Nokia (NOK) Invested Capital (2009 - 2025)
Nokia (NOK) reported Invested Capital of $27.59 billion for the quarter ended Dec 31, 2025, up 1.9% from $27.07 billion a year earlier.
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Analysis
Nokia (NOK) Invested Capital (2009 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Nokia posted Invested Capital of $26.78 billion, down 2.3% from the prior year.
- Invested Capital has a five-year compound annual growth rate of 5.1% (years ended Dec 2020 to Dec 2025).
- By year, Invested Capital came in at $27.42 billion in the year ended Dec 31, 2024 (+1.0%), $27.15 billion in the year ended Dec 31, 2023 (-3.6%), $28.15 billion in the year ended Dec 31, 2022 (+4.5%) and $26.94 billion in the year ended Dec 31, 2021 (+28.9%).
- The figure for the quarter ended Dec 31, 2025 ranks as the highest quarterly Invested Capital since the quarter ended Dec 31, 2019.
- The high point for year-over-year Invested Capital in five years was the quarter ended Dec 31, 2021 (growth of 19.3%); the low point was the quarter ended Mar 31, 2021 (a decline of 5.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 217.23 Bn | -2,082.64 Bn | 24.75 Bn | 283.43 Bn |
| 2 | Bhp | 215.58 Bn | 159.38 Bn | - | 12.43 Bn |
| 3 | Bank Of Nova Scotia | 112.36 Bn | -322.86 Bn | - | 278.77 Bn |
| 4 | Nokia | 58.28 Bn | 58.28 Bn | 2.58 Bn | - |
| 5 | Haleon | 40.29 Bn | 33.48 Bn | - | 10.84 Bn |
| 6 | Gold Fields | 32.31 Bn | 29.12 Bn | - | 11.41 Bn |
| 7 | Sprott Physical Gold Trust | 14.84 Bn | 14.70 Bn | - | - |
| 8 | Sprott Physical Silver Trust | 11.90 Bn | 11.57 Bn | - | - |
| 9 | Magnum Ice Cream | 10.88 Bn | 9.56 Bn | - | 5.34 Bn |
| 10 | Sprott Physical Gold & Silver Trust | 7.92 Bn | 7.86 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 27.59 Bn |
| Dec 31, 2024 | 27.07 Bn |
| Jun 30, 2024 | 23.45 Bn |
| Dec 31, 2023 | 27.00 Bn |
| Jun 30, 2023 | 24.15 Bn |
| Dec 31, 2022 | 27.25 Bn |
| Dec 31, 2021 | 26.04 Bn |
| Sep 30, 2021 | 20.26 Bn |
| Mar 31, 2021 | 17.54 Bn |
| Dec 31, 2020 | 21.82 Bn |
| Sep 30, 2020 | 18.75 Bn |
| Jun 30, 2020 | 17.71 Bn |
| Mar 31, 2020 | 18.58 Bn |
| Dec 31, 2019 | 27.86 Bn |
| Sep 30, 2019 | 17.03 Bn |
| Jun 30, 2019 | 17.08 Bn |
| Mar 31, 2019 | 18.08 Bn |
| Dec 31, 2018 | 21.79 Bn |
| Sep 30, 2018 | 18.60 Bn |
| Jun 30, 2018 | 18.31 Bn |
API Access
Nokia Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=NOK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NOK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NOK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();