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Skanska AB
(SKA.B)
Skanska AB (SKA.B) vs. iShares MSCI Sweden ETF (EWD)
Skanska AB Business Overview & Revenue Model
Skanska AB Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 184.66B | 176.48B | 167.17B | 163.17B | 143.87B | 160.34B |
| Gross Profit | 15.84B | 14.48B | 13.43B | 16.69B | 15.72B | 16.89B |
| EBITDA | 9.84B | 10.35B | 7.50B | 12.41B | 11.31B | 11.60B |
| Net Income | 6.17B | 5.55B | 5.00B | 8.26B | 6.86B | 9.88B |
Balance Sheet | ||||||
| Total Assets | 161.73B | 171.21B | 155.19B | 151.59B | 139.04B | 125.63B |
| Cash, Cash Equivalents and Short-Term Investments | 26.34B | 32.20B | 17.91B | 10.01B | 10.95B | 19.51B |
| Total Debt | 6.79B | 19.11B | 17.85B | 14.70B | 15.00B | 14.45B |
| Total Liabilities | 102.72B | 108.59B | 98.84B | 96.34B | 93.24B | 86.91B |
| Stockholders Equity | 58.85B | 62.47B | 56.20B | 55.11B | 45.68B | 38.62B |
Cash Flow | ||||||
| Free Cash Flow | 14.89B | 6.44B | 632.00M | -1.78B | 5.51B | 9.66B |
| Operating Cash Flow | 15.38B | 9.11B | 3.21B | 480.00M | 7.44B | 11.28B |
| Investing Cash Flow | -7.83B | -5.77B | 6.00B | 3.92B | -11.37B | 1.57B |
| Financing Cash Flow | -7.35B | -2.84B | -1.25B | -6.24B | -5.05B | -1.18B |
Skanska AB Technical Analysis
Skanska AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | kr106.92B | 17.32 | 10.45% | 3.30% | 6.02% | 26.26% | |
70 Neutral | $18.31B | 19.86 | 6.97% | 3.85% | -3.73% | -22.34% | |
70 Neutral | kr19.04B | 13.21 | 20.30% | 4.38% | 5.68% | 27.52% | |
68 Neutral | €19.04B | 13.20 | ― | 4.33% | 5.68% | 27.52% | |
65 Neutral | kr60.36B | 27.91 | 18.65% | 2.04% | 2.79% | 14.00% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | kr22.03B | 13.06 | 10.55% | 3.73% | -4.93% | 10.91% |
Skanska AB Corporate Events
Skanska has secured a USD 175 million contract with Ridgeline Development Partners to construct a residential tower and hotel in downtown Nashville, Tennessee. The project, named The Bend, will feature a 12-story residential building with 261 units and a 9-story Moxy Hotel with 188 rooms, alongside retail space. This development is expected to enhance Skanska’s presence in the US market and contribute to the urban landscape of Nashville, with completion anticipated by September 2027.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK295.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska, in partnership with Railroad Construction Company, has secured a contract to build a standby power generation facility in Newark, New Jersey, valued at USD 148 million. The project aims to provide 34 megawatts of standby power for the Newark Bay Wastewater Treatment Plant, ensuring its operation during utility outages. This initiative, expected to be completed by the end of 2027, will strengthen Skanska’s position in the US construction market and enhance infrastructure resilience.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a contract worth EUR 261 million to construct a 9.6-kilometer motorway near Žilina, Slovakia, which will enhance connectivity to Poland and Czechia. This project, expected to commence around late 2025 and last for approximately three and a half years, aims to improve regional traffic flow, safety, and environmental conditions by diverting heavy traffic from local roads.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has announced an investment of NOK 768 million (about SEK 730 million) in a new residential project in Bærum, Norway. The project, named Løkeberggrenda, will include 58 apartments and 28 rowhouses across 10 buildings, with construction starting in the fourth quarter of 2025 and expected completion in the fourth quarter of 2027.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a USD 55 million contract to renovate a 10-story residence hall for a university in New York, which will be included in its US order bookings for the third quarter of 2025. This project, set to begin in fall 2025 and complete by 2027, underscores Skanska’s continued expansion in the US market, potentially enhancing its industry positioning and offering significant implications for stakeholders involved.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
In September 2025, Skanska AB converted 19,000 Class A shares to Class B shares, reducing the total number of votes in the company to 595,635,929. This change reflects Skanska’s compliance with the Swedish Financial Instruments Trading Act and impacts the company’s voting structure, potentially influencing stakeholder dynamics.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska, in collaboration with FlatironDragados, has secured a contract with Los Angeles World Airports for the initial phase of the Airfield and Terminal Modernization Program Roadway Improvements Project at Los Angeles International Airport. The contract, valued at USD 323 million, will see Skanska handling a 55 percent share worth USD 178 million. The project involves significant infrastructure work, including bridge construction, demolition, and utility relocations, with completion expected by the end of 2026.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has sold the second phase of the Brama Miasta office complex in Łódź, Poland, to Łódź Voivodeship for PLN 130M, approximately SEK 340M. This transaction, which will be included in Skanska’s third-quarter financials for 2025, highlights the company’s ongoing commitment to sustainable and inclusive development, as evidenced by the building’s LEED Gold certification and accessibility features.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a contract with Statsbygg to construct a new university building for The Norwegian University of Science and Technology (NTNU) in Trondheim, Norway, valued at NOK 750 million (about SEK 710 million). This project, which will be included in Skanska’s Nordic order bookings for Q3 2025, will feature a six-story, 18,000 square meter facility designed to enhance NTNU’s academic environment for economics and innovation. The construction will commence in October 2025 and is expected to be completed by December 2027, potentially strengthening Skanska’s position in the Nordic construction market.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska AB has released a report titled ‘Procurement for Impact,’ highlighting the strategic role of public procurement in driving innovation, cost efficiency, and competitiveness. The report emphasizes the need for modernizing procurement rules within the EU to enhance infrastructure resilience and efficiency, proposing seven concrete actions to achieve these goals. Skanska’s projects demonstrate that strategic procurement can lead to more efficient and cost-effective infrastructure, supporting decarbonization and energy efficiency. The company advocates for a shift towards strategic procurement methods to maximize taxpayer value and build future-ready infrastructure.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured an additional contract worth USD 116 million with the University of Virginia for the construction of the Paul and Diane Manning Institute of Biotechnology at Fontaine Research Park in Charlottesville, Virginia. This state-of-the-art facility, expected to be completed by the fourth quarter of 2027, will feature modular laboratory spaces and areas for collaboration among researchers and biotechnology companies, enhancing Skanska’s position in the biotechnology construction sector.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a contract worth EUR 95 million to construct a data center in Finland, marking a significant addition to its Nordic order bookings for the third quarter of 2025. The project, set to commence in fall 2025 and conclude by fall 2026, highlights Skanska’s continued expansion in the technology infrastructure sector, potentially enhancing its market position and offering new opportunities for stakeholders.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a USD 73 million contract with Longwood University to build a new performing arts center in Farmville, Virginia, replacing the existing Wygal Hall. The project, which includes state-of-the-art facilities and aims for LEED-NC Silver certification, is set to enhance Skanska’s order bookings in the US for the third quarter of 2025, reflecting the company’s continued growth and commitment to sustainable construction.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a USD 67 million contract with the Trust for Governors Island to construct a new 27kV substation in New York City. This project, set to begin in Summer 2025 and complete by 2027, will support new developments including a public school and the New York Climate Exchange, enhancing Skanska’s role in sustainable urban development.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has announced a significant investment of PLN 241 million (approximately SEK 630 million) in the first phase of a new residential complex, Awangarda Mogilska, in Kraków, Poland. This project, which includes 278 apartments and six commercial units, emphasizes sustainability with features like photovoltaic panels, a heat recovery system, and smart home solutions. The construction is set to begin in August 2025 and is expected to complete by March 2028, marking a strategic expansion in Skanska’s European operations.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has announced an investment of CZK 1.2 billion (approximately SEK 540M) in the third phase of the Modransky cukrovar residential project in Prague, Czech Republic. This phase will include 132 low-energy apartments and aims for a BREEAM rating of Excellent, emphasizing sustainable and low-impact living. The project will feature a large central square, relaxation zones, and art installations, with construction starting in August 2025 and completion expected in 2028.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has announced the divestment of an elderly care home under construction in Falun, Sweden, to Northern Horizon for approximately SEK 330 million. The facility, designed with a focus on dementia care, will feature 80 residential units and various amenities, emphasizing sustainability with a LEED Gold certification and a significantly reduced carbon footprint. This strategic move aligns with Skanska’s commitment to sustainable development and enhances its position in the commercial property sector, while the transfer of ownership is expected in autumn 2027.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska AB has announced its Capital Markets Day to be held on November 18, 2025, in Seattle, Washington. The event will feature presentations on the company’s performance, commercial direction, and financial targets, as well as insights into its US operations. Attendees will have the opportunity to engage with the US management team and participate in project site visits, including a tour of Bellevue’s landmark tower and the I-405/Brickyard to SR 527 project. This event underscores Skanska’s commitment to transparency and engagement with stakeholders, showcasing its ongoing projects and strategic direction in the US market.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a USD 69 million contract with Durham Tech Community College to build a new health sciences facility in Durham, North Carolina. This project, set to begin in September 2025 and complete by November 2027, will enhance the college’s capacity to offer programs in nursing, surgical technology, and other health-related fields, potentially strengthening Skanska’s market position in the U.S. construction sector.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a USD 249 million contract with the Metropolitan Transportation Authority for a major dehumidification project on the Verrazzano-Narrows Bridge in New York. This project, which will be completed by September 2029, involves the installation of a dehumidification system and acoustic monitoring on the bridge’s main cables, along with various maintenance tasks. This contract enhances Skanska’s presence in the US infrastructure sector and demonstrates its capability in executing large-scale, complex projects.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK235.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a USD 91 million contract with the Highline Public Schools District to replace the Pacific Middle School in Des Moines, Washington. The project involves constructing a new three-story facility to accommodate 950 students, with completion expected by February 2027, enhancing Skanska’s presence in the US education infrastructure sector.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK235.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska has secured a contract to construct a new nursing home in Oslo, Norway, valued at NOK 578 million (approximately SEK 545 million). The project, which aims for high environmental standards with a BREEAM Excellent certification, is set to begin in August 2025 and complete by August 2027, reflecting Skanska’s commitment to sustainable development and strengthening its presence in the Nordic construction market.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK235.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
Skanska AB announced the conversion of 370 Class A shares to Class B shares in July 2025, reducing the total number of votes in the company to 595,806,929. This conversion is part of the company’s compliance with the Swedish Financial Instruments Trading Act, which requires disclosure of such changes, impacting the company’s voting structure and potentially influencing shareholder dynamics.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK245.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.