SKF Overview
- Year Founded
-
1907
- Status
-
Public
- Employees
-
38,743
- Stock Symbol
-
SKF B
- Investments
-
61
- Share Price
-
$21.62
- (As of Friday Closing)
SKF General Information
Description
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.
Contact Information
Website
www.skf.comCorporate Office
- Sven Wingqvists gata 2
- 415 26 Gothenburg
- Sweden
Corporate Office
- Sven Wingqvists gata 2
- 415 26 Gothenburg
- Sweden
SKF Stock Performance
As of 21-Mar-2025, SKF’s stock price is $21.62. Its current market cap is $9.8B with 455M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $21.62 | $21.99 | $17.08 - $23.80 | $9.8B | 455M | 1.39M | $1.34 |
SKF Financials Summary
As of 31-Dec-2024, SKF has a trailing 12-month revenue of $9.3B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 9,731,625 | 9,731,625 | 10,387,906 | 8,274,041 |
| Revenue | 9,334,584 | 9,334,584 | 9,773,264 | 9,554,888 |
| EBITDA | 1,307,496 | 1,307,496 | 1,323,348 | 1,123,820 |
| Net Income | 612,144 | 612,144 | 601,650 | 440,519 |
| Total Assets | 10,822,767 | 10,822,767 | 11,197,085 | 10,633,160 |
| Total Debt | 1,816,468 | 1,816,468 | 2,134,494 | 2,038,574 |
SKF Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
SKF Comparisons
Industry
Financing
Details
SKF Competitors (25)
One of SKF’s 25 competitors is The Timken Company, a Corporation company based in North Canton, OH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| The Timken Company | Corporation | North Canton, OH | ||||
| Kennametal | Corporation | Pittsburgh, PA | ||||
| NSK | Corporation | Tokyo, Japan | ||||
| Parker-Hannifin | Corporation | Cleveland, OH | ||||
| Bimetal Bearings | Corporation | Coimbatore, India |
SKF Patents
SKF Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-4505493-A | Slalom ski binding | Inactive | 19-Jun-1978 |
SKF Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
SKF Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
SKF Investments & Acquisitions (61)
SKF’s most recent deal was a Merger/Acquisition with JSG Industrial Systems. The deal was made on 31-Oct-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| JSG Industrial Systems | 31-Oct-2024 | Merger/Acquisition | Industrial Supplies and Parts | ||
| FL Meca | 25-Jun-2024 | Merger/Acquisition | Machinery (B2B) | ||
| Retromotion | 01-Mar-2024 | Later Stage VC | Automotive | ||
| 2C Composites | 14-Nov-2023 | Merger/Acquisition | Industrial Supplies and Parts | ||
| EBARA Pumps Europe | 24-Jul-2023 | Merger/Acquisition | Machinery (B2B) |
SKF ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
15.88 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,946
Rank
Percentile
Machinery
Industry
of 579
Rank
Percentile
Industrial Machinery
Subindustry
of 427
Rank
Percentile
SKF Exits (5)
SKF’s most recent exit was on 16-Oct-2013 from Kaydon. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Kaydon | 16-Oct-2013 | Completed |
|
||
| Baker Instruments Company | 21-Jun-2007 | Completed |
|
||
| ERIKS Rubber & Plastics | 01-Jan-2006 | Completed |
|
||
| ERIN Engineering and Research | 15-Feb-2002 | Completed |
|
||
| Roller Bearing Industries | 15-Dec-2000 | Merger/Acquisition | Completed |
SKF Affiliates
Subsidiaries (16)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| FL Meca | Esvres-sur-Indre, France | 2016 | |
| Laser Cladding Venture | Oudsbergen, Belgium | 2015 | |
| Presenso | Haifa, Israel | 2015 | |
| SKF koncernens gemensamma Pensionsstiftelse | Gothenburg, Sweden | 2000 | |
| 2C Composites | Heinsberg, Germany | 2000 |
SKF FAQs
-
When was SKF founded?
SKF was founded in 1907.
-
Where is SKF headquartered?
SKF is headquartered in Gothenburg, Sweden.
-
What is the size of SKF?
SKF has 38,743 total employees.
-
What industry is SKF in?
SKF’s primary industry is Industrial Supplies and Parts.
-
Is SKF a private or public company?
SKF is a Public company.
-
What is SKF’s stock symbol?
The ticker symbol for SKF is SKF B.
-
What is the current stock price of SKF?
As of 21-Mar-2025 the stock price of SKF is $21.62.
-
What is the current market cap of SKF?
The current market capitalization of SKF is $9.8B.
-
What is SKF’s current revenue?
The trailing twelve month revenue for SKF is $9.3B.
-
Who are SKF’s competitors?
The Timken Company, Kennametal, NSK, Parker-Hannifin, and Bimetal Bearings are some of the 25 competitors of SKF.
-
What is SKF’s annual earnings per share (EPS)?
SKF’s EPS for 12 months was $1.34.
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