Nokia Corp ADR (NOK) — Cash Flow Reinvestment Rate
Nokia Corp ADR (NOK) has a Cash Flow Reinvestment Rate of 0.39x as of December 2025, reinvesting $145.07 Million (capex $145.07 Million ) from operating cash flow of $370.36 Million. See Nokia Corp ADR (NOK) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Nokia Corp ADR Cash Flow Reinvestment Rate (1996–2025)
Historical reinvestment intensity for Nokia Corp ADR across 28 annual periods. For the full cash flow conversion analysis, see Nokia Corp ADR cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Nokia Corp ADR (1996–2025)
Year-by-year capital reinvestment analysis for Nokia Corp ADR. See NOK free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.29x | $582.08 Million | $1.99 Billion | $582.08 Million | ▲ +23.9% |
| 2024 | 0.24x | $589.00 Million | $2.49 Billion | $472.00 Million | ▼ -81.4% |
| 2023 | 1.27x | $1.67 Billion | $1.32 Billion | $652.00 Million | ▼ -24.7% |
| 2022 | 1.68x | $2.48 Billion | $1.47 Billion | $601.00 Million | ▲ +144.6% |
| 2021 | 0.69x | $1.81 Billion | $2.63 Billion | $560.00 Million | ▼ -39.4% |
| 2020 | 1.13x | $2.00 Billion | $1.76 Billion | $479.00 Million | ▼ -48.4% |
| 2019 | 2.20x | $857.00 Million | $390.00 Million | $690.00 Million | ▼ -20.1% |
| 2018 | 2.75x | $990.00 Million | $360.00 Million | $672.00 Million | ▲ +715.5% |
| 2017 | 0.34x | $611.00 Million | $1.81 Billion | $601.00 Million | ▼ -74.7% |
| 2015 | 1.34x | $677.06 Million | $507.00 Million | $314.00 Million | ▲ +12.2% |
| 2014 | 1.19x | $1.52 Billion | $1.27 Billion | $311.00 Million | ▼ -78.9% |
| 2013 | 5.65x | $407.00 Million | $72.00 Million | $407.00 Million | ▲ +976.6% |
| 2011 | 0.53x | $597.00 Million | $1.14 Billion | $597.00 Million | ▲ +269.2% |
| 2010 | 0.14x | $679.00 Million | $4.77 Billion | $679.00 Million | ▼ -17.2% |
| 2009 | 0.17x | $558.00 Million | $3.25 Billion | $558.00 Million | ▼ -46.1% |
| 2008 | 0.32x | $1.02 Billion | $3.20 Billion | $1.02 Billion | ▲ +188.4% |
| 2007 | 0.11x | $873.11 Million | $7.89 Billion | $873.11 Million | ▼ -36.2% |
| 2006 | 0.17x | $776.63 Million | $4.48 Billion | $776.63 Million | ▲ +18.5% |
| 2005 | 0.15x | $606.21 Million | $4.14 Billion | $606.21 Million | ▲ +16.1% |
| 2004 | 0.13x | $547.36 Million | $4.34 Billion | $547.36 Million | ▲ +53.1% |
| 2003 | 0.08x | $431.16 Million | $5.24 Billion | $431.16 Million | ▲ +10.8% |
| 2002 | 0.07x | $432.65 Million | $5.82 Billion | $432.65 Million | ▼ -53.2% |
| 2001 | 0.16x | $1.04 Billion | $6.56 Billion | $1.04 Billion | ▼ -64.7% |
| 2000 | 0.45x | $1.58 Billion | $3.52 Billion | $1.58 Billion | ▲ +7.3% |
| 1999 | 0.42x | $1.31 Billion | $3.11 Billion | $1.31 Billion | ▼ -15.4% |
| 1998 | 0.50x | $833.05 Million | $1.68 Billion | $833.05 Million | ▲ +31.3% |
| 1997 | 0.38x | $646.36 Million | $1.71 Billion | $646.36 Million | ▲ +16.3% |
| 1996 | 0.33x | $466.82 Million | $1.44 Billion | $466.82 Million | — |