Skanska AB (SE:SKA.B)
:SKA.B
Want to see SE:SKA.B full AI Analyst Report?
Top Page
Skanska AB
(SKA.B)
Select Model
Select Model
Rating:69Neutral
Price Target:
kr275.00
â–²(4.48% Upside)
Action:Reiterated
Date:05/09/26
The score is driven primarily by stable profitability and a conservatively leveraged balance sheet, tempered by weaker recent growth and volatile/free-cash-flow trends. Technical indicators are mildly supportive without showing strong breakout conditions, while valuation is balanced by a high dividend yield against a mid-to-high P/E.
Positive Factors
Conservative balance sheet / low leverage
Low trailing leverage gives Skanska durable financial flexibility: it can fund project execution, absorb cost overruns, and access capital for development without forcing distressed asset sales. That cushioning supports stable operations across construction cycles and preserves bidding capacity.
Negative Factors
Near-term revenue softness
A negative revenue trend signals weaker demand or project mix deterioration that can persist several quarters. Sluggish top-line growth reduces scale benefits, tightens margins, and limits reinvestment, making return-to-growth and backlog replenishment a multi-quarter structural challenge.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Low trailing leverage gives Skanska durable financial flexibility: it can fund project execution, absorb cost overruns, and access capital for development without forcing distressed asset sales. That cushioning supports stable operations across construction cycles and preserves bidding capacity.
Read all positive factors
Skanska AB (SKA.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr100.29B
Dividend Yield3.18%
Average Volume (3M)675.64K
Price to Earnings (P/E)22.4
Beta (1Y)0.92
Revenue Growth-6.15%
EPS Growth-7.78%
CountrySE
Employees25,929
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)13.90
Shares Outstanding400,384,950
10 Day Avg. Volume953,728
30 Day Avg. Volume675,645
Financial Highlights & Ratios
PEG Ratio7.96
Price to Book (P/B)1.69
Price to Sales (P/S)0.59
P/FCF Ratio25.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr300.00Price Target Upside13.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)16.84
Revenue Forecast (FY)kr181.97B
Skanska AB Business Overview & Revenue Model
Company Description
Skanska AB (publ) operates as a construction and project development company in the Nordic region, Europe, and the United States. It operates through three segments: Construction, Residential Development, and Commercial Property Development. The C...
How the Company Makes Money
Skanska primarily makes money through (1) construction contracting revenue and (2) profit from development activities. In Construction, it earns revenue by executing building and civil infrastructure projects under customer contracts (typically fo...
Skanska AB Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 172.26B | 176.66B | 176.48B | 167.17B | 163.17B | 143.87B |
| Gross Profit | 14.92B | 14.52B | 14.48B | 13.43B | 16.69B | 15.72B |
| EBITDA | 12.08B | 10.18B | 10.35B | 7.50B | 12.41B | 11.31B |
| Net Income | 5.75B | 5.70B | 5.55B | 5.00B | 8.26B | 6.86B |
Balance Sheet | ||||||
| Total Assets | 163.92B | 158.29B | 171.21B | 155.19B | 151.59B | 139.04B |
| Cash, Cash Equivalents and Short-Term Investments | 17.97B | 19.01B | 32.20B | 17.91B | 10.01B | 10.95B |
| Total Debt | 16.80B | 15.92B | 20.17B | 17.85B | 14.70B | 15.00B |
| Total Liabilities | 105.45B | 96.34B | 108.59B | 98.84B | 96.34B | 93.24B |
| Stockholders Equity | 58.27B | 61.76B | 62.47B | 56.20B | 55.11B | 45.68B |
Cash Flow | ||||||
| Free Cash Flow | 3.00B | 4.10B | 6.44B | 632.00M | -1.78B | 5.51B |
| Operating Cash Flow | 5.99B | 7.23B | 9.11B | 3.21B | 480.00M | 7.44B |
| Investing Cash Flow | -4.80B | -8.72B | -5.77B | 6.00B | 3.92B | -11.37B |
| Financing Cash Flow | -4.17B | -6.20B | -2.84B | -1.25B | -6.24B | -5.05B |
Skanska AB Technical Analysis
Negative
263.20
Price Trends
246.44
Negative
249.62
Negative
240.58
Positive
Market Momentum
-1.11
Positive
40.50
Neutral
6.43
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SKA.B, the sentiment is Negative. The current price of 263.2 is above the 20-day moving average (MA) of 250.68, above the 50-day MA of 246.44, and above the 200-day MA of 240.58, indicating a neutral trend. The MACD of -1.11 indicates Positive momentum. The RSI at 40.50 is Neutral, neither overbought nor oversold. The STOCH value of 6.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SKA.B.
Skanska AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | kr100.29B | 22.36 | 10.45% | 3.18% | -6.15% | -7.78% | |
64 Neutral | kr25.57B | -39.37 | 10.55% | 3.26% | -3.41% | -23.95% | |
63 Neutral | kr45.08B | 20.25 | 18.52% | 2.20% | 2.68% | 0.49% | |
61 Neutral | kr12.59B | 15.02 | 6.31% | 4.09% | -6.24% | -29.72% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | kr16.74B | -27.18 | 1.79% | 4.17% | -11.18% | -93.98% |
* General Sector Average
SE:SKA.B
Skanska AB
245.80
21.46
9.57%
SE:NCC.B
NCC AB
194.30
21.24
12.27%
SE:PEAB.B
Peab AB
87.90
5.74
6.98%
SE:SWEC.B
Sweco AB
129.00
-36.86
-22.22%
SE:AFRY
AFRY AB Class B
116.00
-45.49
-28.17%
Skanska AB Corporate Events
Skanska Wins SEK 570m Contract for New Swedish Correctional Facility
May 8, 2026
Skanska has secured a SEK 570 million contract from Monen Fastighetsförvaltning to build and renovate a correctional facility in Ulriksfors, Strömsund, Sweden, which will be leased to the Swedish Prison and Probation Service and house ar...
Skanska Wins SEK 990M Contract for New Malmö Sports Arena
May 8, 2026
Skanska has secured a SEK 990 million contract from the City of Malmö to deliver the second phase of a new football and athletics facility, which will be booked in its Swedish order intake for the second quarter of 2026. The project, already ...
Skanska Wins USD 305 Million Contract to Expand New Jersey University Computer Science Center
May 6, 2026
Skanska has secured a USD 305 million (about SEK 2.8 billion) contract to renovate and expand a New Jersey university’s computer science center, which will be recorded in the company’s U.S. order bookings for the second quarter of 2026...
Skanska Wins USD 1 Billion MBTA Bridge Replacement and Rail Upgrade Contract
May 6, 2026
Skanska has secured a USD 1 billion design-build contract from the Massachusetts Bay Transportation Authority to replace the North Station Draw One Bridge and upgrade related rail infrastructure across Boston, Cambridge and Somerville. The project...
Skanska Wins USD 363 Million Share of Hudson River Rail Tunnel Contract
May 4, 2026
Skanska, in joint venture with Traylor Bros. and Walsh Construction, has secured a major role in the USD 1.29 billion Hudson Tunnel Project’s Package 1C in New York, with Skanska’s share valued at USD 363 million, about SEK 3.4 billion...
Skanska wins EUR 100 million data center expansion contract in Finland
May 4, 2026
Skanska has secured a EUR 100 million contract from data center operator atNorth to deliver a major expansion of the FIN02 facility in Espoo, Finland. The deal, booked in Skanska’s Nordic orders for the second quarter of 2026, underlines the...
Skanska Sets Date and Investor Call for Q1 2026 Interim Report
Apr 30, 2026
Skanska will publish its interim report for the first quarter of 2026 on May 7 at 07:30 am CEST, followed by a webcast and audio conference at 10:00 am CEST from its Stockholm head office, led by President and CEO Anders Danielsson and CFO Pontus ...
Skanska Wins SEK 560 Million Industrial Facility Contract in Södertälje
Apr 29, 2026
Skanska has secured a SEK 560 million contract from an existing client to construct a new industrial facility in Södertälje, Sweden, adding to its Swedish order bookings for the second quarter of 2026. The 10,000 square-meter project, wh...
Skanska Secures Telenor as Major Tenant in Flagship Stockholm Office Project
Apr 24, 2026
Skanska has secured a 10-year lease with Telenor Sweden and Telenor Connexion for about 6,600 square meters in its Olivin office building on western Kungsholmen in Stockholm. The agreement, which will see Telenor move its Swedish headquarters ther...
Skanska Wins EUR 45 Million Contract for Bratislava Residential Project
Apr 14, 2026
Skanska has secured a EUR 45 million (about SEK 480 million) contract from Nová Matadorka, part of OPTIMAL DEVELOPMENT, to build the next phase of the Matadorka Living residential complex in Bratislava, Slovakia. The deal will be booked to Sk...
Skanska urges cities and investors to prioritize long-term resilient urban development
Apr 13, 2026
Skanska has released a new report, Shaping Sustainable Places, urging cities, developers and investors in Europe and the USA to move beyond short-term project delivery and instead prioritize social and financial value that endures for generations....
Skanska Lands USD 142 Million U.S. Tech Facility Contract
Apr 10, 2026
Skanska has secured a USD 142 million (about SEK 1.3 billion) contract from an existing client to build a new technology facility in the United States, reinforcing its presence in a key growth market. The project will be added to Skanska’s U...
Skanska Wins NOK 1.2 Billion Norwegian Rail Contract
Apr 9, 2026
Skanska has secured a NOK 1.2 billion (about SEK 1.1 billion) contract from Norwegian infrastructure agency Bane NOR to build the Stange–Otterstad rail infrastructure project, a new double track section on the main railway line between Oslo ...
Skanska Wins USD 75 Million Data Center Contract in Georgia
Apr 9, 2026
Skanska has secured a USD 75 million contract from an existing client to build a 22,700 square-metre data center in Georgia, USA, with the value to be recorded in its U.S. order bookings for the first quarter of 2026. The project, which began cons...
Skanska to Establish New Norwegian Headquarters in Sustainable Oslo Office Hub
Apr 8, 2026
Skanska’s Norwegian arm has signed a ten-year lease for about 7,500 square meters in Christian Krohgs gate 2 in central Oslo, securing space for its future Norwegian headquarters within a 50/50 joint venture office development with Entra. Th...
Skanska Sells Remaining Stake in Orlando I-4 Ultimate Project for USD 75 Million
Apr 2, 2026
Skanska has sold its entire 50 percent stake in I-4 Mobility Partners HoldCo LLC, the concession company for the I-4 Ultimate highway project in Orlando, Florida, to its existing partner John Laing I-4 Holdco Corp. The deal, valued at approximatel...
Skanska Sells Sustainable Elderly Care Home Project in Sollentuna for SEK 340 Million
Apr 1, 2026
Skanska has agreed to divest the elderly care home project Villa Fågelsång in Sollentuna, Sweden, to Folksamgruppen via KPA Pension for about SEK 340 million. The development, which will be recognized in Skanska’s Commercial Proper...
Skanska to Buy Back Up to 3.5 Million Class B Shares for Seop 7 Incentive Plan
Mar 31, 2026
Skanska’s board has decided to use an existing mandate from shareholders to repurchase up to 3.5 million of its own Class B shares on Nasdaq Stockholm to supply shares for participants in its Seop 7 share savings program. The buybacks, which...
Skanska AGM Backs Higher Payouts, Share Buybacks and New Employee Share Plan
Mar 31, 2026
Skanska’s 2026 Annual General Meeting approved the 2025 financial statements and set a total dividend of SEK 14.00 per share, combining an ordinary and an extraordinary payout, while granting discharge from liability to the board and CEO. Sh...
Skanska Reports Minor Shift in Voting Structure After Share Conversions
Mar 31, 2026
Skanska AB has reported a minor change in its share capital structure following shareholder-initiated conversions of Class A shares into Class B shares during March 2026. The move, in line with the company’s articles of association and Swedi...
Skanska Wins USD 99 Million High School Contract in Washington State
Mar 30, 2026
Skanska has secured a USD 99 million (about SEK 900 million) contract from the Issaquah School District to build phase one of a new high school in Issaquah, Washington. The award will be booked in the U.S. order intake for the first quarter of 202...
Skanska Wins USD 165 Million Texas A&M Biology Facility Contract
Mar 20, 2026
Skanska has secured a USD 165 million (about SEK 1.5 billion) contract from The Texas AM University System to build a new Biology Teaching Research facility in College Station, Texas, reinforcing its presence in the U.S. higher-education construc...
Skanska Wins SEK 440M Contract for Sustainable High School in Halmstad
Mar 18, 2026
Skanska has secured a SEK 440 million contract from Halmstad Municipality to build a new civil engineering high school with an integrated sports hall in Halmstad, Sweden. The 16,000-square-meter facility will host about 590 students and provide bo...
Skanska Wins USD 102 Million Contract for Los Angeles Pedestrian Bridge and Promenade Gateway
Mar 11, 2026
Skanska has secured a USD 102 million contract with the Port of Los Angeles to build the Avalon Pedestrian Bridge and Promenade Gateway in Los Angeles, a project that will be booked in its U.S. order intake for the first quarter of 2026. The schem...
Skanska Wins USD 191 Million U.S. Data Center Contract
Mar 10, 2026
Skanska has secured a USD 191 million contract from an existing client to build a new data center in the USA, a project that will be added to its U.S. order bookings for the first quarter of 2026. The facility will include the building shell as we...
Skanska commits SEK 400M to final phase of sustainable Prague housing project
Mar 9, 2026
Skanska is investing CZK 917 million, about SEK 400 million, in the final phase of its Albatros Kbely residential development in Prague, a move that underlines its strategy of combining large-scale urban projects with sustainable design. The compa...
Skanska to Redevelop Warsaw Industrial Site into PLN 163M Residential Complex
Mar 5, 2026
Skanska has acquired a 3-hectare property on Bokserska Street in Warsaw’s Mokotów district from special purpose company Bokserska 64 for PLN 163 million, about SEK 410 million. The site, currently industrial warehouses and offices, will...
Skanska Wins EUR 28 Million Lab Refurbishment Contract in Helsinki
Feb 27, 2026
Skanska has secured a EUR 28 million refurbishment contract from Helsinki University Properties to modernize laboratory facilities in the B and C wings of a 1960s building in Helsinki. The 9,000-square-meter facility will be upgraded with new buil...
Skanska Sets March 31 Date for 2026 Annual General Meeting in Stockholm
Feb 20, 2026
Skanska AB has convened its Annual General Meeting for March 31, 2026, to be held at Sergel Hub in central Stockholm, with shareholder registration starting an hour before proceedings. The company will also publish post-meeting presentations from ...
Skanska Wins NOK 661 Million Contract for Green Education Hub in Norway
Feb 19, 2026
Skanska has secured a NOK 661 million (about SEK 600 million) contract from Gjerdrum municipality in Norway to build Oppvekstjordet, a comprehensive education and sports complex. The project will be recorded in Skanska’s Nordic order booking...
Skanska Wins USD 320 Million Share of Vincent Thomas Bridge Deck Replacement in Los Angeles
Feb 11, 2026
Skanska, in joint venture with California Engineering Contractors, has secured a major infrastructure contract from the California Department of Transportation to replace the deck of the Vincent Thomas Bridge in Los Angeles. The total contract is ...
Skanska Wins GBP 273 Million London Office Redevelopment for One Appold Street
Feb 10, 2026
Skanska has secured a GBP 273 million (about SEK 3.4 billion) contract from the Broadgate joint venture, owned by British Land and GIC, to overhaul the One Appold Street office building in the City of London. The deal, booked in the first quarter ...
Skanska Wins USD 77 Million School Rebuild Contract in Tampa
Feb 9, 2026
Skanska has secured a USD 77 million (about SEK 720 million) contract from Hillsborough County Public Schools to rebuild Stewart Middle Magnet School in Tampa, Florida, reinforcing its U.S. presence in the educational facilities segment. The proje...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.