Vestas Wind Systems A/S (VWS) - Cash Flow Conversion Efficiency
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. See net asset quality index of Vestas Wind Systems A/S to measure how much of total assets are equity-financed.
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. Check VWS cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Taishin Financial Holding Co Ltd
TW:2887
|
0.023x |
|
China National Nuclear Power
SHG:601985
|
0.057x |
|
SIKA AG UNSP.ADR O.N.
F:SIKB
|
N/A |
|
ACS Actividades de Construccion y Servicios SA
MC:ACS
|
0.330x |
|
PTT Public Company Limited
F:NVA3
|
0.055x |
|
Expedia Group Inc.
NASDAQ:EXPE
|
2.141x |
|
CK HUTCHISON HLDGS ADR 1
F:2CKA
|
N/A |
|
Novonesis (Novozymes) A/S
CO:NSIS-B
|
0.015x |
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. For the full company profile with market capitalisation and key ratios, see Vestas Wind Systems A/S (VWS) total market value.
| 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
Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates through two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare p… Read more