Ørsted A/S (ORSTED.CO) stock analysis

In our weekly check, Ørsted A/S is graded D (A to F). Of 23 checks on debt, profit, cash flow and trend: 8 pass, warnings: 2, red flags: 13.

About Ørsted A/S

Ørsted A/S is an Utilities company (Renewable Utilities) based in Denmark, listed on CPH as ORSTED.CO.

What our checks show for ORSTED.CO

Red flags

• Net debt is 13.4x a year of EBITDA (debt/equity 1). That limits room in a downturn and raises refinancing risk.
• Operating profit does not cover the interest bill (-10.1x): interest is paid from cash or new debt.
• The net margin fell by 19.9 points over 5 years, to -4%: the company keeps less of each sale as profit.
• The gross margin fell by 38.4 points, to -15.2%: costs are rising faster than prices.
• Revenue fell 16.4% a year over the last 3 years.
• Earnings per share fell 46.6% a year over the last 3 years.
• The company is losing money: the net margin is -4%.
• Free cash flow is negative (-32.5% of revenue): the business spends more cash than it brings in.
• Ørsted A/S pays a dividend while losing money: it is funded from reserves or debt.
• The stock has fallen as much as 87% from a peak. Would you have held through that?
• The share count grew by 214% in 2 years: each shareholder owns a smaller slice.
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The price swings a lot: 36.2% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.

Strengths

• Operating cash flow is 8.21x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 32% a year over the next years.
• Analysts expect the net margin to improve by 19.9 points from today's -4%.
• A large company: market value $26.04 billion.
• Beta 0.58: the stock usually moves less than the market.

Next earnings report: 2026-11-05

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Questions

What grade does Ørsted A/S (ORSTED.CO) have?

In our weekly check, Ørsted A/S is graded D (A to F). Of 23 checks on debt, profit, cash flow and trend: 8 pass, warnings: 2, red flags: 13. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ORSTED.CO stock?

This week's biggest flags for Ørsted A/S: High debt, Weak interest cover, Margins falling. In total 15 of 23 checks show a warning or a red flag.

What does Ørsted A/S do?

Ørsted A/S is an Utilities company (Renewable Utilities) based in Denmark, listed on CPH as ORSTED.CO.

When does Ørsted A/S report earnings next?

The next earnings report is expected on 2026-11-05. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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