Nokia Oyj
OMXH:NOKIA
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Nokia Oyj
Gross Margin
Nokia Oyj
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | FI |
| Market Cap | 21.9B EUR |
| Gross Margin |
43%
|
| Country | US |
| Market Cap | 232B USD |
| Gross Margin |
65%
|
| Country | US |
| Market Cap | 127.6B USD |
| Gross Margin |
64%
|
| Country | US |
| Market Cap | 83.1B USD |
| Gross Margin |
51%
|
| Country | SE |
| Market Cap | 295.5B SEK |
| Gross Margin |
43%
|
| Country | CN |
| Market Cap | 148B CNY |
| Gross Margin |
38%
|
| Country | US |
| Market Cap | 21.6B USD |
| Gross Margin |
39%
|
| Country | CN |
| Market Cap | 148.3B CNY |
| Gross Margin |
33%
|
| Country | US |
| Market Cap | 14.3B USD |
| Gross Margin |
80%
|
| Country | US |
| Market Cap | 11.8B USD |
| Gross Margin |
59%
|
| Country | TW |
| Market Cap | 357.4B TWD |
| Gross Margin |
22%
|
Nokia Oyj
Glance View
Nokia Oyj, a Finnish telecommunications behemoth, is a storied player in the global technology landscape, renowned for its pivotal role in the development of mobile and networking technologies. Founded in 1865, the company has undergone significant transformations, shifting from its industrial roots into the forefront of telecommunications. Today, Nokia focuses primarily on providing infrastructure and technology for telecommunications networks, including the burgeoning fields of 5G deployment, Internet of Things (IoT) solutions, and cloud services. With a sharp focus on innovation and sustainability, Nokia aims to shape the future of connectivity while boasting a strong portfolio of patents that positions it favorably in negotiations and partnerships across the tech domain. For investors looking to tap into the tech sector's growth, Nokia presents an intriguing proposition. The company is strategically pivoting towards high-growth markets, with significant investments in research and development that drive its cutting-edge product offerings. Its partnerships with major telecommunications providers and a commitment to reducing carbon footprints align well with global trends emphasizing sustainability and digital transformation. While Nokia has faced challenges in a competitive landscape, its robust financial health, diverse product range, and commitment to shareholder returns through dividends make it a compelling candidate for those seeking growth in an industry poised for future expansion.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Nokia Oyj's most recent financial statements, the company has Gross Margin of 42.8%.
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