Vestas Wind Systems A/S (CPH:VWS)
174.55
-1.80 (-1.02%)
Jul 31, 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 | Mar '26 Mar 31, 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 | 19,320 | 18,822 | 17,295 | 15,382 | 14,486 | 15,587 |
Revenue Growth | 6.85% | 8.83% | 12.44% | 6.19% | -7.06% | 5.18% |
Gross Profit Gross Profit Growth | 2,609 | 2,497 | 2,057 | 1,283 | 118 | 1,556 |
Operating Income Operating Income Growth | 1,087 | 1,015 | 794 | 292 | -1,596 | 289 |
Net Income Net Income Growth | 855 | 778 | 499 | 77 | -1,572 | 134 |
Earnings Per Share EPS Growth | 0.84 | 0.77 | 0.49 | 0.08 | -1.56 | 0.17 |
EPS Growth | 50.00% | 57.14% | 512.50% | - | - | -78.20% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 15,635 | 15,052 | 13,598 | 11,814 | 11,331 | 13,103 |
Service Service Growth | 3,685 | 3,770 | 3,697 | 3,568 | 3,155 | 2,484 |
Revenue (Total) Revenue (Total) Growth | 19,320 | 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 | Mar '26 Mar 31, 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 | 4,379 | 4,548 | 3,977 | 3,321 | 2,378 | 2,536 |
Total Debt Total Debt Growth | 3,944 | 3,374 | 3,271 | 3,387 | 2,427 | 1,436 |
Net Cash (Debt) Net Cash Growth | 435 | 1,174 | 706 | -66 | -49 | 1,100 |
Net Cash Growth | 65.40% | 66.29% | - | - | - | -39.56% |
Net Cash Per Share Net Cash Per Share Growth | 0.43 | 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 | Mar '26 Mar 31, 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 | 1,969 | 2,286 | 2,332 | 1,027 | -195 | 956 |
Capital Expenditures CapEx Growth | -760 | -821 | -670 | -456 | -371 | -476 |
Free Cash Flow Free Cash Flow Growth | 1,209 | 1,465 | 1,662 | 571 | -566 | 480 |
Free Cash Flow Growth | -48.99% | -11.85% | 191.07% | - | - | 31.87% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 13.50% | 13.27% | 11.89% | 8.34% | 0.81% | 9.98% |
Operating Margin | 5.63% | 5.39% | 4.59% | 1.90% | -11.02% | 1.85% |
Pretax Margin | 5.82% | 5.52% | 4.08% | 0.66% | -11.71% | 1.44% |
Profit Margin | 4.37% | 4.14% | 2.86% | 0.51% | -10.85% | 0.92% |
FCF Margin | 6.26% | 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 1, 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 | 0.43% | 0.32% | 0.00% | 0.00% | 0.18% | 0.84% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 1, 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 | 28.16 | 30.15 | 26.84 | 358.74 | - | 158.17 |
Forward PE | 19.18 | 23.85 | 13.37 | 59.50 | 88.39 | 35.48 |
P/FCF Ratio | 18.98 | 15.70 | 7.96 | 50.59 | - | 56.31 |
PS Ratio | 1.19 | 1.22 | 0.76 | 1.88 | 1.88 | 1.73 |