Vestas Wind Systems A/S (VWS) — Capital Reinvestment Ratio
Latest as of December 2025:
0.32x
Vestas Wind Systems A/S (VWS) has a Capital Reinvestment Ratio of 0.32x as of December 2025, meaning it reinvests 0% of its operating cash flow (Dkr1.30 Billion) in capital expenditures (Dkr409.00 Million). See Vestas Wind Systems A/S free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.32x
Capex / Operating Cash Flow
Operating Cash Flow
Dkr1.30 Billion
DKK
Capital Expenditures
Dkr409.00 Million
DKK
Data as of
Dec 2025
Most recent filing
Vestas Wind Systems A/S Capital Reinvestment Ratio (2000–2025)
This chart tracks Vestas Wind Systems A/S's Capital Reinvestment Ratio across 20 annual periods.
Annual Capital Reinvestment Ratio for Vestas Wind Systems A/S (2000–2025)
Year-by-year Capital Reinvestment Ratio for Vestas Wind Systems A/S from 2000 to 2025. For live market cap and broader valuation context, see Vestas Wind Systems A/S (VWS) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (DKK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.36x | Dkr2.29 Billion | Dkr819.72 Million | ▼ -27.6% |
| 2024 | 0.50x | Dkr2.33 Billion | Dkr1.16 Billion | ▼ -43.0% |
| 2023 | 0.87x | Dkr1.03 Billion | Dkr892.00 Million | ▼ -1.2% |
| 2021 | 0.88x | Dkr996.00 Million | Dkr876.00 Million | ▼ -5.0% |
| 2020 | 0.93x | Dkr743.00 Million | Dkr688.00 Million | ▼ -1.8% |
| 2019 | 0.94x | Dkr823.00 Million | Dkr776.00 Million | ▲ +58.6% |
| 2018 | 0.59x | Dkr1.02 Billion | Dkr607.00 Million | ▲ +96.8% |
| 2017 | 0.30x | Dkr1.62 Billion | Dkr491.00 Million | ▲ +34.8% |
| 2016 | 0.22x | Dkr2.18 Billion | Dkr489.00 Million | ▼ -10.3% |
| 2015 | 0.25x | Dkr1.47 Billion | Dkr368.00 Million | ▲ +1.3% |
| 2014 | 0.25x | Dkr1.13 Billion | Dkr278.00 Million | ▲ +17.6% |
| 2013 | 0.21x | Dkr1.25 Billion | Dkr262.00 Million | ▼ -75.9% |
| 2011 | 0.87x | Dkr840.00 Million | Dkr733.00 Million | ▼ -93.8% |
| 2010 | 14.04x | Dkr56.00 Million | Dkr786.00 Million | ▲ +473.4% |
| 2008 | 2.45x | Dkr277.00 Million | Dkr678.00 Million | ▲ +394.5% |
| 2007 | 0.50x | Dkr701.00 Million | Dkr347.00 Million | ▲ +57.2% |
| 2006 | 0.31x | Dkr597.50 Million | Dkr188.20 Million | ▼ -67.8% |
| 2005 | 0.98x | Dkr147.90 Million | Dkr144.80 Million | ▲ +32.9% |
| 2003 | 0.74x | Dkr153.10 Million | Dkr112.80 Million | ▼ -98.0% |
| 2000 | 36.58x | Dkr12.08 Million | Dkr441.92 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow