Growth Metrics

Nokia (NOK) Return on Equity (2017 - 2023)

Historic Return on Equity for Nokia (NOK) over the last 13 years, with Q4 2023 value amounting to 0.39%.

  • Nokia's Return on Equity rose 900.0% to 0.39% in Q4 2023 from the same period last year, while for Dec 2023 it was 0.39%, marking a year-over-year increase of 900.0%. This contributed to the annual value of 0.02% for FY2024, which is 200.0% down from last year.
  • Nokia's Return on Equity amounted to 0.39% in Q4 2023, which was up 900.0% from 0.28% recorded in Q2 2023.
  • Nokia's Return on Equity's 5-year high stood at 0.39% during Q4 2023, with a 5-year trough of 0.0% in Q2 2020.
  • Moreover, its 5-year median value for Return on Equity was 0.01% (2019), whereas its average is 0.1%.
  • In the last 5 years, Nokia's Return on Equity tumbled by -200bps in 2020 and then skyrocketed by 1600bps in 2021.
  • Over the past 5 years, Nokia's Return on Equity (Quarter) stood at 0.01% in 2019, then tumbled by -101bps to 0.0% in 2020, then skyrocketed by 146469bps to 0.16% in 2021, then soared by 87bps to 0.3% in 2022, then rose by 29bps to 0.39% in 2023.
  • Its Return on Equity stands at 0.39% for Q4 2023, versus 0.28% for Q2 2023 and 0.3% for Q4 2022.