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

Verizon Communications (VZ) posted quarterly FCF Margin of 10.98% for Q1 2026, up 12.0% YoY from 9.81% in Q1 2025, and down 8.47% sequentially from 12.0% in Q4 2025.

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

Verizon Communications has disclosed FCF Margin across 18 years of filings, most recently posting 10.98% for Q1 2026.

  • In Q1 2026, FCF Margin rose 12.0% year-over-year to 10.98%; the TTM figure through Mar 2026 stood at 14.57% (down 77.0% YoY), while the FY2025 annual figure was 14.56%, down 14.0% from the prior year.
  • FCF Margin eased to 10.98% in Q1 2026, from 12.0% in the prior quarter.
  • Over the last five years, FCF Margin for VZ reached as high as 20.57% in Q3 2025 and fell as low as 2.98% in Q1 2022.
  • The 5-year median for FCF Margin is 14.98% (2025), against an average of 13.26%.
  • Annual changes were most pronounced in 2022 — FCF Margin plunged 1284 bps — and 2023, when it jumped 687 bps.
  • A 5-year view of FCF Margin shows it stood at 4.73% in 2022, then soared by 145 bps to 11.6% in 2023, then rose by 30 bps to 15.02% in 2024, then retreated by 20 bps to 12.0% in 2025, then fell by 8 bps to 10.98% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 10.98%, 12.0%, and 20.57% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 19.90%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 10.98%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 8.63%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.66%
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 38.24%
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 43.87%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn 13.11%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 19.32%