Value Sense
NOK
Nokia Oyj (NOK)
Last Price$5.04.4%
Market Cap$27.8B
LTM Revenue
$20.8B
-20.1% YoY
LTM Net Income
$449.2M
-89.3% YoY
LTM Net Debt
$0.0
Net Debt to FCF - N/A
LTM Free Cash Flow (FCF)
$3,331.0M
16.0% margin

NOK Income Statement

NOK Income Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Revenue
$24.1B (10.6%) YoY
Gross profit
$9,393.9M (15.0%) YoY
39.0% margin
Cost of revenue
$14.7B (7.6%) YoY
Operating income
$1,825.4M (27.2%) YoY
7.6% margin
Other: $257.4M
Net interest: $53.0M
Operating expenses
$7,568.5M (11.4%) YoY
Pre-tax income
$1,621.0M (31.4%) YoY
6.7% margin
Net income
$719.1M (84.4%) YoY
3.0% margin
Income tax
$892.1M
55.0% tax rate
R&D
$4,679.1M (4.9%) YoY
19.4% of revenue
SG&A
$3,167.3M (2.8%) YoY
13.2% of revenue

NOK Income statement key metrics

Annual
Quarterly
LTM

Revenue

$24.1B -10.6% YoY

Operating Income

$1.8B -27.2% YoY

Net Income

$0.7B -84.4% YoY

NOK Balance Sheet

NOK Balance Sheet Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$44.0B
Current assets ($20.1B, 45.6% of total)
Cash & ST investments
$9,094.9M (20.7%)
Accounts receivables
$7,439.3M (16.9%)
Other current assets
$3,516.5M (8.0%)
Non-current assets ($23.9B, 54.4% of total)
Long-term investments
$2,100.4M (4.8%)
Intangible assets
$1,198.7M (2.7%)
Other non-current assets
$17.5B (39.8%)
Financial position
Net Debt
($3,368.6M)
$9,094.9M$5,726.3M
Cash & Short-term Investments
Total Debt
Quick ratio
1.4x
Net Debt to Free Cash Flow
(4.6x)
Debt to Equity ratio
25.2%

NOK Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$44.0B +4.0% YoY

Liabilities

$21.2B +11.7% YoY

Shareholder's Equity

$22.8B -3.7% YoY

NOK Cash Flow Statement

NOK Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$5,911.9M$1,424.2M$1,127.9M($1,624.2M)($98.4M)$6,741.3M

NOK Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$1,424.2M -10.7% YoY

Capital Expenditure (CAPEX)

($705.1M) +8.5% YoY

Free Cash Flow (FCF)

$719.1M -23.8% YoY

NOK Financials

USD
EUR
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Revenue
% growth
36,388.9
0.0%
42,543.3
16.9%
51,647.4
21.4%
70,101.0
35.7%
74,756.8
6.6%
57,157.1
(23.5%)
56,323.5
(1.5%)
53,812.8
(4.5%)
38,797.9
(27.9%)
16,882.1
(56.5%)
16,916.0
0.2%
13,878.8
(18.0%)
26,130.1
88.3%
26,138.9
0.0%
26,641.2
1.9%
26,099.3
(2.0%)
24,965.1
(4.3%)
26,259.6
5.2%
26,251.4
(0.0%)
24,069.2
(8.3%)
Cost of Goods Sold (COGS)22,545.627,633.934,844.046,343.249,144.838,658.939,316.138,056.928,010.79,782.09,425.27,822.716,772.015,819.816,668.616,779.015,587.415,811.115,479.414,675.3
Gross Profit
% margin
13,843.3
38.0%
14,909.3
35.0%
16,803.4
32.5%
23,757.8
33.9%
25,612.0
34.3%
18,498.2
32.4%
17,007.5
30.2%
15,755.9
29.3%
10,787.2
27.8%
7,100.1
42.1%
7,490.8
44.3%
6,056.1
43.6%
9,358.1
35.8%
10,319.1
39.5%
9,972.6
37.4%
9,320.3
35.7%
9,377.8
37.6%
10,448.5
39.8%
10,772.0
41.0%
9,393.9
39.0%
Operating Expenses8,460.09,137.49,911.512,795.118,289.615,562.614,260.715,732.213,748.26,410.75,658.64,194.09,652.59,633.79,544.08,409.18,329.77,896.18,329.37,568.5
Research & Development Expenses (R&D)4,641.74,759.54,894.47,752.98,798.38,240.87,779.97,811.86,148.33,479.03,312.32,360.75,426.55,551.45,455.14,937.84,666.04,984.24,794.84,679.1
Selling, General & Administrative Expenses (SG&A)3,699.04,442.04,999.17,633.48,350.37,081.96,624.16,837.45,353.72,219.72,171.01,833.34,225.94,082.34,088.93,471.33,308.63,302.33,175.13,167.3
Operating Income
% margin
5,383.3
14.8%
5,772.0
13.6%
6,892.9
13.3%
10,962.7
15.6%
7,321.3
9.8%
1,669.4
2.9%
2,746.8
4.9%
(1,493.6)
(2.8%)
(2,961.0)
(7.6%)
689.4
4.1%
225.9
1.3%
1,874.3
13.5%
(1,217.2)
(4.7%)
18.1
0.1%
(69.7)
(0.3%)
911.2
3.5%
1,048.1
4.2%
2,552.4
9.7%
2,442.7
9.3%
1,825.4
7.6%
Interest Income0.00.00.0327.60.00.0183.1277.0167.1179.397.041.1125.067.889.781.767.488.7183.4440.1
Interest Expense0.00.00.00.02.9369.6378.2142.0344.6429.1519.5154.3350.8574.8333.0344.8268.3243.6233.9387.1
Pre-tax Income5,855.16,185.17,187.911,351.97,326.61,341.62,369.9(1,667.6)(3,399.4)322.8(314.9)1,710.0(1,514.9)(575.9)(425.1)174.6952.22,278.02,301.51,621.0
Income Tax
% effective tax rate
1,784.3
30.5%
1,593.9
25.8%
1,704.4
23.7%
2,090.1
18.4%
1,593.2
21.7%
979.0
73.0%
587.8
24.8%
403.7
(24.2%)
1,472.2
(43.3%)
268.3
83.1%
(1,870.7)
594.1%
384.2
22.5%
(505.7)
33.4%
1,046.8
(181.8%)
223.2
(52.5%)
154.5
88.5%
3,716.2
390.3%
321.7
14.1%
(2,135.0)
(92.8%)
892.1
55.0%
Net Income
% margin
3,968.9
10.9%
4,499.8
10.6%
5,408.3
10.5%
9,876.7
14.1%
5,865.2
7.8%
1,242.6
2.2%
1,782.1
3.2%
(1,620.3)
(3.0%)
(3,993.5)
(10.3%)
(816.9)
(4.8%)
4,599.7
27.2%
2,738.2
19.7%
(847.6)
(3.2%)
(1,687.1)
(6.5%)
(401.5)
(1.5%)
20.1
0.1%
(2,764.0)
(11.1%)
1,919.6
7.3%
4,478.7
17.1%
719.1
3.0%
EPS0.871.031.332.551.570.330.48(0.43)(1.09)(0.23)1.250.74(0.14)(0.29)(0.07)0.00(0.49)0.340.800.13
Diluted EPS0.871.031.322.521.560.330.48(0.43)(1.08)(0.23)1.120.69(0.14)(0.29)(0.07)0.00(0.49)0.340.790.13
EBITDA
% margin
6,458.1
17.7%
6,658.3
15.7%
7,786.5
15.1%
12,987.0
18.5%
9,690.5
13.0%
4,199.2
7.3%
5,083.5
9.0%
399.5
0.7%
532.3
1.4%
1,926.1
11.4%
2,244.0
13.3%
2,229.7
16.1%
599.8
2.3%
1,795.5
6.9%
1,625.9
6.1%
2,769.4
10.6%
2,340.4
9.4%
3,816.8
14.5%
3,736.8
14.2%
3,183.6
13.2%

FAQ

What is the Nokia Oyj (NOK) revenue?

The Nokia Oyj (NOK) revenue is $24.1B, reflecting a year-over-year (YoY) growth of -10.6% YoY.

What is the Nokia Oyj (NOK) Net Income?

The Nokia Oyj (NOK) Net Income is $719.1M, showcasing a YoY growth of -84.4% YoY.