Vestas Wind Systems A/S (ETR:VWSB)
Germany · Delayed Price · Currency is EUR 20.30
+0.21 (1.05%)
Nov 7, 2025, 5:35 PM CET
Vestas Wind Systems Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
Net Income | 937 | 499 | 77 | -1,572 | 134 | 765 | Upgrade |
Depreciation & Amortization | 694 | 584 | 553 | 558 | 605 | 393 | Upgrade |
Other Amortization | 272 | 272 | 237 | 276 | 309 | 237 | Upgrade |
Loss (Gain) From Sale of Assets | -13 | -13 | - | -8 | 6 | -374 | Upgrade |
Asset Writedown & Restructuring Costs | 10 | 10 | -4 | 254 | 68 | 54 | Upgrade |
Loss (Gain) on Equity Investments | 2 | 2 | -22 | -11 | -36 | 52 | Upgrade |
Stock-Based Compensation | 28 | 28 | 34 | 7 | 13 | 16 | Upgrade |
Other Operating Activities | 45 | 195 | 119 | 493 | -152 | 188 | Upgrade |
Change in Accounts Receivable | 238 | 238 | 655 | 836 | 122 | -843 | Upgrade |
Change in Inventory | 501 | 501 | 91 | -763 | -705 | 200 | Upgrade |
Change in Accounts Payable | 391 | 391 | -351 | -197 | 678 | 199 | Upgrade |
Change in Other Net Operating Assets | 50 | -375 | -362 | -68 | -86 | -144 | Upgrade |
Operating Cash Flow | 3,155 | 2,332 | 1,027 | -195 | 956 | 743 | Upgrade |
Operating Cash Flow Growth | 46.81% | 127.07% | - | - | 28.67% | -9.72% | Upgrade |
Capital Expenditures | -787 | -670 | -456 | -371 | -476 | -379 | Upgrade |
Sale of Property, Plant & Equipment | - | 13 | 55 | 48 | 3 | 1 | Upgrade |
Cash Acquisitions | -19 | - | - | - | - | 218 | Upgrade |
Divestitures | - | - | -8 | - | 95 | - | Upgrade |
Sale (Purchase) of Intangibles | -485 | -485 | -434 | -448 | -360 | -309 | Upgrade |
Investment in Securities | -60 | -204 | 49 | 79 | -221 | 202 | Upgrade |
Other Investing Activities | 18 | 5 | 12 | 13 | 60 | - | Upgrade |
Investing Cash Flow | -1,333 | -1,341 | -782 | -679 | -899 | -267 | Upgrade |
Long-Term Debt Issued | - | 84 | 1,137 | 1,756 | 642 | 94 | Upgrade |
Long-Term Debt Repaid | - | -522 | -383 | -860 | -1,095 | -119 | Upgrade |
Net Debt Issued (Repaid) | -291 | -438 | 754 | 896 | -453 | -25 | Upgrade |
Repurchase of Common Stock | -132 | -40 | -11 | - | -12 | - | Upgrade |
Common Dividends Paid | -74 | - | - | -50 | -228 | -209 | Upgrade |
Other Financing Activities | - | - | - | - | -22 | - | Upgrade |
Financing Cash Flow | -497 | -478 | 743 | 846 | -715 | -234 | Upgrade |
Foreign Exchange Rate Adjustments | 10 | -14 | -48 | -14 | 15 | -67 | Upgrade |
Net Cash Flow | 1,335 | 499 | 940 | -42 | -643 | 175 | Upgrade |
Free Cash Flow | 2,368 | 1,662 | 571 | -566 | 480 | 364 | Upgrade |
Free Cash Flow Growth | 51.31% | 191.07% | - | - | 31.87% | -2.15% | Upgrade |
Free Cash Flow Margin | 12.67% | 9.61% | 3.71% | -3.91% | 3.08% | 2.46% | Upgrade |
Free Cash Flow Per Share | 2.31 | 1.65 | 0.56 | -0.56 | 0.48 | 0.37 | Upgrade |
Cash Interest Paid | 124 | 124 | 205 | 37 | 39 | 40 | Upgrade |
Cash Income Tax Paid | 284 | 245 | 261 | 144 | 174 | 219 | Upgrade |
Levered Free Cash Flow | 1,969 | 980.63 | 51.63 | -271.63 | 322 | 273.63 | Upgrade |
Unlevered Free Cash Flow | 2,036 | 1,102 | 198.5 | -232.25 | 354.5 | 298.63 | Upgrade |
Change in Working Capital | 1,180 | 755 | 33 | -192 | 9 | -588 | Upgrade |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.