Verizon Communications Inc.
VZNYSECommunication Services● Active
$45.44
+$0.07(+0.15%)
Market Cap$189.7B
P/E Ratio—
52W High$51.68
52W Low$38.39
Verizon Communications Inc. (VZ) · Cash Flow
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · VZ · as of 2026-06-10
Financial statements
Operating CF · CapEx · Free Cash Flow
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $17.17B | $17.95B | $12.10B | $21.75B | $22.62B |
| Depreciation & Amort. | $18.35B | $17.89B | $17.62B | $17.10B | $16.21B |
| Stock-Based Comp. | $0.00B | $0.00B | $0.00B | $0.61B | $0.00B |
| Change in Working Capital | ($2.32B) | ($2.28B) | ($0.27B) | ($0.46B) | ($0.89B) |
| Net Cash from Operations | $37.14B | $36.91B | $37.48B | $37.14B | $39.54B |
| Investing Activities | |||||
| Capital Expenditure | ($17.01B) | ($17.99B) | ($18.77B) | ($26.74B) | ($20.29B) |
| Purchases of Investments | $0.00B | $0.00B | $0.00B | ($2.27B) | ($0.02B) |
| Sales of Investments | $0.00B | $0.00B | $0.00B | $0.00B | $0.02B |
| Net Cash from Investing | ($16.66B) | ($18.67B) | ($23.43B) | ($28.66B) | ($67.15B) |
| Financing Activities | |||||
| Common Stock Repurchased | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Dividends Paid | ($11.48B) | ($11.25B) | ($11.03B) | ($10.80B) | ($10.45B) |
| Debt Issued / Repaid | $7.82B | ($4.78B) | ($2.16B) | $4.35B | $22.55B |
| Net Cash from Financing | ($5.61B) | ($17.10B) | ($14.66B) | ($8.53B) | $8.28B |
| Free Cash Flow | |||||
| Free Cash Flow | $20.13B | $18.92B | $18.71B | $10.40B | $19.25B |
| FCF Margin %(computed) | 14.56% | 14.04% | 13.96% | 7.60% | 14.41% |
Data source: Financial Modeling Prep · Last updated: 2026-06-10 · USD · B
Explore more Verizon Communications Inc. data
About Verizon Communications Inc. (VZ) Cash Flow Statement
Verizon Communications Inc. generated operating cash flow of $37.14B and free cash flow of $20.13B for 2025 — a FCF margin of 14.56%. Capital expenditure was ($17.01B).
Frequently asked questions
VZ · 4 questionsVerizon Communications Inc. generated free cash flow of $20.13B for 2025, up 6.4% year-over-year.
VZ free cash flowFCF margincash flow yield
· Source: FMP /stable/cash-flow-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-10