Investment company Industrivärden's net asset value stood at SEK 444 per share as of December 31, 2025. Over the year, the net asset value increased by 20 percent, equivalent to SEK 74 per share. On February 5, 2026, the net asset value amounted to SEK 503 per share. The board is proposing an increased regular dividend.
Operating profit for the fourth quarter was SEK 18,505 million (-3,153).
This includes dividend income of SEK 0 million (118) and changes in the value of shares totaling SEK 18,529 million (-3,239).
Profit before tax was SEK 18,467 million (-3,186).
Profit after tax amounted to SEK 18,418 million (-3,187).
Earnings per share reached SEK 42.64 (-7.38).
A regular dividend of SEK 8.75 per share (8.25) is proposed.
Total return for the year was 22 percent for both the A and C shares, compared to 13 percent for the Stockholm Stock Exchange's total return index SIXRX.
During 2025, shares were acquired for a total of SEK 4.6 billion, of which SEK 1.3 billion was in Volvo, SEK 1.2 billion in Essity, SEK 1.0 billion in SCA, SEK 0.8 billion in Sandvik, SEK 0.2 billion in Handelsbanken, and SEK 0.1 billion in Alleima. Insider purchases are reported continuously to the insider register.
| Industrivärden, SEK m | Q4-2025 | Q4-2024 | Change |
| Operating profit | 18 505 | -3 153 | |
| Profit before tax | 18 467 | -3 186 | |
| Net profit | 18 418 | -3 187 | |
| Earnings per share, SEK | 42.64 | -7.38 | |
| Net asset value per share, SEK | 444 | 370 | 20.0% |
| Ordinary annual dividend per share, SEK | 8.75 | 8.25 | 6.1% |


















