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 VWS cash flow metrics to assess how effectively this company generates cash.
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 cash flow reinvestment rate of Vestas Wind Systems A/S to assess the company's total reinvestment commitment from operating cash flow.
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 market cap of Vestas Wind Systems A/S.
| 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 | — |