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Vestas Wind Systems A/S

VWDRY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
18,852
Cost of Revenue
16,609
Gross Profit
2,242
Gross Margin
11.9%
Operating Income
865
Operating Margin
4.6%
Net Income
544
Net Margin
2.9%
EPS (Basic)
$0.16
EPS (Diluted)
$0.16
EBITDA
1,922
EBITDA Margin
10.2%

2023

12/31/2023

Revenue
16,766
Cost of Revenue
15,368
Gross Profit
1,398
Gross Margin
8.3%
Operating Income
318
Operating Margin
1.9%
Net Income
84
Net Margin
0.5%
EPS (Basic)
$0.03
EPS (Diluted)
$0.03
EBITDA
1,227
EBITDA Margin
7.3%

2022

12/31/2022

Revenue
15,790
Cost of Revenue
15,661
Gross Profit
129
Gross Margin
0.8%
Operating Income
-1,356
Operating Margin
-8.6%
Net Income
-1,713
Net Margin
-10.9%
EPS (Basic)
$-0.53
EPS (Diluted)
$-0.53
EBITDA
-594
EBITDA Margin
-3.8%

2021

12/31/2021

Revenue
16,990
Cost of Revenue
15,289
Gross Profit
1,700
Gross Margin
10.0%
Operating Income
351
Operating Margin
2.1%
Net Income
146
Net Margin
0.9%
EPS (Basic)
$0.04
EPS (Diluted)
$0.04
EBITDA
1,371
EBITDA Margin
8.1%

2020

12/31/2020

Revenue
16,153
Cost of Revenue
14,476
Gross Profit
1,676
Gross Margin
10.4%
Operating Income
1,128
Operating Margin
7.0%
Net Income
834
Net Margin
5.2%
EPS (Basic)
$0.26
EPS (Diluted)
$0.26
EBITDA
1,807
EBITDA Margin
11.2%