Fortum Oyj

Helsinki Stock Exchange FORTUM.HE

Fortum Oyj Return on Equity (ROE) for the year ending December 31, 2023: -24.52%

Fortum Oyj Return on Equity (ROE) is -24.52% for the year ending December 31, 2023, a -286.00% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Fortum Oyj Return on Equity (ROE) for the year ending December 31, 2022 was 13.18%, a 1,502.64% change year over year.
  • Fortum Oyj Return on Equity (ROE) for the year ending December 31, 2021 was -0.94%, a -106.68% change year over year.
  • Fortum Oyj Return on Equity (ROE) for the year ending December 31, 2020 was 14.07%, a 23.28% change year over year.
  • Fortum Oyj Return on Equity (ROE) for the year ending December 31, 2019 was 11.42%, a 60.35% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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Helsinki Stock Exchange: FORTUM.HE

Fortum Oyj

CEO Mr. Markus Heikki-Erdem Rauramo
IPO Date Jan. 3, 2000
Location Finland
Headquarters CD Building
Employees 5,594
Sector Utilities
Industries
Description

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, the Baltic Rim area, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and thermal resources; and provides power portfolio optimization, trading, and industrial intelligence, as well as nuclear services. Its City Solutions develops solutions in the areas of heating, cooling, waste-to-energy, biomass, and other circular economy solutions, as well as solar power production. The company's Consumer Solutions segment engages in electricity and gas retail businesses, including the provision of invoicing and customer services; and electricity and related value-added products, as well as digital services. This segment serves approximately 2.4 million customers. Its Russia segment generates and sells power and heat. The company's Uniper segment engages in the power generation business, as well as energy trading and optimization activities. Fortum Oyj was founded in 1998 and is headquartered in Espoo, Finland.

StockViz Staff

January 15, 2025

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