Nokia Oyj Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Market Cap	44,330	36,089	23,818	18,875
Market Cap Growth	52.07%	51.52%	26.19%	-
Enterprise Value	42,097	32,328	19,019	18,875
Last Close Price	7.98	6.46	4.43	3.42
PE Ratio	58.00	45.92	18.52	25.75
PS Ratio	1.90	1.55	1.19	0.81
PB Ratio	1.79	1.47	1.11	-
P/TBV Ratio	2.09	1.70	1.19	-
P/FCF Ratio	26.21	21.00	11.33	25.68
P/OCF Ratio	18.23	14.85	9.18	12.96
EV/Sales Ratio	1.80	1.39	0.95	0.81
EV/EBITDA Ratio	14.69	13.75	6.13	6.05
EV/EBIT Ratio	23.34	31.13	9.28	9.85
EV/FCF Ratio	24.89	18.81	9.04	25.68
Debt / Equity Ratio	0.15	0.15	0.17	-
Debt / EBITDA Ratio	2.20	2.20	1.59	-
Debt / FCF Ratio	3.01	3.01	2.35	-
Net Debt / Equity Ratio	-0.10	-0.10	-0.17	-
Net Debt / EBITDA Ratio	-1.00	-1.00	-1.18	-
Net Debt / FCF Ratio	-1.37	-1.37	-1.75	-
Asset Turnover	0.52	0.52	0.98	-
Inventory Turnover	5.14	5.14	9.58	-
Quick Ratio	1.22	1.22	1.25	-
Current Ratio	1.58	1.58	1.58	-
Return on Equity (ROE)	3.05%	3.05%	16.49%	-
Return on Assets (ROA)	1.61%	1.61%	8.24%	-
Return on Invested Capital (ROIC)	2.46%	2.46%	13.02%	-
Return on Capital Employed (ROCE)	3.20%	3.20%	14.20%	-
Earnings Yield	1.72%	2.18%	5.40%	3.88%
FCF Yield	3.82%	4.76%	8.83%	3.89%
Dividend Yield	1.35%	2.54%	3.10%	3.62%
Payout Ratio	80.69%	116.59%	56.62%	93.38%
Buyback Yield / Dilution	0.50%	0.50%	0.99%	-
Total Shareholder Return	1.86%	3.05%	4.09%	3.62%

Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q