Vestas Wind Systems AS (CHIX:VWSC) Debt-to-Equity: 1.01 (As of Mar. 2026) — 237% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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CHIX:VWSC Vestas Wind Systems AS CHIX:VWSC
81 GF Score
Price kr174.25
GF Value kr197.82
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vestas Wind Systems AS Debt-to-Equity?

Vestas Wind Systems AS CHIX:VWSC +2.89% 81 Debt-to-Equity is 1.01 as of Mar. 2026, which is 237% above its 10-year median of 0.30. GuruFocus rates CHIX:VWSC with a GF Score™ of 81/100 and a GF Value™ of kr197.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,680 Industrial Products companies, Vestas Wind Systems AS ranks worse than 87.16% on this metric.

Vestas Wind Systems AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr5,867 Mil. Vestas Wind Systems AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr23,611 Mil. Vestas Wind Systems AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr29,277 Mil. Vestas Wind Systems AS's debt to equity for the quarter that ended in Mar. 2026 was 1.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vestas Wind Systems AS's Debt-to-Equity or its related term are showing as below:

CHIX:VWSc' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.3   Max: 1.17
Current: 1.01

During the past 13 years, the highest Debt-to-Equity Ratio of Vestas Wind Systems AS was 1.17. The lowest was 0.15. And the median was 0.30.

CHIX:VWSc's Debt-to-Equity is ranked worse than
87.16% of 2680 companies
in the Industrial Products industry
Industry Median: 0.28 vs CHIX:VWSc: 1.01

Vestas Wind Systems AS  (CHIX:VWSc) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Vestas Wind Systems AS Debt-to-Equity Related Terms


Vestas Wind Systems AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vestas Wind Systems AS Debt-to-Equity Chart

Vestas Wind Systems AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.80 1.12 0.93 0.87

Vestas Wind Systems AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 1.08 0.96 0.87 1.01

CHIX:VWSC vs GEV, ETN, PH: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vestas Wind Systems AS Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Debt-to-Equity falls into.


CHIX:VWSC
81GF Score
Vestas Wind Systems AS CHIX:VWSC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestas Wind Systems AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vestas Wind Systems AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Vestas Wind Systems AS's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.01 mean?
Vestas Wind Systems AS (CHIX:VWSC) has a Debt-to-Equity of 1.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vestas Wind Systems AS and its competitors. This is 237% above median its historical median of 0.30. Over the past decade, Vestas Wind Systems AS's Debt-to-Equity has ranged from 0.15 to 1.17. According to the industry distribution chart, Vestas Wind Systems AS ranks #2336 out of 2680 companies in the Industrial Products industry, placing it in the top 87.2%.
Is Vestas Wind Systems AS's Debt-to-Equity too high?
Vestas Wind Systems AS's current Debt-to-Equity of 1.01 is 237% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.17. The Industrial Products industry median Debt-to-Equity is 0.28. Vestas Wind Systems AS's value of 1.01 is 260.7% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #2336 out of 2680 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Vestas Wind Systems AS has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #2336 out of 2680 companies for Debt-to-Equity. This places Vestas Wind Systems AS in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Vestas Wind Systems AS's value of 1.01 is 260.7% above this benchmark. Historically, Vestas Wind Systems AS's own Debt-to-Equity has ranged from 0.15 to 1.17 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.28, Vestas Wind Systems AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,680 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vestas Wind Systems AS's current Debt-to-Equity of 1.01 is 260.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current Debt-to-Equity is 1.01, which is 237% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (CHIX:VWSC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr197.82, compared to a current price of kr174.25 — trading 11.9% below its estimated fair value. The current Debt-to-Equity is 1.01, which is 237% above median its 10-year median of 0.30 and 260.7% above the Industrial Products industry median of 0.28. Vestas Wind Systems AS's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Vestas Wind Systems AS (CHIX:VWSC), the current Debt-to-Equity is 1.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vestas Wind Systems AS (CHIX:VWSC) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of kr174.25 is trading 11.9% below its estimated GF Value™ of kr197.82. GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.

Key valuation signals for CHIX:VWSC:

  • Debt-to-Equity: 1.01 (237% above median its 10-year median of 0.30)
  • GF Value™: kr197.82 vs. price of kr174.25 (11.9% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 260.7% above the Industrial Products median (#2336 of 2680)

No single metric tells the full story. See the CHIX:VWSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
81GF Score

Get the complete analysis for CHIX:VWSC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr174.25
Price
kr197.82
GF Value