Volvo Group

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines.

Launch date

1927

Employees

Market cap

Enterprise valuation

$86.2b (Public information from Sep 2024)

Göteborgs Stad Västra Götaland County (HQ)

https://www.volvogroup.com/en-en/home.html

https://twitter.com/volvogroup https://www.facebook.com/volvogroup https://www.linkedin.com/company/volvo-group volvogroup

Corporate Venture Fund: Volvo Group Venture Capital

Revenues, earnings & profits over time

SEK	2020	2021	2022	2023	2024	2025	2026
Revenues	338.4b	372.2b	473.5b	552.8b	522.0b	540.1b	572.7b
% growth	(22 %)	10 %	27 %	17 %	(6 %)	3 %	6 %
EBITDA	51.7b	61.1b	69.7b	100.6b	85.6b	88.4b	94.9b
% EBITDA margin	15 %	16 %	15 %	18 %	16 %	16 %	17 %
Profit	19.3b	32.8b	32.7b	49.8b	51.0b	52.1b	56.7b
% profit margin	6 %	9 %	7 %	9 %	10 %	10 %	10 %
EV / revenue	1.0x	1.0x	0.7x	0.8x	0.9x	0.8x	0.8x
EV / EBITDA	6.7x	6.2x	4.7x	4.7x	5.5x	5.2x	4.7x
R&D budget	16.8b	18.0b	22.5b	26.6b	-	-	-
R&D % of revenue	5 %	5 %	5 %	5 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Kindred Ventures	N/A	-
Oct 2004	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 10 Israel 3 Sweden 2

By Industry

Transportation 12 Energy 4 Enterprise Software 1 Security 1 Robotics 1 Jobs Recruitment 1 Fintech 1

By Round

SERIES A 3 POST IPO EQUITY 1 SPAC PRIVATE PLACEMENT 1 ACQUISITION 1

ACQUISITION by Gilbarco Veeder-Root Jan 2022

FreeWire Technologies

PowerSecure International

ACQUISITION Feb 2016

Upstream Security

ACQUISITION by Volvo Group Nov 2023

exited