Vestas Wind Systems A/S (CPH:VWS)
208.30
-4.20 (-1.98%)
Aug 21, 2026, 4:59 PM CET
Vestas Wind Systems Financials Overview
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 20,298 | 18,822 | 17,295 | 15,382 | 14,486 | 15,587 |
Revenue Growth | 9.54% | 8.83% | 12.44% | 6.19% | -7.06% | 5.18% |
Gross Profit Gross Profit Growth | 2,993 | 2,497 | 2,057 | 1,283 | 192 | 1,556 |
Operating Income Operating Income Growth | 1,568 | 1,067 | 739 | 36 | -962 | 428 |
Net Income Net Income Growth | 1,103 | 778 | 499 | 77 | -1,572 | 134 |
Earnings Per Share EPS Growth | 1.07 | 0.77 | 0.49 | 0.08 | -1.56 | 0.13 |
EPS Growth | 37.94% | 57.14% | 540.41% | - | - | -83.33% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Power Solutions Power Solutions Growth | 16,665 | 15,052 | 13,598 | 11,814 | 11,331 | 13,103 |
Service Service Growth | 3,633 | 3,770 | 3,697 | 3,568 | 3,155 | 2,484 |
Revenue (Total) Revenue (Total) Growth | 20,298 | 18,822 | 17,295 | 15,382 | 14,486 | 15,587 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 3,627 | 4,548 | 3,977 | 3,321 | 2,378 | 2,536 |
Total Debt Total Debt Growth | 3,535 | 3,374 | 3,271 | 3,387 | 2,427 | 1,436 |
Net Cash (Debt) Net Cash Growth | 92 | 1,174 | 706 | -66 | -49 | 1,100 |
Net Cash Growth | - | 66.29% | - | - | - | -39.56% |
Net Cash Per Share Net Cash Per Share Growth | 0.09 | 1.17 | 0.70 | -0.07 | -0.05 | 1.09 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 2,268 | 2,286 | 2,332 | 1,027 | -195 | 956 |
Capital Expenditures CapEx Growth | -771 | -821 | -670 | -456 | -371 | -476 |
Free Cash Flow Free Cash Flow Growth | 1,497 | 1,465 | 1,662 | 571 | -566 | 480 |
Free Cash Flow Growth | -7.54% | -11.85% | 191.07% | - | - | 31.87% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 14.74% | 13.27% | 11.89% | 8.34% | 1.32% | 9.98% |
Operating Margin | 7.72% | 5.67% | 4.27% | 0.23% | -6.64% | 2.75% |
Pretax Margin | 7.16% | 5.52% | 4.08% | 0.66% | -11.71% | 1.44% |
Profit Margin | 5.43% | 4.13% | 2.89% | 0.50% | -10.85% | 0.86% |
FCF Margin | 7.38% | 7.78% | 9.61% | 3.71% | -3.91% | 3.08% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 21, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.747 | 0.100 | 0.070 | - | - | 0.050 |
Dividend Per Share Growth | 34.55% | 42.86% | - | - | - | -78.26% |
Dividend Yield | 0.35% | 0.43% | 0.54% | - | - | 0.19% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 21, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 26.68 | 29.56 | 26.59 | 376.83 | - | 201.62 |
Forward PE | 19.38 | 23.85 | 13.37 | 59.50 | 88.39 | 35.48 |
P/FCF Ratio | 18.66 | 15.70 | 7.99 | 50.82 | - | 56.29 |
PS Ratio | 1.38 | 1.22 | 0.77 | 1.89 | 1.89 | 1.73 |