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

Latest as of September 2025: 0.241x

Based on the latest financial reports, Vestas Wind Systems A/S (VWSA) has a cash flow conversion efficiency ratio of 0.241x as of September 2025. 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 (€840.00 Million ≈ $982.05 Million USD) by net assets (€3.48 Billion ≈ $4.07 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Vestas Wind Systems A/S - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Vestas Wind Systems A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Vestas Wind Systems A/S (VWSA) financial obligations for a breakdown of total debt and financial obligations.

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
Telus Corp TO:T	0.068x
EchoStar Corporation NASDAQ:SATS	0.016x
Incyte Corporation NASDAQ:INCY	0.105x
Vantage Towers AG HM:VTWR	N/A
Mirae Asset Daewoo Securities Co Ltd KO:006800	-0.338x
YPF S.A. D BA:YPFD	0.105x
China Minsheng Banking Corp Ltd SHG:600016	0.014x
RB Global TO:RBA	0.044x

Annual Cash Flow Conversion Efficiency for Vestas Wind Systems A/S (2016–2024)

The table below shows the annual cash flow conversion efficiency of Vestas Wind Systems A/S from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see VWSA company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€3.54 Billion ≈ $4.14 Billion	€2.33 Billion ≈ $2.73 Billion	0.658x	+246.51%
2023-12-31	€3.04 Billion ≈ $3.56 Billion	€578.00 Million ≈ $675.74 Million	0.190x	+398.16%
2022-12-31	€3.06 Billion ≈ $3.58 Billion	€-195.00 Million ≈ $-227.98 Million	-0.064x	-131.74%
2021-12-31	€4.76 Billion ≈ $5.57 Billion	€956.00 Million ≈ $1.12 Billion	0.201x	+27.10%
2020-12-31	€4.70 Billion ≈ $5.50 Billion	€743.00 Million ≈ $868.65 Million	0.158x	-35.79%
2019-12-31	€3.35 Billion ≈ $3.91 Billion	€823.00 Million ≈ $962.17 Million	0.246x	-25.20%
2018-12-31	€3.10 Billion ≈ $3.63 Billion	€1.02 Billion ≈ $1.19 Billion	0.329x	-37.01%
2017-12-31	€3.11 Billion ≈ $3.64 Billion	€1.62 Billion ≈ $1.90 Billion	0.522x	-23.63%
2016-12-31	€3.19 Billion ≈ $3.73 Billion	€2.18 Billion ≈ $2.55 Billion	0.684x	--

About Vestas Wind Systems A/S

F:VWSA Germany Specialty Industrial Machinery

Market Cap

$29.17 Billion

€24.95 Billion EUR

Market Cap Rank

#1310 Global

#293 in Germany

Share Price

€8.35

Change (1 day)

-0.60%

52-Week Range

€3.78 - €8.85

All Time High

€14.08