Nokia NOK
NYSE NOK
$10.05 +0.28 (+2.87%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nokia (NOK) Asset Utilization Ratio (2009 - 2022)

Nokia's (NOK) quarterly Asset Utilization Ratio came in at 0.62 in Q4 2022, up 8.21% year-over-year from 0.57 in Q4 2021, and up 8.21% quarter-over-quarter from 0.57 in Q4 2021.

Analysis

Nokia (NOK) Asset Utilization Ratio (2009 - 2022) Analysis & Trends

Nokia has disclosed Asset Utilization Ratio across 14 years of filings, most recently posting 0.62 for Q4 2022.

  • In Q4 2022, Asset Utilization Ratio rose 8.21% year-over-year to 0.62; the TTM figure through Dec 2022 stood at 0.62 (up 8.21% YoY), while the FY2025 annual figure was 0.52, up 6.6% from the prior year.
  • Asset Utilization Ratio came in at 0.62 for Q4 2022 at Nokia, up from 0.57 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.62 in Q4 2022 to a low of 0.55 in Q1 2018.
  • Average Asset Utilization Ratio over 5 years is 0.58, with a median of 0.59 recorded in 2018.
  • Year-over-year, Asset Utilization Ratio gained 8.34% in 2018 and dropped 7.3% in 2020.
  • Over 5 years, Asset Utilization Ratio stood at 0.59 in 2018, then grew by 1.68% to 0.6 in 2019, then declined by 5.94% to 0.57 in 2020, then increased by 0.97% to 0.57 in 2021, then advanced by 8.21% to 0.62 in 2022.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.62 in Q4 2022, 0.57 in Q4 2021, and 0.59 in Q1 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Asml Holding 660.95 Bn 645.44 Bn 5.90 Bn 0.70
2 Hsbc Holdings 367.89 Bn 367.94 Bn - -
3 General Electric 349.68 Bn 340.56 Bn 6.95 Bn 0.40
4 Astrazeneca 252.14 Bn 246.93 Bn 12.86 Bn 0.53
5 Citigroup 231.03 Bn -2,068.84 Bn 24.75 Bn 0.03
6 Bhp 229.70 Bn 211.16 Bn - -
7 Diageo 216.99 Bn 217.04 Bn - -
8 Rio Tinto 206.31 Bn 201.93 Bn - -
9 Ferrari 152.22 Bn 150.47 Bn 1.18 Bn 0.72
10 Nokia 57.71 Bn 51.06 Bn 3.40 Bn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 0.62
Dec 31, 2021 0.57
Mar 31, 2021 0.59
Dec 31, 2020 0.57
Sep 30, 2020 0.56
Jun 30, 2020 0.57
Mar 31, 2020 0.59
Dec 31, 2019 0.60
Sep 30, 2019 0.60
Jun 30, 2019 0.59
Mar 31, 2019 0.58
Dec 31, 2018 0.59
Sep 30, 2018 0.59
Jun 30, 2018 0.56
Mar 31, 2018 0.55
Dec 31, 2017 0.55
Sep 30, 2017 0.54
Jun 30, 2017 0.55
Mar 31, 2017 0.54
Dec 31, 2016 0.55