Telenor ASA (OSL:TEL)
Norway flag Norway · Delayed Price · Currency is NOK
133.80
-0.50 (-0.37%)
Jul 31, 2026, 4:26 PM CET

Telenor ASA Financials Overview

Millions NOK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
76,48076,54875,48780,45276,87797,153
Revenue Growth
-0.52%1.41%-6.17%4.65%-20.87%-16.13%
Gross Profit
59,24759,30458,17461,39659,05871,562
Operating Income
16,85117,97817,91216,96415,14317,654
Net Income
5,5517,03418,33613,73444,9131,528
Earnings Per Share
9.505.1413.329.9032.091.09
EPS Growth
28.21%-61.41%34.54%-69.15%2844.04%-91.15%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Nordics
59,09859,34156,56056,32152,47752,527
Asia
14,01013,72415,47720,19920,97320,068
Infrastructure
3,2583,3183,2823,3993,427-
Amp
3,6233,5173,4954,7344,525-
Other Segment
1,4341,4761,7041,4741,7947,518
Eliminations
-4,943-4,829-5,031-5,675-6,319-4,838
Revenue (Total)
76,48076,54875,48780,45276,87797,153

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
40,12817,16011,99421,20710,29016,062
Total Debt
87,247101,853101,621104,783122,984132,165
Net Cash (Debt)
-47,119-84,693-89,627-83,576-112,694-116,103
Net Cash Growth
------
Net Cash Per Share
-34.44-61.90-65.12-60.23-80.53-82.96

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
14,06531,22231,48129,12039,22242,272
Capital Expenditures
-10,380-11,338-12,929-14,728-19,298-19,447
Free Cash Flow
3,68519,88418,55214,39219,92422,825
Free Cash Flow Growth
104.50%7.18%28.90%-27.77%-12.71%-8.04%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
77.47%77.47%77.06%76.31%76.82%73.66%
Operating Margin
22.03%23.49%23.73%21.09%19.70%18.17%
Pretax Margin
6.62%21.76%31.12%1.36%12.15%14.13%
Profit Margin
22.76%16.06%26.20%-4.02%16.06%8.97%
FCF Margin
4.82%25.98%24.58%17.89%25.92%23.49%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
9.7009.7009.6009.5009.4009.300
Dividend Per Share Growth
1.04%1.04%1.05%1.06%1.07%3.33%
Dividend Yield
7.25%6.54%7.49%8.05%10.15%6.49%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.4228.549.5311.782.85127.16
Forward PE
14.6415.0315.8116.2111.8516.83
P/FCF Ratio
10.0910.099.3611.226.438.50
PS Ratio
2.422.622.302.011.672.00