Vestas Wind Systems AS (MEX:VWS N) EBIT: MXN27,538 Mil (TTM As of Mar. 2026)


MEX:VWS N Vestas Wind Systems AS MEX:VWS N
73 GF Score
Price MXN447.08
GF Value MXN470.47
Valuation Fairly Valued
! 7 Warning Signs
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What is Vestas Wind Systems AS EBIT?

Vestas Wind Systems AS MEX:VWS N 73 EBIT is MXN27,538 Mil as of Mar. 2026. GuruFocus rates MEX:VWS N with a GF Score™ of 73/100 and a GF Value™ of MXN470.47 (Fairly Valued). The stock has 7 warning signs investors should review.

Vestas Wind Systems AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN2,648 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN27,538 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vestas Wind Systems AS's annualized ROC % for the quarter that ended in Mar. 2026 was 1.82%. Vestas Wind Systems AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vestas Wind Systems AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.14%.


Vestas Wind Systems AS  (MEX:VWS N) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Vestas Wind Systems AS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=10590.304 * ( 1 - 23.91% )/( (439853.529 + 443291.714)/ 2 )
=8058.1623136/441572.6215
=1.82 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=542532.403 - 102910.798 - ( 95531.413 - max(0, 355201.438 - 354969.514+95531.413))
=439853.529

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=556762.218 - 103484.766 - ( 90976.535 - max(0, 357631.177 - 367616.915+90976.535))
=443291.714

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Vestas Wind Systems AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10590.304/( ( (58866.41 + max(-169810.197, 0)) + (60644.074 + max(-162148.37, 0)) )/ 2 )
=10590.304/( ( 58866.41 + 60644.074 )/ 2 )
=10590.304/59755.242
=17.72 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31119.922 + 120621.323 + 17162.341) - (102910.798 + 0 + 235802.985)
=-169810.197

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31291.425 + 127354.641 + 20471.805) - (103484.766 + 0 + 237781.475)
=-162148.37

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Vestas Wind Systems AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=27537.793/448724.918
=6.14 %

* 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 EBIT Related Terms


Vestas Wind Systems AS EBIT Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS's EBIT 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 EBIT Chart

Vestas Wind Systems AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,397.59 -33,725.60 6,238.08 19,632.75 24,963.41

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
EBIT 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 309.64 1,237.91 8,956.79 14,695.52 2,647.58

MEX:VWS N vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Products Industry

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

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


MEX:VWS N
73GF Score
Vestas Wind Systems AS MEX:VWS N
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestas Wind Systems AS EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN27,538 Mil.

* 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 EBIT →
What does a EBIT of MXN27,538 Mil mean?
Vestas Wind Systems AS (MEX:VWS N) has a EBIT of MXN27,538 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vestas Wind Systems AS.
Is Vestas Wind Systems AS's EBIT too high?
Vestas Wind Systems AS's current EBIT is MXN27,538 Mil. Overall, Vestas Wind Systems AS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's EBIT compare to GEV and ETN?
Vestas Wind Systems AS's EBIT of MXN27,538 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vestas Wind Systems AS. Vestas Wind Systems AS's current EBIT is MXN27,538 Mil. 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 (MEX:VWS N) is currently considered Fairly Valued. The stock's GF Value™ is MXN470.47, compared to a current price of MXN447.08 — trading 5% below its estimated fair value. The current EBIT is MXN27,538 Mil. Vestas Wind Systems AS's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Vestas Wind Systems AS (MEX:VWS N), the current EBIT is MXN27,538 Mil 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 (MEX:VWS N) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of MXN447.08 is trading 5% below its estimated GF Value™ of MXN470.47. GuruFocus considers Vestas Wind Systems AS to be Fairly Valued.

Key valuation signals for MEX:VWS N:

  • EBIT: MXN27,538 Mil
  • GF Value™: MXN470.47 vs. price of MXN447.08 (5% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the MEX:VWS N 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.
73GF Score

Get the complete analysis for MEX:VWS N

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

MXN447.08
Price
MXN470.47
GF Value