Verizon Communications (VZ) FCF Margin (2009 - 2026)
Verizon Communications' (VZ) quarterly FCF Margin came in at 10.98% in Q1 2026, up 12.0% year-on-year from 9.81% in Q1 2025, and down 8.47% on a QoQ basis from 12.0% in Q4 2025.
Verizon Communications (VZ) FCF Margin (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of FCF Margin data on file, last reported at 10.98% in Q1 2026.
- On a quarterly basis, FCF Margin rose 12.0% year-over-year to 10.98% in Q1 2026; TTM through Mar 2026 was 14.57%, a 77.0% decrease from a year earlier, with the FY2025 full-year figure at 14.56%, down 14.0% from the prior year.
- FCF Margin for Q1 2026 stood at 10.98%, down 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.
- Historically, FCF Margin has averaged 13.26% across 5 years, with a median of 14.98% in 2025.
- Across the five-year window, FCF Margin plunged 1284 bps in 2022 and surged 687 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 4.73% in 2022, then soared by 145 bps to 11.6% in 2023, then climbed by 30 bps to 15.02% in 2024, then dropped by 20 bps to 12.0% in 2025, then slipped by 8 bps to 10.98% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 10.98% in Q1 2026, 12.0% in Q4 2025, and 20.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 30.98% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | - |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 17.93% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 10.98% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 21.05% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 16.16% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 32.97% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | - |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |