Nokia Oyj (Nokia Oyj) Net Margin %

: -0.75% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Nokia Oyj's Net Income for the three months ended in Dec. 2023 was $-47 Mil. Nokia Oyj's Revenue for the three months ended in Dec. 2023 was $6,224 Mil. Therefore, Nokia Oyj's net margin for the quarter that ended in Dec. 2023 was -0.75%.

The historical rank and industry rank for Nokia Oyj's Net Margin % or its related term are showing as below:

NOK' s Net Margin % Range Over the Past 10 Years
Min: -11.55 Med: 1.51 Max: 29.43
Current: 2.99

NOK's Net Margin % is ranked better than
51.02% of 2462 companies
in the Hardware industry
Industry Median: 2.835 vs NOK: 2.99

Nokia Oyj Net Margin % Historical Data

The historical data trend for Nokia Oyj's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

0.03

-11.55

7.31

17.06

2.99

Nokia Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																42.34	4.76	5.08	2.79	-0.75

Competitive Comparison

For the Communication Equipment subindustry, Nokia Oyj's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nokia Oyj Net Margin % Distribution

For the Hardware industry and Technology sector, Nokia Oyj's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nokia Oyj's Net Margin % falls into.

Nokia Oyj Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nokia Oyj's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	725.191	/	24272.628
	=	2.99 %

Nokia Oyj's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-46.892	/	6223.555
	=	-0.75 %

Nokia Oyj (NYSE:NOK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Nokia Oyj Net Margin % Related Terms

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Nokia Oyj (Nokia Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nokia Oyj (NYSE:NOK) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

NOKBF:USA NOKIA SEK:Sweden NOK N:Mexico NOKIA:Italy 0K8D:UK NOKIAh:UK 0HAF:UK NOKIA:France NOKIA:Finland NOA3:Germany NOAA:Germany NOA3:Germany NOA3:Germany NOAA:Germany NOA3:Germany NOKIA:Czech Republic NOKI34:Brazil NOKI:Austria NOK:Argentina

Address

Karakaari 7, Espoo, FIN, FI-02610

Website

http://www.nokia.com

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.