Vestas Wind Systems A/S (CPH:VWS)
Denmark
· Delayed Price · Currency is DKK 154.60
-2.40 (-1.53%)
At close: Mar 9, 2026
Vestas Wind Systems Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Net Income | 778 | 499 | 77 | -1,572 | 134 | Upgrade
|
| Depreciation & Amortization | 669 | 580 | 553 | 558 | 605 | Upgrade
|
| Other Amortization | 369 | 272 | 237 | 276 | 309 | Upgrade
|
| Loss (Gain) From Sale of Assets | - | - | - | -8 | 6 | Upgrade
|
| Asset Writedown & Restructuring Costs | 21 | 10 | -4 | 254 | 68 | Upgrade
|
| Loss (Gain) on Equity Investments | -7 | 1 | -22 | -11 | -36 | Upgrade
|
| Stock-Based Compensation | 41 | 28 | 34 | 7 | 13 | Upgrade
|
| Provision & Write-off of Bad Debts | -8 | 18 | - | - | - | Upgrade
|
| Other Operating Activities | -157 | 169 | 119 | 493 | -152 | Upgrade
|
| Change in Accounts Receivable | -104 | 238 | 655 | 836 | 122 | Upgrade
|
| Change in Inventory | 247 | 501 | 91 | -763 | -705 | Upgrade
|
| Change in Accounts Payable | 637 | 391 | -351 | -197 | 678 | Upgrade
|
| Change in Other Net Operating Assets | -200 | -375 | -362 | -68 | -86 | Upgrade
|
| Operating Cash Flow | 2,286 | 2,332 | 1,027 | -195 | 956 | Upgrade
|
| Operating Cash Flow Growth | -1.97% | 127.07% | - | - | 28.67% | Upgrade
|
| Capital Expenditures | -821 | -670 | -456 | -371 | -476 | Upgrade
|
| Sale of Property, Plant & Equipment | 2 | 13 | 55 | 48 | 3 | Upgrade
|
| Cash Acquisitions | -19 | - | - | - | - | Upgrade
|
| Divestitures | - | - | -8 | - | 95 | Upgrade
|
| Sale (Purchase) of Intangibles | -457 | -485 | -434 | -448 | -360 | Upgrade
|
| Investment in Securities | 87 | -204 | 49 | 79 | -221 | Upgrade
|
| Other Investing Activities | 44 | 5 | 12 | 13 | 60 | Upgrade
|
| Investing Cash Flow | -1,164 | -1,341 | -782 | -679 | -899 | Upgrade
|
| Long-Term Debt Issued | 150 | 84 | 1,137 | 1,756 | 642 | Upgrade
|
| Long-Term Debt Repaid | -338 | -522 | -383 | -860 | -1,095 | Upgrade
|
| Net Debt Issued (Repaid) | -188 | -438 | 754 | 896 | -453 | Upgrade
|
| Repurchase of Common Stock | -282 | -40 | -11 | - | -12 | Upgrade
|
| Common Dividends Paid | -74 | - | - | -50 | -228 | Upgrade
|
| Other Financing Activities | - | - | - | - | -22 | Upgrade
|
| Financing Cash Flow | -544 | -478 | 743 | 846 | -715 | Upgrade
|
| Foreign Exchange Rate Adjustments | -11 | -14 | -48 | -14 | 15 | Upgrade
|
| Net Cash Flow | 567 | 499 | 940 | -42 | -643 | Upgrade
|
| Free Cash Flow | 1,465 | 1,662 | 571 | -566 | 480 | Upgrade
|
| Free Cash Flow Growth | -11.85% | 191.07% | - | - | 31.87% | Upgrade
|
| Free Cash Flow Margin | 7.78% | 9.61% | 3.71% | -3.91% | 3.08% | Upgrade
|
| Free Cash Flow Per Share | 1.46 | 1.65 | 0.56 | -0.56 | 0.48 | Upgrade
|
| Cash Interest Paid | 117 | 124 | 205 | 37 | 39 | Upgrade
|
| Cash Income Tax Paid | 275 | 245 | 261 | 144 | 174 | Upgrade
|
| Levered Free Cash Flow | 986.25 | 976.63 | 51.63 | -271.63 | 322 | Upgrade
|
| Unlevered Free Cash Flow | 1,077 | 1,098 | 198.5 | -232.25 | 354.5 | Upgrade
|
| Change in Working Capital | 580 | 755 | 33 | -192 | 9 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.