Vestas Wind Systems Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 10, 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	24,941	26,999	13,739	32,072	29,187	30,726
Market Cap Growth	86.25%	96.52%	-57.16%	9.89%	-5.01%	-35.34%
Enterprise Value	23,564	26,566	14,755	33,990	30,580	30,065
Last Close Price	25.54	26.75	13.51	31.73	28.88	29.80
PE Ratio	27.30	29.56	26.59	376.83	-	201.62
PS Ratio	1.13	1.22	0.77	1.89	1.89	1.73
PB Ratio	5.47	5.93	3.75	9.54	8.93	5.75
P/TBV Ratio	49.29	53.35	92.16	-	-	16.66
P/FCF Ratio	14.50	15.70	7.99	50.82	-	56.29
P/OCF Ratio	9.29	10.06	5.69	28.25	-	28.26
EV/Sales Ratio	1.06	1.20	0.82	2.00	1.98	1.70
EV/EBITDA Ratio	11.39	15.07	12.59	71.85	-	29.80
EV/EBIT Ratio	18.49	21.21	19.29	854.18	-	61.77
EV/FCF Ratio	13.70	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	3.66%	3.38%	3.76%	0.27%	-5.76%	0.50%
FCF Yield	6.90%	6.37%	12.52%	1.97%	-2.07%	1.78%
Dividend Yield	-	0.44%	0.54%	-	-	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	0.62%	1.06%	0.51%	-0.36%	0.18%	-2.35%

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