Fortum Oyj/€FORTUM
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Fortum Oyj
Fortum Oyj is an energy company headquartered in Espoo, Finland. It primarily focuses on the generation, distribution, and sale of electricity and heat, with a significant presence in the Nordic and Baltic countries, Poland, and Russia. The company operates through segments such as Generation, City Solutions, Consumer Solutions, and Russia, providing a diverse range of energy products and services including hydroelectric, nuclear, and renewable energy solutions. Founded in 1998 through the merger of two major Finnish energy companies, Fortum has leveraged its expertise in clean energy and energy efficiency. The company is strategically positioned to benefit from the global shift towards sustainable energy practices.
- Ticker
- €FORTUM
- Sector
- Utilities
- Primary listing
- XHEL
- Employees
- 4,654
- Headquarters
- Espoo, Finland
- Website
- www.fortum.com
Fortum Oyj Metrics
BasicAdvanced
€21B
25.65
€0.90
0.05
€0.74
3.21%
Price and volume
Market cap
€21B
Beta
0.05
52-week high
€24.99
52-week low
€17.00
Average daily volume
1.1M
Dividend rate
€0.74
Financial strength
Current ratio
2.063
Quick ratio
1.521
Long term debt to equity
0.461
Total debt to equity
0.526
Dividend payout ratio (TTM)
26.72%
Interest coverage (TTM)
7.65%
Profitability
EBITDA (TTM)
1,285
Gross margin (TTM)
38.41%
Net profit margin (TTM)
14.21%
Operating margin (TTM)
17.26%
Effective tax rate (TTM)
19.18%
Revenue per employee (TTM)
€1,220,000
Management effectiveness
Return on assets (TTM)
3.86%
Return on equity (TTM)
9.97%
Valuation
Price to earnings (TTM)
25.654
Price to revenue (TTM)
3.645
Price to book
2.62
Price to tangible book (TTM)
2.82
Price to free cash flow (TTM)
57.278
Free cash flow yield (TTM)
1.75%
Free cash flow per share (TTM)
0.402
Dividend yield (TTM)
3.21%
Forward dividend yield
3.21%
Growth
Revenue change (TTM)
13.92%
Earnings per share change (TTM)
-6.71%
3-year revenue growth (CAGR)
-7.89%
10-year revenue growth (CAGR)
5.01%
3-year earnings per share growth (CAGR)
-36.11%
10-year earnings per share growth (CAGR)
8.11%
3-year dividend per share growth (CAGR)
-6.66%
10-year dividend per share growth (CAGR)
-3.89%
What the Analysts think about Fortum Oyj
Analyst ratings (Buy, Hold, Sell) for Fortum Oyj stock.
Analyst projections of the future price of Fortum Oyj stock.
Bulls say / Bears say
First-quarter comparable operating profit rose to €521 million from €462 million, helped by higher power prices and generation volumes. This shows Fortum can benefit when Nordic market conditions and output are favourable. (Fortum)
A 22-year agreement with Google will cover up to half of Loviisa’s output from 2030 and support the plant’s lifetime extension. Fortum expects the contract to lift group comparable return on net assets by about 1.4 percentage points once at full scale. (Fortum)
The proposed Elmera deal could expand Fortum’s Nordic retail customer business and create cost efficiencies and operational synergies. It remains conditional on regulatory approvals, so the benefits are not yet assured. (Fortum)
Second-quarter comparable operating profit fell to €106 million from €115 million, as a lower achieved power price and higher fixed costs outweighed rising Nordic spot prices. Outages and weak spring floods also reduced Fortum’s ability to capture the market upside. (Fortum)
Fortum cut its 2026 nuclear generation forecast to 23.0–23.5 TWh, citing announced outages. Lower output could constrain generation earnings and highlights the impact of plant availability on results. (Fortum)
Fitch expects Fortum’s funds-from-operations net leverage to average 2.3 times in 2026–27, at its negative rating sensitivity, with the Elmera acquisition reducing headroom further. It also forecasts negative free cash flow as investment and dividends weigh on cash generation. (MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Fortum Oyj Financial Performance
Revenues and expenses
Fortum Oyj Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Fortum Oyj
AllEURUSDGBP
Fund name | Fund size | €FORTUM weighting |
|---|---|---|
iShares STOXX Europe 600 Utilities€EXH9 | €800M | 1.59% |
iShares EURO STOXX Mid€DJMC | €595M | 1.25% |
iShares EURO STOXX Mid Cap£DJMC | €595M | 1.25% |
Xtrackers MSCI Nordic£XDN0 | €1.1B | 0.78% |
iShares STOXX Europe Mid 200€EXSD | €610M | 0.61% |
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