Vestas Wind Systems AS (OCSE:VWS) Interest Coverage: 63.50 (As of Mar. 2026) — 239% Above Median


OCSE:VWS Vestas Wind Systems AS OCSE:VWS
84 GF Score
Price kr172.50
GF Value kr190.98
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vestas Wind Systems AS Interest Coverage?

Vestas Wind Systems AS OCSE:VWS +1.38% 84 Interest Coverage is 63.50 as of Mar. 2026, which is 239% above its 10-year median of 18.75. GuruFocus rates OCSE:VWS with a GF Score™ of 84/100 and a GF Value™ of kr190.98 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,325 Industrial Products companies, Vestas Wind Systems AS ranks better than 70.58% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Vestas Wind Systems AS's Operating Income for the three months ended in Mar. 2026 was kr949 Mil. Vestas Wind Systems AS's Interest Expense for the three months ended in Mar. 2026 was kr-15 Mil. Vestas Wind Systems AS's interest coverage for the quarter that ended in Mar. 2026 was 63.50. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vestas Wind Systems AS's Interest Coverage or its related term are showing as below:

OCSE:VWS' s Interest Coverage Range Over the Past 10 Years
Min: 0.15   Med: 18.75   Max: 82
Current: 45.41


OCSE:VWS's Interest Coverage is ranked better than
70.58% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs OCSE:VWS: 45.41

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Vestas Wind Systems AS  (OCSE:VWS) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Vestas Wind Systems AS Interest Coverage Related Terms


Vestas Wind Systems AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Vestas Wind Systems AS Interest Coverage Chart

Vestas Wind Systems AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.23 0.00 0.15 3.81 7.36

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
Interest Coverage 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 1.00 6.33 27.73 N/A 63.50

OCSE:VWS vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Interest Coverage falls into.


OCSE:VWS
84GF Score
Vestas Wind Systems AS OCSE:VWS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestas Wind Systems AS Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vestas Wind Systems AS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Vestas Wind Systems AS's Interest Expense was kr-1,083 Mil. Its Operating Income was kr7,969 Mil. And its Long-Term Debt & Capital Lease Obligation was kr19,359 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*7969.266/-1082.984
=7.36

Vestas Wind Systems AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Vestas Wind Systems AS's Interest Expense was kr-15 Mil. Its Operating Income was kr949 Mil. And its Long-Term Debt & Capital Lease Obligation was kr23,611 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*949.241/-14.949
=63.50

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 63.50 mean?
Vestas Wind Systems AS (OCSE:VWS) has a Interest Coverage of 63.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vestas Wind Systems AS and its competitors. This is 239% above median its historical median of 18.75. Over the past decade, Vestas Wind Systems AS's Interest Coverage has ranged from 0.15 to 82.00. According to the industry distribution chart, Vestas Wind Systems AS ranks #684 out of 2325 companies in the Industrial Products industry, placing it in the top 29.4%.
Is Vestas Wind Systems AS's Interest Coverage too high?
Vestas Wind Systems AS's current Interest Coverage of 63.50 is 239% above median its 10-year median of 18.75. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 82.00. The Industrial Products industry median Interest Coverage is 14.80. Vestas Wind Systems AS's value of 63.50 is 329.1% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #684 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Vestas Wind Systems AS has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #684 out of 2325 companies for Interest Coverage. This puts Vestas Wind Systems AS in the upper half of its industry. The industry median Interest Coverage is 14.80. Vestas Wind Systems AS's value of 63.50 is 329.1% above this benchmark. Historically, Vestas Wind Systems AS's own Interest Coverage has ranged from 0.15 to 82.00 over the past decade. While the company's 10-year median is 18.75 vs. the industry median of 14.80, 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 Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vestas Wind Systems AS's current Interest Coverage of 63.50 is 329.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current Interest Coverage is 63.50, which is 239% above median its own 10-year median of 18.75. 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 (OCSE:VWS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr190.98, compared to a current price of kr172.50 — trading 9.7% below its estimated fair value. The current Interest Coverage is 63.50, which is 239% above median its 10-year median of 18.75 and 329.1% above the Industrial Products industry median of 14.80. Vestas Wind Systems AS's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Vestas Wind Systems AS (OCSE:VWS), the current Interest Coverage is 63.50 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 (OCSE:VWS) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of kr172.50 is trading 9.7% below its estimated GF Value™ of kr190.98. GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.

Key valuation signals for OCSE:VWS:

  • Interest Coverage: 63.50 (239% above median its 10-year median of 18.75)
  • GF Value™: kr190.98 vs. price of kr172.50 (9.7% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 329.1% above the Industrial Products median (#684 of 2325)

No single metric tells the full story. See the OCSE:VWS 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.
84GF Score

Get the complete analysis for OCSE:VWS

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

kr172.50
Price
kr190.98
GF Value