Fortum Overview

  • Year Founded
  • 1998

Year Founded

  • Status
  • Public

  • Employees
  • 4,500

Employees

  • Stock Symbol
  • FORTUM

Stock Symbol

  • Investments
  • 81

  • Share Price
  • $18.21
  • (As of Thursday Closing)

Fortum General Information

Description

Fortum Oyj is a Finnish energy company that operates power plants that use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, Consumer Solutions, and Other Operations.

Contact Information

Website
www.fortum.com
Formerly Known As
IVO-Neste Group, Imatran Voima
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Keilalahdentie 2-4
  • CD building
  • 02150 Espoo
  • Finland
+358 010
Primary Industry
Electrical Equipment
Other Industries
Energy Infrastructure
Stock Exchange
HEL
Corporate Office
  • Keilalahdentie 2-4
  • CD building
  • 02150 Espoo
  • Finland
+358 010

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Fortum Stock Performance

As of 17-Jul-2025, Fortum’s stock price is $18.21. Its current market cap is $16.3B with 897M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$18.21 $18.11 $13.32 - $18.82 $16.3B 897M 1.28M $1.26

Fortum Financials Summary

As of 31-Mar-2025, Fortum has a trailing 12-month revenue of $5.82B.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 15,476,191 13,937,578 14,499,558 24,128,119
Revenue 5,824,826 6,276,173 7,261,808 8,173,608
EBITDA 1,715,457 1,955,353 2,281,015 2,275,236
Net Income 1,133,619 1,259,563 (2,238,814) (2,540,190)
Total Assets 19,203,836 18,009,178 20,714,088 25,353,623
Total Debt 5,117,271 5,022,841 6,534,019 8,348,615
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Fortum Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Fortum Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Fortum Oyj is a Finnish energy company that operates power plants that use renewable energy sources (hydro, nuclear, and
Electrical Equipment
Espoo, Finland
4,500 As of 2025

Rueil Malmaison, France
 

Vadodara, India
 
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Fortum Competitors (9)

One of Fortum’s 9 competitors is Schneider Electric (Electrical Equipment), a Formerly VC-backed company based in Rueil Malmaison, France.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Schneider Electric (Electrical Equipment) Formerly VC-backed Rueil Malmaison, France
Schneider Electric Infrastructure Corporation Vadodara, India
Talen Energy Formerly PE-Backed Houston, TX
Invenergy Private Equity-Backed Chicago, IL
Siemens (Pakistan)Engineering Corporation Karachi, Pakistan
You’re viewing 5 of 9 competitors. Get the full list »

Fortum Patents

Fortum Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2023297090-A1 Method for processing manganese containing material Pending 30-Jun-2022
EP-4299773-A1 Method for processing manganese containing material Pending 30-Jun-2022
AU-2023234694-A1 Method for processing black mass to battery chemicals Pending 17-Mar-2022
EP-4245869-A1 Method for processing black mass to battery chemicals Pending 17-Mar-2022
US-20250207220-A1 Method for processing black mass to battery chemicals Pending 17-Mar-2022 C22B26/12
To view Fortum’s complete patent history, request access »

Fortum Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Fortum Investments & Acquisitions (81)

Fortum’s most recent deal was a Merger/Acquisition with Orange Energia for . The deal was made on 24-Apr-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Orange Energia 24-Apr-2025 Merger/Acquisition Energy Production
Enersense International (2.6 GW Of Early-stage Onshore Wind Development Projects In Pori, Finland) 26-Feb-2025 Corporate Asset Purchase Other Energy
Telge Energi 31-Aug-2023 Merger/Acquisition
GRK (Slag Processing Business) 03-Aug-2023 Merger/Acquisition Other Commercial Services
Exeger 23-Feb-2023 PE Growth/Expansion Alternative Energy Equipment
You’re viewing 5 of 81 investments and acquisitions. Get the full list »

Fortum ESG

Risk Overview

Risk Rating

Updated July, 01, 2025

24.02 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,697

Rank

Percentile

Utilities

Industry

of 634

Rank

Percentile

Multi-Utilities

Subindustry

of 103

Rank

Percentile

To view Fortum’s complete esg history, request access »

Fortum Exits (31)

Fortum’s most recent exit was on 17-Aug-2020 from Uniper (Energy Production). The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Uniper (Energy Production) 17-Aug-2020 Completed
Gren (Energy Services) 10-Jun-2020 Completed
Uniper (Energy Production) 08-May-2020 Completed
Uniper (Energy Production) 26-Jun-2018 Completed
PlugSurfing 06-Mar-2018 Merger/Acquisition Completed
You’re viewing 5 of 31 exits. Get the full list »

Fortum Affiliates

Subsidiaries (26)

Name Industry Location Year Founded
Nya Bullerforsen Kraft Solna, Sweden 2022
Hiven Helsinki, Finland 2021
Tgs Sweden Vasteraas, Sweden 2020
Fortum Enext Ireland Shannon, Ireland 2020
Barry Energy Copenhagen, Denmark 2017
You’re viewing 5 of 26 affiliates. Get the full list.  »

Fortum FAQs

  • When was Fortum founded?

    Fortum was founded in 1998.

  • Where is Fortum headquartered?

    Fortum is headquartered in Espoo, Finland.

  • What is the size of Fortum?

    Fortum has 4,500 total employees.

  • What industry is Fortum in?

    Fortum’s primary industry is Electrical Equipment.

  • Is Fortum a private or public company?

    Fortum is a Public company.

  • What is Fortum’s stock symbol?

    The ticker symbol for Fortum is FORTUM.

  • What is the current stock price of Fortum?

    As of 17-Jul-2025 the stock price of Fortum is $18.21.

  • What is the current market cap of Fortum?

    The current market capitalization of Fortum is $16.3B.

  • What is Fortum’s current revenue?

    The trailing twelve month revenue for Fortum is $5.82B.

  • Who are Fortum’s competitors?

    Schneider Electric (Electrical Equipment), Schneider Electric Infrastructure, Talen Energy, Invenergy, and Siemens (Pakistan)Engineering are some of the 9 competitors of Fortum.

  • What is Fortum’s annual earnings per share (EPS)?

    Fortum’s EPS for 12 months was $1.26.

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