Verizon Communications VZ
NYSE VZ
$50.60 +0.64 (+1.28%)
At close: Sep 11, 2026 · 4:00 PM EDT

Verizon Communications (VZ) FCF Payout Ratio (2009 - 2026)

Verizon Communications' (VZ) quarterly FCF Payout Ratio came in at 0.46 in Q2 2026, down 16.83% year-over-year from 0.55 in Q2 2025, and down 40.24% quarter-over-quarter from 0.77 in Q1 2026.

Analysis

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

Verizon Communications (VZ) has reported FCF Payout Ratio for 18 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Payout Ratio fell 16.83% year-over-year to 0.46 in Q2 2026; TTM through Jun 2026 was 0.54, a 4.29% decrease from a year earlier, with the FY2025 full-year figure at 0.57, up 0.52% from the prior year.
  • FCF Payout Ratio was 0.46 for Q2 2026 at Verizon Communications, down 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.
  • Across the five-year window, FCF Payout Ratio surged 430.6% in 2022 and tumbled 58.29% in 2023, its largest moves.
  • Over 5 years, FCF Payout Ratio stood at 1.64 in 2022, then plunged by 58.29% to 0.69 in 2023, then fell by 22.48% to 0.53 in 2024, then increased by 25.46% to 0.67 in 2025, then sank by 31.08% to 0.46 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.46 (Q2 2026), 0.77 (Q1 2026), and 0.67 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Verizon Communications 210.23 Bn 209.76 Bn 27.03 Bn 0.46
2 T-Mobile US 195.97 Bn 193.15 Bn 17.74 Bn 0.23
3 At&T 178.50 Bn 176.92 Bn 25.25 Bn 0.39
4 Chunghwa Telecom 34.81 Bn 32.72 Bn 728.80 Mn 0.00
5 Bce 21.79 Bn 21.68 Bn - 0.01
6 Rogers Communications 19.56 Bn 22.86 Bn 1.77 Bn 0.12
7 Telefonica Brasil 18.93 Bn 17.25 Bn 1.42 Bn -
8 Millicom International Cellular 16.34 Bn 15.39 Bn - -
9 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.80 Bn -40,057.20 Bn - -
10 Telus 14.09 Bn 13.57 Bn - 0.36
Historic Data

Historic Data

Download Data
DateValue
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