Vestas Wind Systems A/S (VWS) — Free Cash Flow Generation Index

Latest as of December 2025: 0.68x

Vestas Wind Systems A/S (VWS) has a Free Cash Flow Generation Index of 0.68x as of December 2025. Free cash flow of Dkr889.00 Million represents 1% of operating cash flow (Dkr1.30 Billion). See VWS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.68x
Free Cash Flow / Operating CF

Free Cash Flow

Dkr889.00 Million
DKK

Operating Cash Flow

Dkr1.30 Billion
DKK

Capital Expenditures

Dkr409.00 Million
DKK

Vestas Wind Systems A/S Free Cash Flow Generation Index (2000–2025)

Historical FCF Generation Index trend for Vestas Wind Systems A/S across 20 annual periods. Explore VWS operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Vestas Wind Systems A/S (2000–2025)

Year-by-year Free Cash Flow Generation Index for Vestas Wind Systems A/S. For the full company profile including market capitalisation, see Vestas Wind Systems A/S stock valuation.

Year FCG Index Free Cash Flow (DKK) Operating CF Capital Expenditures YoY Change
2025 0.65x Dkr1.48 Billion Dkr2.29 Billion Dkr819.72 Million ▲ +28.4%
2024 0.50x Dkr1.18 Billion Dkr2.33 Billion Dkr1.16 Billion ▲ +284.0%
2023 0.13x Dkr135.00 Million Dkr1.03 Billion Dkr892.00 Million ▲ +9.1%
2021 0.12x Dkr120.00 Million Dkr996.00 Million Dkr876.00 Million ▲ +62.8%
2020 0.07x Dkr55.00 Million Dkr743.00 Million Dkr688.00 Million ▲ +29.6%
2019 0.06x Dkr47.00 Million Dkr823.00 Million Dkr776.00 Million ▼ -85.9%
2018 0.41x Dkr414.00 Million Dkr1.02 Billion Dkr607.00 Million ▼ -41.9%
2017 0.70x Dkr1.13 Billion Dkr1.62 Billion Dkr491.00 Million ▼ -10.0%
2016 0.78x Dkr1.69 Billion Dkr2.18 Billion Dkr489.00 Million ▲ +3.4%
2015 0.75x Dkr1.10 Billion Dkr1.47 Billion Dkr368.00 Million ▼ -0.4%
2014 0.75x Dkr848.00 Million Dkr1.13 Billion Dkr278.00 Million ▼ -4.7%
2013 0.79x Dkr986.00 Million Dkr1.25 Billion Dkr262.00 Million ▲ +520.2%
2011 0.13x Dkr107.00 Million Dkr840.00 Million Dkr733.00 Million ▲ +101.0%
2010 -13.04x Dkr-730.00 Million Dkr56.00 Million Dkr786.00 Million ▼ -800.5%
2008 -1.45x Dkr-401.00 Million Dkr277.00 Million Dkr678.00 Million ▼ -386.7%
2007 0.50x Dkr354.00 Million Dkr701.00 Million Dkr347.00 Million ▼ -26.3%
2006 0.69x Dkr409.30 Million Dkr597.50 Million Dkr188.20 Million ▲ +3168.2%
2005 0.02x Dkr3.10 Million Dkr147.90 Million Dkr144.80 Million ▼ -92.0%
2003 0.26x Dkr40.30 Million Dkr153.10 Million Dkr112.80 Million ▼ -99.3%
2000 37.58x Dkr454.00 Million Dkr12.08 Million Dkr441.92 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).