1. Finland Stocks

  2. •

    Utilities

  3. •

    Renewable Utilities
Fortum Oyj

Fortum Oyj

FOJCF
Fortum OyjUS flagOther OTC
23.81
USD
+1.02
- -
21.36BMarket Cap
Fortum Oyj
FOJCF
(Other OTC)

Recent

price

23.81

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.21
6.94
6.93
5.98
4.6
3.89
4.09
5.09
5.9
6.13
55.18
7.23
8.74
7.48
6.46
5.56
4.91
Revenue per Share
1.46
1.99
1.59
1.36
3.55
4.66
0.56
0.97
0.95
1.67
2.05
0.83
-2.72
-2.31
1.3
0.85
0.86
Basic EPS, GAAP
1.62
1.82
1.56
1.74
1.98
1.55
0.7
1.12
0.91
1.77
2.88
5.59
-9.86
1.39
1.03
0.94
0.68
Free Cash Flow per Basic Share
1
1
1
1
1.1
1.3
1.1
1.1
1.1
1.1
1.1
1.12
1.14
0.91
1.15
1.4
1.4
Dividend per Share
9.56
10.54
11.33
11.14
12.11
15.26
15.1
14.54
13.82
14.67
14.85
14.76
10.7
9.63
9.83
9.34
9.06
Book Value per Share
9.29
10.95
11.48
10.97
12
15.36
14.72
13.76
12.37
13.61
14.98
12.94
7.96
8.75
9.59
8.99
8.6
Tangible Book Value per Share
888
888
888
888
888
888
888
888
888
888
888
888
889
897
897
897
897
Basic Weighted Avg Shares
6,404
6,161
6,159
5,309
4,088
3,459
3,632
4,520
5,242
5,447
49,015
6,422
7,774
6,711
5,800
4,989
4,410
Sales/Revenue/Turnover
28.62
28.86
27.85
25.96
25.07
22.26
16.8
17.1
17.26
19.83
2.86
20.85
20.7
23.01
20.31
18.52
22.24
Operating Margin (%)
563
606
664
620
377
346
373
464
536
575
1,090
587
415
359
379
315
242
Depreciation Expense
1,300
1,769
1,416
1,204
3,154
4,138
496
866
843
1,482
1,823
739
-2,416
-2,069
1,164
765
771
Net Income, GAAP
16.16
16.43
4.67
13.3
11.61
- -
15.13
20.61
17.4
12.79
15.64
7.5
- -
4.36
17.08
18.48
19.1
Effective Tax Rate (%)
20.3
28.71
22.99
22.68
77.15
119.63
13.66
19.16
16.08
27.21
3.72
11.51
-31.08
-30.83
20.07
15.33
17.48
Profit Margin (%)
-855
350
235
131
2,233
7,566
5,169
3,835
373
1,977
2,245
36
849
3,639
4,656
2,744
2,339
Working Capital
6,520
6,845
7,699
6,936
5,880
4,965
4,467
4,119
5,006
6,118
8,786
8,701
3,658
4,573
4,336
3,595
3,671
LT Debt
8,742
10,161
10,643
10,125
10,935
13,863
13,543
13,287
12,077
13,234
15,577
13,665
7,737
8,498
9,153
8,620
8,274
Total Equity
9.58
8.62
8.73
6.19
4.88
- -
2.69
3.33
4.11
4.95
5.11
4.15
- -
9.78
6.84
5.48
5.96
Return on Invested Capital (%)
8.78
11.2
8.73
7.65
18.31
- -
3.31
5.36
5.2
8.45
8.72
6.15
- -
-10.97
9.79
6.83
6.69
Return on Capital (%)
15.95
19.81
14.58
12.06
30.55
34.05
3.68
6.58
6.69
11.71
13.9
5.62
-21.36
-22.8
13.34
8.9
8.88
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1,151
276
LT Borrowings
- -
3,508
3,586
LT Finance Leases
- -
87
85
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
897
897
Market Capitalization
14,132
16,279
19,152

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
5,032
4,507
Cash, Cash Equivalents & STI
3,092
2,902
2,478
Accounts Receivable, Net
- -
766
989
Inventories
- -
512
504
Total Current Liabilities
- -
2,288
2,168
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,151
276
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3%
-8.78%
-5.82%
Free Cash Flow
-18.68%
-66.15%
-8.7%
Net Income, GAAP
-60.85%
-138.26%
-34.28%
Sales/Revenue/Turnover
74.21%
-21.41%
-13.98%
Total Cash Common Dividend
- -
6.47%
21.71%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,015
1,255
1,094
1,435
5,800
2025
1,642
974
- -
1,444
4,989
2026
1,992
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.52
0.24
0.15
0.38
1.3
2025
0.4
0.12
- -
0.27
0.85
2026
0.47
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.58
- -
0.57
1.15
2025
- -
1.4
- -
- -
1.4
2026
- -
- -
- -
- -
- -
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Business
Fortum Oyj is a Finland-based energy company primarily engaged in the generation and sale of electricity and heat across the Nordic countries and several European markets including Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, and Norway. Founded in 1998 and headquartered in Espoo, Finland, Fortum operates through key business segments including Generation, Consumer Solutions, and Circular Solutions. Its Generation segment focuses on low-carbon power production through nuclear, hydropower, onshore wind, and solar energy; integrated with district heating and cooling services as well as decarbonization solutions for industrial clients. The Consumer Solutions segment provides electricity, related value-added services, and digital offerings to residential customers and small and medium-sized enterprises primarily in the Nordic region. The Circular Solutions segment encompasses recycling and waste management services. Fortum also offers power trading and tailored energy procurement solutions for energy-intensive industries. Recent major developments include strategic acquisitions that significantly enhance its renewable energy pipeline. In 2025, Fortum acquired a 4.4 GW onshore wind power project development portfolio from German renewables developer ABO Energy, and earlier acquired 2.6 GW of early-stage onshore wind projects in Finland from Enersense, strengthening its position in the Nordic renewable market. Additionally, Fortum divested its Indian renewables assets to Hexa Climate Solutions, signaling a strategic withdrawal from the Indian market to concentrate on core European markets. Fortum has also partnered with Volue to integrate smart power software to optimize asset performance and automate trading processes, supporting its green transition ambitions. The company is actively expanding clean power production capacity, commissioning projects like the 380 MW Pjelax wind farm, developing a 2 MW hydrogen pilot plant, and investing €100 million to decarbonize its CHP plant in Poland. Fortum aims to phase out coal by 2027, reduce its scope 1 and 2 greenhouse gas emissions by 85% by 2030, and achieve net-zero emissions by 2040. Fortum targets mainly industrial, commercial, and residential customers within Europe, delivering tailored energy solutions, power trading services, and industrial site development primarily in Finland. The company supports customers' decarbonization efforts while focusing on sustainable energy generation and smart energy management. Its integrated energy offering includes nuclear services lifecycle management and district heating and cooling solutions in select Finnish cities and the broader Nordic region. Fortum operates about 5,000 employees and is publicly listed on Nasdaq Helsinki. The group pursues growth through renewable energy development, strategic partnerships, asset optimization, and divestment of non-core operations to concentrate on its clean energy transition strategy.

Company News

APIChatGPT

  • seekingalpha.com

    Fortum Oyj (FOJCY) Q1 2026 Earnings Call Transcript

  • seekingalpha.com

    Fortum Oyj (FOJCY) Analyst/Investor Day Transcript

  • seekingalpha.com

    Fortum Oyj (FOJCY) Q3 2025 Earnings Call Transcript

  • seekingalpha.com

    Fortum Oyj (FOJCF) Q2 2025 Earnings Call Transcript

  • reuters.com

    Hexa Climate buys Fortum's India renewables; plans $500 million investment

  • seekingalpha.com

    Fortum Oyj (FOJCF) Q1 2025 Earnings Call Transcript

  • reuters.com

    Finland's Fortum explores long-term options for new nuclear power

  • seekingalpha.com

    Fortum Oyj (FOJCF) Q4 2024 Earnings Call Transcript

  • reuters.com

    Finnish utility Fortum reports fourth-quarter profit increase

  • reuters.com

    Fortum to buy renewable power portfolio for $9.4 mln

  • seekingalpha.com

    Fortum Oyj (FOJCF) Q3 2024 Earnings Call Transcript

  • reuters.com

    Fortum, Vestas settle dispute over Russian wind energy projects

  • reuters.com

    Exclusive: Finnish utility Fortum's power assets targeted with surveillance, cyber attacks

  • reuters.com

    Fortum to sell its stakes in biobased solutions businesses in India

  • reuters.com

    Finland's Fortum starts using U.S. nuclear fuel in bid to reduce Russian dependence

  • seekingalpha.com

    Fortum Oyj (FOJCF) Q2 2024 Earnings Call Transcript

  • reuters.com

    Finland's Fortum says new nuclear not feasible at current prices

  • seekingalpha.com

    Fortum Oyj (FOJCF) Q4 2023 Earnings Call Transcript

  • reuters.com

    Fortum considers Nordic sites for new nuclear power

  • seekingalpha.com

    Fortum Oyj (FOJCF) Q3 2023 Earnings Call Transcript