Vestas Wind Systems A/S

Vestas Wind Systems A/S

9.42
USD
+0.12
(+1.24%)
0.41EPS
22.60P/E
27.96BMarket Cap
Nov 11Next Earn

Total Valuation

USD

As of June 30, 2026, Vestas Wind Systems A/S carries a market capitalization of 27.96B, placing it among publicly traded companies globally. Its enterprise value stands at 27.88B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap27.96B
Enterprise Value27.88B

Important Dates

Vestas Wind Systems A/S's next confirmed earnings release is scheduled for November 11, 2026.

Earnings Date11/11/2026

Share Statistics

As of June 30, 2026, Vestas Wind Systems A/S has 2.96B shares outstanding.

Shares Outstanding2.96B

Valuation Ratios

As of June 30, 2026, Vestas Wind Systems A/S trades at a trailing price-to-earnings ratio of 22.60. The price-to-sales ratio is 1.23, and the price-to-book ratio stands at 6.19.

PE Ratio22.60
PS Ratio1.23
PB Ratio6.19
P/TBV Ratio55.88
P/FCF Ratio22.58
P/OCF Ratio10.99

Enterprise Valuation

As of June 30, 2026, Vestas Wind Systems A/S trades at an EV/EBITDA multiple of 16.09 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.20 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.09 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Vestas Wind Systems A/S trades at an EV/FCF ratio of 22.01, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 27.88B versus a market cap of 27.96B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.20
EV / EBITDA16.09
EV / EBIT16.09
EV / FCF22.01

Financial Position

As of June 30, 2026, Vestas Wind Systems A/S maintains a current ratio of 1.03, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities.

Current Ratio1.03
Quick Ratio0.21
Debt / Equity89.16
Debt / EBITDA2.33

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, Vestas Wind Systems A/S posted a return on equity (ROE) of 31.23, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 16.09 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.22, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 15.88, useful for judging operating efficiency across full business cycles. The company generates approximately 635,253.32 in revenue per employee across its workforce of 36,504.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.63 indicates how many times Vestas Wind Systems A/S sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)31.23
Return on Assets (ROA)4.22
Return on Invested Capital (ROIC)16.09
Return on Capital Employed (ROCE)15.88
Revenue Per Employee635,253.32
Employee Count36,504.75
Inventory Turnover2.63

Taxes

USD

Over the twelve months ended June 30, 2026, Vestas Wind Systems A/S recorded 407.86M in income tax expense. That works out to an effective tax rate of 24.57, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.66B, leaving 1.26B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax407.86M
Effective Tax Rate24.57

Stock Price Statistics

USD

As of the close on October 22, 2026, Vestas Wind Systems A/S's stock has gained approximately 51.69% over the past 52 weeks. The 50-day moving average sits at 10.28, while the 200-day moving average is 9.47.

52-Week Price Change51.69%
50-Day Moving Average10.28
200-Day Moving Average9.47

Income Statement

USD

Over the twelve months ended June 30, 2026, Vestas Wind Systems A/S generated 23.19B in revenue and converted that into 1.26B in net income, yielding earnings per share of 0.41. EBITDA reached 1.73B, while operating income came in at 1.79B.

Revenue23.19B
Gross Profit3.42B
Operating Income1.79B
Pretax Income1.66B
Net Income1.26B
EBITDA1.73B
EBIT1.73B
Earnings Per Share (EPS)0.41

Balance Sheet

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As of June 30, 2026, Vestas Wind Systems A/S holds 4.13B in cash and equivalents against 4.04B in total debt, resulting in a net debt position of -3.94B. Total book value stands at 4.52B, with working capital of 507.25M providing operational flexibility.

Cash & Cash Equivalents4.13B
Total Debt4.04B
Net Debt-3.94B
Equity (Book Value)4.52B
Book Value Per Share1.53
Working Capital507.25M

Cash Flow

USD

Vestas Wind Systems A/S produced 2.59B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -1.32B in capital expenditures, free cash flow totaled 1.27B - equivalent to 0.42 per share.

Operating Cash Flow2.59B
Capital Expenditures-1.32B
Free Cash Flow1.27B
FCF Per Share0.42

Margins

Over the twelve months ended June 30, 2026, Vestas Wind Systems A/S posted a gross margin of 14.75, reflecting its pricing power and cost economics. The operating margin of 7.72 and net profit margin of 5.43 provide insight into operational efficiency.

Gross Margin14.75
Operating Margin7.72
Pretax Margin7.16
Profit Margin5.43
EBITDA Margin7.47

Dividends & Yields

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Over the twelve months ended June 30, 2026, Vestas Wind Systems A/S paid dividends of 0.04 per share. The dividend payout ratio of 9.00 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 4.43, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 3.10, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Vestas Wind Systems A/S shareholders.

Dividend Per Share0.04
Payout Ratio9.00
Shareholder Yield3.10
FCF Yield4.43

Stock Splits

Vestas Wind Systems A/S's most recent stock split took place on May 7, 2021 with a 1:5 split ratio.

Last Split Date5/7/2021
Split Ratio1:5

Scores

As of June 30, 2026, Vestas Wind Systems A/S has an Altman Z-Score of 2.01, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.01