Fortum Overview
- Year Founded
-
1998

- Status
-
Public
- Employees
-
4,500

- Stock Symbol
-
FORTUM

- 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.comCorporate Office
- Keilalahdentie 2-4
- CD building
- 02150 Espoo
- Finland
Corporate Office
- Keilalahdentie 2-4
- CD building
- 02150 Espoo
- Finland
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 |
Fortum Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Fortum Comparisons
Industry
Financing
Details
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 |
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 |
Fortum Signals
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 |
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

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 |
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 |
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.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »