VWSYF (Vestas Wind Systems AS) ROCE % : 40.74% (As of Dec. 2024)

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What is Vestas Wind Systems AS ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Vestas Wind Systems AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 40.74%.

Vestas Wind Systems AS ROCE % Historical Data

The historical data trend for Vestas Wind Systems AS's ROCE % 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.

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Vestas Wind Systems AS ROCE % Chart

Vestas Wind Systems AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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16.97

3.83

-23.35

4.53

9.98

Vestas Wind Systems AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															24.62	-3.19	-8.72	11.36	40.74

Vestas Wind Systems AS ROCE % Calculation

Vestas Wind Systems AS's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	941.361	/	( ( (24551.799 - 15288.986)	+	(25805.236 - 16209.424) )	/ 2 )
	=	941.361	/	( (9262.813	+	9595.812)	/ 2 )
	=	941.361	/	9429.3125
	=	9.98 %

Vestas Wind Systems AS's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	3845.028	/	( ( (25439.512 - 16160.932)	+	(25805.236 - 16209.424) )	/ 2 )
	=	3845.028	/	( ( 9278.58	+	9595.812 )	/ 2 )
	=	3845.028	/	9437.196
	=	40.74 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Vestas Wind Systems AS (OTCPK:VWSYF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Vestas Wind Systems AS ROCE % Related Terms

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Vestas Wind Systems AS Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

VWDRY:USA VWSc:UK 0NMK:UK VWS:Denmark VWSB:Germany VWSB:Bulgaria VWSB:Austria

Address

Hedeager 42, Aarhus, DNK, 8200

Website

https://www.vestas.com

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.