Nokia annual return on equity
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Nokia Return on Equity (ROE) Growth & History (NOK)
Nokia's return on equity was 3.17% for fiscal 2025.
View full Nokia company overviewNokia annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 3.17% | −3.06 pp |
| 2024 | 2024-12-31 | 6.23% | +2.99 pp |
| 2023 | 2023-12-31 | 3.24% | −18.77 pp |
| 2022 | 2022-12-31 | 22.01% | +10.98 pp |
| 2021 | 2021-12-31 | 11.03% | +29.14 pp |
| 2020 | 2020-12-31 | −18.11% | −18.18 pp |
| 2019 | 2019-12-31 | 0.07% | +2.20 pp |
| 2018 | 2018-12-31 | −2.13% | +5.92 pp |
| 2017 | 2017-12-31 | −8.05% | −1.99 pp |
| 2016 | 2016-12-31 | −6.06% | — |
Nokia quarterly return on equity
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.01% | −0.44 pp |
| Q1 2026 | 2026-03-31 | 0.41% | — |
| Q4 2025 | 2025-12-31 | 2.67% | — |
| Q3 2025 | 2025-09-30 | 0.40% | — |
| Q2 2025 | 2025-06-30 | 0.45% | — |
Nokia return on equity trends
Over the last five fiscal years, Nokia's return on equity increased from −18.11% to 3.17%, a change of +21.28 percentage points. The latest reported quarter, Q2 2026, shows 0.01%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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