Verizon Communications VZ
NYSE VZ
$49.45 +0.26 (+0.53%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
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