Vestas Wind Systems A/S (VWS) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.074x

Based on the latest financial reports, Vestas Wind Systems A/S (VWS) has a cash flow conversion efficiency ratio of -0.074x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Dkr-289.00 Million ≈ $-45.22 Million USD) by net assets (Dkr3.92 Billion ≈ $613.31 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see VWS company net worth for the company's overall valuation and market capitalisation.

Vestas Wind Systems A/S - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how Vestas Wind Systems A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Vestas Wind Systems A/S Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Vestas Wind Systems A/S ranked by their cash flow conversion efficiency. Explore earnings quality score of Vestas Wind Systems A/S to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
DAIKIN INDUSTR.UNSP.ADR F:DKIA	N/A
Fairfax Financial Holdings Ltd TO:FFH	0.038x
Gree Electric Appliances Inc of Zhuhai SHE:000651	0.118x
Teck Resources Limited TO:TECK-B	0.053x
Raymond James Financial Inc. NYSE:RJF	0.011x
Kering SA PA:KER	0.084x
ANGLO AMERICAN SP.ADR 1/2 F:NGLD	N/A
Grupo Financiero Banorte S.A.B. de C.V MX:GFNORTEO	-0.031x

Annual Cash Flow Conversion Efficiency for Vestas Wind Systems A/S (2000–2025)

The table below shows the annual cash flow conversion efficiency of Vestas Wind Systems A/S from 2000 to 2025. View VWS stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Dkr3.88 Billion ≈ $607.21 Million	Dkr2.29 Billion ≈ $357.66 Million	0.589x	-11.03%
2024-12-31	Dkr3.52 Billion ≈ $551.08 Million	Dkr2.33 Billion ≈ $364.86 Million	0.662x	+96.11%
2023-12-31	Dkr3.04 Billion ≈ $475.94 Million	Dkr1.03 Billion ≈ $160.68 Million	0.338x	+629.78%
2022-12-31	Dkr3.06 Billion ≈ $478.76 Million	Dkr-195.00 Million ≈ $-30.51 Million	-0.064x	-130.46%
2021-12-31	Dkr4.76 Billion ≈ $744.89 Million	Dkr996.00 Million ≈ $155.83 Million	0.209x	+32.42%
2020-12-31	Dkr4.70 Billion ≈ $735.82 Million	Dkr743.00 Million ≈ $116.25 Million	0.158x	-35.79%
2019-12-31	Dkr3.35 Billion ≈ $523.35 Million	Dkr823.00 Million ≈ $128.76 Million	0.246x	-25.20%
2018-12-31	Dkr3.10 Billion ≈ $485.64 Million	Dkr1.02 Billion ≈ $159.74 Million	0.329x	-37.01%
2017-12-31	Dkr3.11 Billion ≈ $486.90 Million	Dkr1.62 Billion ≈ $254.24 Million	0.522x	-23.63%
2016-12-31	Dkr3.19 Billion ≈ $499.10 Million	Dkr2.18 Billion ≈ $341.23 Million	0.684x	+34.65%
2015-12-31	Dkr2.90 Billion ≈ $453.57 Million	Dkr1.47 Billion ≈ $230.31 Million	0.508x	+7.28%
2014-12-31	Dkr2.38 Billion ≈ $372.21 Million	Dkr1.13 Billion ≈ $176.17 Million	0.473x	-42.20%
2013-12-31	Dkr1.52 Billion ≈ $238.44 Million	Dkr1.25 Billion ≈ $195.26 Million	0.819x	+1919.52%
2012-12-31	Dkr1.62 Billion ≈ $253.77 Million	Dkr-73.00 Million ≈ $-11.42 Million	-0.045x	-113.80%
2011-12-31	Dkr2.58 Billion ≈ $403.03 Million	Dkr840.00 Million ≈ $131.42 Million	0.326x	+1503.65%
2010-12-31	Dkr2.75 Billion ≈ $430.88 Million	Dkr56.00 Million ≈ $8.76 Million	0.020x	+301.19%
2009-12-31	Dkr3.36 Billion ≈ $526.32 Million	Dkr-34.00 Million ≈ $-5.32 Million	-0.010x	-107.13%
2008-12-31	Dkr1.96 Billion ≈ $305.87 Million	Dkr277.00 Million ≈ $43.34 Million	0.142x	-69.36%
2007-12-31	Dkr1.52 Billion ≈ $237.19 Million	Dkr701.00 Million ≈ $109.68 Million	0.462x	-2.33%
2006-12-31	Dkr1.26 Billion ≈ $197.45 Million	Dkr597.50 Million ≈ $93.48 Million	0.473x	+207.89%
2005-12-31	Dkr961.80 Million ≈ $150.48 Million	Dkr147.90 Million ≈ $23.14 Million	0.154x	+745.39%
2004-12-31	Dkr1.25 Billion ≈ $195.68 Million	Dkr-29.80 Million ≈ $-4.66 Million	-0.024x	-109.28%
2003-12-31	Dkr596.10 Million ≈ $93.26 Million	Dkr153.10 Million ≈ $23.95 Million	0.257x	+225.01%
2002-12-31	Dkr613.30 Million ≈ $95.96 Million	Dkr-126.00 Million ≈ $-19.71 Million	-0.205x	-2818.21%
2000-12-31	Dkr1.60 Billion ≈ $250.08 Million	Dkr12.08 Million ≈ $1.89 Million	0.008x	--

About Vestas Wind Systems A/S

CO:VWS Denmark Specialty Industrial Machinery

Market Cap

$31.29 Billion

Dkr200.02 Billion DKK

Market Cap Rank

#873 Global

#5 in Denmark

Share Price

Dkr203.30

Change (1 day)

-1.07%

52-Week Range

Dkr116.00 - Dkr219.10

All Time High

Dkr311.05