Nordex SE

Nordex SE

37.02
EUR
-1.00
(-2.63%)
1.57EPS
28.93P/E
11.01BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
16.83
18.74
26.25
31.96
27.73
22.15
28.92
37.77
39.67
30.95
28.47
30.87
31.95
34.56
Basic EPS, GAAP
0.12
0.42
0.56
0.9
- -
-0.76
-0.64
-1.05
-1.68
-2.71
-1.33
0.04
1.16
1.61
Free Cash Flow per Basic Share
0.29
0.9
0.96
0.37
-0.54
0.1
-1.19
-4.19
-0.31
-3.02
0.12
1.12
3.57
3.36
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.98
4.28
4.92
8.47
8.28
6.28
6.1
5.76
6.19
4.14
4.13
4.19
5.4
6.13
Tangible Book Value per Share
2.82
2.99
3.55
0.52
0.71
-0.74
-0.15
0.29
1.95
0.74
1.04
1.02
2.15
2.84
Basic Weighted Avg Shares
85
93
93
106
111
111
114
123
137
184
228
236
236
237
Sales/Revenue/Turnover
1,429
1,735
2,430
3,395
3,078
2,459
3,285
4,651
5,444
5,694
6,489
7,299
7,554
8,179
Operating Margin (%)
3.65
3.76
5.33
5.19
1.99
-1.54
0.35
-8.63
-2.02
-9.23
-2.62
2.66
7.69
10.02
Depreciation Expense
39
46
63
117
160
156
144
156
160
175
188
181
181
185
Net Income, GAAP
10
39
52
95
- -
-84
-73
-130
-230
-498
-303
9
274
380
Effective Tax Rate (%)
43.61
29.52
46.69
32.77
97.37
- -
- -
- -
- -
- -
- -
59.19
27.65
28.32
Profit Margin (%)
0.72
2.25
2.15
2.81
0.01
-3.41
-2.21
-2.79
-4.23
-8.74
-4.67
0.12
3.63
4.65
Working Capital
314
292
261
477
439
243
171
-99
170
-465
-120
-6
394
736
LT Debt
184
- -
44
630
617
563
639
412
450
222
398
421
411
441
Total Equity
368
396
456
940
919
697
745
774
1,062
878
978
997
1,283
1,458
Return on Invested Capital (%)
5.5
9.87
11.66
9.72
0.08
- -
- -
- -
- -
- -
- -
4.14
22.02
38.69
Return on Capital (%)
4.86
11.12
12.16
10.51
0.08
- -
- -
- -
- -
- -
- -
3.67
21
29.38
Return on Common Equity (%)
3.17
10.21
12.28
13.66
0.04
-10.38
-10.06
-17.08
-25.07
-51.3
-32.66
0.9
24.2
31.14

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
78
34
61
LT Borrowings
272
- -
278
LT Finance Leases
139
- -
163
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
236
237
237
Market Capitalization
6,900
10,909
11,005

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,751
4,783
4,942
Cash, Cash Equivalents & STI
1,929
1,919
1,958
Accounts Receivable, Net
197
217
158
Inventories
907
1,077
943
Total Current Liabilities
4,357
4,323
4,207
Payables & Accruals
- -
- -
- -
ST Debt
78
34
61
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.27%
12.41%
28.76%
Free Cash Flow
62.74%
415.67%
217.87%
Net Income, GAAP
-2,248.15%
611.54%
3,006.07%
Sales/Revenue/Turnover
13.7%
10.32%
3.49%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,574
1,860
1,671
2,194
7,299
2025
1,435
1,874
- -
2,539
7,554
2026
1,588
2,179
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
- -
0.02
0.07
0.04
2025
0.03
0.13
- -
0.78
1.16
2026
0.23
0.47
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
José Luis Blanco Dieguez
Full Time Employees
11,113
Sector
Producer manufacturing
Industry
Electrical products
Address
Langenhorner Chaussee 600 Hamburg HA Germany 22419
IPO Date
Apr 2, 2001
Business
Nordex SE Nordex SE manufactures and services onshore wind turbines for power generation worldwide. The Nordex Group, founded in 1985 and headquartered in Hamburg, Germany, with its legal entity registered in Rostock, develops, produces, installs and maintains high-efficiency turbines primarily in the 4 to 7 MW class under the Nordex and Acciona Windpower brands; key models include the Delta4000 series and multi-megawatt platforms such as the N149/4.0-4.5; offerings encompass project management from turbine delivery and installation to turnkey wind farm construction and comprehensive lifecycle services through a global network of approximately 380 service points in over 30 countries; production occurs at facilities in Germany, Spain, Brazil, the United States, India and Mexico, serving utilities, independent power producers and SMEs across Europe, Latin America and other regions. The company merged with Acciona Windpower in 2016 to expand its technological portfolio and global footprint, and in 2024 acquired SSP Technology, a specialist in large rotor blade molds and production technologies, to enhance innovation in larger turbines including offshore applications and improve supply chain flexibility. In 2025, Nordex reports robust growth with order intake reaching 2,170 MW in Q3 and a record order book of EUR 14.3 billion as of mid-year, alongside strong installations totaling around 57 GW cumulatively across more than 40 markets; recent contracts include 77 MW for the Schneifelhöhe wind farm in Germany and 42 MW projects in Spain with SSE, reflecting sustained demand primarily from Europe where 95% of H1 orders originated; financial performance strengthened with Q3 EBITDA margin expansion, positive free cash flow and upgraded full-year guidance driven by operational efficiencies and working capital discipline.

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