power solutions for industrial off-highway applications and power generation, as well as for leisure boats, yachts, and commercial vessels under the Volvo Penta brand. Further, it provides customer support agreements, machine control systems, attachments, financing, and leasing; and insurance, rentals, spare parts, repairs, preventive maintenance, uptime and service agreements, and assistance services. It serves customers primarily in the transportation, infrastructure, construction, marine, industrial, and public transportation industries. The company offers its products and services through a network of dealers. AB Volvo (publ) was incorporated in 1915 and is headquartered in Gothenburg, Sweden.

Sweden · www.volvogroup.com

The Ledger
LineJun 2025Sep 2025Dec 2025Mar 2026
Revenue$122.90B$110.69B$123.80B$110.77B
Gross profit$27.64B$27.48B$30.83B$28.72B
Operating income$10.45B$13.16B$13.18B$10.95B
Net income$7.41B$7.54B$9.61B$8.31B
Diluted EPS3.644.734.09
Free cash flow$385.00M$2.94B$15.71B$4.35B
CapEx-$5.76B-$5.87B-$8.47B-$6.29B
Quotation

$343.20

-6.80 (-1.9%)

52w hi$371.50
52w lo$237.73
Vol3.78M
As ofAug 13
The Verdict

Hold

Our score +0.06

Short-0.10
Medium+0.08
Long+0.36

computed 2026-08-13

By the Numbers

AB Volvo (publ)

Industrials · Farm & Heavy Construction Machinery

Market cap$691.58B
Enterprise value$904.99B
Trailing P/E19.31x
Forward P/E13.66x
EV / EBITDA16.11x
P / S (ttm)1.47x
Profit margin7.6%
Return on equity20.9%
Revenue growth+2.7%
Earnings growth+40.1%
Debt / equity147.35
Risk Metrics
Beta vs SPX0.47
Corr SPX0.28
Annual vol27.9%
Annual ret+14.4%
Sharpe0.52
Max DD-33.0%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.36
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$343.50$345.00$339.303.78M
Aug 12$351.00$351.20$343.20$343.202.81M
Aug 11$354.40$354.60$349.80$350.002.36M
Aug 10$355.50$357.00$353.00$354.601.93M
Aug 7$359.10$362.10$354.80$355.603.10M