Volvo ABVOLAF -1.64%92 EPS without NRI is $1.73 as of Mar. 2026. GuruFocus rates VOLAF with a GF Score™ of 92/100 and a GF Value™ of $25.40 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 173 Farm & Heavy Construction Machinery companies, Volvo AB ranks worse than 58.38% on this metric.
Volvo AB's earnings per share without non-recurring items for the
three
months ended in Mar. 2026 was $0.44.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was $1.73.
During the past 12 months, Volvo AB's average earnings per share (NRI) Growth Rate was -28.80% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was -0.30% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 12.50% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 11.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Volvo AB's EPS without NRI or its related term are showing as below:
VOLAF'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -445.3 Med: 5.45 Max: 285.5
Current: -0.3
During the past 13 years, Volvo AB's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 285.50% per year. The lowest was -445.30% per year. And the median was 5.45% per year.
VOLAF's 3-Year EPS without NRI Growth Rate is ranked worse than 58.38% of 173
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.5
vs VOLAF: -0.30
Volvo AB's EPS (Diluted) for the
three
months ended in Mar. 2026 was $0.44.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.73.
Volvo AB's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.44.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.73.
Volvo AB (OTCPK:VOLAF) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Volvo AB EPS without NRI Related Terms
Volvo AB EPS without NRI Historical Data
* Premium members only.
The historical data trend for Volvo AB's EPS without NRI can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
VOLAF vs CAT, DE, PCAR: EPS without NRI Comparison
For the Farm & Heavy Construction Machinery subindustry, Volvo AB's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Volvo AB PE Ratio without NRI vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo AB's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Volvo AB's PE Ratio without NRI falls into.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.73
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Volvo AB (VOLAF) has a EPS without NRI of $1.73 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Volvo AB and its competitors. According to the industry distribution chart, Volvo AB ranks #101 out of 173 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 58.4%.
Is Volvo AB's EPS without NRI too high?
Volvo AB's current EPS without NRI is $1.73. The Farm & Heavy Construction Machinery industry median EPS without NRI is 4.50. Volvo AB's value of $1.73 is 61.6% below this industry median. Based on the distribution chart, Volvo AB ranks #101 out of 173 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Volvo AB has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Volvo AB's EPS without NRI compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Volvo AB ranks #101 out of 173 companies for EPS without NRI. This places Volvo AB in the lower half of its industry. The industry median EPS without NRI is 4.50. Volvo AB's value of $1.73 is 61.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Farm & Heavy Construction Machinery company?
The median EPS without NRI among Farm & Heavy Construction Machinery companies is 4.50, based on 173 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Volvo AB's current EPS without NRI of $1.73 is 61.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Volvo AB and its competitors. For the Farm & Heavy Construction Machinery industry, the median EPS without NRI is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volvo AB's current EPS without NRI is $1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volvo AB stock overvalued right now?
Based on GuruFocus' analysis, Volvo AB (VOLAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.40, compared to a current price of $34.15 — trading 34.4% above its estimated fair value. The current EPS without NRI is $1.73 and 61.6% below the Farm & Heavy Construction Machinery industry median of 4.50. Volvo AB's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Volvo AB (VOLAF), the current EPS without NRI is $1.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Volvo AB (VOLAF) Overvalued in 2026?
Based on GuruFocus' analysis, Volvo AB stock appears to be overvalued.
The current stock price of $34.15 is trading 34.4% above its estimated GF Value™ of $25.40.
GuruFocus considers Volvo AB to be Modestly Overvalued.
Key valuation signals for VOLAF:
EPS without NRI: $1.73
GF Value™: $25.40 vs. price of $34.15 (34.4% above fair value)
Industry Position: 61.6% below the Farm & Heavy Construction Machinery median (#101 of 173)
No single metric tells the full story. See the VOLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Volvo Group is one of the largest global truck, bus, construction equipment, and engine and power system original equipment manufacturers, operating with the Volvo, Renault Truck, Mack Trucks, Volvo Penta, and Nova Bus brands. Among the four largest Western global brands—Volvo, Daimler, Paccar, and Traton—Volvo ranks third in terms of annual deliveries. Its truck, construction equipment, bus, and engines and power system segments contributed 71%, 18%, 5%, and 5%, respectively, to industrial operations' revenue in 2025. An in-house financial services division supports these businesses. In its key regions of Europe, North America, Brazil, and Australia, the truck business holds large market shares of 29%, 17%, 24%, and 22%, respectively.
92GF Score
Get the complete analysis for VOLAF
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VOLAF has been successfully added to your 
