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 10, 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	69,878	36,090	23,818	18,875	25,950	35,051
Market Cap Growth	141.11%	51.52%	26.19%	-27.27%	-25.96%	59.60%
Enterprise Value	67,119	33,838	20,235	16,089	22,802	31,066
Last Close Price	12.44	6.46	4.43	3.42	4.64	6.22
PE Ratio	76.14	45.92	18.52	25.75	5.85	18.86
PS Ratio	3.03	1.55	1.19	0.81	1.02	1.39
PB Ratio	2.85	1.47	1.11	0.83	1.13	1.78
P/TBV Ratio	4.35	2.62	1.74	1.37	1.83	3.43
P/FCF Ratio	44.57	14.85	9.18	12.96	27.71	14.93
P/OCF Ratio	30.86	14.85	9.18	12.96	16.41	11.74
EV/Sales Ratio	2.91	1.45	1.01	0.69	0.89	1.23
EV/EBITDA Ratio	22.95	14.39	6.52	5.16	6.18	8.40
EV/EBIT Ratio	34.49	32.59	9.87	8.40	9.25	12.66
EV/FCF Ratio	42.81	13.93	7.80	11.05	24.35	13.23
Debt / Equity Ratio	0.15	0.20	0.22	0.24	0.25	0.31
Debt / EBITDA Ratio	1.73	2.20	1.59	1.84	1.61	1.74
Debt / FCF Ratio	2.18	2.13	1.91	3.94	6.32	2.74
Net Debt / Equity Ratio	-0.12	-0.10	-0.17	-0.13	-0.14	-0.21
Net Debt / EBITDA Ratio	-1.30	-1.00	-1.18	-0.93	-0.88	-1.11
Net Debt / FCF Ratio	-1.64	-0.97	-1.42	-1.98	-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)	1.59%	1.61%	4.08%	1.85%	10.73%	4.86%
Return on Invested Capital (ROIC)	3.15%	3.40%	9.15%	4.21%	27.62%	14.93%
Return on Capital Employed (ROCE)	3.11%	3.20%	6.95%	5.87%	7.91%	8.24%
Earnings Yield	1.31%	2.18%	5.40%	3.88%	17.09%	5.30%
FCF Yield	2.24%	6.73%	10.89%	7.71%	3.61%	6.70%
Dividend Yield	0.88%	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	-1.01%	3.05%	4.09%	5.10%	1.70%	-0.83%

SEC Filings: 10-K · 10-Q