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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Nokia (NOK) Return on Invested Capital (2018 - 2025)

Nokia has reported Return on Invested Capital over the past 13 years, most recently at 0.0% for Q4 2025.

  • For Q4 2025, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the TTM value through Dec 2025 reached 0.0%, changed 0.0%, while the annual FY2025 figure was 0.0%, 0.0% changed from the prior year.
  • Return on Invested Capital was 0.0% for Q4 2025 at Nokia, down from 0.0% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.0% in Q3 2023 and bottomed at 0.0% in Q1 2021.
  • The 4-year median for Return on Invested Capital is 0.0% (2024), against an average of 0.0%.
  • The widest YoY moves for Return on Invested Capital: up 0bps in 2021, down -1bps in 2021.
  • Over 4 years, Return on Invested Capital stood at 0.0% in 2021, then skyrocketed by 532bps to 0.0% in 2023, then crashed by -101bps to 0.0% in 2024, then tumbled by -193bps to 0.0% in 2025.
  • The last three reported values for Return on Invested Capital were 0.0% (Q4 2025), 0.0% (Q4 2024), and 0.0% (Q3 2024) per Business Quant data.