VinFast Auto Ltd.

VFS Consumer Cyclical Auto Manufacturers

VinFast Auto Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $3.6 billion, up 98.5% from fiscal 2024.

Revenue
+81.6%
EPS
+94.3%
Free cash flow
−39.5%
Total debt
−52.4%

Quarter to June 2026, against a year earlier

3.23 0.09 −2.71%
Market cap
$7.5B
P/E
0.0×
Fwd P/E
−1.9×
Dividend yield
—
F-score
4/9
Altman Z
−3.75
Beneish M
n/a
Dividend safety
n/a

VinFast Auto Ltd. (VFS) Debt to equity

Alert me on Debt to equity

VinFast Auto Ltd.'s debt to equity at the end of the quarter to 30 June 2026 was −0.6×, up 0.6× from fiscal 2025 (−1.2×). Over the past ten years it has ranged from −1.2× (fiscal 2025) to 0.0× (fiscal 2021) — the current reading is the lowest in ten years. That is below the Auto Manufacturers industry median of 0.3× and below the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 −1.2× —
FY2024 −0.9× —
FY2023 −1.1× —
FY2022 0.0× —
FY2021 0.0× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 −0.6× —
Mar 2026 −1.2× —
Dec 2025 −1.2× —
Sep 2025 −1.1× —
18 more quarters

Against its own ten years

Low −1.2× High 0.0×
Ten-year median −0.9×
Current reading's percentile 20

Debt to equity against peers

Company Debt to equity
LCID Lucid Group, Inc. compare −3.2×
VFS VinFast Auto Ltd. −0.6×
LI Li Auto Inc. Sponsored ADR compare 0.1×
RIVN Rivian Automotive, Inc. compare 0.8×
XPEV XPeng Inc. Sponsored ADR compare 0.9×
STLA Stellantis N.V. compare 0.9×
HMC Honda Motor Co., Ltd. compare 1.1×
NIO NIO Inc. compare 2.3×
F Ford Motor Company compare 4.4×
Auto Manufacturers industry median 0.3×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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