Nokia Oyj

As of June 30, 2026, Nokia Oyj carries a market capitalization of 1.58T, placing it among publicly traded companies globally. Its enterprise value stands at 1.54T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Nokia Oyj's next confirmed earnings release is scheduled for February 4, 2027.

As of June 30, 2026, Nokia Oyj has 5.60B shares outstanding.

As of June 30, 2026, Nokia Oyj trades at a trailing price-to-earnings ratio of 90.76. The price-to-sales ratio is 3.17, and the price-to-book ratio stands at 3.07.

As of June 30, 2026, Nokia Oyj trades at an EV/EBITDA multiple of 35.63 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.13 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 80.23 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Nokia Oyj trades at an EV/FCF ratio of 118.40, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 1.54T versus a market cap of 1.58T, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Nokia Oyj maintains a current ratio of 1.51, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities.

Over the twelve months ended June 30, 2026, Nokia Oyj posted a return on equity (ROE) of 3.46, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 2.17 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.93, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 2.88, useful for judging operating efficiency across full business cycles. The company generates approximately 4.77M in revenue per employee across its workforce of 103,000.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.32 indicates how many times Nokia Oyj sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Nokia Oyj recorded 8.58B in income tax expense. That works out to an effective tax rate of 32.75, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 26.21B, leaving 17.17B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Nokia Oyj's stock has gained approximately 62.35% over the past 52 weeks. The 50-day moving average sits at 217.84, while the 200-day moving average is 213.88.

Over the twelve months ended June 30, 2026, Nokia Oyj generated 491.36B in revenue and converted that into 17.17B in net income, yielding earnings per share of 3.12. EBITDA reached 43.18B, while operating income came in at 16.71B.

As of June 30, 2026, Nokia Oyj holds 124.38B in cash and equivalents against 81.44B in total debt, resulting in a net debt position of -47.23B. Total book value stands at 513.91B, with working capital of 120.07B providing operational flexibility.

Nokia Oyj produced 27.52B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -14.52B in capital expenditures, free cash flow totaled 13.00B - equivalent to 2.35 per share.

Over the twelve months ended June 30, 2026, Nokia Oyj posted a gross margin of 44.40, reflecting its pricing power and cost economics. The operating margin of 3.40 and net profit margin of 3.49 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Nokia Oyj paid dividends of 3.39 per share. The dividend payout ratio of 104.88 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 0.81, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 2.05, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Nokia Oyj shareholders.

Nokia Oyj's most recent stock split took place on April 10, 2000 with a 1:4 split ratio.

As of June 30, 2026, Nokia Oyj has an Altman Z-Score of 3.47, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.