Nokia Oyj (NOKIA) — Cash Flow Quality Index

Latest as of September 2025: 1.85x

Nokia Oyj (NOKIA) has a Cash Flow Quality Index of 1.85x as of September 2025. Operating cash flow of €597.00 Million exceeds net income of €323.00 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Nokia Oyj to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.85x
Operating CF / Net Income

Operating Cash Flow

€597.00 Million
EUR

Net Income

€323.00 Million
EUR

Data as of

Sep 2025
Most recent filing

Nokia Oyj Cash Flow Quality Index (1995–2024)

Historical Cash Flow Quality Index for Nokia Oyj across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Nokia Oyj to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Nokia Oyj (1995–2024)

Year-by-year earnings quality comparison for Nokia Oyj. For live market cap and the full company financial profile, see market value of Nokia Oyj.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 1.94x €2.49 Billion €1.28 Billion ▼ -2.7%
2023 2.00x €1.32 Billion €660.00 Million ▲ +476.6%
2022 0.35x €1.47 Billion €4.26 Billion ▼ -78.3%
2021 1.60x €2.63 Billion €1.65 Billion ▼ -95.5%
2019 35.45x €390.00 Million €11.00 Million ▲ +17158.7%
2015 0.21x €507.00 Million €2.47 Billion ▼ -44.2%
2014 0.37x €1.27 Billion €3.46 Billion ▼ -85.7%
2010 2.58x €4.77 Billion €1.85 Billion ▼ -29.2%
2009 3.64x €3.25 Billion €891.00 Million ▲ +354.6%
2008 0.80x €3.20 Billion €4.00 Billion ▼ -26.7%
2007 1.09x €7.89 Billion €7.22 Billion ▲ +5.2%
2006 1.04x €4.48 Billion €4.31 Billion ▼ -9.2%
2005 1.15x €4.14 Billion €3.61 Billion ▼ -15.4%
2004 1.35x €4.34 Billion €3.20 Billion ▼ -7.2%
2003 1.46x €5.24 Billion €3.59 Billion ▼ -15.1%
2002 1.72x €5.82 Billion €3.38 Billion ▼ -42.2%
2001 2.98x €6.56 Billion €2.20 Billion ▲ +389.8%
2000 0.61x €3.52 Billion €5.79 Billion ▼ -49.5%
1999 1.20x €3.11 Billion €2.58 Billion ▲ +19.9%
1998 1.00x €1.68 Billion €1.67 Billion ▼ -38.4%
1997 1.63x €1.71 Billion €1.05 Billion ▼ -36.1%
1996 2.55x €1.44 Billion €563.23 Million ▲ +793.8%
1995 -0.37x €-114.26 Million €310.95 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.