Vestas Wind Systems A/S (VWS) — Free Cash Flow Generation Index
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). Explore reinvestment intensity of Vestas Wind Systems A/S to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
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. For the full cash flow conversion analysis, see Vestas Wind Systems A/S operating cash flow efficiency.
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. Check Vestas Wind Systems A/S (VWS) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |