stockrowNokia Corporation
NOK Technology Communication Equipment
Nokia Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.5 billion, up 8.20% from fiscal 2024.
- Revenue
- +5.12%
- EPS
- +73.4%
- Free cash flow
- −112.3%
- Total debt
- −21.4%
Quarter to September 2026, against a year earlier
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Nokia Corporation (NOK) Return on equity
Nokia Corporation's return on equity over the twelve months to 30 September 2026 was 3.72%, up 0.5 percentage points from fiscal 2025 (3.18%). Over the past ten years it has ranged from −18.3% (fiscal 2020) to 23.6% (fiscal 2015); the current reading is higher than 55% of that period. That is above the Communication Equipment industry median of 0.00% and above the Technology sector median of 0.00%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 3.18% | (2.99) |
| FY2024 | 6.17% | 2.96 |
| FY2023 | 3.21% | (17.50) |
| FY2022 | 20.7% | 9.73 |
| FY2021 | 11.0% | 29.23 |
| FY2020 | −18.3% | (18.29) |
| FY2019 | 0.04% | 2.24 |
| FY2018 | −2.20% | 5.93 |
| FY2017 | −8.13% | (3.27) |
| FY2016 | −4.86% | (28.46) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| UI Ubiquiti Inc. compare | 91.1% |
| MSI Motorola Solutions, Inc. compare | 76.8% |
| CIEN Ciena Corporation compare | 22.4% |
| ERIC Ericsson compare | 20.6% |
| ZBRA Zebra Technologies Corporation compare | 16.5% |
| HPE Hewlett Packard Enterprise Company compare | 10.5% |
| NOK Nokia Corporation | 3.72% |
| ASTS AST SpaceMobile, Inc. compare | −34.8% |
| LITE Lumentum Holdings Inc. compare | −245.8% |
| Communication Equipment industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on NOK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement