Vestas Wind Systems Past Earnings Performance
Past criteria checks 1/6
Vestas Wind Systems's earnings have been declining at an average annual rate of -46.2%, while the Electrical industry saw earnings growing at 15.8% annually. Revenues have been growing at an average rate of 3.8% per year. Vestas Wind Systems's return on equity is 1.5%, and it has net margins of 0.3%.
Key information
-46.2%
Earnings growth rate
-46.4%
EPS growth rate
| Electrical Industry Growth | 12.9% |
| Revenue growth rate | 3.8% |
| Return on equity | 1.5% |
| Net Margin | 0.3% |
| Next Earnings Update | 05 Feb 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Vestas Wind Systems makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 15,925 | 49 | 931 | 373 |
| 30 Jun 24 | 15,101 | -49 | 918 | 371 |
| 31 Mar 24 | 15,234 | -6 | 891 | 364 |
| 31 Dec 23 | 15,382 | 77 | 876 | 371 |
| 30 Sep 23 | 15,394 | -612 | 825 | 317 |
| 30 Jun 23 | 14,954 | -788 | 830 | 305 |
| 31 Mar 23 | 14,830 | -792 | 801 | 306 |
| 31 Dec 22 | 14,486 | -1,572 | 791 | 363 |
| 30 Sep 22 | 14,254 | -1,026 | 789 | 428 |
| 30 Jun 22 | 15,879 | -764 | 781 | 429 |
| 31 Mar 22 | 16,110 | -563 | 767 | 445 |
| 31 Dec 21 | 15,587 | 134 | 739 | 389 |
| 30 Sep 21 | 15,309 | 692 | 670 | 340 |
| 30 Jun 21 | 14,541 | 861 | 608 | 321 |
| 31 Mar 21 | 14,546 | 772 | 556 | 286 |
| 31 Dec 20 | 14,819 | 765 | 523 | 265 |
| 30 Sep 20 | 15,196 | 485 | 533 | 280 |
| 30 Jun 20 | 14,072 | 507 | 524 | 275 |
| 31 Mar 20 | 12,652 | 604 | 504 | 274 |
| 31 Dec 19 | 12,147 | 704 | 489 | 268 |
| 30 Sep 19 | 10,866 | 640 | 489 | 256 |
| 30 Jun 19 | 10,031 | 513 | 471 | 247 |
| 31 Mar 19 | 10,170 | 607 | 461 | 241 |
| 31 Dec 18 | 10,134 | 684 | 442 | 223 |
| 30 Sep 18 | 9,884 | 760 | 445 | 186 |
| 30 Jun 18 | 9,816 | 834 | 461 | 210 |
| 31 Mar 18 | 9,762 | 836 | 481 | 210 |
| 31 Dec 17 | 9,953 | 894 | 498 | 204 |
| 30 Sep 17 | 10,147 | 942 | 481 | 208 |
| 30 Jun 17 | 10,307 | 998 | 463 | 185 |
| 31 Mar 17 | 10,658 | 1,090 | 489 | 204 |
| 31 Dec 16 | 10,237 | 965 | 473 | 216 |
| 30 Sep 16 | 9,959 | 920 | 465 | 245 |
| 30 Jun 16 | 9,176 | 817 | 473 | 236 |
| 31 Mar 16 | 8,368 | 664 | 439 | 218 |
| 31 Dec 15 | 8,423 | 685 | 434 | 208 |
| 30 Sep 15 | 7,861 | 581 | 445 | 189 |
| 30 Jun 15 | 7,554 | 477 | 433 | 199 |
| 31 Mar 15 | 7,146 | 446 | 418 | 200 |
| 31 Dec 14 | 6,910 | 392 | 406 | 209 |
| 30 Sep 14 | 6,798 | 416 | 426 | 245 |
| 30 Jun 14 | 6,427 | 227 | 417 | 245 |
| 31 Mar 14 | 6,271 | 71 | 426 | 237 |
| 31 Dec 13 | 6,084 | -82 | 439 | 246 |
Quality Earnings: VWS N has a large one-off gain of €31.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: VWS N became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VWS N's earnings have declined by 46.2% per year over the past 5 years.
Accelerating Growth: VWS N has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VWS N has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (10.1%).
Return on Equity
High ROE: VWS N's Return on Equity (1.5%) is considered low.