Vestas Wind Systems (VWSN) Ratios
Vestas Wind Systems Ratios
MX:VWSN's free cash flow for Q2 2026 was $232.86M. For the 2026 fiscal year, MX:VWSN's free cash flow was decreased by $-197.96M and operating cash flow was $430.82M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.00 | 1.04 | 1.06 | 1.01 | 1.01 |
| Quick Ratio | 0.66 | 0.65 | 0.60 | 0.54 | 0.57 |
| Cash Ratio | 0.26 | 0.25 | 0.24 | 0.17 | 0.19 |
| Solvency Ratio | 0.08 | 0.06 | 0.04 | -0.03 | 0.07 |
| Operating Cash Flow Ratio | 0.14 | 0.15 | 0.07 | -0.01 | 0.08 |
| Short-Term Operating Cash Flow Coverage | 2.95 | 11.67 | 114.11 | -0.79 | 0.00 |
| Net Current Asset Value | $ -5.01B | $ -5.01B | $ -4.55B | $ -3.40B | $ -2.09B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.13 | 0.13 | 0.15 | 0.12 | 0.07 |
| Debt-to-Equity Ratio | 0.87 | 0.93 | 1.12 | 0.80 | 0.30 |
| Debt-to-Capital Ratio | 0.47 | 0.48 | 0.53 | 0.44 | 0.23 |
| Long-Term Debt-to-Capital Ratio | 0.40 | 0.47 | 0.47 | 0.42 | 0.00 |
| Financial Leverage Ratio | 6.65 | 6.98 | 7.44 | 6.60 | 4.15 |
| Debt Service Coverage Ratio | 2.14 | 3.94 | 4.52 | -1.35 | 22.63 |
| Interest Coverage Ratio | 7.36 | 4.09 | 1.24 | -19.75 | 6.19 |
| Debt to Market Cap | 0.15 | 0.25 | 0.09 | 0.09 | 0.00 |
| Interest Debt Per Share | 3.52 | 3.44 | 3.60 | 2.54 | 1.48 |
| Net Debt to EBITDA | -0.44 | -0.31 | 0.06 | -0.14 | -0.76 |
| Profitability Margins | |||||
| Gross Profit Margin | 13.27% | 11.89% | 8.34% | 0.81% | 10.01% |
| EBIT Margin | 6.29% | 5.20% | 2.19% | -11.27% | 1.77% |
| EBITDA Margin | 11.92% | 10.19% | 7.32% | -3.76% | 8.07% |
| Operating Profit Margin | 5.67% | 4.59% | 1.90% | -8.59% | 2.07% |
| Pretax Profit Margin | 5.52% | 4.08% | 0.66% | -11.71% | 1.65% |
| Net Profit Margin | 4.13% | 2.89% | 0.50% | -10.85% | 0.86% |
| Continuous Operations Profit Margin | 4.14% | 2.86% | 0.51% | -10.85% | 0.92% |
| Net Income Per EBT | 74.88% | 70.78% | 75.49% | 92.69% | 52.14% |
| EBT Per EBIT | 97.38% | 88.79% | 34.93% | 136.33% | 79.81% |
| Return on Assets (ROA) | 3.02% | 2.03% | 0.34% | -7.82% | 0.68% |
| Return on Equity (ROE) | 20.12% | 14.15% | 2.54% | -51.64% | 2.82% |
| Return on Capital Employed (ROCE) | 12.01% | 8.67% | 3.44% | -18.91% | 4.59% |
| Return on Invested Capital (ROIC) | 8.29% | 5.93% | 2.58% | -16.89% | 3.14% |
| Return on Tangible Assets | 3.49% | 2.35% | 0.40% | -9.23% | 0.81% |
| Earnings Yield | 3.36% | 3.77% | 0.27% | -5.91% | 0.50% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.26 | 3.22 | 4.99 | 5.41 | 5.65 |
| Payables Turnover | 3.43 | 3.69 | 3.77 | 3.51 | 3.27 |
| Inventory Turnover | 2.85 | 2.54 | 2.16 | 2.25 | 2.47 |
| Fixed Asset Turnover | 6.74 | 7.36 | 8.05 | 8.27 | 7.45 |
| Asset Turnover | 0.73 | 0.70 | 0.68 | 0.72 | 0.79 |
| Working Capital Turnover Ratio | 61.67 | 22.72 | 30.28 | 103.84 | 26.44 |
| Cash Conversion Cycle | 133.25 | 158.18 | 145.41 | 125.52 | 100.68 |
| Days of Sales Outstanding | 111.89 | 113.20 | 73.13 | 67.50 | 64.58 |
| Days of Inventory Outstanding | 127.91 | 143.80 | 169.05 | 161.90 | 147.62 |
| Days of Payables Outstanding | 106.56 | 98.82 | 96.77 | 103.88 | 111.53 |
| Operating Cycle | 239.81 | 257.00 | 242.18 | 229.40 | 212.20 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.30 | 2.32 | 1.02 | -0.20 | 0.99 |
| Free Cash Flow Per Share | 1.48 | 1.17 | 0.13 | -1.03 | 0.12 |
| Dividend Paid and CapEx Coverage Ratio | 2.58 | 2.02 | 1.15 | -0.22 | 0.90 |
| Capital Expenditure Coverage Ratio | 2.81 | 2.02 | 1.15 | -0.24 | 1.14 |
| Operating Cash Flow Coverage Ratio | 0.68 | 0.71 | 0.30 | -0.08 | 0.69 |
| Operating Cash Flow to Sales Ratio | 0.12 | 0.13 | 0.07 | -0.01 | 0.06 |
| Free Cash Flow Yield | 6.40% | 8.90% | 0.47% | -3.81% | 0.44% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 29.74 | 26.28 | 375.37 | -16.93 | 201.53 |
| Price-to-Sales (P/S) Ratio | 1.23 | 0.76 | 1.88 | 1.84 | 1.73 |
| Price-to-Book (P/B) Ratio | 5.99 | 3.75 | 9.55 | 8.74 | 5.69 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 15.63 | 11.23 | 214.10 | -26.24 | 225.05 |
| Price-to-Operating Cash Flow Ratio | 10.07 | 5.67 | 28.14 | -136.47 | 27.11 |
| Price-to-Earnings Growth (PEG) Ratio | 0.53 | 0.05 | -3.58 | 0.01 | -2.42 |
| Enterprise Value Multiple | 9.88 | 7.19 | 25.73 | -48.97 | 20.71 |
| Enterprise Value | 22.17B | 12.67B | 28.97B | 26.69B | 26.05B |
| EV to EBITDA | 9.88 | 7.19 | 25.73 | -48.97 | 20.71 |
| EV to Sales | 1.18 | 0.73 | 1.88 | 1.84 | 1.67 |
| EV to Free Cash Flow | 14.96 | 10.77 | 214.61 | -26.32 | 217.06 |
| EV to Operating Cash Flow | 9.63 | 5.44 | 28.21 | -136.86 | 26.15 |
| Tangible Book Value Per Share | 0.45 | 0.14 | -0.16 | -0.01 | 1.62 |
| Shareholders’ Equity Per Share | 3.87 | 3.51 | 3.01 | 3.11 | 4.72 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.30 | 0.24 | 0.07 | 0.32 |
| Revenue Per Share | 18.85 | 17.19 | 15.28 | 14.78 | 15.51 |
| Net Income Per Share | 0.78 | 0.50 | 0.08 | -1.60 | 0.13 |
| Tax Burden | 0.75 | 0.71 | 0.75 | 0.93 | 0.52 |
| Interest Burden | 0.88 | 0.78 | 0.30 | 1.04 | 0.93 |
| Research & Development to Revenue | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 |
| SG&A to Revenue | 0.05 | 0.05 | 0.03 | 0.02 | 0.02 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.95 | 4.72 | 13.17 | 0.12 | 5.66 |
Currency in EUR
