Fortum Overview
- Year Founded
-
1998
- Status
-
Public
- Employees
-
5,679
- Stock Symbol
-
FORTUM
- Investments
-
76
- Share Price
-
$15.63
- (As of Friday Closing)
Fortum General Information
Description
Fortum Oyj is a Finnish energy company that operates power plants, which 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 Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $15.63 | $15.54 | $10.73 - $16.50 | $13.9B | 897M | 1.27M | $1.55 |
Fortum Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 14,262,887 | 14,499,558 | 24,128,119 | 36,264,237 |
| Revenue | 6,867,974 | 7,261,808 | 8,173,608 | 7,592,722 |
| EBITDA | 2,090,253 | 2,211,762 | 2,275,236 | 6,010,806 |
| Net Income | 1,391,338 | (2,238,814) | (2,540,190) | 873,719 |
| Total Assets | 19,075,591 | 20,714,088 | 25,353,623 | 169,449,288 |
| Total Debt | 5,771,127 | 6,534,019 | 8,348,615 | 19,496,841 |
Fortum Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Fortum Comparisons
Industry
Financing
Details
000000
00 000
Fortum Competitors (8)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Siemens (Pakistan)Engineering | Corporation | Karachi, Pakistan | 000 | 000 | ||
| GE Aerospace | Corporation | Cincinnati, OH | 000000 | 00.00 | 00000000000 | 00.00 |
| EnBW Energie Baden-Württemberg | Private Debt Financed | Karlsruhe, Germany | 00000 | 00.000 | 0000 | 00.000 |
| Schneider Electric Infrastructure | Corporation | Vadodara, India | 0000 | 00000000 | ||
| Alstom | Corporation | Paris, France | 00000 | 00000 | 00000000000 | 00000 |
Fortum Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Fortum Patents
Fortum Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4299773-A1 | Method for processing manganese containing material | Pending | 30-Jun-2022 | 000000000 | 00 |
| EP-4245869-A1 | Method for processing black mass to battery chemicals | Pending | 17-Mar-2022 | 00000000 | 0 |
| EP-4245729-A1 | A method for purifying sulphate containing wastewater and recovering sulphur and hydrogen | Inactive | 14-Mar-2022 | 0000000000 | 0 |
| EP-4341220-A1 | A method for purifying sulphate containing wastewater and recovering sulphur and hydrogen | Pending | 14-Mar-2022 | 0000000000 | |
| EP-3995597-A1 | Process for recovering and purifying lithium | Pending | 10-Nov-2020 | C22B26/12 | 0 |
Fortum Executive Team (49)
| Name | Title | Board Seat |
|---|---|---|
| Markus Rauramo | Chief Executive Officer & President | |
| Sanjay Aggarwal | President, Fortum India | |
| Tiina Tuomela | Chief Financial Officer, Finance | |
| Deepak Paliwal | General Manager of Network Growth & Corporate Development, Fortum Charge and Drive | |
| Matti Kaarnakari | Managing Director |
Fortum Board Members (15)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000000 00000000 | Self | Board Member | 000 0000 |
| 0000 000000 | Self | Board Member | 000 0000 |
| 00000 0000000000 | Self | Board Member | 000 0000 |
| 00000 0000000 | Self | Board Member | 000 0000 |
| 000000 0000000 | Self | Board Member | 000 0000 |
Fortum Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Fortum Investments & Acquisitions (76)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Telge Energi | 31-Aug-2023 | 0000000000 | 000.00 | Energy Traders and Brokers | 000000 00 |
| GRK (Slag Processing Business) | 03-Aug-2023 | 0000000000 | Other Commercial Services | ||
| Exeger | 23-Feb-2023 | 00 0000000 | 000.00 | Alternative Energy Equipment | |
| Generator Service Sweden | 01-Sep-2022 | 0000000000 | Electrical Equipment | 0000 0000 | |
| South Clyde Energy Centre | 21-Jul-2022 | Joint Venture | Energy Production | 00000 000 |
Fortum Subsidiaries (24)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Hiven | Business/Productivity Software | Helsinki, Finland | 2021 |
| Fortum Enext Ireland | Construction and Engineering | Shannon, Ireland | 0000 |
| Barry Energy | Electric Utilities | Copenhagen, Denmark | 0000 |
| Generator Service Sweden | Electrical Equipment | Vasteras, Sweden | 0000 |
| Yustek Holding | Holding Companies | Breda, Netherlands | 0000 |
Fortum ESG
Risk Overview
Risk Rating
Updated July, 04, 2024
21.78 | 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
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
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
00 of 16,009
Rank
Percentile
Utilities
Industry
00 of 677
Rank
Percentile
Multi-Utilities
Subindustry
00 of 105
Rank
Percentile
Fortum Exits (29)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Uniper (Energy Production) | 17-Aug-2020 | 000000000 00 | Completed |
|
|
| Gren (Energy Services) | 10-Jun-2020 | 000000000 00 | Completed |
|
|
| Uniper (Energy Production) | 08-May-2020 | 000000000000 | 00.000 | Completed |
|
| Uniper (Energy Production) | 26-Jun-2018 | 000000000 00 | 000.00 | Completed |
|
| PlugSurfing | 06-Mar-2018 | Merger/Acquisition | Completed |
Fortum FAQs
-
When was Fortum founded?
Fortum was founded in 1998.
-
Who is the CEO of Fortum?
Markus Rauramo is the CEO of Fortum.
-
Where is Fortum headquartered?
Fortum is headquartered in Espoo, Finland.
-
What is the size of Fortum?
Fortum has 5,679 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 13-Sep-2024 the stock price of Fortum is $15.63.
-
What is the current market cap of Fortum?
The current market capitalization of Fortum is $13.9B.
-
What is Fortum’s current revenue?
The trailing twelve month revenue for Fortum is $6.87B.
-
Who are Fortum’s competitors?
Siemens (Pakistan)Engineering, GE Aerospace, EnBW Energie Baden-Württemberg, Schneider Electric Infrastructure, and Alstom are some of the 8 competitors of Fortum.
-
What is Fortum’s annual earnings per share (EPS)?
Fortum’s EPS for 12 months was $1.55.
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