Nokia Oyj Cash Flow Conversion Efficiency
Nokia Oyj cash flow conversion efficiency. Based on the latest financial reports, Nokia Oyj (NOKIA) has a cash flow conversion efficiency ratio of 0.030x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€597.00 Million ≈ $697.96 Million USD) by net assets (€19.67 Billion ≈ $23.00 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Nokia Oyj (1995–2024)
Cash flow conversion efficiency of Nokia Oyj from 1995 to 2024. This chart illustrates how Nokia Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Nokia Oyj for real-time trading data and today's change.
Nokia Oyj Cash Flow Conversion Ratio Explained
Nokia Oyj cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Nokia Oyj Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nokia Oyj ranked by their cash flow conversion efficiency. Also see Nokia Oyj market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Atmos Energy Corporation
NYSE:ATO
|
0.025x |
|
Vodafone Group Plc
F:VODJ
|
0.104x |
|
Kellanova
NYSE:K
|
0.117x |
|
Centene Corp
NYSE:CNC
|
0.167x |
|
Hannover Rück SE
F:HNR1
|
0.128x |
|
Teledyne Technologies Incorporated
NYSE:TDY
|
0.022x |
|
Dover Corporation
NYSE:DOV
|
0.026x |
|
Global Unichip Corp
TW:3443
|
0.258x |
Annual Cash Flow Conversion Efficiency for Nokia Oyj (1995–2024)
The table below shows the annual cash flow conversion efficiency of Nokia Oyj from 1995 to 2024. Review Nokia Oyj free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €20.75 Billion ≈ $24.26 Billion |
€2.49 Billion ≈ $2.91 Billion |
0.120x | +88.21% |
| 2023-12-31 | €20.63 Billion ≈ $24.12 Billion |
€1.32 Billion ≈ $1.54 Billion |
0.064x | -7.19% |
| 2022-12-31 | €21.43 Billion ≈ $25.05 Billion |
€1.47 Billion ≈ $1.72 Billion |
0.069x | -54.25% |
| 2021-12-31 | €17.46 Billion ≈ $20.41 Billion |
€2.63 Billion ≈ $3.07 Billion |
0.150x | +8.03% |
| 2020-12-31 | €12.64 Billion ≈ $14.77 Billion |
€1.76 Billion ≈ $2.06 Billion |
0.139x | +449.72% |
| 2019-12-31 | €15.40 Billion ≈ $18.01 Billion |
€390.00 Million ≈ $455.95 Million |
0.025x | +8.12% |
| 2018-12-31 | €15.37 Billion ≈ $17.97 Billion |
€360.00 Million ≈ $420.88 Million |
0.023x | -79.04% |
| 2017-12-31 | €16.22 Billion ≈ $18.96 Billion |
€1.81 Billion ≈ $2.12 Billion |
0.112x | +261.06% |
| 2016-12-31 | €20.97 Billion ≈ $24.52 Billion |
€-1.46 Billion ≈ $-1.70 Billion |
-0.069x | -243.23% |
| 2015-12-31 | €10.47 Billion ≈ $12.24 Billion |
€507.00 Million ≈ $592.74 Million |
0.048x | -67.07% |
| 2014-12-31 | €8.67 Billion ≈ $10.13 Billion |
€1.27 Billion ≈ $1.49 Billion |
0.147x | +1260.45% |
| 2013-12-31 | €6.66 Billion ≈ $7.79 Billion |
€72.00 Million ≈ $84.18 Million |
0.011x | +128.85% |
| 2012-12-31 | €9.45 Billion ≈ $11.04 Billion |
€-354.00 Million ≈ $-413.86 Million |
-0.037x | -145.86% |
| 2011-12-31 | €13.92 Billion ≈ $16.27 Billion |
€1.14 Billion ≈ $1.33 Billion |
0.082x | -72.22% |
| 2010-12-31 | €16.23 Billion ≈ $18.98 Billion |
€4.77 Billion ≈ $5.58 Billion |
0.294x | +33.60% |
| 2009-12-31 | €14.75 Billion ≈ $17.24 Billion |
€3.25 Billion ≈ $3.80 Billion |
0.220x | +13.69% |
| 2008-12-31 | €16.55 Billion ≈ $19.35 Billion |
€3.20 Billion ≈ $3.75 Billion |
0.194x | -57.40% |
| 2007-12-31 | €17.37 Billion ≈ $20.30 Billion |
€7.89 Billion ≈ $9.23 Billion |
0.455x | +22.43% |
| 2006-12-31 | €12.06 Billion ≈ $14.10 Billion |
€4.48 Billion ≈ $5.24 Billion |
0.371x | +10.76% |
| 2005-12-31 | €12.35 Billion ≈ $14.44 Billion |
€4.14 Billion ≈ $4.84 Billion |
0.335x | +11.21% |
| 2004-12-31 | €14.40 Billion ≈ $16.83 Billion |
€4.34 Billion ≈ $5.07 Billion |
0.301x | -11.98% |
| 2003-12-31 | €15.29 Billion ≈ $17.87 Billion |
€5.24 Billion ≈ $6.12 Billion |
0.342x | -14.85% |
| 2002-12-31 | €14.47 Billion ≈ $16.91 Billion |
€5.82 Billion ≈ $6.80 Billion |
0.402x | -23.81% |
| 2001-12-31 | €12.42 Billion ≈ $14.52 Billion |
€6.56 Billion ≈ $7.67 Billion |
0.528x | +65.26% |
| 2000-12-31 | €11.02 Billion ≈ $12.88 Billion |
€3.52 Billion ≈ $4.11 Billion |
0.319x | -22.78% |
| 1999-12-31 | €7.52 Billion ≈ $8.79 Billion |
€3.11 Billion ≈ $3.64 Billion |
0.414x | +26.83% |
| 1998-12-31 | €5.15 Billion ≈ $6.02 Billion |
€1.68 Billion ≈ $1.96 Billion |
0.326x | -30.56% |
| 1997-12-31 | €3.64 Billion ≈ $4.26 Billion |
€1.71 Billion ≈ $2.00 Billion |
0.470x | -9.93% |
| 1996-12-31 | €2.75 Billion ≈ $3.22 Billion |
€1.44 Billion ≈ $1.68 Billion |
0.521x | +1255.66% |
| 1995-12-31 | €2.53 Billion ≈ $2.96 Billion |
€-114.26 Million ≈ $-133.58 Million |
-0.045x | -- |
About Nokia Oyj
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper… Read more