Swedbank AB (publ)

SWDBFOTCFinancial Services● Active

$35.50

+$0.67(+1.92%)

Market Cap$39.9B

P/E Ratio—

52W High$41.08

52W Low$24.87

Avg Volume1K

Open$35.50

Beta0.55

Free Cash Flow Financials Revenue

Swedbank AB (publ) (SWDBF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SWDBF · free cash flow · updated Jun 9, 2026

Core FCF metrics

SWDBF · FCF · TTM · margin & CAGR

Free cash flow was −$46.83B for FY2025 (fiscal year ending 2025-12-31), down 158.2% year-over-year The FCF margin was -40.4%.

FY2025 Free Cash Flow−$46.83B▼ -158.2% YoY

Trailing 12M (TTM)−$45.85Btrailing 4 quarters sum

FCF Margin-40.4%−$46.83B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SWDBF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$46.34B(490M)−$46.83B▼ 158.2%-40.4%

FY2024$80.82B(407M)$80.41B▲ +155.1%109.7%

FY2023−$145.15B(852M)−$146.00B▼ 669.1%-111.3%

FY2022−$18.62B(363M)−$18.98B▼ 138.6%-29.4%

FY2021$49.41B(253M)$49.16B▼ 54.9%99.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SWDBF · P/FCF · FCF yield · FCF per share

Swedbank AB (publ) (SWDBF) reported negative free cash flow of −$46.83B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SWDBF · cash flow statement · operating / investing / financing

For FY2025, Swedbank AB (publ) generated −$46.34B in operating cash flow and spent 490M in capital expenditures, yielding −$46.83B in free cash flow.

Operating Activities

−$46.34B

Cash from core business operations

2025-12-31

Investing Activities

−$3.67B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.43B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$46.34B) − |CapEx| (490M) = FCF (−$46.83B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

SWDBF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Swedbank AB (publ)YOU

SWDBF

−$46.83B-158.2%-40.4%

Loss

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Swedbank AB (publ) (SWDBF) reported free cash flow of −$46.83B for FY2025 (fiscal year ending 2025-12-31), down 158.2% year-over-year. The FCF margin was -40.4%.

Based on available data, Swedbank AB (publ) has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $108.87B in FY2020.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SWDBF free cash flow · 8 questions

Swedbank AB (publ) free cash flow was −$46.83B for FY2025, down 158.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$45.85B.

SWDBF free cash flowSWDBF FCFSWDBF FCF 2025SWDBF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Swedbank AB (publ) · Swedbank AB (publ) SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026