Nokia Oyj | Large-cap | Technology

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 19.2B
Gross Profit 8.9B 46.12%
Operating Income 1.6B 8.18%
Net Income 1.3B 6.68%
EPS (Diluted) €0.23

Balance Sheet Metrics

Total Assets 39.1B
Total Liabilities 18.4B
Shareholders Equity 20.7B
Debt to Equity 0.89

Cash Flow Metrics

Operating Cash Flow 2.7B
Free Cash Flow 2.0B

Revenue & Profitability Trend

Nokia Oyj Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue19.2B22.3B24.9B22.2B21.9B
Cost of Goods Sold10.4B13.6B14.7B13.4B13.7B
Gross Profit8.9B8.7B10.2B8.8B8.2B
Operating Expenses7.4B7.2B7.7B7.1B7.0B
Operating Income1.6B1.5B2.5B1.8B1.0B
Pre-tax Income2.1B1.5B2.2B1.9B743.0M
Income Tax380.0M825.0M-2.0B272.0M3.3B
Net Income1.3B679.0M4.3B1.6B-2.5B
EPS (Diluted)€0.23€0.12€0.75€0.29-€0.43

Income Statement Trend

Nokia Oyj Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets18.0B18.2B20.3B19.6B18.2B
Non-Current Assets21.2B21.7B22.7B20.5B18.0B
Total Assets39.1B39.9B42.9B40.0B36.2B
Liabilities
Current Liabilities11.4B10.9B12.8B12.1B11.8B
Non-Current Liabilities7.0B8.3B8.7B10.5B11.9B
Total Liabilities18.4B19.2B21.5B22.6B23.6B
Equity
Total Shareholders Equity20.7B20.6B21.4B17.5B12.5B

Balance Sheet Composition

Nokia Oyj Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income1.3B679.0M4.3B1.6B-2.5B
Operating Cash Flow2.7B2.0B1.9B3.3B1.9B
Investing Activities
Capital Expenditures-375.0M-463.0M-568.0M-457.0M-466.0M
Investing Cash Flow-117.0M1.0B-1.9B-1.8B-1.4B
Financing Activities
Dividends Paid-723.0M-621.0M-353.0M-9.0M-149.0M
Financing Cash Flow-2.0B-1.5B-837.0M-1.2B882.0M
Free Cash Flow2.0B665.0M873.0M2.1B1.3B

Cash Flow Trend

Nokia Oyj Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 20.53
Price to Book 1.17
Price to Sales 1.27
PEG Ratio 0.22

Profitability Ratios

Profit Margin 4.09%
Operating Margin 1.34%
Return on Equity 5.71%
Return on Assets 2.71%

Financial Health

Current Ratio 1.36
Debt to Equity 24.33
Beta 0.60

Per Share Data

EPS (TTM) €0.22
Book Value per Share €3.85
Revenue per Share €3.52

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
nokia24.3B20.531.175.71%4.09%24.33
Eutelsat 1.8B7.460.59-28.26%-79.56%109.50
Parrot S.A 308.6M-32.336.57-17.92%-11.83%17.56
Cogelectr 224.0M38.6817.7262.50%7.52%185.80
Ekinops S.A 127.0M7.091.13-6.01%-5.91%28.01
Aerkomm 51.0M-1.372.71-110.65%-147.70%180.78

Financial data is updated regularly. All figures are in the company's reporting currency.