Ørsted Past Earnings Performance

Past criteria checks 1/6

Ørsted's earnings have been declining at an average annual rate of -40.6%, while the Renewable Energy industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 6.7% per year. Ørsted's return on equity is 6.4%, and it has net margins of 7.1%.

Key information

-40.6%

Earnings growth rate

-40.6%

EPS growth rate

Renewable Energy Industry Growth	12.6%
Revenue growth rate	6.7%
Return on equity	6.4%
Net Margin	7.1%
Next Earnings Update	06 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Ørsted makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BMV:ORSTED N Revenue, expenses and earnings (DKK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	71,487	5,052	15,013
30 Jun 24	73,162	-22,599	14,175
31 Mar 24	72,704	-21,478	14,054
31 Dec 23	79,255	-21,059	13,780
30 Sep 23	75,544	-20,870	13,314
30 Jun 23	94,644	11,075	13,431
31 Mar 23	106,374	11,803	13,155
31 Dec 22	114,417	14,549	12,327
30 Sep 22	127,264	18,185	11,651
30 Jun 22	105,233	9,326	11,010
31 Mar 22	92,491	14,604	10,420
31 Dec 21	77,673	10,222	10,049
30 Sep 21	60,202	7,686	9,479
30 Jun 21	54,454	18,483	9,796
31 Mar 21	50,863	10,888	9,745
31 Dec 20	50,151	15,121	10,057
30 Sep 20	56,771	15,486	10,155
30 Jun 20	62,552	5,041	9,798
31 Mar 20	69,867	8,633	10,003
31 Dec 19	70,398	6,562	10,043
30 Sep 19	76,748	21,861	9,922
30 Jun 19	75,003	20,174	9,888
31 Mar 19	74,585	18,294	9,456
31 Dec 18	75,520	17,816	8,991
30 Sep 18	64,066	10,012	8,249
30 Jun 18	62,915	10,829	7,699
31 Mar 18	61,981	13,788	7,535
31 Dec 17	59,709	12,615	7,438
30 Sep 17	58,395	6,702	7,400
30 Jun 17	59,947	9,233	7,366
31 Mar 17	57,156	6,202	7,067
31 Dec 16	57,393	10,079	7,166
30 Sep 16	54,811	5,590	5,397
30 Jun 16	62,529	5,880	5,747
31 Mar 16	67,420	6,516	6,406
31 Dec 15	66,708	1,109	6,573
30 Sep 15	76,716	-569	9,389
30 Jun 15	67,876	-5,370	9,712
31 Mar 15	65,891	-6,029	10,238
31 Dec 14	71,829	-2,976	10,483
30 Sep 14	70,255	805	10,858
30 Jun 14	71,664	2,106	10,753
31 Mar 14	72,521	2,432	10,607
31 Dec 13	72,199	-2,327	10,446

Quality Earnings: ORSTED N has a high level of non-cash earnings.

Growing Profit Margin: ORSTED N became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ORSTED N's earnings have declined by 40.6% per year over the past 5 years.

Accelerating Growth: ORSTED N has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ORSTED N has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-1.9%).

Ørsted Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

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

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

Full year 2022 earnings released: EPS: kr.34.62 (vs kr.24.33 in FY 2021)

First quarter 2022 earnings released: EPS: kr.13.22 (vs kr.2.80 in 1Q 2021)

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

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

Recent updates

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

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

Equinor ASA (OB:EQNR) acquired 9.80% stake in Ørsted A/S (CPSE:ORSTED).

Equinor ASA (OB:EQNR) acquired 9.80% stake in Ørsted A/S (CPSE:ORSTED).

Ørsted A/S Announces Board Changes

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

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

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

Now 21% undervalued after recent price drop

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

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.

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.

Full year 2022 earnings released: EPS: kr.34.62 (vs kr.24.33 in FY 2021)

Ørsted A/S Recommends Dividend for the Year 2022

Ørsted A/S (CPSE:ORSTED) acquired remaining 55% stake in Liquid Wind AB.

Renewable Power Fund Plus LP managed by Energy Capital Partners, LLC acquired 862 MW Portfolio of Three Onshore Wind Farms and One Solar Farm in the US from Ørsted A/S (CPSE:ORSTED) for $410 million.

Ørsted A/S (CPSE:ORSTED) acquired OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & Co. KG, STWIND International S.A.S and OSTWIND Engineering S.A.S. from Ostwind AG.

Ørsted A/S (CPSE:ORSTED) acquired Ballinrea solar PV project in Ireland from Terra Solar Limited.

Ørsted A/S Appoints Per Mejnert Kristensen as President of Region Asia Pacific

Ørsted Comments On Media Speculations Regarding Acquisition Of Ostwind

Ørsted A/S (CPSE:ORSTED) agreed to acquire 121 MW onshore wind farm in Ford County from funds managed by Ares Management Corporation (NYSE:ARES).

First quarter 2022 earnings released: EPS: kr.13.22 (vs kr.2.80 in 1Q 2021)

Ørsted Appoints Rasmus Keglberg Hærvig as Head of Investor Relations

Ørsted A/S Approves Dividend

Ørsted A/S (CPSE:ORSTED) acquired Scottish Floating Wind Development Project from Simply Blue Group and Subsea 7 S.A. (OB:SUBC).

Upcoming dividend of kr.12.50 per share

Investor sentiment improved over the past week

Orsted Reportedly in Talks with AXA Consortium on UK Offshore Wind Farm Stake

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

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

Ørsted A/S Provides Earnings Guidance for the Year 2022

Ørsted Appoints Daniel Lerup as the Group Chief Financial Officer as of 8 April 2022

Ørsted A/S (CPSE:ORSTED) acquired 302 MW onshore wind farm in Morgan County, Illinois.

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 A/S Completes Onshore Wind Project to Date

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

Aker Carbon Capture, Ørsted and Microsoft Commits to Explore Development of Carbon Capture

Ørsted A/S Announces Executive Changes

Ørsted and PGE Polska Grupa Energetyczna S.A. Forms 50-50 Joint Venture on Baltica 2 and 3

Ørsted Reorganises to Position for Future Growth

Ørsted Announces Management Changes, Effective from 4 February 2021

Ørsted A/S Revises Earnings Guidance for the 2020

Caisse de dépôt et placement du Québec and Cathay Private Equity Co., Ltd. entered into an agreement to acquire a 50% stake in 605 MW Greater Changhua 1 Offshore Wind Farm in Taiwan from Ørsted A/S (CPSE:ORSTED) for TWD 75 billion.

Investor sentiment improved over the past week

Ørsted and Amazon Sign Offshore Wind Corporate Power Purchase Agreement

Glencore Energy UK Ltd completed the acquisition of LNG Business of Ørsted A/S (CPSE:ORSTED).

Ørsted A/S to Report Nine Months, 2021 Results on Nov 03, 2021

North America's Building Trades Unions and Ørsted Sign MOU for U.S. Offshore Wind Workforce Transition

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

Ørsted and Yara Seek to Develop Green Ammonia Project in the Netherlands

Total Gas & Power Limited signed an agreement to acquire B2B-portfolio of natural gas and power customers in the UK from Ørsted A/S (CPSE:ORSTED).

Ørsted Announces Executive Changes

SEAS-NVE A.m.b.A. completed the acquisition of Danish power distribution, residential customer and City Light businesses of Ørsted A/S (CPSE:ORSTED).

First half earnings released

Ørsted A/S (CPSE:ORSTED) agreed to acquire 227MWac Muscle Shoals solar project.