Vestas Wind Systems A/S (VWS) — Cash Flow Quality Index
Vestas Wind Systems A/S (VWS) has a Cash Flow Quality Index of -4.13x as of March 2026. Operating cash flow of Dkr-289.00 Million is below net income of Dkr70.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore long-term investment intensity of Vestas Wind Systems A/S to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Vestas Wind Systems A/S Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Vestas Wind Systems A/S across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Vestas Wind Systems A/S (VWS) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Vestas Wind Systems A/S (2002–2025)
Year-by-year earnings quality comparison for Vestas Wind Systems A/S. For live market cap and the full company financial profile, see VWS market cap overview.
| Year | Quality Index | Operating CF (DKK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.93x | Dkr2.29 Billion | Dkr780.00 Million | ▼ -37.9% |
| 2024 | 4.72x | Dkr2.33 Billion | Dkr494.00 Million | ▼ -64.1% |
| 2023 | 13.17x | Dkr1.03 Billion | Dkr78.00 Million | ▲ +132.7% |
| 2021 | 5.66x | Dkr996.00 Million | Dkr176.00 Million | ▲ +487.2% |
| 2020 | 0.96x | Dkr743.00 Million | Dkr771.00 Million | ▼ -18.0% |
| 2019 | 1.18x | Dkr823.00 Million | Dkr700.00 Million | ▼ -21.4% |
| 2018 | 1.49x | Dkr1.02 Billion | Dkr683.00 Million | ▼ -17.8% |
| 2017 | 1.82x | Dkr1.62 Billion | Dkr894.00 Million | ▼ -19.6% |
| 2016 | 2.26x | Dkr2.18 Billion | Dkr965.00 Million | ▲ +5.2% |
| 2015 | 2.15x | Dkr1.47 Billion | Dkr685.00 Million | ▼ -25.2% |
| 2014 | 2.87x | Dkr1.13 Billion | Dkr392.00 Million | ▲ +700.2% |
| 2010 | 0.36x | Dkr56.00 Million | Dkr156.00 Million | ▲ +711.3% |
| 2009 | -0.06x | Dkr-34.00 Million | Dkr579.00 Million | ▼ -110.8% |
| 2008 | 0.54x | Dkr277.00 Million | Dkr511.00 Million | ▼ -77.5% |
| 2007 | 2.41x | Dkr701.00 Million | Dkr291.00 Million | ▼ -55.3% |
| 2006 | 5.39x | Dkr597.50 Million | Dkr110.90 Million | ▲ +25.3% |
| 2003 | 4.30x | Dkr153.10 Million | Dkr35.60 Million | ▲ +253.9% |
| 2002 | -2.79x | Dkr-126.00 Million | Dkr45.10 Million | — |