Nokia (NOK) Return on Capital Employed (2009 - 2023)
Nokia (NOK) posted quarterly Return on Capital Employed of 19.75% for Q2 2023, down 16.04% on a QoQ basis from 23.53% in Q4 2022.
Nokia (NOK) Return on Capital Employed (2009 - 2023) Analysis & Trends
Nokia (NOK) has reported Return on Capital Employed for 15 consecutive years, with 19.75% the latest figure, recorded in Q2 2023.
- Quarterly Return on Capital Employed changed N/A year-over-year to 19.75% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 19.75% (changed N/A YoY) and the FY2025 annual result came in at 3.12%, down 389.0% from the prior year.
- Return on Capital Employed eased to 19.75% in Q2 2023 per NOK's latest filing, from 23.53% in the prior quarter.
- Over the last five years, Return on Capital Employed for NOK reached as high as 23.53% in Q4 2022 and fell as low as 11.21% in Q2 2019.
- A 5-year average of 16.85% and a median of 16.65% in 2021 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2019 — Return on Capital Employed jumped 1032 bps — and 2020, when it slumped 572 bps.
- Year by year, Return on Capital Employed stood at 20.33% in 2019, then decreased by 28 bps to 14.61% in 2020, then surged by 60 bps to 23.43% in 2021, then advanced by 0 bps to 23.53% in 2022, then retreated by 16 bps to 19.75% in 2023.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 19.75%, 23.53%, and 23.43% for Q2 2023, Q4 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn | 16.71% |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn | 21.43% |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn | -0.78% |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn | 11.56% |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn | 6.63% |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn | 87.31% |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn | -8.36% |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn | 10.82% |
| 10 | Viasat | 10.14 Bn | 8.46 Bn | 615.36 Mn | 0.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 19.75% |
| Dec 31, 2022 | 23.53% |
| Dec 31, 2021 | 23.43% |
| Mar 31, 2021 | 16.65% |
| Dec 31, 2020 | 14.61% |
| Sep 30, 2020 | 13.24% |
| Jun 30, 2020 | 12.61% |
| Mar 31, 2020 | 12.62% |
| Dec 31, 2019 | 20.33% |
| Sep 30, 2019 | 17.35% |
| Jun 30, 2019 | 11.21% |
| Dec 31, 2018 | 10.01% |
| Sep 30, 2018 | 9.90% |
| Jun 30, 2018 | 13.91% |
| Dec 31, 2017 | -4.18% |
| Sep 30, 2017 | -4.13% |
| Jun 30, 2017 | -4.36% |
| Dec 31, 2016 | 12.67% |
| Dec 31, 2015 | 26.03% |
| Dec 31, 2014 | 1,584,979.94% |