Vodafone Group PLC VOD

16.62 0.13 0.79% as of 25 Sep
Market cap
$38.2B
P/E
33.8×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 20.25%

Capital & Financial Ratios

Market Cap 38,160.00
Revenue 94,839.70
Net Income (1,526.46)
Free Cash Flow 29,964.09
Net Debt 42,778.06
Current Ratio 1.14
Debt/Equity 0.97
P/E ratio 33.75
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth (35.00%)
This Y EPS Growth 0.29%
Next Y EPS Growth 19.27%
Next 5Y EPS Growth 9.37%
in millions of $

Dividends

Payout Ratio 0.21
Annual Dividend Rate 0.98
Annual Dividend Yield 10.90%
total individual payouts
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 0.06
0.28
2025 0.05
0.26
0.27
2024 0.72
0.49
0.23
2023 0.99
0.50
0.49
2022 0.95
0.46
0.49
2021 1.04
0.53
0.51
2020 1.08
0.53
0.55
2019 0.96
0.46
0.50
2018 1.75
1.19
0.55
2017 1.77
1.17
0.60
2016 2.13
1.02
0.51
0.60
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 19,497 12,237 19,794 18,269
Receivables 11,439 9,410 10,290 12,491
Inventory 996 616 663 691
Other 906 20,672 — 202
31,931 42,934 30,746 31,653
2023 2024 2025 2026
Payables 19,002 14,541 15,108 18,069
ST’ Debt 15,330 9,398 7,571 8,269
Other 1,207 8,412 1,145 848
36,016 32,777 24,445 27,829
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (2.71%) (1.72%) (0.47%)
Cash Flow 0.48% (3.79%) (4.11%)
Earnings 0.00% 0.00% 0.00%
Book Value (4.65%) (1.36%) (2.08%)

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 46,927
’25 — — — — 40,230
’24 — — — — 39,849
’23 — — — — 47,598
’22 — — — — 52,987
’21 — — — — 51,169
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 16,575 — 5,952 — 16,575
’25 16,515 — 6,206 — 16,515
’24 17,969 — 6,034 — 17,969
’23 18,801 — 6,325 — 18,801
’22 21,019 — 7,612 — 21,019
’21 20,107 — 7,762 — 20,107
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 11,168 — 1,971 — 8,330
’25 11,880 — 2,690 — 9,328
’24 13,407 — 1,232 — 10,540
’23 12,395 — 1,401 — 9,309
’22 14,317 — 2,066 — 10,525
’21 13,835 — 2,780 — 10,066
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — (0.19)
’25 — — — — (1.68)
’24 — — — — 0.46
’23 — — — — 5.14
’22 — — — — 0.84
’21 — — — — 0.04
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.6
1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
24.31 18.45 15.53 11.46 14.53 9.94 8.11 8.02 8.00 12.88

Analyst estimates 2027–2029

Powerpack
Low Price
31.99 32.75 21.72 20.53 20.36 19.05 12.53 10.39 13.30 17.71
High Price
111,556 106,135 98,996 104,000 105,000 104,000 104,000 93,000 92,000 91,128
Employees
0 1 1 0 0 1 0 0 0 1
Revenue/Emp
52,270 61,786 50,565 50,011 51,169 52,987 47,598 39,849 40,230 46,927
Revenue
27.41% 29.63% 30.93% 31.78% 31.32% 32.92% 32.50% 33.39% 33.43% 31.47%
Gross Margin
3,064 5,145 (3,026) 884 5,139 4,597 13,347 1,758 (1,588) 2,162
EBT
5.86% 8.33% (5.98%) 1.77% 10.04% 8.67% 28.04% 4.41% (3.95%) 4.61%
EBT Margin
(2,164) 6,311 (4,758) (506) 626 3,050 12,846 1,704 (4,024) (57)
Net Income
12,166 13,810 11,343 15,761 16,470 16,095 14,182 11,302 11,607 14,444
Depreciation
18.69 22.25 18.32 17.00 17.29 18.26 17.20 14.73 15.39 19.53
Revenue/Sh
(2.46) 1.03 (3.30) (0.35) 0.04 0.84 5.16 0.46 (1.68) (0.19)
Earnings/Sh
5.58 6.50 5.44 6.57 6.79 7.25 6.79 6.64 6.32 6.90
Cash Flow/Sh
(3.46) (3.88) (3.40) (2.85) (3.39) (3.62) (3.43) (2.75) (2.75) (3.43)
Capex/Sh
2.12 2.62 2.04 3.72 3.40 3.63 3.36 3.90 3.57 3.47
Free CF/Sh
28.92 32.78 26.61 23.67 22.82 22.83 24.26 24.47 22.15 26.24
Book Value/Sh
2,797 2,777 2,761 2,942 2,959 2,901 2,768 2,706 2,615 2,403
Shares
0.65 8.93 0.00 0.00 0.00 217.25 20.25 17.85 19.03 30.50
PE Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PS Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PB Ratio
0.00 0.00 0.00 0.61 0.61 0.61 0.51 0.52 0.39 0.45
EV/Sales
2.05 1.56 1.14 2.09 1.74 1.75 1.48 1.97 1.44 1.74
EV/FCF
15,608 18,043 15,031 19,325 20,107 21,019 18,801 17,969 16,515 16,575
Op' Cash Flow
(9,677) (10,775) (9,387) (8,389) (10,041) (10,494) (9,492) (7,429) (7,187) (8,245)
Capex
5,931 7,268 5,644 10,937 10,066 10,525 9,309 10,540 9,328 8,330
FCF
382 (1,424) 16,285 827 (515) (5,940) (4,084) 10,157 6,302 3,824
Working Cap'
51,110 57,392 61,322 83,086 79,144 81,482 69,139 61,848 57,092 61,047
Total Debt
34,699 39,522 30,462 60,432 61,647 63,548 49,641 49,611 37,298 42,778
Net Debt
80,899 91,021 73,469 69,639 67,529 66,236 67,153 66,201 57,922 63,053
Sh' Equity
(3.72%) 1.78% (5.18%) (0.58%) 0.07% 1.35% 7.23% 0.78% (3.04%) (0.32%)
ROA
2.21% 2.73% 1.79% 3.09% 2.88% 3.17% 8.00% 2.11% 2.89% 1.95%
ROIC
(7.58%) 3.76% (11.29%) (1.43%) 0.19% 3.63% 18.48% 1.86% (7.22%) (0.76%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Mar 2026

Vodafone Group PLC (VOD) key facts

  • Vodafone Group PLC (VOD) is a Telecom Services company in the Communication Services sector, traded in the US as an ADR.
  • Vodafone Group PLC’s revenue for fiscal 2026 (year ended March 2026) was GBP 46.9 billion, up 16.6% from fiscal 2025.
  • As of September 25, 2026, VOD traded at $16.62, a market capitalization of $38.2 billion.
  • Vodafone Group PLC pays an annual dividend of $0.98 per share, a yield of 10.9%, with a payout ratio of 21.1%.
  • Return on equity was −0.76% and debt-to-equity 0.97.

Source: company filings (standardised) and stockrow calculations.

Vodafone Group PLC (VOD) Latest News

News by impact score

Fine-tune

16 Sep

3

Drahi stake sale hit Vodafone's OXG earnings. Drahi stake sale reduced Vodafone OXG earnings and financial results.

12 Sep

3

5G fast lanes may enable prioritized traffic on Vodafone networks, raising risks of higher phone bills through tiered pricing and potential regulatory shifts in net neutrality. Net neutrality changes around 5G prioritization could affect Vodafone pricing models and short-term market sentiment without altering core strategy.

8 Sep

3

ASTS stock reaches nearly 3-week high as AST SpaceMobile seeks additional satellite tests while European telecom operators evaluate alternatives to Starlink. Satellite testing progress and European carrier interest in non-Starlink options may shift Vodafone's competitive positioning in connectivity services.

5 Sep

3

Vodafone stock fair value rises as analysts disagree on Germany and UK market outlooks. Analyst fair value revisions and differing regional views can moderately shift short-term sentiment on Vodafone without altering core trajectory.

3 Sep

3

Vodafone offers a paid solution to fix Britain's poor mobile internet connectivity. Premium UK mobile service launch may lift revenues without major strategic shift.

12 Aug

4

Vodafone advances UK direct-to-cell service with AST SpaceMobile toward imminent launch, lifting ASTS shares. Vodafone gains direct-to-cell UK service launch via AST SpaceMobile partnership.

10 Aug

3

ASTS satellite connectivity rollout across Europe raises prospects for Vodafone share gains via expanded network reach and new service capabilities. ASTS Europe rollout adds satellite options that may strengthen Vodafone competitive positioning without guaranteed major financial shifts.

6 Aug

3

AST SpaceMobile expands satellite mobile network operations across Europe through partnerships with leading operators including Vodafone Group. Vodafone gains satellite connectivity capabilities via AST SpaceMobile partnership that may enhance network reach without immediate core business overhaul.

3 Aug

4

Vodafone completes £4.3 billion VodafoneThree takeover and commits to faster operations with improved connectivity. The £4.3 billion VodafoneThree acquisition marks a major strategic consolidation that can reshape UK telecom competition and Vodafone's trajectory.

3

Liberty Global completes buyout of VodafoneZiggo joint venture and prepares Ziggo Group for 2027 stock listing. Vodafone exits its stake in the Dutch Ziggo joint venture.

28 Jul

3

Vodafone confirms its AST SpaceMobile partnership is definitely worthwhile and sets an early-2027 beta launch target. Partnership confirmation and 2027 beta launch target indicate moderate strategic progress for Vodafone's service expansion.

27 Jul

4

Vodafone is cutting 1,200 jobs across Europe as part of a £1.7 billion cost-reduction program. Large-scale job cuts and £1.7bn savings target represent a major strategic restructuring that directly improves margins and operational efficiency.

3

Amazon Leo aims to enable direct satellite connections for smartphones, potentially expanding global mobile coverage beyond traditional networks. Space-based smartphone links may shift competitive dynamics for Vodafone's core mobile services.

3

Vodafone Group PLC is cutting 1,200 jobs in Europe as part of a £1.7 billion cost-cutting drive. £1.7 billion cost cuts via European job reductions can improve Vodafone operational efficiency and margins.

3

Vodafone AGM focused on Three UK integration, dividend growth plans, and cash flow ambitions. AGM updates on UK merger integration and financial targets point to moderate operational and sentiment effects without major trajectory shifts.

3

Cost-cutting boosts Vodafone earnings with 1,200 European job losses. European job cuts deliver earnings gains through lower costs but signal limited structural shifts.

20 Jul

3

Vodafone encounters delays in mobile space projects, losing ground to Musk's initiatives. Delays in space-based mobile services weaken Vodafone's competitive stance against Musk-led ventures.

17 Jul

3

e& completes sale of Vodafone stake realizing USD 5.95 billion cash proceeds. Large stake divestment by e& increases free float and may shift near-term market sentiment around Vodafone shares.

3

e& completes sale of its Vodafone stake realizing USD 5.95 billion cash proceeds. Major shareholder divestiture alters ownership base and may shift near-term market sentiment.

16 Jul

3

Vodafone Group PLC receives update on investment in the company. Investment update may moderately affect financial position and market sentiment without fundamentally altering long-term trajectory.

13 Jul

4

Vega, owned by the Niel family, acquires a 16.2% stake in Vodafone Group PLC from e& for $5.95 billion. Transfer of a 16.2% stake introduces a new major shareholder with potential to alter governance and strategy.

10 Jul

4

Vodafone Group PLC stock price surged nearly 13% in a single trading session on unspecified positive developments. Sharp one-day gain signals material positive catalyst likely to influence near-term valuation and sentiment.

4

Vodafone Group PLC shares rise on a $6 billion development. $6 billion event drives notable stock gain and alters near-term trajectory.

4

Vodafone Group PLC shares surge 13% on recent developments driving investor buying. Events behind the 13% share spike signal major shifts in market perception of Vodafone.

4

UAE sells £4.4bn Vodafone stake to French telecoms tycoon. Large stake transfer shifts Vodafone ownership and may alter governance plus investor views.

4

UAE sells £4.4bn Vodafone stake to French telecoms tycoon. Large stake sale alters Vodafone ownership structure and market dynamics.

3

Vodafone Group PLC gains a prominent French telecom executive as a strategic kingmaker to influence key decisions and market positioning. French telecom executive appointment introduces moderate strategic influence on Vodafone European operations without major immediate financial shifts.

3

French billionaire acquires £4.4bn stake in Vodafone, becoming its largest shareholder. Large stake purchase by new major investor may shift governance dynamics and near-term market sentiment.

3

Vodafone Group receives investment to support operations and expansion. Investment supplies capital that can moderately influence financial position and strategy.

9 Jul

4

New Macrocell Radio Unit/Active Antenna Unit report details AT&T-Ericsson and Vodafone Open RAN modernization program. Vodafone Open RAN modernization program with AT&T-Ericsson marks major network infrastructure upgrade.

stockrow.com/VOD · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com