Vestas Wind Systems A/S (VWSA) — Cash Flow Quality Index
Vestas Wind Systems A/S (VWSA) has a Cash Flow Quality Index of -3.52x as of March 2026. Operating cash flow of €-289.00 Million is below net income of €82.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore VWSA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Vestas Wind Systems A/S Cash Flow Quality Index (2016–2025)
Historical Cash Flow Quality Index for Vestas Wind Systems A/S across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Vestas Wind Systems A/S cash conversion from operations.
Annual Cash Flow Quality Index for Vestas Wind Systems A/S (2016–2025)
Year-by-year earnings quality comparison for Vestas Wind Systems A/S.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.94x | €2.29 Billion | €778.00 Million | ▼ -37.1% |
| 2024 | 4.67x | €2.33 Billion | €499.00 Million | ▼ -37.7% |
| 2023 | 7.51x | €578.00 Million | €77.00 Million | ▲ +31.1% |
| 2021 | 5.72x | €956.00 Million | €167.00 Million | ▲ +489.4% |
| 2020 | 0.97x | €743.00 Million | €765.00 Million | ▼ -16.9% |
| 2019 | 1.17x | €823.00 Million | €704.00 Million | ▼ -21.7% |
| 2018 | 1.49x | €1.02 Billion | €684.00 Million | ▼ -17.9% |
| 2017 | 1.82x | €1.62 Billion | €894.00 Million | ▼ -19.6% |
| 2016 | 2.26x | €2.18 Billion | €965.00 Million | — |