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.
| Profile Item | ERIC | IONQ |
|---|---|---|
| Name | Telefonaktiebolaget LM Ericsson Sponsored ADR | IonQ, Inc. |
| Country/Region | Sweden | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 33.25 billion USD | 15.16 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | August 24, 1981 | January 4, 2021 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ERIC | IONQ |
|---|---|---|
| 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
Return Distribution
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.
| Metric | ERIC | IONQ |
|---|---|---|
| Volatility (1Y, Annualized) | 36.32% | 94.72% |
| Beta (5Y) | 0.96 | 3.33 |
| Max Drawdown (5Y) | -62.81% | -90.00% |
| Avg. Volume (3M) | 9.73M | 22.02M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ERIC | IONQ |
|---|---|---|
| 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%
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%
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%
Profitability Metrics
| Metric | ERIC | IONQ |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | ERIC | IONQ |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | ERIC | IONQ |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 4.24 |
| Debt / Equity (MRQ) | 0.41 | 0.01 |
| 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%
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%
Dividend Metrics
| Metric | ERIC | IONQ |
|---|---|---|
| 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
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
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
Valuation Metrics
| Metric | ERIC | IONQ |
|---|---|---|
| P/E Ratio (TTM) | 16.55 | 18.86 |
| P/S Ratio (TTM) | -- | 39.84 |
| P/B Ratio (MRQ) | 0.33 | 2.67 |
| Free Cash Flow Yield (TTM) | 86.49% | -2.81% |