Vestas Wind Systems A/S (CPH:VWS)
Denmark flag Denmark · Delayed Price · Currency is DKK
189.25
-3.05 (-1.59%)
Oct 30, 2026, 4:59 PM CET

Vestas Wind Systems Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
20,29818,82217,29515,38214,48615,587
Revenue Growth
9.54%8.83%12.44%6.19%-7.06%5.18%
Gross Profit
2,9932,4972,0571,2831921,556
Operating Income
1,5681,06773936-962428
Net Income
1,10377849977-1,572134
Earnings Per Share
1.070.770.490.08-1.560.13
EPS Growth
37.94%57.14%540.41%---83.33%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Power Solutions
16,66515,05213,59811,81411,33113,103
Service
3,6333,7703,6973,5683,1552,484
Revenue (Total)
20,29818,82217,29515,38214,48615,587

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
3,6274,5483,9773,3212,3782,536
Total Debt
3,5353,3743,2713,3872,4271,436
Net Cash (Debt)
921,174706-66-491,100
Net Cash Growth
-66.29%----39.56%
Net Cash Per Share
0.091.170.70-0.07-0.051.09

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,2682,2862,3321,027-195956
Capital Expenditures
-771-821-670-456-371-476
Free Cash Flow
1,4971,4651,662571-566480
Free Cash Flow Growth
-7.54%-11.85%191.07%--31.87%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.7470.1000.070--0.050
Dividend Per Share Growth
34.55%42.86%----78.26%
Dividend Yield
0.39%0.43%0.53%--0.19%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
23.7629.5626.59376.83-201.62
Forward PE
17.4523.8513.3759.5088.3935.48
P/FCF Ratio
16.5415.707.9950.82-56.29
PS Ratio
1.221.220.771.891.891.73