Fortum Oyj Past Earnings Performance

Past criteria checks 1/6

Fortum Oyj's earnings have been declining at an average annual rate of -5.2%, while the Electric Utilities industry saw earnings growing at 6.7% annually. Revenues have been declining at an average rate of 24.4% per year. Fortum Oyj's return on equity is 14.4%, and it has net margins of 19.8%.

Key information

-5.2%

Earnings growth rate

-5.4%

EPS growth rate

Electric Utilities Industry Growth6.3%
Revenue growth rate-24.4%
Return on equity14.4%
Net Margin19.8%
Next Earnings Update11 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Fortum Oyj makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:FOJC.Y Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,2231,2304760
30 Jun 246,3491,2874690
31 Mar 246,4611,4454470
31 Dec 236,7111,5144360
30 Sep 237,2601,5354290
30 Jun 237,930-2174260
31 Mar 238,1001,7214290
31 Dec 227,7742,0804320
30 Sep 227,5382,0654560
30 Jun 226,9436,5204650
31 Mar 22-13,1323,7922390
31 Dec 216,4223,9854990
30 Sep 2125,5303,9497430
30 Jun 2138,2831,2309690
31 Mar 2169,1511,9851,4440
31 Dec 2049,0151,8231,1950
30 Sep 2029,2891,7999390
30 Jun 2016,3001,8047120
31 Mar 205,1142,0714810
31 Dec 195,4471,4824800
30 Sep 195,4951,3184740
30 Jun 195,4531,1914690
31 Mar 195,4148004680
31 Dec 185,3338434590
30 Sep 185,1858954960
30 Jun 185,0941,2014920
31 Mar 184,9369154760
31 Dec 174,5678664560
30 Sep 174,2517664140
30 Jun 174,0643783890
31 Mar 173,8955053630
31 Dec 163,6534963490
30 Sep 163,4783663430
30 Jun 163,409-2563460
31 Mar 163,436-1963600
31 Dec 153,486-2313640
30 Sep 153,6742743640
30 Jun 153,8769853740
31 Mar 153,9661,0643710
31 Dec 144,1321,0813850
30 Sep 144,3691,0204270
30 Jun 144,5669934390
31 Mar 144,8941,1114650
31 Dec 135,3451,2044880

Quality Earnings: FOJC.Y has high quality earnings.

Growing Profit Margin: FOJC.Y's current net profit margins (19.8%) are lower than last year (21.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FOJC.Y's earnings have declined by 5.2% per year over the past 5 years.

Accelerating Growth: FOJC.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FOJC.Y had negative earnings growth (-19.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (13.4%).


Return on Equity

High ROE: FOJC.Y's Return on Equity (14.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 09:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fortum Oyj is covered by 47 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Juan RodriguezAlphaValue
Peter CramptonBarclays