profit from every €100 of sales.
€0€100
UPM-Kymmene Oyj
€22.00+0.96% today
-6.9% in 1 year
1-year low €21.771-year high €27.75
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €24.17 for every €1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What UPM-Kymmene Oyj sold, what it kept, and what it did with the cash.
Sales went from €11.7 billion in 2022 to €9.66 billion in 2025, with €480 million of profit last year.
SalesProfit
UPM-Kymmene Oyj handed back 97% of the cash it generated last year.
€792M
Free cash flow 2025€977M
Bought back its own shares€160M
Paid as dividends€792M
Cash vs. debt€715M vs. €3.7B
UPM-Kymmene Oyj vs. similar companies
UPM-Kymmene Oyj grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| UPM-Kymmene Oyj | 24.2× · Fair price | ||
 Suzano | 4.9× · Cheap | ||
 Svenska Cellulosa Aktiebolaget SCA (publ) | 26.1× · Fair price | ||
 Shandong Sunpaper | 11.8× · Cheap | ||
 Holmen | 15.9× · Fair price |
AI analysis
An AI analyst reads UPM-Kymmene Oyj's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 11,720 | 10,460 | 10,339 | 9,656 | |
| 4,291 | 3,070 | 4,004 | 3,451 | |
| 1,966 | 629 | 1,160 | 757 | |
| 2,529 | 1,211 | 1,750 | 1,388 | |
| 1,526 | 388 | 436 | 480 | |
| 2.86 | 0.73 | 0.82 | 0.91 | |
| 36.6% | 29.3% | 38.7% | 35.7% | |
| 16.8% | 6.0% | 11.2% | 7.8% | |
| 13.0% | 3.7% | 4.2% | 5.0% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 22,207 | 18,473 | 19,096 | 17,532 |
| Cash | 2,067 | 632 | 892 | 715 |
| Total debt | 4,874 | 3,256 | 3,814 | 3,679 |
| Total liabilities | 9,329 | 6,942 | 7,556 | 7,198 |
| 12,502 | 11,161 | 11,139 | 10,001 | |
| 533 | 533 | 533 | 529 | |
| 9.2% | 3.1% | 3.3% | 4.6% | |
| 12.2% | 3.5% | 3.9% | 4.8% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 508 | 2,269 | 1,352 | 1,405 | |
| 1,477 | 1,080 | 596 | 428 | |
| -969 | 1,189 | 756 | 977 | |
| Dividends paid | 693 | 799 | 801 | 792 |
| – | – | 0 | 160 | |
| – | – | – | – |
Valuation
- 24.2×
- –
- –
- 1.3×
- 1.2×
- 11.9×
- 10.5×
- 8.4%
- 4.1%
- 6.8%
Profitability
- 35.7%
- 7.8%
- 5.0%
- –
- 4.6%
- 5.1%
- –
- –
- –
- –
Growth
- −6.3%
- −31.7%
- –
- –
- −0.3%
Financial health
- 2.1×
- 0.37
- –
- 7.6×
- 1.88
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 40%of 989
Bottom 41%of 958
Bottom 44%of 774
Bottom 20%of 935
Top 16%of 990
6.8%of the share price, paid each year
On $1,000 invested$68a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
165.0% of its profit
Room to growStretchedMore than it earns: 81.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
49No pass
Benjamin Graham
68Pass
Philip Fisher
33No pass
Peter Lynch
20No pass
Joel Greenblatt
24No pass
Charlie Munger
34No pass
Terry Smith
35No pass
Questions about UPM-Kymmene Oyj
Is UPM-Kymmene Oyj a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the UPM-Kymmene Oyj AI analysis
What does UPM-Kymmene Oyj do?
UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry worldwide. It operates through UPM Fibres, UPM Energy, UPM Adhesive Materials, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. It is in Paper & Paper Products, based in Helsinki, Finland, with 14,801 employees.
Does UPM-Kymmene Oyj pay a dividend?
Yes. At today's price the dividend is 6.8% a year, about 165% of its yearly profit. In 2025 it paid out €792 million in dividends.
Is UPM-Kymmene Oyj stock halal?
Questionable. UPM-Kymmene Oyj sits in a grey zone: its debt is 32% of its market value, between 30% and 33%. How we check
How has UPM-Kymmene Oyj stock done over the past year?
Down 6.9% over the past twelve months, to €22.00. It traded between €21.77 and €27.75 and is 20.7% below its high.
Who are UPM-Kymmene Oyj's competitors?
The largest listed companies in the same industry are Suzano, Svenska Cellulosa Aktiebolaget SCA (publ), Shandong Sunpaper and Holmen. The peers table on this page compares their profit, growth and price with UPM-Kymmene Oyj's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.