Verizon Communications VZ
NYSE VZ
$49.76 -0.65 (-1.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

Verizon Communications (VZ) FCF Margin (2009 - 2026)

Verizon Communications' (VZ) quarterly FCF Margin came in at 18.76% in Q2 2026, up 379.0% year-over-year from 3.92% in Q2 2025, and up 70.79% quarter-over-quarter from 10.98% in Q1 2026.

Analysis

Verizon Communications (VZ) FCF Margin (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has reported FCF Margin for 18 consecutive years, with 18.76% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 379.0% year-over-year to 18.76% in Q2 2026; TTM through Jun 2026 was 15.5%, a 81.0% increase from a year earlier, with the FY2025 full-year figure at 14.56%, down 14.0% from the prior year.
  • FCF Margin was 18.76% for Q2 2026 at Verizon Communications, up from 10.98% in the prior quarter.
  • Over five years, FCF Margin peaked at 20.57% in Q3 2025 and troughed at 2.98% in Q1 2022.
  • A 5-year average of 13.56% and a median of 15.0% in 2024 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin tumbled 1284 bps in 2022 and soared 687 bps in 2023, its largest moves.
  • Over 5 years, FCF Margin stood at 4.73% in 2022, then surged by 145 bps to 11.6% in 2023, then increased by 30 bps to 15.02% in 2024, then fell by 20 bps to 12.0% in 2025, then jumped by 56 bps to 18.76% in 2026.
  • The last three FCF Margin figures came in at 18.76% (Q2 2026), 10.98% (Q1 2026), and 12.0% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Verizon Communications 208.28 Bn 207.80 Bn 27.03 Bn 18.76%
2 T-Mobile US 195.10 Bn 192.28 Bn 17.74 Bn 21.05%
3 At&T 175.90 Bn 174.32 Bn 25.25 Bn 16.16%
4 Chunghwa Telecom 34.00 Bn 31.91 Bn 728.80 Mn 16.61%
5 Rogers Communications 20.60 Bn 23.90 Bn 1.77 Bn 39.39%
6 Telefonica Brasil 18.63 Bn 16.94 Bn 1.42 Bn -
7 Telus 14.98 Bn 14.45 Bn - 24.06%
8 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.67 Bn -40,057.33 Bn - -
9 Bce 14.36 Bn 14.24 Bn - 52.49%
10 Kt 9.55 Bn 12.24 Bn - -52.15%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.76%
Mar 31, 2026 10.98%
Dec 31, 2025 12.00%
Sep 30, 2025 20.57%
Jun 30, 2025 14.98%
Mar 31, 2025 10.86%
Dec 31, 2024 15.02%
Sep 30, 2024 17.89%
Jun 30, 2024 17.65%
Mar 31, 2024 8.21%
Dec 31, 2023 11.60%
Sep 30, 2023 20.05%
Jun 30, 2023 17.24%
Mar 31, 2023 7.08%
Dec 31, 2022 4.73%
Sep 30, 2022 15.23%
Jun 30, 2022 18.27%
Mar 31, 2022 2.98%
Dec 31, 2021 5.73%
Sep 30, 2021 16.95%