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	Jul '26 Jul 31, 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	51,253	36,119	23,803	18,898	25,924	35,050
Market Cap Growth	122.45%	51.74%	25.96%	-27.10%	-26.04%	59.58%
Enterprise Value	49,327	33,867	20,219	16,112	22,775	31,065
Last Close Price	9.14	6.47	4.43	3.42	4.64	6.22
PE Ratio	63.36	45.95	18.51	25.78	5.85	18.86
PS Ratio	2.20	1.55	1.19	0.81	1.02	1.39
PB Ratio	2.11	1.47	1.11	0.83	1.13	1.78
P/TBV Ratio	3.77	2.62	1.74	1.37	1.83	3.43
P/FCF Ratio	83.04	14.86	9.18	12.98	27.68	14.93
P/OCF Ratio	39.18	14.86	9.18	12.98	16.40	11.74
EV/Sales Ratio	2.12	1.45	1.01	0.69	0.89	1.23
EV/EBITDA Ratio	24.01	14.40	6.51	5.17	6.17	8.40
EV/EBIT Ratio	54.05	32.62	9.86	8.41	9.24	12.66
EV/FCF Ratio	79.92	13.94	7.79	11.07	24.32	13.23
Debt / Equity Ratio	0.15	0.20	0.22	0.24	0.25	0.31
Debt / EBITDA Ratio	1.89	2.20	1.59	1.84	1.61	1.74
Debt / FCF Ratio	4.11	2.13	1.91	3.94	6.32	2.74
Net Debt / Equity Ratio	-0.07	-0.10	-0.17	-0.13	-0.14	-0.21
Net Debt / EBITDA Ratio	-0.83	-1.00	-1.18	-0.93	-0.88	-1.11
Net Debt / FCF Ratio	-1.80	-0.97	-1.42	-1.98	-3.47	-1.75
Asset Turnover	0.54	0.52	0.49	0.51	0.57	0.58
Inventory Turnover	4.55	5.14	4.24	4.21	4.83	5.77
Quick Ratio	1.16	1.30	1.32	1.34	1.27	1.38
Current Ratio	1.51	1.58	1.58	1.65	1.59	1.62
Return on Equity (ROE)	2.90%	3.05%	8.27%	3.09%	21.61%	11.02%
Return on Assets (ROA)	1.42%	1.61%	4.08%	1.85%	10.73%	4.86%
Return on Invested Capital (ROIC)	2.75%	3.40%	9.15%	4.21%	27.62%	14.93%
Return on Capital Employed (ROCE)	2.87%	3.20%	6.95%	5.87%	7.91%	8.24%
Earnings Yield	1.58%	2.18%	5.40%	3.88%	17.11%	5.30%
FCF Yield	1.20%	6.73%	10.90%	7.70%	3.61%	6.70%
Dividend Yield	1.19%	2.54%	3.10%	3.62%	1.45%	0.03%
Payout Ratio	80.24%	116.59%	56.62%	93.38%	8.31%	0.55%
Buyback Yield / Dilution	-2.76%	0.50%	0.99%	1.48%	0.25%	-0.85%
Total Shareholder Return	-1.57%	3.04%	4.09%	5.10%	1.70%	-0.83%

SEC Filings: 10-K · 10-Q