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) Free cash flow margin

Alert me on Free cash flow margin

Vodafone Group PLC's free cash flow margin over the twelve months to 31 March 2026 was 0.00%. Over the past ten years it has ranged from −3.01% (fiscal 2016) to 26.5% (fiscal 2024); the current reading is higher than 50% of that period. That is below the Telecom Services industry median of 2.87% and below the Communication Services sector median of 1.75%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 17.8% (5.44)
FY2025 23.2% (3.26)
FY2024 26.5% 6.89
FY2023 19.6% (0.30)
FY2022 19.9% 0.19
FY2021 19.7% (2.20)
FY2020 21.9% 10.71
FY2019 11.2% (0.60)
FY2018 11.8% 0.41
FY2017 11.4% 14.36

Against its own ten years

Low −3.01% High 26.5%
Ten-year median 18.7%
Current reading's percentile 50

Free cash flow margin against peers

Company Free cash flow margin
CHT Chunghwa Telecom Co., Ltd. compare 21.7%
VIV Telefonica Brasil S.A. compare 19.1%
CMCSA Comcast Corporation compare 13.9%
CHTR Charter Communications, Inc. compare 8.01%
TELFY Telefonica SA compare 4.54%
ORANY Orange compare 0.00%
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 0.00%
VOD Vodafone Group PLC 0.00%
ECHO EchoStar Corporation compare −4.38%
Telecom Services industry median 2.87%
Communication Services sector median 1.75%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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