Fortum Oyj (HE:FORTUM) — Market Cap & Net Worth

$22.18 Billion USD  · €18.97 Billion EUR  · Rank #1279

Market Cap & Net Worth: Fortum Oyj (FORTUM)

Fortum Oyj (HE:FORTUM) has a market capitalization of $22.18 Billion (€18.97 Billion) as of April 19, 2026. Listed on the HE stock exchange, this Finland-based company holds position #1279 globally and #6 in its home market, demonstrating a -4.04% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Fortum Oyj's stock price €21.14 by its total outstanding shares 897264465 (897.26 Million).

Fortum Oyj Market Cap History: 2015 to 2026

Fortum Oyj's market capitalization history from 2015 to 2026. Data shows growth from $7.70 Billion to $22.18 Billion (10.36% CAGR).

Index Memberships

Fortum Oyj is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
STOXX Europe Mid 200 EUR Price
MCXP
$1.47 Trillion 1.20% #27 of 157
STOXX Europe Mid 200 EUR Net Return
MCXR
$1.47 Trillion 1.20% #27 of 157

Weight: Fortum Oyj's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Fortum Oyj Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Fortum Oyj's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

3.82x

Fortum Oyj's market cap is 3.82 times its annual revenue

Industry average: 11.83x Lower than industry average

Latest Price to Earnings (P/E) Ratio

24.93x

Fortum Oyj's market cap is 24.93 times its annual earnings

Industry average: 62.98x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $8.82 Billion $3.63 Billion $496.00 Million 2.43x 17.79x
2017 $10.80 Billion $4.52 Billion $866.00 Million 2.39x 12.48x
2018 $13.28 Billion $5.24 Billion $843.00 Million 2.53x 15.75x
2019 $16.19 Billion $5.45 Billion $1.48 Billion 2.97x 10.92x
2020 $15.59 Billion $49.02 Billion $1.82 Billion 0.32x 8.55x
2021 $22.45 Billion $112.40 Billion -$114.00 Million 0.20x N/A
2022 $13.86 Billion $8.80 Billion $1.01 Billion 1.57x 13.71x
2023 $12.52 Billion $6.71 Billion -$2.07 Billion 1.87x N/A
2024 $14.18 Billion $5.80 Billion $1.16 Billion 2.44x 12.18x
2025 $19.07 Billion $4.99 Billion $765.00 Million 3.82x 24.93x

Competitor Companies of FORTUM by Market Capitalization

Companies near Fortum Oyj in the global market cap rankings as of April 19, 2026.

Key companies related to Fortum Oyj by market ranking:

  • China Yangtze Power Co Ltd (SHG:600900): Ranked #232 globally with a market cap of $94.45 Billion USD ( CN¥645.47 Billion CNY).
  • China Yangtze Power Co. Ltd. GDR (LSE:CYPC): Ranked #246 globally with a market cap of $91.02 Billion USD.
  • CN YANGT.PWR GDR REG S/A (F:CYZB): Ranked #326 globally with a market cap of $71.93 Billion USD ( €61.53 Billion EUR).
  • PT Barito Renewables Energy Tb (JK:BREN): Ranked #453 globally with a market cap of $51.94 Billion USD ( Rp886.33 Trillion IDR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#232 China Yangtze Power Co Ltd SHG:600900 $94.45 Billion CN¥26.38
#246 China Yangtze Power Co. Ltd. GDR LSE:CYPC $91.02 Billion $37.20
#326 CN YANGT.PWR GDR REG S/A F:CYZB $71.93 Billion €27.40
#453 PT Barito Renewables Energy Tb JK:BREN $51.94 Billion Rp6625.00

Fortum Oyj Historical Marketcap From 2015 to 2026

Between 2015 and today, Fortum Oyj's market cap moved from $7.70 Billion to $ 22.18 Billion, with a yearly change of 10.36%.

Year Market Cap Change (%)
2026 €22.18 Billion +16.28%
2025 €19.07 Billion +34.52%
2024 €14.18 Billion +13.23%
2023 €12.52 Billion -9.64%
2022 €13.86 Billion -38.27%
2021 €22.45 Billion +44.02%
2020 €15.59 Billion -3.71%
2019 €16.19 Billion +21.90%
2018 €13.28 Billion +22.92%
2017 €10.80 Billion +22.47%
2016 €8.82 Billion +14.56%
2015 €7.70 Billion --

End of Day Market Cap According to Different Sources

On Apr 18th, 2026 the market cap of Fortum Oyj was reported to be:

Source Market Cap
Yahoo Finance $22.18 Billion USD
MoneyControl $22.18 Billion USD
MarketWatch $22.18 Billion USD
marketcap.company $22.18 Billion USD
Reuters $22.18 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Fortum Oyj

HE:FORTUM Finland Utilities - Renewable
Market Cap
$22.18 Billion
€18.97 Billion EUR
Market Cap Rank
#1279 Global
#6 in Finland
Share Price
€21.14
Change (1 day)
-3.51%
52-Week Range
€13.43 - €22.63
All Time High
€22.63
About

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally. It operates through Generation, Consumer Solutions, and Other Operations segments. The Generation segment offers low-carbon hydro, nuclear, onshore wind, and solar power generation; district heating and co… Read more