Fortum Oyj

FORTUM · HE · Utilities / Utilities - Renewable

23.27EUR+0.20 (+0.87%)

Price History

Full chart

Market Stats

Previous Close23.07

Open23.04

Day Range23.01 – 23.28

52-Week Range15.56 – 25.84

Volume19.58K

Market Cap21.19B

P/E (TTM)25.67

Forward P/E18.18

EPS0.92

Dividend Yield3.13%

Beta0.09

50-Day Avg21.35

200-Day Avg20.5

About

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally. It operates through Generation, Consumer Solutions, and Other Operations segments. The Generation segment offers low-carbon hydro, nuclear, onshore wind, and solar power generation; district heating and cooling; and decarbonization services. The Consumer Solutions segment offers invoicing and customer services; electricity and related value-added products; and digital services for consumers, including small- and medium-sized enterprises. It is also involved in the electricity and gas retail business; power trading and energy supply services; industrial site development; and battery recycling activities. The company was formerly known as IVO-Neste Yhtymä Oyj and changed its name to Fortum Oyj in June 1998. The company has strategic partnership with Google for nuclear power purchase agreement. Fortum Oyj was incorporated in 1998 and is headquartered in Espoo, Finland.

Company Details

SectorUtilities
IndustryUtilities - Renewable
CEOMr. Markus Heikki-Erdem Rauramo
Employees4.64K
HeadquartersCD Building, Espoo, Finland, 02150, Finland
Websitehttps://www.fortum.com

Leadership

Mr. Markus Heikki-Erdem RauramoPresident & CEO · b. 1968
Ms. Tiina Marjukka Tuomela M.Sc. (Eng.), MBAChief Financial Officer · b. 1966
Ms. Ingela Ulfves M.Sc. (Econ.)Vice President of Investor Relations & Financial Communications · b. 1966
Ms. Kati Levoranta L.L.B., M.B.A.Executive VP of Legal & General Counsel · b. 1970
Ms. Heli KurkiHead of Publicity & Communications
Ms. Karin Svenske Nyberg M.Sc.Executive Vice President of People · b. 1966
Mr. Alexander Anatolyevich Chuvaev MSc (Eng)Head of the Russia Division · b. 1960
Mr. Mikael Rönnblad M.Sc. (Econ.)Executive Vice President of Consumer Solutions · b. 1969
Mr. Simon-Erik OllusExecutive VP of Corporate Customers & Markets · b. 1978
Ms. Nebahat Albayrak L.L.M.Executive Vice President of Sustainability & Corporate Relations · b. 1968

Financials

Income Statement

Line item	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	8.49B	8.23B	10.61B	10.41B	11.15B	11.39B	11.66B	3.88B	4.49B	4.48B	5.87B	5.47B	6.40B	6.25B	6.16B	6.06B	4.75B	3.46B	3.63B	4.52B	5.24B	5.45B	49.02B	112.40B	8.80B	6.71B	5.80B	4.99B
Cost of Revenue	-	-	-	-	-	-	-	1.32B	1.67B	1.57B	2.12B	2.03B	2.85B	2.57B	2.83B	2.75B	2.07B	1.59B	1.93B	2.43B	2.92B	2.85B	44.30B	105.17B	5.47B	3.81B	3.29B	3.62B
Gross Profit	8.49B	8.23B	10.61B	10.41B	11.15B	11.39B	11.66B	3.88B	4.49B	4.48B	3.75B	3.44B	3.56B	3.69B	3.33B	3.30B	2.68B	1.87B	1.71B	2.09B	2.32B	2.59B	4.72B	7.23B	3.33B	2.90B	2.50B	1.37B
Operating Income	595.00M	721.00M	906.00M	914.00M	1.29B	1.42B	1.91B	1.35B	1.46B	1.85B	1.96B	1.78B	1.71B	2.40B	1.86B	1.71B	3.43B	-150.00M	633.00M	1.16B	1.14B	1.97B	2.84B	6.22B	1.87B	1.66B	1.32B	936.00M
EBITDA	1.09B	1.23B	1.48B	1.54B	1.58B	1.77B	1.58B	1.75B	1.80B	2.60B	2.72B	2.38B	2.38B	3.03B	2.53B	2.34B	1.46B	379.00M	1.05B	1.65B	1.50B	2.47B	3.50B	4.82B	2.46B	2.27B	1.50B	1.34B
Net Income	213.00M	703.00M	423.00M	459.00M	666.00M	769.00M	1.23B	1.41B	1.12B	1.61B	1.54B	1.31B	1.30B	1.77B	1.41B	1.20B	3.15B	4.14B	496.00M	866.00M	843.00M	1.48B	1.82B	-114.00M	1.01B	-2.07B	1.16B	765.00M
R&D	-	-	58.00M	53.00M	38.00M	35.00M	29.00M	-	-	21.00M	27.00M	30.00M	30.00M	38.00M	41.00M	49.00M	41.00M	47.00M	52.00M	53.00M	56.00M	67.00M	56.00M	54.00M	55.00M	56.00M	-	-
Interest Expense	-	-	0	0	0	0	0	0	0	220.00M	351.00M	241.00M	197.00M	284.00M	300.00M	308.00M	254.00M	208.00M	175.00M	188.00M	148.00M	182.00M	170.00M	203.00M	250.00M	268.00M	152.00M	157.00M

Balance Sheet

Line item	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	11.18B	12.08B	14.83B	14.29B	17.96B	16.56B	16.70B	15.13B	16.84B	17.67B	20.28B	19.84B	21.96B	23.00B	24.63B	24.42B	21.38B	22.77B	21.96B	21.75B	22.41B	23.36B	57.81B	149.66B	23.64B	18.74B	17.31B	16.44B
Total Liabilities	6.99B	7.25B	8.53B	7.54B	10.63B	9.92B	9.05B	7.72B	8.68B	9.02B	11.87B	11.35B	13.22B	12.84B	13.81B	13.76B	10.44B	8.90B	8.42B	8.47B	10.33B	10.13B	42.23B	136.00B	15.90B	10.24B	8.15B	7.83B
Total Equity	3.98B	4.71B	5.02B	5.49B	5.90B	6.41B	7.39B	7.41B	7.91B	8.36B	7.95B	8.03B	8.21B	9.63B	10.21B	10.02B	10.86B	13.79B	13.46B	13.05B	11.84B	12.98B	12.95B	12.13B	7.67B	8.44B	9.07B	8.54B
Cash	331.00M	634.00M	422.00M	446.00M	591.00M	439.00M	146.00M	788.00M	157.00M	427.00M	1.32B	890.00M	556.00M	731.00M	963.00M	1.25B	2.01B	3.29B	1.68B	3.18B	556.00M	1.36B	2.31B	7.59B	3.92B	4.18B	4.05B	2.90B
Total Debt	3.96B	3.64B	4.46B	3.52B	4.70B	5.19B	4.62B	3.95B	4.50B	4.89B	980.00M	7.13B	8.59B	7.06B	8.78B	9.10B	6.98B	6.01B	5.11B	4.89B	6.09B	6.69B	10.66B	17.22B	7.79B	6.15B	4.83B	4.83B
Net Debt	3.63B	3.01B	4.04B	3.07B	4.11B	4.75B	4.47B	3.16B	4.34B	4.47B	-341.00M	6.25B	8.03B	6.33B	7.81B	7.84B	4.97B	2.72B	3.43B	1.71B	5.54B	5.33B	8.36B	9.63B	3.87B	1.97B	783.00M	1.93B

Cash Flow

Line item	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	833.00M	494.00M	424.00M	1.15B	1.35B	1.58B	1.75B	1.40B	1.15B	1.67B	2.00B	2.26B	1.44B	1.61B	1.38B	1.84B	1.76B	1.38B	621.00M	993.00M	804.00M	2.02B	2.56B	4.97B	-8.77B	1.82B	1.39B	840.00M
Investing Cash Flow	-153.00M	-86.00M	-1.11B	-301.00M	-1.38B	182.00M	-738.00M	757.00M	-1.31B	-609.00M	-2.28B	-974.00M	-1.10B	-825.00M	-1.13B	-1.21B	2.82B	6.27B	-1.70B	-807.00M	-4.40B	-369.00M	-2.14B	-5.73B	-985.00M	1.10B	604.00M	-614.00M
Financing Cash Flow	-778.00M	-200.00M	345.00M	-679.00M	19.00M	-1.91B	-1.30B	-1.52B	-476.00M	-791.00M	1.32B	-1.67B	-710.00M	-590.00M	-47.00M	-304.00M	-3.01B	-2.16B	-1.98B	-1.43B	326.00M	-839.00M	505.00M	6.01B	6.07B	-2.61B	-2.04B	-1.46B
Capital Expenditure	638.00M	731.00M	716.00M	657.00M	649.00M	550.00M	651.00M	346.00M	485.00M	592.00M	1.02B	845.00M	1.13B	1.28B	1.42B	1.27B	768.00M	527.00M	599.00M	657.00M	579.00M	695.00M	1.10B	1.18B	534.00M	576.00M	472.00M	499.00M
Free Cash Flow	195.00M	-237.00M	-292.00M	488.00M	702.00M	1.03B	1.10B	1.06B	666.00M	1.08B	984.00M	1.42B	303.00M	328.00M	-40.00M	565.00M	994.00M	854.00M	22.00M	336.00M	225.00M	1.32B	1.45B	3.79B	-9.30B	1.24B	920.00M	341.00M
Dividends Paid	99.00M	99.00M	141.00M	183.00M	220.00M	264.00M	359.00M	506.00M	987.00M	905.00M	1.20B	888.00M	888.00M	888.00M	888.00M	888.00M	977.00M	1.16B	977.00M	977.00M	977.00M	977.00M	977.00M	995.00M	1.01B	817.00M	1.03B	1.26B

Earnings

Report Date	Oct 21, 2004	Feb 3, 2005	May 3, 2005	Oct 20, 2005	Feb 3, 2006	Apr 25, 2006	Jul 19, 2006	Oct 19, 2006	Jan 31, 2007	Apr 24, 2007	Jul 18, 2007	Oct 18, 2007	Jan 31, 2008	Apr 24, 2008	Jul 17, 2008	Oct 22, 2008	Feb 5, 2009	Apr 28, 2009	Jul 17, 2009	Oct 22, 2009	Feb 3, 2010	Apr 27, 2010	Jul 16, 2010	Oct 21, 2010	Feb 2, 2011	Apr 28, 2011	Jul 20, 2011	Oct 20, 2011	Feb 1, 2012	Apr 26, 2012	Jul 19, 2012	Oct 19, 2012	Jan 31, 2013	Apr 25, 2013	Jul 19, 2013	Oct 23, 2013	Feb 4, 2014	Apr 29, 2014	Jul 18, 2014	Oct 23, 2014	Feb 4, 2015	Apr 29, 2015	Jul 17, 2015	Oct 22, 2015	Feb 3, 2016	Apr 28, 2016	Jul 20, 2016	Oct 25, 2016	Feb 2, 2017	Apr 27, 2017	Jul 20, 2017	Oct 26, 2017	Feb 2, 2018	Apr 26, 2018	Jul 19, 2018	Oct 24, 2018	Feb 1, 2019	Apr 26, 2019	Jul 19, 2019	Oct 24, 2019	Feb 6, 2020	May 15, 2020	Aug 19, 2020	Nov 17, 2020	Mar 12, 2021	May 12, 2021	Aug 17, 2021	Nov 12, 2021	Mar 3, 2022	May 12, 2022	Aug 25, 2022	Nov 10, 2022	Mar 2, 2023	May 11, 2023	Aug 4, 2023	Nov 2, 2023	Feb 7, 2024	Apr 30, 2024	Aug 15, 2024	Oct 29, 2024	Feb 10, 2025	Apr 29, 2025	Aug 15, 2025	Oct 29, 2025	Feb 3, 2026	Apr 29, 2026	Jul 20, 2026	Oct 28, 2026
EPS Estimate	0.19	0.32	0.32	0.14	0.30	0.37	0.23	0.17	0.36	0.47	0.23	0.21	0.43	0.49	0.29	0.22	0.45	0.48	0.30	0.24	0.44	0.53	0.32	0.24	0.46	0.57	0.32	0.23	0.41	0.52	0.28	0.20	0.41	0.48	0.21	0.16	0.39	0.40	0.20	0.12	0.30	0.36	0.16	0.07	0.25	0.26	0.10	0.05	0.22	0.28	0.12	0.06	0.24	0.35	0.13	0.08	0.28	0.44	0.22	0.21	0.40	0.59	0.21	-0.03	0.66	0.77	0.14	0.43	0.70	0.17	1.56	1.71	0.55	0.44	0.23	0.14	0.37	0.39	0.16	0.12	0.24	0.34	0.12	0.09	0.25	0.43	0.13	0.11
EPS Actual	0.23	0.41	0.29	0.17	0.35	0.41	0.21	0.18	0.36	0.61	0.23	0.18	0.41	0.48	0.34	0.27	0.52	0.46	0.35	0.27	0.51	0.56	0.29	0.27	0.46	0.53	0.28	0.21	0.41	0.48	0.21	0.14	0.64	0.49	0.23	0.09	0.45	0.44	0.23	0.13	0.39	0.32	0.13	-0.07	0.22	0.29	0.11	0.03	0.15	0.31	0.10	0.06	0.27	0.36	0.13	0.06	0.24	0.42	0.29	0.23	0.36	0.83	0.15	-0.10	0.96	0.94	0.09	0.19	0.78	-0.11	0.99	0.31	0.24	0.58	0.16	0.23	0.35	0.48	0.20	0.14	0.18	0.42	0.09	0.08	0.23	0.45	0.08	-
Surprise	21.05%	28.13%	-9.38%	21.43%	16.67%	10.81%	-8.70%	5.88%	0.00%	29.79%	0.00%	-14.29%	-4.65%	-2.04%	17.24%	22.73%	15.56%	-4.17%	16.67%	12.50%	15.91%	5.66%	-9.38%	12.50%	0.00%	-7.02%	-12.50%	-8.70%	0.00%	-7.69%	-25.00%	-30.00%	56.10%	2.08%	9.52%	-43.75%	15.38%	10.00%	15.00%	8.33%	30.00%	-11.11%	-18.75%	-200.00%	-12.00%	11.54%	10.00%	-40.00%	-31.82%	10.71%	-16.67%	0.00%	12.50%	2.86%	0.00%	-25.00%	-14.29%	-4.55%	31.82%	9.52%	-10.00%	40.68%	-28.57%	-233.33%	45.45%	22.08%	-35.71%	-55.81%	11.43%	-164.71%	-36.54%	-81.87%	-56.36%	31.82%	-30.43%	64.29%	-5.41%	23.08%	25.00%	16.67%	-25.00%	23.53%	-25.00%	-9.71%	-8.00%	4.65%	-38.46%	-
Timing	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours

Key Statistics & Ratios

Market Cap21.19B

Enterprise Value23.20B

Trailing P/E25.67

Forward P/E18.18

PEG Ratio13.90

Price / Sales3.86

Price / Book2.63

EPS0.92

Book Value9.08

Revenue (TTM)5.49B

Gross Profit (TTM)2.16B

EBITDA1.28B

Profit Margin15.07%

Operating Margin9.52%

Return on Equity9.99%

Return on Assets3.91%

Shares Outstanding897.26M

Shares Float429.79M

Beta0.09

Dividend Yield3.13%

Dividend Rate0.74

Payout Ratio88.10%

Dividends

20261×

0.74Apr 1, 2026

20251×

1.40Apr 2, 2025

20242×

0.57Oct 1, 20240.58Mar 26, 2024

20232×

0.45Sep 29, 20230.46Apr 14, 2023

20221×

1.14Mar 29, 2022

20211×

1.12Apr 29, 2021

20201×

1.10Apr 24, 2020

20191×

1.10Mar 27, 2019

20181×

1.10Mar 29, 2018

20171×

1.10Apr 5, 2017

20161×

1.10Apr 6, 2016

20151×

0.20Apr 1, 2015

20141×

1.10Apr 9, 2014

20131×

1.00Apr 10, 2013

20121×

1.00Apr 12, 2012

20111×

1.00Apr 1, 2011

20101×

1.00Mar 26, 2010

20091×

1.00Apr 8, 2009

20081×

0.77Apr 2, 2008

20071×

0.73Mar 29, 2007

20061×

0.58Mar 17, 2006

20051×

0.58Apr 1, 2005