Nokia Oyj Past Earnings Performance
Past criteria checks 2/6
Nokia Oyj has been growing earnings at an average annual rate of 37.9%, while the Communications industry saw earnings growing at 14% annually. Revenues have been declining at an average rate of 0.9% per year. Nokia Oyj's return on equity is 4.6%, and it has net margins of 4.6%.
Key information
37.9%
Earnings growth rate
38.1%
EPS growth rate
| Communications Industry Growth | 12.9% |
| Revenue growth rate | -0.9% |
| Return on equity | 4.6% |
| Net Margin | 4.6% |
| Next Earnings Update | 30 Jan 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nokia Oyj makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 19,772 | 914 | 2,558 | 4,296 |
| 30 Jun 24 | 20,155 | 912 | 2,578 | 4,296 |
| 31 Mar 24 | 21,127 | 834 | 2,565 | 4,254 |
| 31 Dec 23 | 22,258 | 660 | 2,604 | 4,266 |
| 30 Sep 23 | 23,171 | 3,848 | 2,779 | 4,366 |
| 30 Jun 23 | 24,704 | 4,128 | 2,878 | 4,483 |
| 31 Mar 23 | 25,138 | 4,304 | 2,909 | 4,539 |
| 31 Dec 22 | 24,911 | 4,201 | 2,869 | 4,513 |
| 30 Sep 22 | 23,876 | 1,727 | 2,862 | 4,420 |
| 30 Jun 22 | 23,033 | 1,652 | 2,765 | 4,290 |
| 31 Mar 22 | 22,474 | 1,532 | 2,723 | 4,233 |
| 31 Dec 21 | 22,202 | 1,632 | 2,766 | 4,214 |
| 30 Sep 21 | 22,341 | -1,742 | 2,727 | 4,081 |
| 30 Jun 21 | 22,236 | -1,884 | 2,704 | 3,954 |
| 31 Mar 21 | 22,015 | -2,148 | 2,715 | 3,896 |
| 31 Dec 20 | 21,852 | -2,520 | 2,898 | 4,087 |
| 30 Sep 20 | 22,202 | 740 | 2,863 | 3,917 |
| 30 Jun 20 | 22,594 | 625 | 2,948 | 4,078 |
| 31 Mar 20 | 23,196 | 355 | 3,025 | 4,231 |
| 31 Dec 19 | 23,315 | 14 | 3,061 | 4,434 |
| 30 Sep 19 | 23,280 | -359 | 3,115 | 4,489 |
| 30 Jun 19 | 23,052 | -570 | 3,184 | 4,547 |
| 31 Mar 19 | 22,671 | -646 | 3,211 | 4,584 |
| 31 Dec 18 | 22,563 | -554 | 3,277 | 4,598 |
| 30 Sep 18 | 22,346 | -1,128 | 3,254 | 4,655 |
| 30 Jun 18 | 22,388 | -1,194 | 3,275 | 4,733 |
| 31 Mar 18 | 22,693 | -1,351 | 3,346 | 4,776 |
| 31 Dec 17 | 23,147 | -1,473 | 3,652 | 4,859 |
| 30 Sep 17 | 23,153 | -430 | 3,491 | 4,892 |
| 30 Jun 17 | 23,549 | -357 | 3,512 | 4,887 |
| 31 Mar 17 | 23,508 | -600 | 3,498 | 4,911 |
| 31 Dec 16 | 23,641 | -751 | 3,538 | 4,935 |
| 30 Sep 16 | 20,593 | -912 | 3,086 | 4,221 |
| 30 Jun 16 | 17,733 | -604 | 2,641 | 3,516 |
| 31 Mar 16 | 15,075 | 399 | 2,234 | 2,803 |
| 31 Dec 15 | 12,560 | 1,192 | 1,781 | 2,080 |
| 30 Sep 15 | 12,399 | 1,018 | 1,628 | 2,079 |
| 30 Jun 15 | 12,451 | 3,129 | 1,590 | 2,081 |
| 31 Mar 15 | 12,033 | 2,779 | 1,454 | 1,899 |
| 31 Dec 14 | 11,762 | 2,710 | 1,561 | 1,904 |
| 30 Sep 14 | 11,730 | 2,584 | 1,448 | 2,016 |
| 30 Jun 14 | 11,579 | 436 | 1,471 | 2,128 |
| 31 Mar 14 | 12,233 | 387 | 1,587 | 2,493 |
| 31 Dec 13 | 11,795 | 273 | 1,483 | 1,970 |
Quality Earnings: NOK N has high quality earnings.
Growing Profit Margin: NOK N's current net profit margins (4.6%) are lower than last year (16.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOK N has become profitable over the past 5 years, growing earnings by 37.9% per year.
Accelerating Growth: NOK N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOK N had negative earnings growth (-76.2%) over the past year, making it difficult to compare to the Communications industry average (-4.6%).
Return on Equity
High ROE: NOK N's Return on Equity (4.6%) is considered low.