Verizon Communications (VZ) FCF Payout Ratio (2009 - 2026)
Verizon Communications (VZ) posted quarterly FCF Payout Ratio of 0.46 for Q2 2026, down 16.83% year-over-year from 0.55 in Q2 2025, and down 40.24% on a QoQ basis from 0.77 in Q1 2026.
Verizon Communications (VZ) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Verizon Communications has reported FCF Payout Ratio for 18 years, with the latest figure at 0.46 in Q2 2026.
- FCF Payout Ratio for Q2 2026 came in at 0.46, down 16.83% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.54 (down 4.29% YoY), and the FY2025 annual result was 0.57, up 0.52% from the prior year.
- FCF Payout Ratio fell to 0.46 in Q2 2026, from 0.77 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 2.65 in Q1 2022 and troughed at 0.41 in Q3 2023.
- A 5-year average of 0.79 and a median of 0.54 in 2024 frame the typical range for FCF Payout Ratio.
- The widest annual swing landed in 2022, when FCF Payout Ratio jumped 430.6%; it then slumped 58.29% in 2023.
- A 5-year view of FCF Payout Ratio shows it stood at 1.64 in 2022, then slumped by 58.29% to 0.69 in 2023, then decreased by 22.48% to 0.53 in 2024, then gained by 25.46% to 0.67 in 2025, then tumbled by 31.08% to 0.46 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.46 in Q2 2026, 0.77 in Q1 2026, and 0.67 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 0.46 |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 0.23 |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | - |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 0.39 |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | - |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | - |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | 1.20 |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | - |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | - |
| 10 | Charter Communications | 18.08 Bn | 17.57 Bn | - | 0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.55 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.48 |
| Mar 31, 2024 | 1.03 |
| Dec 31, 2023 | 0.69 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 1.18 |
| Dec 31, 2022 | 1.64 |
| Sep 30, 2022 | 0.52 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 2.65 |
| Dec 31, 2021 | 1.36 |
| Sep 30, 2021 | 0.47 |