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	FY 2022	FY 2021
Period Ending	May '26 May 8, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	72,257	36,090	23,818	18,875	25,950	35,051
Market Cap Growth	165.22%	51.52%	26.19%	-27.27%	-25.96%	59.60%
Enterprise Value	69,417	33,600	20,027	18,875	25,950	35,051
Last Close Price	12.82	6.46	4.43	3.42	4.64	6.22
PE Ratio	78.73	45.92	18.52	25.75	-	-
PS Ratio	3.13	1.55	1.19	0.81	-	-
PB Ratio	2.95	1.47	1.11	-	-	-
P/TBV Ratio	3.39	1.70	1.19	-	-	-
P/FCF Ratio	44.63	21.00	11.33	25.68	-	-
P/OCF Ratio	31.91	14.85	9.18	12.96	-	-
EV/Sales Ratio	3.01	1.44	1.00	0.81	-	-
EV/EBITDA Ratio	23.73	14.29	6.45	6.05	-	-
EV/EBIT Ratio	35.67	32.36	9.77	9.85	-	-
EV/FCF Ratio	42.87	19.55	9.52	25.68	-	-
Debt / Equity Ratio	0.15	0.20	0.22	-	-	-
Debt / EBITDA Ratio	-	2.20	1.59	-	-	-
Debt / FCF Ratio	-	3.01	2.35	-	-	-
Net Debt / Equity Ratio	-0.12	-0.10	-0.17	-	-	-
Net Debt / EBITDA Ratio	-	-1.00	-1.18	-	-	-
Net Debt / FCF Ratio	-	-1.37	-1.75	-	-	-
Asset Turnover	-	0.52	0.98	-	-	-
Inventory Turnover	-	5.14	9.58	-	-	-
Quick Ratio	1.26	1.30	1.32	-	-	-
Current Ratio	1.57	1.58	1.58	-	-	-
Return on Equity (ROE)	-	1.73%	12.24%	-	-	-
Return on Assets (ROA)	-	1.31%	7.75%	-	-	-
Return on Invested Capital (ROIC)	-	1.80%	10.97%	-	-	-
Return on Capital Employed (ROCE)	-	3.20%	14.20%	-	-	-
Earnings Yield	1.27%	2.18%	5.40%	3.88%	0.00%	0.00%
FCF Yield	2.24%	4.76%	8.83%	3.89%	0.00%	0.00%
Dividend Yield	0.86%	2.54%	3.10%	3.62%	0.00%	0.00%
Payout Ratio	66.93%	209.67%	56.93%	185.93%	-	-
Buyback Yield / Dilution	-1.90%	0.50%	0.99%	0.02%	-	-
Total Shareholder Return	-1.04%	3.05%	4.09%	3.64%	0.00%	0.00%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q