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Vestas Wind Systems A/S

Vestas Wind Systems A/S

VWS.CO
Vestas Wind Systems A/SDK flagNASDAQ Copenhagen
179.40
DKK
-4.60
- -
175.95BMarket Cap
Vestas Wind Systems A/S
VWS.CO
(NASDAQ Copenhagen)

Recent

price

179.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.82
5.77
7.14
6.02
6.31
7.62
9.37
9.41
10.1
12.31
15.12
15.51
14.4
15.28
17.19
18.85
18.47
Revenue per Share
0.15
-0.16
-0.95
-0.08
0.36
0.62
0.88
0.85
0.68
0.71
0.78
0.13
-1.56
0.08
0.5
0.78
0.82
Basic EPS, GAAP
-0.72
0.11
-0.4
0.98
0.77
1
1.55
1.07
0.41
0.05
0.06
0.12
-1.01
0.13
1.17
1.01
0.76
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.11
0.18
0.26
0.25
0.2
0.21
0.23
0.05
- -
- -
0.07
0.07
Dividend per Share
2.71
2.54
1.6
1.52
1.72
2.5
2.86
2.91
3.06
3.4
4.9
4.64
3.01
3.11
3.59
4.09
3.9
Book Value per Share
1.7
1.32
0.6
0.77
1.57
2
2.16
2.09
2
2.17
1.85
1.63
- -
-0.16
0.16
0.45
0.48
Tangible Book Value per Share
1,015
1,011
1,011
1,010
1,095
1,105
1,093
1,057
1,003
987
980
1,005
1,006
1,006
1,006
999
1,046
Basic Weighted Avg Shares
6,920
5,836
7,216
6,084
6,910
8,423
10,237
9,953
10,134
12,147
14,819
15,587
14,486
15,382
17,295
18,822
19,320
Sales/Revenue/Turnover
6.76
-0.65
-0.24
3.39
8.13
10.2
13.88
12.36
9.46
8.27
5.06
2.75
-7.95
0.23
4.27
5.67
6.11
Operating Margin (%)
374
365
996
402
377
305
405
421
458
546
684
982
1,088
789
862
1,059
- -
Depreciation Expense
156
-166
-963
-82
392
685
965
894
684
704
765
134
-1,572
77
499
778
855
Net Income, GAAP
34.45
- -
- -
- -
25.05
25.95
25.02
25
24.95
22.99
17.45
36.16
- -
23.53
29.93
24.93
24.82
Effective Tax Rate (%)
2.25
-2.84
-13.35
-1.35
5.67
8.13
9.43
8.98
6.75
5.8
5.16
0.86
-10.85
0.5
2.89
4.13
4.43
Profit Margin (%)
820
127
662
190
442
1,274
1,418
1,473
1,150
1,095
1,015
164
115
901
609
-11
479
Working Capital
910
914
1,458
604
3
495
496
497
498
661
867
732
2,179
3,224
3,071
2,592
3,159
LT Debt
2,754
2,576
1,622
1,524
2,379
2,899
3,190
3,112
3,104
3,345
4,703
4,697
3,060
3,042
3,542
3,881
3,920
Total Equity
9.12
- -
- -
- -
16.27
19.44
28.84
24.47
19.54
19.45
11.93
4.43
- -
0.45
7.64
11.18
11.81
Return on Invested Capital (%)
6.6
- -
- -
- -
18.07
24.34
28.61
25.16
19.62
19.05
15.18
2.57
- -
4.26
9.54
12.32
11.62
Return on Capital (%)
5.86
-6.25
-46.01
-5.2
22.96
29.51
32.77
28.82
22.26
21.9
18.75
2.83
-40.88
2.5
14.82
20.24
22.51
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
749
782
785
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
998
990
986
Market Capitalization
16,547
23,936
26,542

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
16,756
16,836
17,634
Cash, Cash Equivalents & STI
3,713
4,531
4,364
Accounts Receivable, Net
1,416
1,476
1,501
Inventories
6,328
5,721
6,109
Total Current Liabilities
17,267
16,847
17,155
Payables & Accruals
- -
- -
- -
ST Debt
749
782
785
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.61%
-1.91%
9.57%
Free Cash Flow
-29.75%
-36.53%
-14.36%
Net Income, GAAP
-83.49%
-171.31%
55.91%
Sales/Revenue/Turnover
8.8%
5.12%
8.83%
Total Cash Common Dividend
- -
- -
48%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,681
3,296
5,177
6,141
17,295
2025
3,468
3,745
5,339
6,270
18,822
2026
3,966
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.16
0.13
- -
0.5
2025
- -
0.03
- -
- -
0.78
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.07
- -
- -
0.07
2026
- -
- -
- -
- -
- -
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Business
Vestas Wind Systems A/S designs, manufactures, installs and services onshore and offshore wind turbines and wind power plants worldwide; its core offerings span the EnVentus, 4 MW Platform and 2 MW Platform product lines tailored for diverse site conditions including low-wind and high-wind environments, along with wind project planning, procurement, construction, operations and maintenance services, power plant optimization, supervisory control and data acquisition systems, service contracts, spare parts and hybrid energy solutions. The company operates through Power Solutions and Service segments, targeting utilities, independent power producers and corporate customers across Europe, the Americas, Asia-Pacific and other regions with manufacturing facilities in Denmark, Poland, the United States and beyond. Founded in 1898 and headquartered in Aarhus, Denmark, Vestas employs over 35,000 people and maintains more than 159 GW of turbines under service in 88 countries. Recent developments include the expansion of its onshore blade factory in Poland with a second production line for V-72 MW turbines and over 300 new hires to meet rising European demand, the acquisition of LM Wind Power's blade manufacturing facility in Goleniów, Poland in 2025 to bolster European production capacity, a long-term contract with Cadeler for the Wind Keeper vessel supporting offshore operations starting in 2026 valued at approximately EUR 210 million firm with options exceeding EUR 380 million, multiple new orders such as 660 MW offshore in EMEA and 132 MW across Spain, Costa Rica and South Korea with deliveries through 2027, a milestone of 10 GW shipped offshore capacity via partnership with ZF Wind Power, and an investment by Vestas Ventures in Modvion for wooden tower technology integration.