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| 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% |