Nokia Oyj (NOKIA) — Cash Flow Quality Index
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 Nokia Oyj (NOKIA) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 Nokia Oyj cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 NOKIA stock market capitalisation.
| 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 | — |