Vestas Wind Systems A/S (ETR:VWSB)
Germany · Delayed Price · Currency is EUR 20.30
+0.21 (1.05%)
Nov 7, 2025, 5:35 PM CET
Vestas Wind Systems Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| 18,693 | 17,295 | 15,382 | 14,486 | 15,587 | 14,819 | Upgrade | |
Revenue Growth (YoY) | 17.38% | 12.44% | 6.19% | -7.06% | 5.18% | 22.00% | Upgrade |
Cost of Revenue | 16,032 | 15,238 | 14,099 | 14,294 | 14,031 | 13,270 | Upgrade |
Gross Profit | 2,661 | 2,057 | 1,283 | 192 | 1,556 | 1,549 | Upgrade |
Selling, General & Admin | 958 | 938 | 876 | 791 | 739 | 523 | Upgrade |
Research & Development | 458 | 380 | 371 | 363 | 389 | 265 | Upgrade |
Operating Expenses | 1,416 | 1,318 | 1,247 | 1,154 | 1,128 | 788 | Upgrade |
Operating Income | 1,245 | 739 | 36 | -962 | 428 | 761 | Upgrade |
Interest Expense | -108 | -194 | -235 | -63 | -52 | -40 | Upgrade |
Interest & Investment Income | 157 | 157 | 205 | 37 | 19 | 16 | Upgrade |
Earnings From Equity Investments | 9 | -1 | 22 | 10 | 36 | 331 | Upgrade |
Currency Exchange Gain (Loss) | -20 | -20 | -99 | -70 | -45 | -40 | Upgrade |
Other Non Operating Income (Expenses) | -29 | -29 | -35 | -14 | -23 | -31 | Upgrade |
EBT Excluding Unusual Items | 1,254 | 652 | -106 | -1,062 | 363 | 997 | Upgrade |
Merger & Restructuring Charges | 53 | 53 | 61 | -444 | -139 | -52 | Upgrade |
Gain (Loss) on Sale of Assets | - | - | 147 | - | - | - | Upgrade |
Asset Writedown | 6 | - | - | -190 | - | -11 | Upgrade |
Other Unusual Items | 1 | - | - | - | - | - | Upgrade |
Pretax Income | 1,314 | 705 | 102 | -1,696 | 224 | 934 | Upgrade |
Income Tax Expense | 373 | 211 | 24 | -124 | 81 | 163 | Upgrade |
Earnings From Continuing Operations | 941 | 494 | 78 | -1,572 | 143 | 771 | Upgrade |
Minority Interest in Earnings | -4 | 5 | -1 | - | -9 | -6 | Upgrade |
Net Income | 937 | 499 | 77 | -1,572 | 134 | 765 | Upgrade |
Net Income to Common | 937 | 499 | 77 | -1,572 | 134 | 765 | Upgrade |
Net Income Growth | 1812.25% | 548.05% | - | - | -82.48% | 8.67% | Upgrade |
Shares Outstanding (Basic) | 1,021 | 1,006 | 1,006 | 1,006 | 1,005 | 980 | Upgrade |
Shares Outstanding (Diluted) | 1,025 | 1,010 | 1,010 | 1,006 | 1,008 | 983 | Upgrade |
Shares Change (YoY) | 4.43% | 0.03% | 0.36% | -0.18% | 2.54% | -0.80% | Upgrade |
EPS (Basic) | 0.92 | 0.50 | 0.08 | -1.56 | 0.13 | 0.78 | Upgrade |
EPS (Diluted) | 0.91 | 0.49 | 0.08 | -1.56 | 0.13 | 0.78 | Upgrade |
EPS Growth | 1714.41% | 540.41% | - | - | -83.33% | 9.86% | Upgrade |
Free Cash Flow | 2,368 | 1,662 | 571 | -566 | 480 | 364 | Upgrade |
Free Cash Flow Per Share | 2.31 | 1.65 | 0.56 | -0.56 | 0.48 | 0.37 | Upgrade |
Dividend Per Share | 0.070 | 0.070 | - | - | 0.050 | 0.230 | Upgrade |
Dividend Growth | - | - | - | - | -78.26% | 8.49% | Upgrade |
Gross Margin | 14.24% | 11.89% | 8.34% | 1.32% | 9.98% | 10.45% | Upgrade |
Operating Margin | 6.66% | 4.27% | 0.23% | -6.64% | 2.75% | 5.13% | Upgrade |
Profit Margin | 5.01% | 2.89% | 0.50% | -10.85% | 0.86% | 5.16% | Upgrade |
Free Cash Flow Margin | 12.67% | 9.61% | 3.71% | -3.91% | 3.08% | 2.46% | Upgrade |
EBITDA | 1,752 | 1,136 | 428 | -556 | 887 | 1,075 | Upgrade |
EBITDA Margin | 9.37% | 6.57% | 2.78% | -3.84% | 5.69% | 7.25% | Upgrade |
D&A For EBITDA | 507 | 397 | 392 | 406 | 459 | 314 | Upgrade |
EBIT | 1,245 | 739 | 36 | -962 | 428 | 761 | Upgrade |
EBIT Margin | 6.66% | 4.27% | 0.23% | -6.64% | 2.75% | 5.13% | Upgrade |
Effective Tax Rate | 28.39% | 29.93% | 23.53% | - | 36.16% | 17.45% | Upgrade |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.