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

Verizon Communications (VZ) reported FCF Margin of 10.98% for Q1 2026, up 12.0% year-over-year from 9.81% in Q1 2025, and down 8.47% quarter-over-quarter 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.

  • FCF Margin for Q1 2026 came in at 10.98%, up 12.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.57% (down 77.0% YoY), and the FY2025 annual result was 14.56%, down 14.0% from the prior year.
  • FCF Margin retreated to 10.98% in Q1 2026 per VZ's latest filing, from 12.0% 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 13.26% and a median of 14.98% in 2025 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin slumped 1284 bps in 2022, then jumped 687 bps in 2023.
  • 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.
  • Business Quant data shows VZ's FCF Margin at 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 Bce 382.57 Bn 381.58 Bn - 32.26%
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 19.90%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 10.98%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 8.63%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -9.13%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 7.58%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 38.24%
9 Veon 82.81 Bn 80.59 Bn - 32.97%
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 2.86%

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%