Wärtsilä Detailed Consensus
Consensus as of: 2026-07-13

KPI[EUR m]Q2 2025Q3 2025FY 2025Q2 2026 EQ3 2026 EFY 2026 EFY 2027 EFY 2028 E
Order bookNumber of Estimates76777
Order bookHighest9,960.410,679.610,916.512,860.615,575.4
Order bookConsensus (Mean)8,764.08,637.08,248.09,026.89,406.39,622.711,520.312,969.3
Order bookMedian8,935.79,212.49,289.511,496.812,511.2
Order bookLowest8,272.68,856.39,063.010,293.210,514.0
Order intakeNumber of Estimates1110111111
Order intakeHighest2,812.02,249.18,967.19,423.010,321.7
Order intakeConsensus (Mean)2,190.01,790.08,102.02,544.91,980.28,621.08,537.98,859.2
Order intakeMedian2,562.81,964.58,618.78,391.08,686.3
Order intakeLowest2,265.61,869.08,347.27,934.07,926.4
Net salesNumber of Estimates1211121212
Net salesHighest1,720.01,621.06,758.57,384.18,245.8
Net salesConsensus (Mean)1,719.01,632.06,914.01,582.01,493.96,408.36,799.27,616.2
Net salesMedian1,580.51,499.56,428.36,803.97,570.0
Net salesLowest1,474.01,429.66,143.06,433.46,898.3
Comparable operating resultNumber of Estimates1211121212
Comparable operating resultHighest236.8223.0942.01,065.01,243.7
Comparable operating resultConsensus (Mean)207.0195.0829.0216.3207.7893.91,003.11,166.3
Comparable operating resultMedian215.5209.0888.8996.81,178.1
Comparable operating resultLowest203.5191.1852.4926.71,052.4
Comparable EBIT margin, %Number of Estimates1211121212
Comparable EBIT margin, %Highest14.514.714.515.716.4
Comparable EBIT margin, %Consensus (Mean)12.011.912.013.713.914.014.815.3
Comparable EBIT margin, %Median13.713.814.014.915.3
Comparable EBIT margin, %Lowest12.912.713.213.413.7
Items affecting comparability (IAC)Number of Estimates1211121212
Items affecting comparability (IAC)Highest5.55.50.00.00.0
Items affecting comparability (IAC)Consensus (Mean)-20.035.04.0-0.7-16.8-23.1-5.6-5.6
Items affecting comparability (IAC)Median0.00.0-7.50.00.0
Items affecting comparability (IAC)Lowest-6.0-59.4-73.0-24.0-25.0
Operating resultNumber of Estimates1211121212
Operating resultHighest236.8224.2921.71,065.01,240.0
Operating resultConsensus (Mean)186.0230.0833.0215.6190.9870.8997.51,160.7
Operating resultMedian215.5194.7883.3995.91,163.2
Operating resultLowest201.5140.8799.0921.71,052.4
Result before taxesNumber of Estimates1211121212
Result before taxesHighest235.8231.7916.41,064.51,259.4
Result before taxesConsensus (Mean)186.0227.0828.0216.7192.3871.51,009.31,176.5
Result before taxesMedian215.9193.3892.9997.41,179.5
Result before taxesLowest203.0138.8798.0943.31,047.9
Net result after minoritiesNumber of Estimates1211121212
Net result after minoritiesHighest179.0172.8690.0806.0962.0
Net result after minoritiesConsensus (Mean)136.0181.0626.0161.3144.0646.0749.9874.5
Net result after minoritiesMedian163.8154.0662.7750.9888.4
Net result after minoritiesLowest137.8103.1579.5672.2775.5
EPS basic (in Euro)Number of Estimates1211121212
EPS basic (in Euro)Highest0.300.291.171.371.63
EPS basic (in Euro)Consensus (Mean)0.230.311.060.270.251.101.271.49
EPS basic (in Euro)Median0.280.261.131.281.51
EPS basic (in Euro)Lowest0.230.180.981.141.31
EPS excl. IAC (in Euro)Number of Estimates1211121212
EPS excl. IAC (in Euro)Highest0.300.291.221.371.63
EPS excl. IAC (in Euro)Consensus (Mean)0.260.251.050.280.271.141.281.49
EPS excl. IAC (in Euro)Median0.280.281.151.291.51
EPS excl. IAC (in Euro)Lowest0.230.251.041.141.32
DPS (in Euro)Number of Estimates--111111
DPS (in Euro)Highest--1.101.231.45
DPS (in Euro)Consensus (Mean)--1.06--0.710.820.93
DPS (in Euro)Median--0.640.740.80
DPS (in Euro)Lowest--0.530.620.71
Cash flow from operating activitiesNumber of Estimates--101010
Cash flow from operating activitiesHighest--1,359.91,107.01,270.0
Cash flow from operating activitiesConsensus (Mean)416.0340.01,598.0--879.3885.5870.9
Cash flow from operating activitiesMedian--811.0891.5941.5
Cash flow from operating activitiesLowest--666.4697.9369.1
Investments in PPE & intangible assetsNumber of Estimates--111111
Investments in PPE & intangible assetsHighest---133.0-155.2-150.0
Investments in PPE & intangible assetsConsensus (Mean)-37.0-39.0-146.0---209.0-216.0-217.4
Investments in PPE & intangible assetsMedian---220.0-220.0-200.0
Investments in PPE & intangible assetsLowest---290.0-280.0-290.0
Marine, Order intakeNumber of Estimates1110111111
Marine, Order intakeHighest1,100.01,053.74,245.14,685.55,000.0
Marine, Order intakeConsensus (Mean)1,031.0970.03,926.01,049.21,012.44,125.74,289.14,450.1
Marine, Order intakeMedian1,045.51,015.04,094.04,299.04,477.0
Marine, Order intakeLowest971.0970.04,018.64,004.33,996.3
Marine, Net salesNumber of Estimates1110111111
Marine, Net salesHighest940.0949.03,710.04,003.24,620.4
Marine, Net salesConsensus (Mean)862.0870.03,494.0904.9915.13,647.43,900.04,160.2
Marine, Net salesMedian901.9915.23,665.73,893.04,079.0
Marine, Net salesLowest874.9877.03,563.33,851.94,022.0
Marine, Comparable operating resultNumber of Estimates1110111111
Marine, Comparable operating resultHighest131.4127.0508.8569.5635.1
Marine, Comparable operating resultConsensus (Mean)114.0108.0443.0122.4118.5486.8537.0587.5
Marine, Comparable operating resultMedian122.7117.5485.1534.0577.0
Marine, Comparable operating resultLowest114.4111.2469.3510.9553.8
Energy, Order intakeNumber of Estimates1110111111
Energy, Order intakeHighest1,734.01,215.04,558.65,112.35,744.9
Energy, Order intakeConsensus (Mean)913.0644.02,940.01,412.1967.84,328.14,248.84,409.1
Energy, Order intakeMedian1,427.3959.94,436.54,140.14,148.0
Energy, Order intakeLowest1,178.5850.03,996.03,674.83,750.8
Energy, Net salesNumber of Estimates1110111111
Energy, Net salesHighest637.3690.02,525.03,348.23,817.9
Energy, Net salesConsensus (Mean)529.0382.02,048.0566.1578.22,398.62,846.23,398.8
Energy, Net salesMedian561.1579.72,395.62,885.03,490.0
Energy, Net salesLowest513.0512.72,286.32,524.22,749.6
Energy, Comparable operating resultNumber of Estimates1110111111
Energy, Comparable operating resultHighest97.1105.0417.0510.0676.0
Energy, Comparable operating resultConsensus (Mean)76.061.0315.084.891.0378.0462.8573.5
Energy, Comparable operating resultMedian82.392.3377.0474.0577.8
Energy, Comparable operating resultLowest78.075.8349.8399.1436.9
Portfolio Business, Order intakeNumber of Estimates1110111111
Portfolio Business, Order intakeHighest120.00.0208.00.00.0
Portfolio Business, Order intakeConsensus (Mean)196.0165.0781.083.80.0171.80.00.0
Portfolio Business, Order intakeMedian76.20.0164.20.00.0
Portfolio Business, Order intakeLowest57.00.0145.00.00.0
Portfolio Business, Net salesNumber of Estimates1110111111
Portfolio Business, Net salesHighest164.00.0325.00.00.0
Portfolio Business, Net salesConsensus (Mean)204.0146.0677.098.40.0259.40.00.0
Portfolio Business, Net salesMedian92.90.0253.90.00.0
Portfolio Business, Net salesLowest67.00.0228.00.00.0
Portfolio Business, Comparable operating resultNumber of Estimates1110111111
Portfolio Business, Comparable operating resultHighest18.90.036.90.00.0
Portfolio Business, Comparable operating resultConsensus (Mean)14.010.047.08.40.026.50.00.0
Portfolio Business, Comparable operating resultMedian7.00.025.00.00.0
Portfolio Business, Comparable operating resultLowest3.00.021.00.00.0
Total Services, Order intakeNumber of Estimates54555
Total Services, Order intakeHighest952.7934.63,954.34,231.14,551.1
Total Services, Order intakeConsensus (Mean)926.0864.03,740.0934.2900.53,806.93,964.74,178.9
Total Services, Order intakeMedian941.0896.73,783.03,886.04,070.0
Total Services, Order intakeLowest899.0874.03,727.23,812.33,954.8
Marine, Service Order intakeNumber of Estimates87888
Marine, Service Order intakeHighest619.0601.82,475.02,730.12,945.1
Marine, Service Order intakeConsensus (Mean)571.0537.02,242.0596.5572.62,365.82,483.32,599.5
Marine, Service Order intakeMedian600.5574.62,356.72,459.42,557.8
Marine, Service Order intakeLowest571.0537.02,309.32,378.52,449.9
Energy, Service Order intakeNumber of Estimates98999
Energy, Service Order intakeHighest336.0342.71,441.41,528.01,680.0
Energy, Service Order intakeConsensus (Mean)300.0298.01,311.0323.7320.31,378.31,456.21,536.4
Energy, Service Order intakeMedian321.0315.51,376.91,437.61,503.0
Energy, Service Order intakeLowest309.0306.91,338.21,409.61,480.1
Portfolio, Service Order intakeNumber of Estimates43444
Portfolio, Service Order intakeHighest19.00.052.00.00.0
Portfolio, Service Order intakeConsensus (Mean)49.019.0158.014.20.040.20.00.0
Portfolio, Service Order intakeMedian19.00.038.00.00.0
Portfolio, Service Order intakeLowest0.00.033.00.00.0
Total Services, Net salesNumber of Estimates54555
Total Services, Net salesHighest930.3891.63,651.13,966.44,437.4
Total Services, Net salesConsensus (Mean)907.0821.03,575.0891.3852.03,555.63,787.84,035.6
Total Services, Net salesMedian897.0843.83,548.03,733.63,914.0
Total Services, Net salesLowest849.1828.63,471.83,629.73,790.4
Marine, Service Net salesNumber of Estimates86777
Marine, Service Net salesHighest611.0563.22,345.02,557.52,817.2
Marine, Service Net salesConsensus (Mean)569.0512.02,222.0569.2540.32,286.72,422.62,547.8
Marine, Service Net salesMedian569.0542.02,297.92,450.02,561.0
Marine, Service Net salesLowest522.3517.12,222.02,288.72,357.3
Energy, Service Net salesNumber of Estimates97888
Energy, Service Net salesHighest337.3328.41,292.91,460.61,620.2
Energy, Service Net salesConsensus (Mean)278.0285.01,188.0294.4309.91,230.41,328.31,432.0
Energy, Service Net salesMedian294.9309.81,223.81,296.91,386.6
Energy, Service Net salesLowest264.1299.31,205.01,253.21,309.6
Portfolio, Service Net salesNumber of Estimates43444
Portfolio, Service Net salesHighest27.00.046.00.00.0
Portfolio, Service Net salesConsensus (Mean)54.019.0142.020.80.039.50.00.0
Portfolio, Service Net salesMedian20.00.040.00.00.0
Portfolio, Service Net salesLowest16.00.032.00.00.0
Total Equipment, Order intakeNumber of Estimates54555
Total Equipment, Order intakeHighest1,875.01,148.05,003.15,552.36,205.5
Total Equipment, Order intakeConsensus (Mean)1,264.0926.04,362.01,526.61,066.34,760.74,625.24,940.1
Total Equipment, Order intakeMedian1,415.81,061.04,891.64,196.04,398.8
Total Equipment, Order intakeLowest1,354.0995.04,471.84,121.73,971.6
Marine, Equipment Order intakeNumber of Estimates86777
Marine, Equipment Order intakeHighest492.2476.31,866.22,015.52,136.4
Marine, Equipment Order intakeConsensus (Mean)460.0433.01,684.0450.2442.61,764.11,826.31,866.0
Marine, Equipment Order intakeMedian456.3441.71,750.01,813.01,885.0
Marine, Equipment Order intakeLowest400.0411.01,679.01,601.71,521.6
Energy, Equipment Order intakeNumber of Estimates97888
Energy, Equipment Order intakeHighest1,350.0900.03,220.03,690.04,260.0
Energy, Equipment Order intakeConsensus (Mean)613.0346.01,629.01,065.1672.02,959.62,833.12,907.8
Energy, Equipment Order intakeMedian1,106.3650.03,059.52,779.92,512.0
Energy, Equipment Order intakeLowest851.8543.72,554.72,154.62,250.0
Portfolio, Equipment Order intakeNumber of Estimates43444
Portfolio, Equipment Order intakeHighest98.10.0176.60.00.0
Portfolio, Equipment Order intakeConsensus (Mean)147.0145.0622.058.90.0140.70.00.0
Portfolio, Equipment Order intakeMedian63.80.0153.60.00.0
Portfolio, Equipment Order intakeLowest10.00.079.00.00.0
Total Equipment, Net salesNumber of Estimates54555
Total Equipment, Net salesHighest778.2633.13,017.03,384.93,915.3
Total Equipment, Net salesConsensus (Mean)812.0811.03,338.0715.5619.12,849.63,070.43,593.5
Total Equipment, Net salesMedian707.0617.62,826.03,096.03,706.0
Total Equipment, Net salesLowest678.3608.22,760.12,741.82,984.3
Marine, Equipment Net salesNumber of Estimates86777
Marine, Equipment Net salesHighest365.2386.61,399.21,588.12,006.0
Marine, Equipment Net salesConsensus (Mean)293.0358.01,272.0332.8368.51,359.01,482.01,662.9
Marine, Equipment Net salesMedian322.7377.21,367.81,470.81,627.1
Marine, Equipment Net salesLowest319.0329.01,296.61,410.01,461.0
Energy, Equipment Net salesNumber of Estimates97888
Energy, Equipment Net salesHighest300.0291.71,248.11,939.32,246.2
Energy, Equipment Net salesConsensus (Mean)251.097.0860.0265.5268.81,155.41,517.51,956.3
Energy, Equipment Net salesMedian268.0276.01,159.11,510.72,110.5
Energy, Equipment Net salesLowest214.0242.91,076.31,265.91,440.0
Portfolio, Equipment Net salesNumber of Estimates43444
Portfolio, Equipment Net salesHighest148.00.0305.00.00.1
Portfolio, Equipment Net salesConsensus (Mean)150.0127.0535.094.20.0263.90.00.0
Portfolio, Equipment Net salesMedian86.30.0276.00.00.0
Portfolio, Equipment Net salesLowest56.00.0198.60.00.0
Marine and Energy combined, Order intakeNumber of Estimates1110111111
Marine and Energy combined, Order intakeHighest2,748.02,249.18,788.99,423.010,321.7
Marine and Energy combined, Order intakeConsensus (Mean)1,944.01,614.06,866.02,461.21,980.28,453.88,537.98,859.2
Marine and Energy combined, Order intakeMedian2,481.01,964.58,455.28,391.08,686.3
Marine and Energy combined, Order intakeLowest2,190.01,869.08,221.07,934.07,926.4
Marine and Energy combined, Net salesNumber of Estimates1110111111
Marine and Energy combined, Net salesHighest1,540.01,621.06,207.07,351.38,221.4
Marine and Energy combined, Net salesConsensus (Mean)1,391.01,252.05,542.01,471.01,493.36,045.96,746.27,559.0
Marine and Energy combined, Net salesMedian1,452.41,490.46,061.36,778.07,549.0
Marine and Energy combined, Net salesLowest1,407.01,429.65,908.66,433.46,898.3
Marine and Energy combined, Operating resultNumber of Estimates97888
Marine and Energy combined, Operating resultHighest220.0223.0911.01,065.01,240.0
Marine and Energy combined, Operating resultConsensus (Mean)189.0166.0764.0207.1207.9866.3993.71,148.0
Marine and Energy combined, Operating resultMedian206.0209.0867.5987.81,146.1
Marine and Energy combined, Operating resultLowest195.9194.7832.3921.71,052.4
Disclaimer

This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.