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) Operating margin

Alert me on Operating margin

Vodafone Group PLC's operating margin over the twelve months to 30 September 2023 was 0.00%. Over the past ten years it has ranged from 4.46% (fiscal 2016) to 31.4% (fiscal 2023); the current reading is higher than 33% of that period. That is below the Telecom Services industry median of 9.22% and below the Communication Services sector median of 0.94%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2026 7.03% (3.93)
FY2025 11.0% 1.15
FY2024 9.81% (21.61)
FY2023 31.4% 18.99
FY2022 12.4% 0.80
FY2021 11.6% (1.23)
FY2020 12.9% 6.97
FY2019 5.89% (3.34)
FY2018 9.23% 1.41
FY2017 7.82% 3.36

Quarterly newest first

Period Operating margin Change (points)
Sep 2023 0.00% 0.00
Mar 2023 0.00% 0.00
Sep 2022 0.00% 0.00
Mar 2022 0.00% 0.00
7 more quarters

Against its own ten years

Low 4.46% High 31.4%
Ten-year median 9.52%
Current reading's percentile 33

Operating margin against peers

Company Operating margin
CHTR Charter Communications, Inc. compare 23.3%
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 21.0%
CHT Chunghwa Telecom Co., Ltd. compare 20.4%
VIV Telefonica Brasil S.A. compare 17.0%
CMCSA Comcast Corporation compare 14.7%
TELFY Telefonica SA compare 3.78%
ECHO EchoStar Corporation compare 2.25%
ORANY Orange compare 0.00%
VOD Vodafone Group PLC 0.00%
Telecom Services industry median 9.22%
Communication Services sector median 0.94%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on VOD