AB SKF (publ)

Stockholm Stock Exchange:SKF-B.ST

Sector

🏭 Industrials

Industries

🔩 Machinery

🚗 Automotive Parts

🏗️ Steel

Location

Sweden

Market Cap

USD 9.76 B

Share Price

USD 21.45

Avg Daily Volume

1,599,460

Change (1 day)

-0.95%

Change (1 year)

6.49%

Change (YTD)

14.40%

AB SKF (publ) Depreciation And Amortization for the year ending December 31, 2024: USD 398.88 M

AB SKF (publ) Depreciation And Amortization is USD 398.88 M for the year ending December 31, 2024, a -2.55% change year over year. Depreciation and amortization are expense that reduces the value of tangible and intangible assets over their useful lives for tax and reporting purposes.

AB SKF (publ) Depreciation And Amortization for the year ending December 31, 2023 was USD 409.31 M, a 13.27% change year over year.
AB SKF (publ) Depreciation And Amortization for the year ending December 31, 2022 was USD 361.37 M, a -0.69% change year over year.
AB SKF (publ) Depreciation And Amortization for the year ending December 31, 2021 was USD 363.88 M, a -11.72% change year over year.
AB SKF (publ) Depreciation And Amortization for the year ending December 31, 2020 was USD 412.20 M, a 10.81% change year over year.

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Key data

Date	Depreciation And Amortization	Dividends Paid	Common Stock Issued	Common Stock Repurchased

Stockholm Stock Exchange: SKF-B.ST

AB SKF (publ)

CEO	Mr. Rickard Gustafson
IPO Date	Jan. 3, 2000
Location	Sweden
Headquarters	Sven Wingquists Gata 2
Employees	38,426
Sector	🏭 Industrials
Industries Machinery 🚗 Automotive Parts 🏗️ Steel

Description

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products. It also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. The company offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers, buses, two and three wheelers, and wind energy. AB SKF (publ) was founded in 1907 and is headquartered in Gothenburg, Sweden.