Vestas Wind Systems A/S
VWDRYFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
17,295
Cost of Revenue
15,238
Gross Profit
2,057
Gross Margin
11.9%
Operating Income
794
Operating Margin
4.6%
Net Income
499
Net Margin
2.9%
EPS (Basic)
$0.16
EPS (Diluted)
$0.16
EBITDA
1,763
EBITDA Margin
10.2%
2023
12/31/2023
Revenue
15,382
Cost of Revenue
14,099
Gross Profit
1,283
Gross Margin
8.3%
Operating Income
292
Operating Margin
1.9%
Net Income
77
Net Margin
0.5%
EPS (Basic)
$0.03
EPS (Diluted)
$0.03
EBITDA
1,126
EBITDA Margin
7.3%
2022
12/31/2022
Revenue
14,486
Cost of Revenue
14,368
Gross Profit
118
Gross Margin
0.8%
Operating Income
-1,244
Operating Margin
-8.6%
Net Income
-1,572
Net Margin
-10.9%
EPS (Basic)
$-0.53
EPS (Diluted)
$-0.53
EBITDA
-545
EBITDA Margin
-3.8%
2021
12/31/2021
Revenue
15,587
Cost of Revenue
14,027
Gross Profit
1,560
Gross Margin
10.0%
Operating Income
322
Operating Margin
2.1%
Net Income
134
Net Margin
0.9%
EPS (Basic)
$0.04
EPS (Diluted)
$0.04
EBITDA
1,258
EBITDA Margin
8.1%
2020
12/31/2020
Revenue
14,819
Cost of Revenue
13,281
Gross Profit
1,538
Gross Margin
10.4%
Operating Income
1,035
Operating Margin
7.0%
Net Income
765
Net Margin
5.2%
EPS (Basic)
$0.26
EPS (Diluted)
$0.26
EBITDA
1,658
EBITDA Margin
11.2%