IONQ vs. NOK: IonQ vs. Nokia Stock Comparison
How do IonQ (IONQ) and Nokia (NOK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
IonQ (IONQ) and Nokia (NOK) both fall under the Technology Hardware & Equipment industry group, but IONQ is classified in Technology Hardware, Storage & Peripherals while NOK is classified in Communications Equipment.
Nokia (NOK) has more than two decades of public-market history since July 1, 1994, whereas IonQ (IONQ) listed on January 4, 2021 and has a much shorter record to draw on.
IonQ (IONQ) trades as ordinary local shares, while Nokia (NOK) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | IONQ | NOK |
|---|---|---|
| Name | IonQ, Inc. | Nokia Corporation Sponsored ADR |
| Country/Region | United States | Finland |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Communications Equipment |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Communications Equipment |
| Market Capitalization | 15.16 billion USD | 43.35 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 4, 2021 | July 1, 1994 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IONQ | NOK |
|---|---|---|
| Total Return (1Y) | -40.10% | 19.81% |
| Total Return (3Y, Annualized) | 46.76% | 36.27% |
| Total Return (5Y, Annualized) | 9.52% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
IonQ (IONQ) carries a highly aggressive beta of 3.33, indicating much higher sensitivity to broad-market moves, whereas Nokia (NOK) is closer to market-like at 1.24 — a noticeable difference in market-sensitivity profile.
| Metric | IONQ | NOK |
|---|---|---|
| Volatility (1Y, Annualized) | 94.72% | 62.40% |
| Beta (5Y) | 3.33 | 1.24 |
| Max Drawdown (5Y) | -90.00% | -55.73% |
| Avg. Volume (3M) | 22.02M | 77.91M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IONQ | NOK |
|---|---|---|
| Sharpe Ratio (1Y) | -0.47 | 0.25 |
| Sortino Ratio (1Y) | -0.74 | 0.35 |
Profitability
ROE (TTM)
Both IonQ (IONQ) at 6.90% and Nokia (NOK) at 3.88% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
IONQ
Technology Hardware & Equipment industry group
6.90%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- IONQ
- 6.90%
- Q1
- 1.63%
- Min
- -20.62%
NOK
Technology Hardware & Equipment industry group
3.88%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- NOK
- 3.88%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
IonQ (IONQ) at 67.09% converts revenue to bottom-line profit above its industry’s benchmark range, while Nokia (NOK) at 3.75% keeps roughly the typical share for its industry.
IONQ
Technology Hardware & Equipment industry group
67.09%
- IONQ
- 67.09%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
NOK
Technology Hardware & Equipment industry group
3.75%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- NOK
- 3.75%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Nokia (NOK) reports 10.81%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
-249.14%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
- IONQ
- -249.14%
NOK
Technology Hardware & Equipment industry group
10.81%
- Max
- 36.27%
- Q3
- 18.36%
- NOK
- 10.81%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | IONQ | NOK |
|---|---|---|
| ROE (TTM) | 6.90% | 3.88% |
| ROA (TTM) | -12.60% | 3.49% |
| Net Margin (TTM) | 67.09% | 3.75% |
| Operating Margin (TTM) | -249.14% | 10.81% |
| Gross Margin (TTM) | 24.67% | 45.43% |
Growth
Revenue Growth
IonQ (IONQ) at 201.85% clears its industry range for revenue growth, far stronger top-line momentum than Nokia (NOK) at 3.48%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Nokia (NOK) reports EPS growth of -47.83%, ranked against its industry; IonQ (IONQ) has no EPS growth figure this period.
Growth Metrics
| Metric | IONQ | NOK |
|---|---|---|
| Revenue Growth (YoY) | 201.85% | 3.48% |
| Revenue Growth (3Y CAGR) | 126.89% | -5.76% |
| EPS Growth (YoY) | -- | -47.83% |
| EPS Growth (3Y CAGR) | -- | -45.71% |
Financial Strength
Current Ratio (MRQ)
Nokia (NOK) at 1.46 keeps current ratio within its industry’s typical mid-range, while IonQ (IONQ) at 4.24 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
IONQ
Technology Hardware & Equipment industry group
4.24
- Max
- 5.34
- IONQ
- 4.24
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
NOK
Technology Hardware & Equipment industry group
1.46
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- NOK
- 1.46
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Nokia (NOK) at 0.16 runs a more typical debt-to-equity mix.
IONQ
Technology Hardware & Equipment industry group
0.01
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- IONQ
- 0.01
- Min
- 0.01
NOK
Technology Hardware & Equipment industry group
0.16
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- NOK
- 0.16
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | IONQ | NOK |
|---|---|---|
| Current Ratio (MRQ) | 4.24 | 1.46 |
| Debt / Equity (MRQ) | 0.01 | 0.16 |
| Net Debt / EBITDA | -- | -0.59 |
Dividends
Dividend Yield (TTM)
IonQ (IONQ) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Nokia (NOK) reports a yield of 1.88%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NOK
Technology Hardware & Equipment industry group
1.88%
- NOK
- 1.88%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nokia (NOK) reports payout ratio above 100% at 100.17%, meaning dividends exceeded current-period earnings; IonQ (IONQ) pays no dividend (payout 0.00%).
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NOK
Technology Hardware & Equipment industry group
100.17%
- NOK
- 100.17%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IONQ | NOK |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.88% |
| Dividend Payout Ratio (TTM) | 0.00% | 100.17% |
Valuation
P/E Ratio (TTM)
IonQ (IONQ) at 18.86 sits in the cheaper P/E ratio quartile, while Nokia (NOK) at 47.88 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
IONQ
Technology Hardware & Equipment industry group
18.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- IONQ
- 18.86
- Min
- 6.07
NOK
Technology Hardware & Equipment industry group
47.88
- Max
- 69.48
- NOK
- 47.88
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
Nokia (NOK) at 2.08 prices around its industry’s typical P/S ratio, while IonQ (IONQ) at 39.84 clears its benchmark range — IONQ looks notably rich on sales.
IONQ
Technology Hardware & Equipment industry group
39.84
- IONQ
- 39.84
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
NOK
Technology Hardware & Equipment industry group
2.08
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- NOK
- 2.08
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both IonQ (IONQ) at 2.67 and Nokia (NOK) at 1.82 are valued close to their industries’ norm against book — neither stands out from peers.
IONQ
Technology Hardware & Equipment industry group
2.67
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- IONQ
- 2.67
- Q1
- 1.79
- Min
- 0.33
NOK
Technology Hardware & Equipment industry group
1.82
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- NOK
- 1.82
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | IONQ | NOK |
|---|---|---|
| P/E Ratio (TTM) | 18.86 | 47.88 |
| P/S Ratio (TTM) | 39.84 | 2.08 |
| P/B Ratio (MRQ) | 2.67 | 1.82 |
| Free Cash Flow Yield (TTM) | -2.81% | 2.98% |