Nokia Corp ADR (NOK) — Capital Reinvestment Ratio
Nokia Corp ADR (NOK) has a Capital Reinvestment Ratio of 0.39x as of December 2025, meaning it reinvests 0% of its operating cash flow ($370.36 Million) in capital expenditures ($145.07 Million). See Nokia Corp ADR (NOK) balance sheet quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Nokia Corp ADR Capital Reinvestment Ratio (1996–2025)
This chart tracks Nokia Corp ADR's Capital Reinvestment Ratio across 28 annual periods. Check NOK cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Nokia Corp ADR (1996–2025)
Year-by-year Capital Reinvestment Ratio for Nokia Corp ADR from 1996 to 2025. For live market cap and broader valuation context, see NOK stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.29x | $1.99 Billion | $582.08 Million | ▲ +54.6% |
| 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 | — |