Vestas Wind Systems has been growing earnings at an average annual rate of 25.6%, while the Electrical industry saw earnings growing at 16.9% annually. Revenues have been growing at an average rate of 5.2% per year. Vestas Wind Systems's return on equity is 21.6%, and it has net margins of 4.4%.
Key information
25.60%
Earnings growth rate
25.18%
EPS growth rate
Electrical Industry Growth
9.91%
Revenue growth rate
5.24%
Return on equity
21.56%
Net Margin
4.43%
Next Earnings Update
12 Aug 2026
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
OTCPK:VWSY.F Revenue, expenses and earnings (EUR Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
19,320
855
1,013
416
31 Dec 25
18,822
778
1,006
424
30 Sep 25
18,693
937
958
458
30 Jun 25
18,531
762
935
435
31 Mar 25
18,082
572
946
405
31 Dec 24
17,295
499
938
380
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
Quality Earnings: VWSY.F has high quality earnings.
Growing Profit Margin: VWSY.F's current net profit margins (4.4%) are higher than last year (3.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VWSY.F's earnings have grown significantly by 25.6% per year over the past 5 years.
Accelerating Growth: VWSY.F's earnings growth over the past year (49.5%) exceeds its 5-year average (25.6% per year).
Earnings vs Industry: VWSY.F earnings growth over the past year (49.5%) exceeded the Electrical industry 23.6%.
Return on Equity
High ROE: Whilst VWSY.F's Return on Equity (21.56%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/10 16:19
End of Day Share Price
2026/06/10 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.
Analysis Model and Snowflake
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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
Vestas Wind Systems A/S is covered by 45 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.