Vodafone Group PLC

VOD Communication Services Telecom Services

Vodafone Group PLC’s revenue for fiscal 2026 (year ended March 2026) was $46.9 billion, up 16.6% from fiscal 2025.

15.98 0.30 −1.84%
Market cap
$37.0B
P/E
32.5×
Fwd P/E
13.4×
Dividend yield
3.41%
F-score
5/9
Altman Z
−0.70
Beneish M
−2.78
Dividend safety
37/100

Vodafone Group PLC (VOD) Debt to equity

Alert me on Debt to equity

Vodafone Group PLC's debt to equity at the end of the quarter to 31 March 2026 was 1.0×. Over the past ten years it has ranged from 0.5× (fiscal 2015) to 1.2× (fiscal 2022); the current reading is higher than 58% of that period. That is above the Telecom Services industry median of 0.6× and above the Communication Services sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 1.0× (1.78%)
FY2025 1.0× 5.51%
FY2024 0.9× (9.27%)
FY2023 1.0× (16.31%)
FY2022 1.2× 4.97%
FY2021 1.2× (1.77%)
FY2020 1.2× 42.94%
FY2019 0.8× 32.39%
FY2018 0.6× (0.21%)
FY2017 0.6× (6.21%)

Quarterly newest first

Period Debt to equity Change
Mar 2026 1.0× 6.51%
Sep 2025 0.9× (7.78%)
Mar 2025 1.0× 7.12%
Sep 2024 0.9× (1.50%)
19 more quarters

Against its own ten years

Low 0.5× High 1.2×
Ten-year median 1.0×
Current reading's percentile 58

Debt to equity against peers

Company Debt to equity
CHT Chunghwa Telecom Co., Ltd. compare 0.1×
VIV Telefonica Brasil S.A. compare 0.3×
ECHO EchoStar Corporation compare 0.6×
CMCSA Comcast Corporation compare 0.9×
VOD Vodafone Group PLC 1.0×
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 1.1×
ORANY Orange compare 1.4×
TELFY Telefonica SA compare 1.8×
CHTR Charter Communications, Inc. compare 4.4×
Telecom Services industry median 0.6×
Communication Services sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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