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	Jun '26 Jun 18, 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	75,865	36,090	23,818	18,875	25,950	35,051
Market Cap Growth	150.15%	51.52%	26.19%	-27.27%	-25.96%	59.60%
Enterprise Value	73,095	33,838	20,235	16,089	22,802	31,066
Last Close Price	13.49	6.46	4.43	3.42	4.64	6.22
PE Ratio	82.66	45.92	18.52	25.75	5.85	18.86
PS Ratio	3.29	1.55	1.19	0.81	1.02	1.39
PB Ratio	3.09	1.47	1.11	0.83	1.13	1.78
P/TBV Ratio	4.72	2.62	1.74	1.37	1.83	3.43
P/FCF Ratio	48.22	17.31	9.78	14.09	27.71	14.93
P/OCF Ratio	33.50	17.31	9.78	14.09	16.41	11.74
EV/Sales Ratio	3.17	1.45	1.01	0.69	0.89	1.23
EV/EBITDA Ratio	24.99	14.39	6.52	5.16	6.18	8.40
EV/EBIT Ratio	37.56	32.59	9.87	8.40	9.25	12.66
EV/FCF Ratio	46.46	16.23	8.31	12.01	24.35	13.23
Debt / Equity Ratio	0.15	0.20	0.22	0.24	0.25	0.31
Debt / EBITDA Ratio	1.67	2.20	1.59	1.84	1.61	1.74
Debt / FCF Ratio	4.47	2.48	2.03	4.28	6.32	2.74
Net Debt / Equity Ratio	-0.12	-0.10	-0.17	-0.13	-0.14	-0.21
Net Debt / EBITDA Ratio	-1.26	-1.00	-1.18	-0.93	-0.88	-1.11
Net Debt / FCF Ratio	-3.37	-1.13	-1.51	-2.15	-3.47	-1.75
Asset Turnover	0.53	0.52	0.49	0.51	0.57	0.58
Inventory Turnover	4.87	5.14	4.24	4.21	4.83	5.77
Quick Ratio	1.26	1.30	1.32	1.34	1.27	1.38
Current Ratio	1.57	1.58	1.58	1.65	1.59	1.62
Return on Equity (ROE)	3.70%	3.05%	8.27%	3.09%	21.61%	11.02%
Return on Assets (ROA)	1.70%	1.61%	4.08%	1.85%	10.73%	4.86%
Return on Invested Capital (ROIC)	2.22%	2.12%	5.50%	2.55%	14.95%	6.69%
Return on Capital Employed (ROCE)	3.33%	3.20%	6.95%	5.87%	7.91%	8.24%
Earnings Yield	1.21%	2.18%	5.40%	3.88%	17.09%	5.30%
FCF Yield	2.07%	5.78%	10.23%	7.10%	3.61%	6.70%
Dividend Yield	0.81%	2.54%	3.10%	3.62%	1.45%	0.03%
Payout Ratio	66.93%	116.59%	56.62%	93.38%	8.29%	0.55%
Buyback Yield / Dilution	-1.90%	0.50%	0.99%	1.48%	0.25%	-0.85%
Total Shareholder Return	-1.08%	3.05%	4.09%	5.10%	1.70%	-0.83%

SEC Filings: 10-K · 10-Q