Nokia Oyj Free Cash Flow Generation Index

Latest as of September 2025: 0.72x

Nokia Oyj free cash flow generation index. Nokia Oyj (NOKIA) has a Free Cash Flow Generation Index of 0.72x as of September 2025. Free cash flow of €429.00 Million represents 1% of operating cash flow (€597.00 Million).

FCF Generation Index

0.72x
Free Cash Flow / Operating CF

Free Cash Flow

€429.00 Million
EUR

Operating Cash Flow

€597.00 Million
EUR

Capital Expenditures

€168.00 Million
EUR

Free Cash Flow Generation Index of Nokia Oyj (1996–2024)

Free cash flow generation index of Nokia Oyj from 1996 to 2024. Historical FCF Generation Index trend for Nokia Oyj across 27 annual periods. See Nokia Oyj (NOKIA) flexibility index to measure the company's free cash flow as a share of total liabilities.

Nokia Oyj Free Cash Flow Generation Index by Year (1996–2024)

Nokia Oyj free cash flow generation index by year from 1996 to 2024. Year-by-year Free Cash Flow Generation Index for Nokia Oyj. For the full cash flow conversion analysis, see Nokia Oyj cash conversion from operations.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2024 0.81x €2.02 Billion €2.49 Billion €472.00 Million ▲ +60.5%
2023 0.50x €665.00 Million €1.32 Billion €652.00 Million ▼ -14.7%
2022 0.59x €873.00 Million €1.47 Billion €601.00 Million ▼ -24.7%
2021 0.79x €2.07 Billion €2.63 Billion €560.00 Million ▲ +8.1%
2020 0.73x €1.28 Billion €1.76 Billion €479.00 Million ▲ +194.6%
2019 -0.77x €-300.00 Million €390.00 Million €690.00 Million ▲ +11.2%
2018 -0.87x €-312.00 Million €360.00 Million €672.00 Million ▼ -229.7%
2017 0.67x €1.21 Billion €1.81 Billion €601.00 Million ▲ +75.6%
2015 0.38x €193.00 Million €507.00 Million €314.00 Million ▼ -49.7%
2014 0.76x €964.00 Million €1.27 Billion €311.00 Million ▲ +116.3%
2013 -4.65x €-335.00 Million €72.00 Million €407.00 Million ▼ -1079.7%
2011 0.47x €540.00 Million €1.14 Billion €597.00 Million ▼ -44.6%
2010 0.86x €4.09 Billion €4.77 Billion €679.00 Million ▲ +3.6%
2009 0.83x €2.69 Billion €3.25 Billion €558.00 Million ▲ +21.6%
2008 0.68x €2.18 Billion €3.20 Billion €1.02 Billion ▼ -23.4%
2007 0.89x €7.02 Billion €7.89 Billion €873.11 Million ▲ +7.6%
2006 0.83x €3.70 Billion €4.48 Billion €776.63 Million ▼ -3.2%
2005 0.85x €3.53 Billion €4.14 Billion €606.21 Million ▼ -2.3%
2004 0.87x €3.79 Billion €4.34 Billion €547.36 Million ▼ -4.8%
2003 0.92x €4.80 Billion €5.24 Billion €431.16 Million ▼ -0.9%
2002 0.93x €5.39 Billion €5.82 Billion €432.65 Million ▲ +10.1%
2001 0.84x €5.52 Billion €6.56 Billion €1.04 Billion ▲ +53.0%
2000 0.55x €1.93 Billion €3.52 Billion €1.58 Billion ▼ -5.3%
1999 0.58x €1.81 Billion €3.11 Billion €1.31 Billion ▲ +15.2%
1998 0.50x €845.84 Million €1.68 Billion €833.05 Million ▼ -19.0%
1997 0.62x €1.06 Billion €1.71 Billion €646.36 Million ▼ -7.8%
1996 0.67x €968.98 Million €1.44 Billion €466.82 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).