Nokia Oyj (NOKIA) — Capital Reinvestment Ratio
Latest as of September 2025:
0.28x
Nokia Oyj (NOKIA) has a Capital Reinvestment Ratio of 0.28x as of September 2025, meaning it reinvests 0% of its operating cash flow (€597.00 Million) in capital expenditures (€168.00 Million). See cash generation quality of Nokia Oyj to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.28x
Capex / Operating Cash Flow
Operating Cash Flow
€597.00 Million
EUR
Capital Expenditures
€168.00 Million
EUR
Data as of
Sep 2025
Most recent filing
Nokia Oyj Capital Reinvestment Ratio (1996–2024)
This chart tracks Nokia Oyj's Capital Reinvestment Ratio across 27 annual periods.
Annual Capital Reinvestment Ratio for Nokia Oyj (1996–2024)
Year-by-year Capital Reinvestment Ratio for Nokia Oyj from 1996 to 2024. For live market cap and broader valuation context, see Nokia Oyj stock valuation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.19x | €2.49 Billion | €472.00 Million | ▼ -61.8% |
| 2023 | 0.50x | €1.32 Billion | €652.00 Million | ▲ +21.4% |
| 2022 | 0.41x | €1.47 Billion | €601.00 Million | ▲ +91.2% |
| 2021 | 0.21x | €2.63 Billion | €560.00 Million | ▼ -21.7% |
| 2020 | 0.27x | €1.76 Billion | €479.00 Million | ▼ -84.6% |
| 2019 | 1.77x | €390.00 Million | €690.00 Million | ▼ -5.2% |
| 2018 | 1.87x | €360.00 Million | €672.00 Million | ▲ +462.8% |
| 2017 | 0.33x | €1.81 Billion | €601.00 Million | ▼ -46.4% |
| 2015 | 0.62x | €507.00 Million | €314.00 Million | ▲ +153.9% |
| 2014 | 0.24x | €1.27 Billion | €311.00 Million | ▼ -95.7% |
| 2013 | 5.65x | €72.00 Million | €407.00 Million | ▲ +976.6% |
| 2011 | 0.53x | €1.14 Billion | €597.00 Million | ▲ +269.2% |
| 2010 | 0.14x | €4.77 Billion | €679.00 Million | ▼ -17.2% |
| 2009 | 0.17x | €3.25 Billion | €558.00 Million | ▼ -46.1% |
| 2008 | 0.32x | €3.20 Billion | €1.02 Billion | ▲ +188.4% |
| 2007 | 0.11x | €7.89 Billion | €873.11 Million | ▼ -36.2% |
| 2006 | 0.17x | €4.48 Billion | €776.63 Million | ▲ +18.5% |
| 2005 | 0.15x | €4.14 Billion | €606.21 Million | ▲ +16.1% |
| 2004 | 0.13x | €4.34 Billion | €547.36 Million | ▲ +53.1% |
| 2003 | 0.08x | €5.24 Billion | €431.16 Million | ▲ +10.8% |
| 2002 | 0.07x | €5.82 Billion | €432.65 Million | ▼ -53.2% |
| 2001 | 0.16x | €6.56 Billion | €1.04 Billion | ▼ -64.7% |
| 2000 | 0.45x | €3.52 Billion | €1.58 Billion | ▲ +7.3% |
| 1999 | 0.42x | €3.11 Billion | €1.31 Billion | ▼ -15.4% |
| 1998 | 0.50x | €1.68 Billion | €833.05 Million | ▲ +31.3% |
| 1997 | 0.38x | €1.71 Billion | €646.36 Million | ▲ +16.3% |
| 1996 | 0.33x | €1.44 Billion | €466.82 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow