Vestas Wind Systems Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 12, 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
Market Capitalization	18,002	20,060	10,974	25,179	24,224	22,692
Market Cap Growth	63.61%	82.80%	-56.42%	3.94%	6.75%	-34.81%
Enterprise Value	16,992	19,738	11,786	26,685	25,380	22,204
Last Close Price	18.29	20.25	10.89	24.90	24.21	22.41
PE Ratio	26.52	29.56	26.59	376.83	-	201.62
PS Ratio	1.10	1.22	0.77	1.89	1.89	1.73
PB Ratio	5.32	5.93	3.75	9.54	8.93	5.75
P/TBV Ratio	47.88	53.35	92.16	-	-	16.66
P/FCF Ratio	14.09	15.70	7.99	50.82	-	56.29
P/OCF Ratio	9.03	10.06	5.69	28.25	-	28.26
EV/Sales Ratio	1.04	1.20	0.82	2.00	1.98	1.70
EV/EBITDA Ratio	11.20	15.07	12.59	71.85	-	29.80
EV/EBIT Ratio	18.17	21.21	19.29	854.18	-	61.77
EV/FCF Ratio	13.30	15.44	8.57	53.85	-	55.08
Debt / Equity Ratio	0.87	0.87	0.92	1.11	0.79	0.31
Debt / EBITDA Ratio	1.94	1.94	2.48	5.75	-	1.39
Debt / FCF Ratio	2.30	2.30	1.97	5.93	-	2.99
Net Debt / Equity Ratio	-0.30	-0.30	-0.20	0.02	0.02	-0.23
Net Debt / EBITDA Ratio	-0.78	-0.78	-0.62	0.15	-0.09	-1.24
Net Debt / FCF Ratio	-0.80	-0.80	-0.42	0.12	-0.09	-2.29
Asset Turnover	0.75	0.75	0.73	0.72	0.73	0.83
Inventory Turnover	2.78	2.78	2.43	2.19	2.37	2.56
Quick Ratio	0.63	0.63	0.62	0.56	0.47	0.51
Current Ratio	1.00	1.00	1.04	1.06	1.01	1.01
Return on Equity (ROE)	21.02%	21.02%	15.01%	2.56%	-40.53%	3.04%
Return on Assets (ROA)	2.65%	2.65%	1.96%	0.11%	-3.03%	1.42%
Return on Invested Capital (ROIC)	27.60%	28.90%	17.42%	0.89%	-28.69%	8.43%
Return on Capital Employed (ROCE)	12.00%	12.00%	8.10%	0.40%	-14.60%	6.20%
Earnings Yield	3.77%	3.38%	3.76%	0.27%	-5.76%	0.50%
FCF Yield	7.10%	6.37%	12.52%	1.97%	-2.07%	1.78%
Dividend Yield	0.04%	0.43%	0.53%	-	-	0.19%
Payout Ratio	9.51%	9.51%	-	-	-	170.15%
Buyback Yield / Dilution	0.62%	0.62%	-0.03%	-0.36%	0.18%	-2.54%
Total Shareholder Return	0.66%	1.05%	0.50%	-0.36%	0.18%	-2.36%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.