profit from every €100 of sales.

Nordex
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay €36.13 for every €1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Nordex sold, what it kept, and what it did with the cash.
Sales went from €5.69 billion in 2022 to €7.55 billion in 2025, with €274 million of profit last year.
Nordex vs. similar companies
Nordex grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
Nordex | 36.1× · Expensive | ||
GE Vernova | 43.8× · Expensive | ||
Schneider Electric S.E. | 34.2× · Expensive | ||
Eaton | 34.3× · Expensive | ||
Siemens Energy | 79.9× · Very expensive |
AI analysis
An AI analyst reads Nordex's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,694 | 6,489 | 7,299 | 7,554 | |
| 486 | 985 | 1,535 | 2,039 | |
| -525 | -170 | 194 | 581 | |
| -245 | 13 | 313 | 656 | |
| -498 | -303 | 9 | 274 | |
| -2.71 | -1.33 | 0.04 | 1.13 | |
| 8.5% | 15.2% | 21.0% | 27.0% | |
| -9.2% | -2.6% | 2.7% | 7.7% | |
| -8.7% | -4.7% | 0.1% | 3.6% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 4,757 | 5,422 | 5,631 | 6,752 |
| Cash | 634 | 926 | 1,146 | 1,924 |
| Total debt | 582 | 475 | 501 | 489 |
| Total liabilities | 3,879 | 4,444 | 4,635 | 5,469 |
| 878 | 977 | 991 | 1,277 | |
| 184 | 228 | 236 | 243 | |
| -20.2% | -8.5% | 6.2% | 18.8% | |
| -56.7% | -31.0% | 0.9% | 21.5% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -350 | 161 | 430 | 1,016 | |
| 205 | 133 | 164 | 172 | |
| -555 | 28 | 266 | 844 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 36.1×
- –
- –
- 7.7×
- 1.3×
- 11.7×
- 12.9×
- 8.5%
- 2.8%
- –
Profitability
- 27.0%
- 7.7%
- 3.6%
- –
- 18.8%
- -0.9%
- –
- –
- –
- –
Growth
- +9.9%
- –
- –
- –
- +9.7%
Financial health
- -2.2×
- 0.38
- –
- 5.0×
- 1.09
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Nordex
Is Nordex a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Nordex AI analysis
What does Nordex do?
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines in Europe, North America, Latin America, and internationally. It operates in Projects and Services segments. It is in Specialty Industrial Machinery, based in Hamburg, Germany, with 11,202 employees.
Is Nordex stock halal?
Yes. Nordex passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
Who are Nordex's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Siemens Energy. The peers table on this page compares their profit, growth and price with Nordex's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



