Vestas Wind Systems is forecast to grow earnings and revenue by 18.2% and 7.3% per annum respectively. EPS is expected to grow by 19.4% per annum. Return on equity is forecast to be 24.2% in 3 years.
Key information
18.2%
Earnings growth rate
19.36%
EPS growth rate
Electrical earnings growth
18.0%
Revenue growth rate
7.3%
Future return on equity
24.24%
Analyst coverage
Good
Last updated
03 Jul 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
OTCPK:VWSY.F - Analysts future estimates and past financials data (EUR Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
23,877
1,587
1,430
2,735
20
12/31/2027
22,834
1,426
1,251
2,625
22
12/31/2026
21,340
1,107
854
2,176
23
3/31/2026
19,320
855
800
1,969
N/A
12/31/2025
18,822
778
1,008
2,286
N/A
9/30/2025
18,693
937
1,883
3,155
N/A
6/30/2025
18,531
762
1,134
2,404
N/A
3/31/2025
18,082
572
1,851
3,115
N/A
12/31/2024
17,295
499
1,177
2,332
N/A
9/30/2024
15,925
49
1,091
2,149
N/A
6/30/2024
15,101
-49
1,016
2,029
N/A
3/31/2024
15,234
-6
326
1,246
N/A
12/31/2023
15,382
77
137
1,027
N/A
9/30/2023
15,394
-612
-261
578
N/A
6/30/2023
14,954
-788
-807
-5
N/A
3/31/2023
14,830
-792
-1,033
-241
N/A
12/31/2022
14,486
-1,572
-1,014
-195
N/A
9/30/2022
14,254
-1,026
-1,709
-885
N/A
6/30/2022
15,879
-764
-607
242
N/A
3/31/2022
16,110
-563
-91
782
N/A
12/31/2021
15,587
134
120
956
N/A
9/30/2021
15,309
692
69
875
N/A
6/30/2021
14,541
861
318
1,050
N/A
3/31/2021
14,546
772
63
749
N/A
12/31/2020
14,819
765
55
743
N/A
9/30/2020
15,196
485
345
1,051
N/A
6/30/2020
14,072
507
-24
714
N/A
3/31/2020
12,652
604
1
763
N/A
12/31/2019
12,147
704
N/A
823
N/A
9/30/2019
10,866
640
N/A
1,357
N/A
6/30/2019
10,031
513
N/A
941
N/A
3/31/2019
10,170
607
N/A
789
N/A
12/31/2018
10,134
684
N/A
1,021
N/A
9/30/2018
9,884
760
N/A
766
N/A
6/30/2018
9,816
834
N/A
1,151
N/A
3/31/2018
9,762
836
N/A
1,161
N/A
12/31/2017
9,953
894
N/A
1,625
N/A
9/30/2017
10,147
942
N/A
1,875
N/A
6/30/2017
10,307
998
N/A
1,823
N/A
3/31/2017
10,658
1,090
N/A
2,291
N/A
12/31/2016
10,237
965
N/A
2,181
N/A
9/30/2016
9,959
920
N/A
1,344
N/A
6/30/2016
9,176
817
N/A
1,313
N/A
3/31/2016
8,368
664
N/A
1,149
N/A
12/31/2015
8,423
685
N/A
1,472
N/A
9/30/2015
7,861
581
N/A
1,587
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VWSY.F's forecast earnings growth (18.2% per year) is above the savings rate (3.5%).
Earnings vs Market: VWSY.F's earnings (18.2% per year) are forecast to grow slower than the US market (18.4% per year).
High Growth Earnings: VWSY.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: VWSY.F's revenue (7.3% per year) is forecast to grow slower than the US market (12.7% per year).
High Growth Revenue: VWSY.F's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VWSY.F's Return on Equity is forecast to be high in 3 years time (24.2%)
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 21:55
End of Day Share Price
2026/07/06 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
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Industry and Sector Metrics
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Analyst Sources
Vestas Wind Systems A/S is covered by 44 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.