Wärtsilä Detailed Consensus
Consensus as of: 2025-05-06 (Last Update: 2025-05-23)

Note - Indicative comparison figures used for Marine Power in 2022, following merger with Voyage from 1 January 2023, until official comparison figures become available .


KPI[EUR m]Q2 2024Q3 2024FY 2024Q2 2025 EQ3 2025 EFY 2025 EFY 2026 EFY 2027 E
Order bookNumber of Estimates54554
Order bookHighest8,868.39,033.59,642.610,762.610,105.0
Order bookConsensus (Mean)7,607.07,583.08,366.08,531.68,513.68,676.59,140.79,176.5
Order bookMedian8,436.08,450.08,533.08,797.09,099.5
Order bookLowest8,361.78,121.08,199.08,361.78,402.0
Order intakeNumber of Estimates10910109
Order intakeHighest1,947.32,090.08,189.68,654.09,337.0
Order intakeConsensus (Mean)1,854.01,803.08,072.01,807.51,908.27,720.57,920.28,290.0
Order intakeMedian1,855.31,927.07,821.58,057.08,278.0
Order intakeLowest1,610.01,695.06,900.06,844.07,155.0
Net salesNumber of Estimates1210121211
Net salesHighest1,796.02,201.07,574.07,927.08,436.8
Net salesConsensus (Mean)1,556.01,718.06,449.01,695.21,867.17,123.57,462.57,828.1
Net salesMedian1,721.71,810.47,093.77,492.57,920.0
Net salesLowest1,560.01,768.06,790.06,630.06,784.0
Comparable adjusted EBITANumber of Estimates8710109
Comparable adjusted EBITAHighest199.0217.0855.5983.01,081.0
Comparable adjusted EBITAConsensus (Mean)180.0181.0712.0188.6199.6800.4869.2929.4
Comparable adjusted EBITAMedian192.8195.0821.0883.6934.0
Comparable adjusted EBITALowest173.7189.3651.0660.0689.0
Comparable operating resultNumber of Estimates1210121211
Comparable operating resultHighest206.0213.0838.0936.81,023.0
Comparable operating resultConsensus (Mean)176.0177.0694.0184.5194.3780.1848.2905.2
Comparable operating resultMedian189.0189.0788.5861.5913.0
Comparable operating resultLowest152.0184.0631.0640.0669.0
Comparable EBIT margin, %Number of Estimates1210121211
Comparable EBIT margin, %Highest11.611.511.512.212.6
Comparable EBIT margin, %Consensus (Mean)11.310.310.810.910.410.911.411.5
Comparable EBIT margin, %Median11.010.411.111.411.5
Comparable EBIT margin, %Lowest8.89.69.39.79.9
Items affecting comparability (IAC)Number of Estimates1210121211
Items affecting comparability (IAC)Highest0.00.00.00.00.0
Items affecting comparability (IAC)Consensus (Mean)-8.015.023.0-1.8-1.6-8.2-5.4-3.6
Items affecting comparability (IAC)Median0.00.0-5.50.00.0
Items affecting comparability (IAC)Lowest-6.3-6.3-25.0-25.0-20.0
Operating resultNumber of Estimates1210121211
Operating resultHighest204.0212.0830.5936.81,023.0
Operating resultConsensus (Mean)168.0192.0716.0182.7192.7771.9842.8901.6
Operating resultMedian187.8189.0788.0856.3913.0
Operating resultLowest152.0180.6626.0640.0669.0
Result before taxesNumber of Estimates119121211
Result before taxesHighest199.0204.0836.5942.81,030.8
Result before taxesConsensus (Mean)160.0190.0687.0180.8185.7757.4830.0891.4
Result before taxesMedian180.2181.3768.9841.6904.0
Result before taxesLowest158.8177.0623.0625.0653.0
Net result after minoritiesNumber of Estimates1210121211
Net result after minoritiesHighest145.0153.2606.4710.0787.0
Net result after minoritiesConsensus (Mean)116.0143.0503.0131.4138.4558.2612.3659.8
Net result after minoritiesMedian134.6135.0569.7628.9670.0
Net result after minoritiesLowest110.0125.7455.0454.0475.0
EPS basic (in Euro)Number of Estimates1210121211
EPS basic (in Euro)Highest0.250.261.031.211.34
EPS basic (in Euro)Consensus (Mean)0.200.240.850.220.240.951.041.12
EPS basic (in Euro)Median0.230.230.971.071.14
EPS basic (in Euro)Lowest0.190.210.770.770.81
EPS excl. IAC (in Euro)Number of Estimates1210121211
EPS excl. IAC (in Euro)Highest0.250.261.041.211.34
EPS excl. IAC (in Euro)Consensus (Mean)0.210.220.810.230.240.961.051.13
EPS excl. IAC (in Euro)Median0.230.230.981.071.14
EPS excl. IAC (in Euro)Lowest0.190.220.780.770.81
DPS (in Euro)Number of Estimates--121211
DPS (in Euro)Highest--0.560.650.75
DPS (in Euro)Consensus (Mean)--0.44--0.500.560.61
DPS (in Euro)Median--0.500.560.60
DPS (in Euro)Lowest--0.390.390.40
Cash flow from operating activitiesNumber of Estimates--998
Cash flow from operating activitiesHighest--732.0811.0876.0
Cash flow from operating activitiesConsensus (Mean)216.0296.01,208.0--484.4608.7662.2
Cash flow from operating activitiesMedian--506.1671.7651.5
Cash flow from operating activitiesLowest--192.0383.0363.0
Investments in PPE & intangible assetsNumber of Estimates--111110
Investments in PPE & intangible assetsHighest---125-125-125
Investments in PPE & intangible assetsConsensus (Mean)-37-32-170---163-166-170
Investments in PPE & intangible assetsMedian---170-172-178
Investments in PPE & intangible assetsLowest---180-187-195
Marine, Order IntakeNumber of Estimates10910109
Marine, Order IntakeHighest946.0994.03,867.04,075.04,278.0
Marine, Order IntakeConsensus (Mean)901.0902.03,637.0914.5947.53,746.83,824.83,973.3
Marine, Order IntakeMedian929.0937.23,770.43,890.84,034.0
Marine, Order IntakeLowest820.0921.73,396.03,400.33,494.0
Marine, Net SalesNumber of Estimates1110111110
Marine, Net SalesHighest875.0878.03,483.03,804.74,041.0
Marine, Net SalesConsensus (Mean)759.0739.03,053.0844.9832.23,411.83,643.63,809.1
Marine, Net SalesMedian846.0835.23,428.03,705.03,871.1
Marine, Net SalesLowest814.0790.23,241.03,248.03,348.0
Marine, Comparable operating resultNumber of Estimates10910109
Marine, Comparable operating resultHighest124.0110.0452.0496.0543.0
Marine, Comparable operating resultConsensus (Mean)103.077.0360.0109.7100.7426.2463.9488.0
Marine, Comparable operating resultMedian110.7100.0431.5478.5505.0
Marine, Comparable operating resultLowest94.094.8372.0368.0377.0
Energy, Order IntakeNumber of Estimates10910109
Energy, Order IntakeHighest824.0831.03,448.63,607.83,815.0
Energy, Order IntakeConsensus (Mean)705.0553.03,366.0685.7730.43,037.33,271.53,459.8
Energy, Order IntakeMedian680.5731.03,019.03,367.43,485.6
Energy, Order IntakeLowest590.0631.02,594.02,619.02,862.0
Energy, Net SalesNumber of Estimates1110111110
Energy, Net SalesHighest740.01,138.03,150.03,315.03,576.2
Energy, Net SalesConsensus (Mean)617.0804.02,690.0665.2862.92,937.33,059.83,247.4
Energy, Net SalesMedian668.0833.62,951.43,097.03,354.5
Energy, Net SalesLowest570.0762.02,695.02,582.02,637.0
Energy, Comparable operating resultNumber of Estimates10910109
Energy, Comparable operating resultHighest75.091.0330.0396.0441.0
Energy, Comparable operating resultConsensus (Mean)65.084.0302.065.783.5304.3337.6366.6
Energy, Comparable operating resultMedian67.583.0306.0338.0365.0
Energy, Comparable operating resultLowest52.075.0228.0248.0268.0
Energy Storage, Order IntakeNumber of Estimates66776
Energy Storage, Order IntakeHighest200.0350.01,173.11,290.41,066.9
Energy Storage, Order IntakeConsensus (Mean)232.053.01,128.0134.3213.2658.0793.9841.8
Energy Storage, Order IntakeMedian139.0218.0681.9841.5923.5
Energy Storage, Order IntakeLowest53.060.0207.0426.0469.0
Energy Storage, Net SalesNumber of Estimates77887
Energy Storage, Net SalesHighest245.0287.11,032.01,300.01,350.0
Energy Storage, Net SalesConsensus (Mean)213.0261.0794.0207.6259.1895.2849.0875.3
Energy Storage, Net SalesMedian213.0261.0893.5892.5900.0
Energy Storage, Net SalesLowest150.0221.9758.0504.0416.0
Portfolio Business, Order IntakeNumber of Estimates10910109
Portfolio Business, Order IntakeHighest257.0359.01,104.01,128.01,244.0
Portfolio Business, Order IntakeConsensus (Mean)248.0348.01,069.0207.3230.5936.5823.8856.7
Portfolio Business, Order IntakeMedian204.6234.6945.1783.0796.8
Portfolio Business, Order IntakeLowest150.1140.0765.8655.0613.0
Portfolio Business, Net SalesNumber of Estimates1110111110
Portfolio Business, Net SalesHighest303.0249.0950.0958.0950.0
Portfolio Business, Net SalesConsensus (Mean)179.0175.0706.0197.3172.0752.8718.0710.8
Portfolio Business, Net SalesMedian200.0180.5753.6745.0765.8
Portfolio Business, Net SalesLowest142.0100.0580.0330.0330.0
Portfolio Business, Comparable operating resultNumber of Estimates10911109
Portfolio Business, Comparable operating resultHighest18.020.056.053.152.0
Portfolio Business, Comparable operating resultConsensus (Mean)8.016.032.09.410.138.736.235.5
Portfolio Business, Comparable operating resultMedian9.09.039.038.034.0
Portfolio Business, Comparable operating resultLowest5.04.014.013.013.0
Marine, Service order intakeNumber of Estimates66665
Marine, Service order intakeHighest634.0590.02,435.02,566.02,669.0
Marine, Service order intakeConsensus (Mean)595.0550.02,307.0607.6575.92,380.02,490.52,584.2
Marine, Service order intakeMedian602.4579.82,386.92,510.82,654.0
Marine, Service order intakeLowest593.5550.02,307.02,376.22,423.7
Energy, Service order intakeNumber of Estimates77776
Energy, Service order intakeHighest347.7310.01,331.41,397.01,462.0
Energy, Service order intakeConsensus (Mean)327.0284.01,291.0336.8296.91,322.41,374.51,413.0
Energy, Service order intakeMedian336.0293.01,328.01,381.71,421.2
Energy, Service order intakeLowest330.0292.01,297.01,339.01,355.3
Portfolio, Service order intakeNumber of Estimates33333
Portfolio, Service order intakeHighest56.053.0230.0212.0216.0
Portfolio, Service order intakeConsensus (Mean)60.040.0214.051.345.7220.7192.3196.0
Portfolio, Service order intakeMedian53.045.0226.0205.0212.0
Portfolio, Service order intakeLowest45.039.0206.0160.0160.0
Total Services, Order intakeNumber of Estimates33333
Total Services, Order intakeHighest996.0923.03,954.04,168.04,323.0
Total Services, Order intakeConsensus (Mean)982.0874.03,812.0989.5921.33,927.54,070.14,215.5
Total Services, Order intakeMedian986.6922.03,923.64,026.04,193.0
Total Services, Order intakeLowest986.0919.03,905.04,016.44,130.6
Marine, Equipment Order intakeNumber of Estimates66665
Marine, Equipment Order intakeHighest336.6387.21,463.01,512.01,603.0
Marine, Equipment Order intakeConsensus (Mean)306.0352.01,329.0324.2364.61,403.11,334.61,391.4
Marine, Equipment Order intakeMedian327.0366.31,408.01,360.51,366.0
Marine, Equipment Order intakeLowest300.0334.01,346.01,024.11,228.9
Energy, Equipment Order intakeNumber of Estimates77776
Energy, Equipment Order intakeHighest491.0539.02,120.02,226.02,381.9
Energy, Equipment Order intakeConsensus (Mean)378.0269.02,076.0375.0433.51,753.31,946.32,081.5
Energy, Equipment Order intakeMedian349.6445.01,694.02,014.52,085.0
Energy, Equipment Order intakeLowest285.0338.01,366.01,541.01,606.0
Portfolio, Equipment Order intakeNumber of Estimates33333
Portfolio, Equipment Order intakeHighest147.0131.0587.0535.0574.6
Portfolio, Equipment Order intakeConsensus (Mean)188.0308.0855.0120.0108.4568.3501.3543.5
Portfolio, Equipment Order intakeMedian116.0101.0582.0495.0561.0
Portfolio, Equipment Order intakeLowest97.193.3535.8473.8495.0
Total Equipment, Order intakeNumber of Estimates33333
Total Equipment, Order intakeHighest934.01,052.03,944.04,034.04,195.0
Total Equipment, Order intakeConsensus (Mean)872.0929.04,260.0812.2913.73,608.43,693.93,878.3
Total Equipment, Order intakeMedian784.0916.13,582.33,645.63,906.8
Total Equipment, Order intakeLowest718.7773.03,299.03,402.03,533.0
Marine, Service net salesNumber of Estimates66665
Marine, Service net salesHighest575.0571.02,285.02,406.02,559.0
Marine, Service net salesConsensus (Mean)514.0486.02,050.0553.7530.32,197.92,304.72,415.8
Marine, Service net salesMedian553.3524.42,182.32,309.12,429.0
Marine, Service net salesLowest539.7505.42,150.22,214.72,281.2
Energy, Service net salesNumber of Estimates77776
Energy, Service net salesHighest291.2308.01,237.91,308.01,373.0
Energy, Service net salesConsensus (Mean)260.0280.01,173.0277.6296.41,228.01,279.31,328.8
Energy, Service net salesMedian275.6296.81,230.01,280.01,322.2
Energy, Service net salesLowest271.3287.01,210.01,246.01,282.0
Portfolio, Service net salesNumber of Estimates33333
Portfolio, Service net salesHighest152.078.0489.0530.0563.0
Portfolio, Service net salesConsensus (Mean)60.041.0198.085.760.7301.7308.7319.7
Portfolio, Service net salesMedian54.054.0212.0216.0216.0
Portfolio, Service net salesLowest51.050.0204.0180.0180.0
Total Services, Net SalesNumber of Estimates33333
Total Services, Net SalesHighest986.0922.03,954.04,168.04,323.0
Total Services, Net SalesConsensus (Mean)834.0807.03,422.0913.8885.43,732.03,905.34,068.8
Total Services, Net SalesMedian886.0878.03,642.03,842.04,073.0
Total Services, Net SalesLowest869.3856.23,600.13,705.83,810.5
Marine, Equipment Net SalesNumber of Estimates66665
Marine, Equipment Net SalesHighest306.3328.91,299.91,590.01,526.0
Marine, Equipment Net SalesConsensus (Mean)245.0253.01,002.0286.8289.91,206.01,345.31,374.9
Marine, Equipment Net SalesMedian286.0281.21,185.51,324.51,398.0
Marine, Equipment Net SalesLowest268.0263.01,143.21,200.41,103.3
Energy, Equipment Net SalesNumber of Estimates77776
Energy, Equipment Net SalesHighest403.0605.01,775.72,040.02,262.9
Energy, Equipment Net SalesConsensus (Mean)357.0524.01,517.0379.2518.51,666.61,825.92,002.0
Energy, Equipment Net SalesMedian379.6511.01,661.81,876.02,109.7
Energy, Equipment Net SalesLowest351.0465.01,486.01,565.01,539.0
Portfolio, Equipment Net SalesNumber of Estimates33333
Portfolio, Equipment Net SalesHighest173.0125.0575.0565.0570.6
Portfolio, Equipment Net SalesConsensus (Mean)119.0134.0508.0117.0111.8451.6395.6381.9
Portfolio, Equipment Net SalesMedian96.1118.0430.8469.8565.0
Portfolio, Equipment Net SalesLowest82.092.3349.0152.010.0
Total Equipment, Net SalesNumber of Estimates33333
Total Equipment, Net SalesHighest848.01,017.03,525.04,099.84,359.5
Total Equipment, Net SalesConsensus (Mean)722.0911.03,027.0783.1935.23,385.13,662.93,834.5
Total Equipment, Net SalesMedian756.2942.63,506.43,919.04,228.0
Total Equipment, Net SalesLowest745.0846.03,124.02,970.02,916.0
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.