Vestas Wind Systems
kr 189.70Change from previous close: −3.29%Absolute change: −kr 6.45
At a glance
- Revenue growth
- +8.83%
- 2025 vs 2024
- Net income growth
- +55.91%
- 2025 vs 2024
- Net margin
- 4.1%
- 2024: 2.9%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 25,732 | 24,644 | 22,514 | 20,090 | 19,648 |
| Current assets | 16,836 | 16,089 | 14,921 | 13,628 | 12,864 |
| Cash and equivalents | 4,384 | 3,817 | 3,318 | 2,378 | 2,420 |
| Short-term investments | 164 | 160 | 3.0 | — | 116 |
| Receivables | 6,001 | 5,578 | 4,565 | 3,951 | 3,965 |
| Inventory | 5,721 | 6,008 | 6,530 | 6,373 | 5,673 |
| Net property, plant and equipment | 2,792 | 2,353 | 1,911 | 1,752 | 2,091 |
| Goodwill | 1,497 | 1,513 | 1,507 | 1,514 | 1,508 |
| Other intangible assets | 1,939 | 1,872 | 1,696 | 1,551 | 1,554 |
| Long-term investments | 739 | 841 | 790 | 829 | 790 |
| Current liabilities | 16,847 | 15,480 | 14,020 | 13,513 | 12,700 |
| Accounts payable | 4,766 | 4,129 | 3,738 | 4,089 | 4,286 |
| Long-term debt | 1,721 | 2,205 | 2,649 | 1,828 | 331 |
| Total debt | 3,374 | 3,271 | 3,387 | 2,427 | — |
| Total liabilities | 21,851 | 21,102 | 19,472 | 17,030 | 14,951 |
| Total equity (incl. minority) | 3,881 | 3,542 | 3,042 | 3,060 | 4,697 |
| Retained earnings | 4,055 | 3,580 | 3,102 | 3,002 | 4,635 |
| Minority interest | 14.0 | 13.0 | 15.0 | 16.0 | 13.0 |