Verizon Communications Inc. VZ
- Market cap
- $197.0B
- P/E
- 12.3×
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Verizon Communications Inc. (VZ) Free cash flow margin
Verizon Communications Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 14.5%, up 0.3 percentage points from fiscal 2025 (14.2%). Over the past ten years it has ranged from −21.2% (fiscal 2021) to 15.3% (fiscal 2020); the current reading is higher than 91% of that period. That is above the Telecom Services industry median of 4.73% and above the Communication Services sector median of 0.63%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 14.2% | 0.20 |
| FY2024 | 14.0% | 4.40 |
| FY2023 | 9.64% | 2.04 |
| FY2022 | 7.60% | 28.81 |
| FY2021 | −21.2% | (36.55) |
| FY2020 | 15.3% | 2.52 |
| FY2019 | 12.8% | 0.40 |
| FY2018 | 12.4% | 7.27 |
| FY2017 | 5.15% | 1.90 |
| FY2016 | 3.25% | (5.34) |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| CHT Chunghwa Telecom Co., Ltd. compare | 21.7% |
| TMUS T-Mobile US, Inc. compare | 17.8% |
| VZ Verizon Communications Inc. | 14.5% |
| CMCSA Comcast Corporation compare | 14.3% |
| T AT&T Inc. compare | 13.9% |
| AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare | 0.00% |
| VOD Vodafone Group PLC compare | 0.00% |
| ORANY Orange compare | 0.00% |
| ECHO EchoStar Corporation compare | −4.95% |
| Telecom Services industry median | 4.73% |
| Communication Services sector median | 0.63% |
| 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
More on VZ
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement