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Volvo Group

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The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines

Göteborgs Stad, SwedenFounded 1927Transportation
Valuation $83B Market cap · 2026
Revenue $61B Latest reported FY
EBITDA $9.40B Latest reported FY

About Volvo Group

Volvo Group is a Swedish multinational manufacturer of commercial vehicles and equipment, headquartered in Gothenburg. Founded in 1927, the Group develops and produces trucks, buses, construction equipment, and marine and industrial drive systems across brands including Volvo, Renault Trucks, Mack Trucks, and Volvo Construction Equipment. It serves freight, passenger transport, construction, and industrial customers worldwide, combining vehicle manufacturing with financing, service, and connectivity solutions. The Group is investing heavily in zero-emission transport, offering battery-electric trucks and buses, hydrogen fuel-cell vehicles developed with partners through its cellcentric joint venture, and electric construction equipment, with the stated aim of moving toward fossil-free operations and solutions.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1927
Headquarters
Göteborgs Stad, Sweden
Listing
IPO 2004
Employees
80,909
Open positions
None listed
Dealroom signal
0.0/100
Industry
Transportation
Sub-industry
Vehicle Production
Sector
Transportation, Automotive, Bus, Outside Tech, Commercial Vehicles, Electric Mobility, EV Manufacturing, Autonomous Vehicle, Dealflow Innovator, Hydrogen Vehicles, Horizon Europe
Business model
Manufacturing
Client focus
b2b
Investment activity
8 companies, latest Apr 2025
Capital deployed
$1B
Preferred round
ACQUISITION

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SECONDARY✓Other financing Dec 2025 $0 — Undisclosed ↗
IPO✓Exit Oct 2004 $0 — Undisclosed —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $61B +4.5% $9.4B 15.5% $5.1B 8.4% $3.2B
2025 $58B -9% $8.8B 15.2% $4.2B 7.2% $3.2B
2024 $64B -4.7% $11B 17.3% $6.1B 9.6% $3.7B
2023 $67B +16.7% $12B 18.2% $3.2B
2022 $57B +27.2% $8.4B 14.7%
2021 $45B +10% $7.4B 16.4%
2020 $41B — $6.3B 15.3%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Volvo Group website traffic

Latest recorded traffic for Volvo Group is 190K monthly website visits, up 58.3% over the last three months. Volvo Group's team grew 36.8% over the past year.

Latest monthly visits190K 3-month web change+58.3% 1-year team growth+36.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Truck Centre WAForrestfield, AustraliaLeading truck dealership in Perth offering sales, service, and genuine parts for Mack and Volvo trucks ProterraBurlingame, United StatesA leader in the design and manufacture of zero-emission heavy-duty vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities $210Mvaluation PowerSecure InternationalWake Forest, United StatesUtility and energy technologies to electric utilities and their industrial and commercial customers $431Mvaluation AuroraPittsburgh, United StatesSelf-driving vehicle technology company $12Bvaluation Designwerk TechnologiesWinterthur, SwitzerlandDesignwerk | Engineering | Design | EV charging REINChapel Hill, United StatesInsurtech company that creates new insurance products within online ecosystems, mobility and robotics $72Mvaluation OptiGridNewark, United StatesBattery-integrated ultrafast EV charging for commercial fleets, built on technology originally developed by FreeWire Technologies $117Mvaluation AdnavemGöteborgs Stad, SwedenOffers a a new online marketplace that connects transport buyers and transport sellers $16Mvaluation Flock FreightEncinitas, United StatesDriving industry change and powering shared truckload service with top-tier talent and advanced algorithms $454Mvaluation Apex.AIPalo Alto, United StatesApex.AI is building an operating system for autonomous vehicles $226Mvaluation VinngroupSwedenOne of Sweden's fastest growing consulting groups Upstream SecurityHerzliya, IsraelThe first cybersecurity platform for connected and autonomous vehicles $248Mvaluation

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors1 additional known investor

  • Kindred Ventures
Team profiled 453 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇸🇪 Sweden · Göteborgs Stad HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Volvo Group on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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