Vestas Wind Systems A/S (VWS) — Capital Reinvestment Ratio
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 (VWS) net asset quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
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. Check VWS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 VWS market cap.
| 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 | — |