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U

UPM-Kymmene Oyj UPM.HE · EUR

Materials · Nasdaq Helsinki · 🇫🇮 Finland

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21.77

-3.07%

Close of 9 Nov 2026, in EUR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€9.66bn

FY2016FY2025

Net income

€480.0m

FY2016FY2025

Free cash flow

€977.0m

FY2016FY2025

Shareholders' equity

€10.00bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€9.66bn€10.34bn€10.46bn€11.72bn€9.81bn€8.58bn€10.24bn€10.48bn€10.01bn€9.81bn
Research and development—€70.0m€66.0m€55.0m€46.0m€41.0m€53.0m€52.0m€51.0m€40.0m
Operating income€757.0m€604.0m€608.0m€1.97bn€1.56bn€761.0m€1.34bn€1.90bn€1.26bn€1.14bn
Net income€480.0m€436.0m€388.0m€1.53bn€1.29bn€560.0m€1.06bn€1.50bn€973.0m€879.0m
Diluted earnings per share0.910.820.732.862.411.051.992.801.821.65

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€17.53bn€19.10bn€18.47bn€22.21bn€17.68bn€14.86bn€14.72bn€14.00bn€13.07bn€13.91bn
Cash and short-term investments€715.0m€893.0m€695.0m€2.07bn€1.56bn€1.72bn€1.54bn€888.0m€716.0m€1.10bn
Total liabilities€7.20bn€7.56bn€6.94bn€9.33bn€6.57bn€5.34bn€4.55bn€4.20bn€4.40bn€5.67bn
Debt€3.68bn€3.81bn€3.08bn€4.43bn€2.62bn€2.03bn€1.30bn€775.0m€1.19bn€2.40bn
Shareholders' equity€10.00bn€11.14bn€11.16bn€12.50bn€10.85bn€9.35bn€10.06bn€9.79bn€8.66bn€8.23bn
Shares outstanding527m533m533m533m533m533m533m533m533m534m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€1.41bn€1.35bn€2.27bn€508.0m€1.25bn€1.00bn€1.85bn€1.39bn€1.56bn€1.69bn
Capital spending−€428.0m−€596.0m−€1.08bn−€1.48bn−€1.52bn−€875.0m−€403.0m−€303.0m−€305.0m−€351.0m
Free cash flow€977.0m€756.0m€1.19bn−€969.0m−€271.0m€130.0m€1.44bn€1.09bn€1.25bn€1.33bn
Dividends paid−€792.0m−€801.0m−€799.0m−€693.0m−€693.0m−€693.0m−€693.0m−€613.0m−€507.0m−€400.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€2.35bn€2.50bn€2.31bn€2.30bn€2.40bn€2.65bn€2.63bn€2.52bn
Operating income€207.0m€255.0m€2.0m€125.0m€107.0m€198.0m−€105.0m€305.0m
Net income€158.0m€194.0m€257.0m€16.0m€70.0m€137.0m−€99.0m€237.0m
Diluted earnings per share0.300.370.490.030.130.26-0.190.44
Cash from operations€136.0m€89.0m€720.0m€217.0m€179.0m€289.0m€570.0m€242.0m
Capital spending−€84.0m−€81.0m−€116.0m−€90.0m−€134.0m−€88.0m−€143.0m−€126.0m
Free cash flow€52.0m€8.0m€604.0m€127.0m€45.0m€201.0m€427.0m€116.0m
Total assets€17.88bn€17.81bn€17.53bn€18.05bn€18.19bn€18.81bn€19.10bn€19.01bn
Cash and short-term investments€504.0m€770.0m€715.0m€577.0m€740.0m€848.0m€893.0m€917.0m
Debt€231.0m€130.0m€3.79bn€3.90bn€4.07bn€3.86bn€3.90bn€3.90bn
Shareholders' equity€9.94bn€10.27bn€10.00bn€10.06bn€10.00bn€10.20bn€11.14bn€10.80bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-6.3%2.4%-0.5%
Operating income-27.3%-0.1%-4.0%
Net income-32.0%-3.0%-6.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin6.8%9.3%10.3%11.7%
Net margin4.6%6.7%7.7%9.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings27.232.546.812.213.929.015.57.914.214.2
Price to sales1.41.41.71.61.81.91.61.11.41.3

Dividends and splits

Per share, in the currency the company pays

Paid for 29 years. Last went ex-dividend on 10 Apr 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.752.321.501.501.301.301.301.30
  • 2-for-1 split · 20 Mar 2003
  • 1-to-1 reverse split · 23 Mar 1999

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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