Nokia (NOK) Free Cash Flow (2009 - 2024)
Nokia's (NOK) quarterly Free Cash Flow came in at $1.3 billion in Q2 2024, up 1254.42% year-over-year from $93.7 million in Q3 2023, and up 80.99% quarter-over-quarter from $701.5 million in Q4 2023.
Analysis
Nokia (NOK) Free Cash Flow (2009 - 2024) Analysis & Trends
Nokia has disclosed Free Cash Flow across 16 years of filings, most recently posting $1.3 billion for Q2 2024.
- In Q2 2024, Free Cash Flow rose 1254.42% year-over-year to $1.3 billion; the TTM figure through Jun 2024 stood at $2.5 billion (down 8.75% YoY), while the FY2025 annual figure was $3.0 billion, down 5.75% from the prior year.
- Free Cash Flow came in at $1.3 billion for Q2 2024 at Nokia, up from $701.5 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $1.8 billion in Q1 2021 to a low of -$110.0 million in Q2 2023.
- Average Free Cash Flow over 5 years is $821.8 million, with a median of $701.5 million recorded in 2023.
- Year-over-year, Free Cash Flow slumped 48.76% in 2022 and soared 1254.42% in 2024.
- Over 5 years, Free Cash Flow stood at $1.2 billion in 2020, then declined by 1.41% to $1.2 billion in 2021, then sank by 48.76% to $613.2 million in 2022, then grew by 14.41% to $701.5 million in 2023, then jumped by 80.99% to $1.3 billion in 2024.
- Per Business Quant data, the three most recent Free Cash Flow figures were $1.3 billion in Q2 2024, $701.5 million in Q4 2023, and -$110.0 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn | - |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn | 2.92 Bn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | 3.63 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | - |
| 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 | 630.65 Mn |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.27 Bn |
| Dec 31, 2023 | 701.51 Mn |
| Jun 30, 2023 | -109.98 Mn |
| Dec 31, 2022 | 613.17 Mn |
| Dec 31, 2021 | 1.20 Bn |
| Sep 30, 2021 | 1.01 Bn |
| Mar 31, 2021 | 1.76 Bn |
| Dec 31, 2020 | 1.21 Bn |
| Sep 30, 2020 | 595.72 Mn |
| Jun 30, 2020 | 464.82 Mn |
| Mar 31, 2020 | 317.93 Mn |
| Dec 31, 2019 | 1.97 Bn |
| Sep 30, 2019 | 728.84 Mn |
| Jun 30, 2019 | -1.18 Bn |
| Mar 31, 2019 | -1.05 Bn |
| Dec 31, 2018 | 1.39 Bn |
| Sep 30, 2018 | -254.73 Mn |
| Jun 30, 2018 | 871.21 Mn |
| Mar 31, 2018 | -184.28 Mn |
| Dec 31, 2017 | 2.16 Bn |