Ørsted (D2G) Stock Overview

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants. More details

D2G fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Earnings are forecast to grow 42.95% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the German market

D2G Community Fair Values

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Ørsted A/S Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ørsted
Historical stock prices
Current Share Price	DKK 18.30
52 Week High	DKK 47.66
52 Week Low	DKK 14.00
Beta	0.69
1 Month Change	9.48%
3 Month Change	-32.25%
1 Year Change	-60.51%
3 Year Change	-77.73%
5 Year Change	-87.66%
Change since IPO	-45.41%

Recent updates

Shareholder Returns

	D2G	DE Renewable Energy	DE Market
7D	-0.9%	2.9%	0.7%
1Y	-60.5%	20.3%	10.9%

Return vs Industry: D2G underperformed the German Renewable Energy industry which returned 19.4% over the past year.

Return vs Market: D2G underperformed the German Market which returned 10.9% over the past year.

Price Volatility

Is D2G's price volatile compared to industry and market?
D2G volatility
D2G Average Weekly Movement	13.4%
Renewable Energy Industry Average Movement	4.0%
Market Average Movement	5.1%
10% most volatile stocks in DE Market	12.1%
10% least volatile stocks in DE Market	2.6%

Stable Share Price: D2G's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: D2G's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1972	8,126	Rasmus Errboe	www.orsted.com

Ørsted A/S, together with its subsidiaries, owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments. The Offshore segment owns, develops, constructs, and operates offshore wind farms in Europe, the United States, and the Asia Pacific, as well as develops renewable hydrogen in selected core market.

Ørsted A/S Fundamentals Summary

How do Ørsted's earnings and revenue compare to its market cap?
D2G fundamental statistics
Market cap	€24.46b
Earnings (TTM)	-€120.75m
Revenue (TTM)	€9.53b

2.6x

P/S Ratio

-202.6x

P/E Ratio

Is D2G overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
D2G income statement (TTM)
Revenue	DKK 71.19b
Cost of Revenue	DKK 37.41b
Gross Profit	DKK 33.78b
Other Expenses	DKK 34.68b
Earnings	-DKK 902.00m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

Feb 06, 2026

Earnings per share (EPS)	-0.68
Gross Margin	47.45%
Net Profit Margin	-1.27%
Debt/Equity Ratio	110.0%

How did D2G perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/12 06:55
End of Day Share Price	2025/12/12 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ørsted A/S is covered by 41 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Virginia Sanz de Madrid Gross	Banco Santander
Alejandro Conde Fraisoli	Banco Santander

Ørsted (D2G) Stock Overview

Rewards

Risk Analysis

Ørsted A/S Competitors

RWE

EnBW Energie Baden-Württemberg

E.ON

Uniper

Price History & Performance

Recent News & Updates

Ørsted A/S Announces Board Changes

Ørsted A/S to Report First Half, 2026 Results on Aug 13, 2026

Ørsted A/S, Annual General Meeting, Apr 09, 2026

Ørsted A/S has filed a Follow-on Equity Offering in the amount of DKK 59.994386 billion.

Investor sentiment deteriorates as stock falls 16%

High number of new directors

Recent updates

Ørsted A/S Announces Board Changes

Ørsted A/S to Report First Half, 2026 Results on Aug 13, 2026

Ørsted A/S, Annual General Meeting, Apr 09, 2026

Ørsted A/S has filed a Follow-on Equity Offering in the amount of DKK 59.994386 billion.

Investor sentiment deteriorates as stock falls 16%

High number of new directors

Ørsted A/S has filed a Follow-on Equity Offering in the amount of DKK 60 billion.

Ørsted Reportedly Seeks to Sell Large Onshore-Wind Portfolio

Ørsted A/S Appoints Amanda Dasch as Chief Development Officer and Godson Njoku as Chief Generation Officer, Effective from 1 May 2025

Ørsted A/S Announces Dieter Wemmer and Peter Korsholm Not Seeking Re-Election to the Board of Directors

Ørsted A/S Announces CEO Changes

Ørsted A/S Announces Executive Changes, Effective 1 February 2025

Less than half of directors are independent

Energy Capital Partners, LLC agreed to acquire 50% stake in Eleven Mile Solar Center, Llc,Mockingbird Solar Center, LLC and Sparta Solar, LLC from Ørsted A/S (CPSE:ORSTED) in a transaction valued at $570 million.

Ørsted A/S, Annual General Meeting, Apr 03, 2025

Ørsted A/S to Report Fiscal Year 2024 Final Results on Feb 06, 2025

Third quarter 2024 earnings released: EPS: kr.12.00 (vs kr.53.80 loss in 3Q 2023)

Less than half of directors are independent

Ørsted A/S Announces Board Changes

Second quarter 2024 earnings released: kr.4.10 loss per share (vs kr.1.40 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: kr.5.70 (vs kr.4.60 in 1Q 2023)

U.S. Department of Energy Selects Ørsted to Receive Industrial Decarbonization Funding

Ørsted A/S Appoints Rasmus Errboe as Deputy CEO and Chief Commercial Officer

Less than half of directors are independent

Ørsted A/S Approves No Dividend Payment for the Financial Year 2023

Ørsted A/S Announces CFO Changes

Ørsted A/S Announces Board Resignations

Ørsted A/S Announces Board Appointments

Full year 2023 earnings released: kr.50.10 loss per share (vs kr.34.62 profit in FY 2022)

Now 20% undervalued

Ørsted A/S, Annual General Meeting, Mar 05, 2024

Ørsted A/S to Report First Half, 2024 Results on Aug 15, 2024

Ørsted Secures 1.6 Gw Electricity Business License for Offshore Wind Project Off the Coast of Incheon, Korea

Ørsted A/S Announces Change of CFO

New major risk - Financial position

Now 39% undervalued after recent price drop

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Greencoat Capital LLP completed the acquisition of 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED).

Second quarter 2023 earnings released: kr.1.40 loss per share (vs kr.0.31 profit in 2Q 2022)

Greencoat UK Wind PLC (LSE:UKW), managed by Greencoat Capital LLP agreed to acquire a 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED) for approximately £720 million.

Member of Executive Board recently bought €200k worth of stock

First quarter 2023 earnings released: EPS: kr.4.60 (vs kr.13.22 in 1Q 2022)

Upcoming dividend of kr.13.50 per share at 2.2% yield

Full year 2022 earnings released: EPS: kr.34.60 (vs kr.24.33 in FY 2021)

Ørsted A/S Recommends Dividend for the Year 2022

Second quarter 2022 earnings released: EPS: kr.0.30 (vs kr.12.90 in 2Q 2021)

First quarter 2022 earnings released: EPS: kr.13.20 (vs kr.2.80 in 1Q 2021)

Upcoming dividend of kr.12.50 per share

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings released: EPS kr.1.10 (vs kr.26.86 in 3Q 2020)

Second quarter 2021 earnings released: EPS kr.11.31 (vs kr.5.16 loss in 2Q 2020)

Executive VP & CEO Onshore Declan Flanagan has left the company

Ørsted Plans Carbon Capture At Avedøre Power Station as Part of the Green Fuels for Denmark Project

Ørsted A/S (CPSE:ORSTED) completed the acquisition of Onshore wind business of Brookfield Renewable in Ireland and UK from Brookfield Renewable Ireland Limited.

Government Pension Fund Global, managed by Norges Bank Investment Management completed the acquisition of 50% stake in 752 MW Borssele 1 & 2 Offshore Wind Farm from Ørsted A/S.

Ørsted Completes Permian Energy Center

First quarter 2021 earnings released: EPS kr.2.80 (vs kr.12.87 in 1Q 2020)

Ørsted A/S Provides Earnings Guidance for the Full Year 2021

Shareholder Returns

Price Volatility

About the Company