Nokia Corp ADR (NOK) — Free Cash Flow Generation Index
Nokia Corp ADR (NOK) has a Free Cash Flow Generation Index of 0.61x as of December 2025. Free cash flow of $225.29 Million represents 1% of operating cash flow ($370.36 Million). Read total liabilities of Nokia Corp ADR for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Nokia Corp ADR Free Cash Flow Generation Index (1996–2025)
Historical FCF Generation Index trend for Nokia Corp ADR across 28 annual periods. Explore NOK capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Nokia Corp ADR (1996–2025)
Year-by-year Free Cash Flow Generation Index for Nokia Corp ADR. For the full company profile including market capitalisation, see NOK market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.71x | $1.41 Billion | $1.99 Billion | $582.08 Million | ▼ -12.7% |
| 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 | — |