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

Latest as of December 2025: 0.68x

Vestas Wind Systems A/S (VWSA) has a Free Cash Flow Generation Index of 0.68x as of December 2025. Free cash flow of €889.00 Million represents 1% of operating cash flow (€1.30 Billion). See VWSA 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

€889.00 Million
EUR

Operating Cash Flow

€1.30 Billion
EUR

Capital Expenditures

€409.00 Million
EUR

Vestas Wind Systems A/S Free Cash Flow Generation Index (2016–2025)

Historical FCF Generation Index trend for Vestas Wind Systems A/S across 9 annual periods. Explore VWSA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Vestas Wind Systems A/S (2016–2025)

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

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.44x €1.01 Billion €2.29 Billion €1.28 Billion ▼ -12.6%
2024 0.50x €1.18 Billion €2.33 Billion €1.16 Billion ▲ +210.9%
2023 -0.46x €-263.00 Million €578.00 Million €841.00 Million ▼ -462.5%
2021 0.13x €120.00 Million €956.00 Million €476.00 Million ▲ +69.6%
2020 0.07x €55.00 Million €743.00 Million €379.00 Million ▲ +29.6%
2019 0.06x €47.00 Million €823.00 Million €451.00 Million ▼ -85.9%
2018 0.41x €414.00 Million €1.02 Billion €312.00 Million ▼ -41.9%
2017 0.70x €1.13 Billion €1.62 Billion €268.00 Million ▼ -43.0%
2016 1.22x €2.67 Billion €2.18 Billion €489.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).