Seek Returns

ERIC vs. IONQ: Telefonaktiebolaget LM Ericsson vs. IonQ Stock Comparison

How do Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ) both fall under the Technology Hardware & Equipment industry group, but ERIC is classified in Communications Equipment while IONQ is classified in Technology Hardware, Storage & Peripherals.

Telefonaktiebolaget LM Ericsson (ERIC) has more than two decades of public-market history since August 24, 1981, whereas IonQ (IONQ) listed on January 4, 2021 and has a much shorter record to draw on.

IonQ (IONQ) trades as ordinary local shares, while Telefonaktiebolaget LM Ericsson (ERIC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
Profile ItemERICIONQ
NameTelefonaktiebolaget LM Ericsson Sponsored ADRIonQ, Inc.
Country/RegionSwedenUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryCommunications EquipmentTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryCommunications EquipmentTechnology Hardware, Storage & Peripherals
Market Capitalization33.25 billion USD15.16 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateAugust 24, 1981January 4, 2021
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

ERIC
IONQ
GSPC
Loading price history…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
Total Return (1Y)11.58%-40.10%
Total Return (3Y, Annualized)36.47%46.76%
Total Return (5Y, Annualized)2.71%9.52%

Risk Profile

Drawdown History

ERIC
IONQ
GSPC
Loading price history…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

IonQ (IONQ) carries a highly aggressive beta of 3.33, indicating much higher sensitivity to broad-market moves, whereas Telefonaktiebolaget LM Ericsson (ERIC) is closer to market-like at 0.96 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
Volatility (1Y, Annualized)36.32%94.72%
Beta (5Y)0.963.33
Max Drawdown (5Y)-62.81%-90.00%
Avg. Volume (3M)9.73M22.02M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ERIC and IONQ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
Sharpe Ratio (1Y)0.20-0.47
Sortino Ratio (1Y)0.29-0.74

Profitability

ROE (TTM)

Both Telefonaktiebolaget LM Ericsson (ERIC) at 18.09% and IonQ (IONQ) at 6.90% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ERIC

Technology Hardware & Equipment industry group

18.09%

Max
42.47%
Q3
19.13%
ERIC
18.09%
Median
11.00%
Q1
1.63%
Min
-20.62%

IONQ

Technology Hardware & Equipment industry group

6.90%

Max
42.47%
Q3
19.13%
Median
11.00%
IONQ
6.90%
Q1
1.63%
Min
-20.62%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

IonQ (IONQ) at 67.09% converts revenue to bottom-line profit above its industry’s benchmark range, while Telefonaktiebolaget LM Ericsson (ERIC) at 8.36% keeps roughly the typical share for its industry.

ERIC

Technology Hardware & Equipment industry group

8.36%

Max
27.60%
Q3
11.66%
ERIC
8.36%
Median
4.08%
Q1
0.00%
Min
-11.02%

IONQ

Technology Hardware & Equipment industry group

67.09%

IONQ
67.09%
Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Telefonaktiebolaget LM Ericsson (ERIC) reports 0.00%, ranking against industry peers normally.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
ERIC
0.00%
Min
-21.39%

IONQ

Technology Hardware & Equipment industry group

-249.14%

Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
IONQ
-249.14%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
ROE (TTM)18.09%6.90%
ROA (TTM)7.07%-12.60%
Net Margin (TTM)8.36%67.09%
Operating Margin (TTM)0.00%-249.14%
Gross Margin (TTM)48.01%24.67%

Growth

Revenue Growth

IonQ (IONQ) at 201.85% delivers above-range revenue growth, while Telefonaktiebolaget LM Ericsson (ERIC) at -4.52% falls into the bottom quartile — a wide split in revenue momentum.

Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Telefonaktiebolaget LM Ericsson (ERIC) reports EPS growth of 85,000.00%, ranked against its industry; IonQ (IONQ) has no EPS growth figure this period.

Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
Revenue Growth (YoY)-4.52%201.85%
Revenue Growth (3Y CAGR)-4.48%126.89%
EPS Growth (YoY)85,000.00%--
EPS Growth (3Y CAGR)14.83%--

Financial Strength

Current Ratio (MRQ)

IonQ (IONQ) at 4.24 carries current ratio above its industry’s typical mid-range, while Telefonaktiebolaget LM Ericsson (ERIC) at 1.16 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

ERIC

Technology Hardware & Equipment industry group

1.16

Max
5.34
Q3
3.02
Median
1.95
Q1
1.32
ERIC
1.16
Min
0.17

IONQ

Technology Hardware & Equipment industry group

4.24

Max
5.34
IONQ
4.24
Q3
3.02
Median
1.95
Q1
1.32
Min
0.17
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Telefonaktiebolaget LM Ericsson (ERIC) at 0.41 runs a more typical debt-to-equity mix.

ERIC

Technology Hardware & Equipment industry group

0.41

Max
1.76
Q3
0.78
ERIC
0.41
Median
0.24
Q1
0.04
Min
0.01

IONQ

Technology Hardware & Equipment industry group

0.01

Max
1.76
Q3
0.78
Median
0.24
Q1
0.04
IONQ
0.01
Min
0.01
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
Current Ratio (MRQ)1.164.24
Debt / Equity (MRQ)0.410.01
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Neither Telefonaktiebolaget LM Ericsson (ERIC) nor IonQ (IONQ) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
ERIC
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

IONQ

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
IONQ
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

IonQ (IONQ) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Telefonaktiebolaget LM Ericsson (ERIC) reports a payout of 51.66%, ranking against industry peers normally.

ERIC

Technology Hardware & Equipment industry group

51.66%

ERIC
51.66%
Max
32.27%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%

IONQ

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
IONQ
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)51.66%0.00%

Valuation

P/E Ratio (TTM)

Both Telefonaktiebolaget LM Ericsson (ERIC) at 16.55 and IonQ (IONQ) at 18.86 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

ERIC

Technology Hardware & Equipment industry group

16.55

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
ERIC
16.55
Min
6.07

IONQ

Technology Hardware & Equipment industry group

18.86

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
IONQ
18.86
Min
6.07
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

A sales-based read is only available for IonQ (IONQ), whose P/S ratio of 39.84 ranks against industry peers; Telefonaktiebolaget LM Ericsson (ERIC) reports no figure this period.

ERIC

Technology Hardware & Equipment industry group

--

Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
ERIC
--

IONQ

Technology Hardware & Equipment industry group

39.84

IONQ
39.84
Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): ERIC does not report P/S ratio, so it has no value marker; IONQ is benchmarked against the Technology Hardware & Equipment industry group.

P/B Ratio (MRQ)

Telefonaktiebolaget LM Ericsson (ERIC) at 0.33 sits in the lower P/B ratio quartile against book while IonQ (IONQ) at 2.67 is valued near its industry’s middle — ERIC is cheaper on assets, though weigh it against ROE and asset quality.

ERIC

Technology Hardware & Equipment industry group

0.33

Max
10.75
Q3
5.52
Median
3.17
Q1
1.79
ERIC
0.33
Min
0.33

IONQ

Technology Hardware & Equipment industry group

2.67

Max
10.75
Q3
5.52
Median
3.17
IONQ
2.67
Q1
1.79
Min
0.33
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. IonQ (IONQ): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Telefonaktiebolaget LM Ericsson (ERIC) and IonQ (IONQ)
MetricERICIONQ
P/E Ratio (TTM)16.5518.86
P/S Ratio (TTM)--39.84
P/B Ratio (MRQ)0.332.67
Free Cash Flow Yield (TTM)86.49%-2.81%