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Vestas Wind Systems A/S VWS.CO
DK · Nasdaq Copenhagen · XCSE · stock · Industrials · website
Vestas Wind Systems A/S financials (annual, from 10-K)
Bars are annual figures from 2022 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | €18.8B | €17.3B | €15.4B | €14.5B |
| Gross profit | €2.5B | €2.1B | €1.3B | €118.0M |
| R&D expense | €424.0M | €380.0M | €371.0M | €457.0M |
| SG&A expense | €1.0B | €938.0M | €876.0M | €813.0M |
| Operating income | €1.1B | €739.0M | €36.0M | -€1.2B |
| Interest expense | €145.0M | €194.0M | €235.0M | €63.0M |
| Income tax | €259.0M | €211.0M | €24.0M | -€124.0M |
| Net income | €778.0M | €499.0M | €77.0M | -€1.6B |
| EPS (diluted) | €0.77 | €0.49 | €0.08 | €-1.56 |
| Operating cash flow | €2.3B | €2.3B | €1.0B | -€195.0M |
| Free cash flow | €1.0B | €1.2B | €135.0M | -€1.0B |
| Cash & equivalents | €4.4B | €3.8B | €3.3B | €2.4B |
| Inventory | €5.7B | €6.0B | €6.5B | €6.4B |
| Total assets | €25.7B | €24.6B | €22.5B | €20.1B |
| Total liabilities | €21.9B | €21.1B | €19.5B | €17.0B |
| Shareholders' equity | €3.9B | €3.5B | €3.0B | €3.0B |
Growth · year-over-year · Revenue CAGR 9.1%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue growth | +8.8% | +12.4% | +6.2% | — |
| Net income growth | +55.9% | +548.1% | — | — |
| EPS growth | +57.1% | +512.5% | — | — |
| Free cash flow growth | -14.4% | +771.9% | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: company filings via Yahoo Finance · DK · as of 2025-12-31. Figures in EUR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.