Companies: 10,795·Total market cap: $144.5T
Verizon Communications, 5.9% 15 Feb 2054

Verizon Communications, 5.9% 15 Feb 2054

VZANYSECommunication Services
$25.55
$-0.11(-0.43%)
Market Cap$241.3B
P/E Ratio
52W High$25.79
52W Low$25.34
Overview

Verizon Communications, 5.9% 15 Feb 2054 (VZA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

VZA · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $19.68B for FY2025 (fiscal year ending 2025-12-31), up 4.0% year-over-year The FCF margin was 14.2%. Five-year CAGR stands at -1.7%.

FY2025 Free Cash Flow$19.68B▲ +4.0% YoY
Trailing 12M (TTM)$37.32Btrailing 4 quarters sum
FCF Margin14.2%$19.68B ÷ revenue
3-Year CAGR+23.7%FY2022 → FY2025
5-Year CAGR-1.7%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
vza free cash flow history · vza free cash flow chart · vza free cash flow growth rate · vza free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$19.68B▲ +4.0%14.2%
FY2024$18.92B▲ +46.5%14.0%
FY2023$12.91B▲ +24.1%9.6%
FY2022$10.40B▲ +136.7%7.6%
FY2021−$28.34B▼ 232.1%-21.2%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
vza free cash flow 2025 · vza free cash flow 2024 · vza free cash flow 2023 · vza operating cash flow

FCF valuation metrics

Verizon Communications, 5.9% 15 Feb 2054 (VZA) trades at a FCF yield of 10.59% and a price-to-free-cash-flow ratio of 2.9x. FCF per share stands at $8.82, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
10.59%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$8.82
TTM FCF ÷ Shares Outstanding
Price / FCF
x2.9
Share Price ÷ FCF per Share
EV / FCF (TTM)
x18.8
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
vza price to free cash flow · vza free cash flow yield · vza free cash flow per share · vza price to cash flow ratio

Cash flow statement summary

For FY2025, Verizon Communications, 5.9% 15 Feb 2054 generated $37.14B in operating cash flow and spent 17.46B in capital expenditures, yielding $19.68B in free cash flow.

Operating Activities
+$37.14B
Cash from core business operations
2025-12-31
Investing Activities
−$16.66B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$5.61B
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($37.14B) − |CapEx| (17.46B) = FCF ($19.68B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
vza cash flow statement · vza cash flow statement 2025 · vza operating cash flow · vza cash flow from operations

Free cash flow vs peers (Communication Services)

#CompanyFree Cash FlowYoY
#1
Verizon Communications, 5.9% 15 Feb 2054
Verizon Communications, 5.9% 15 Feb 2054YOU
VZA
$19.68B+4.0%
#2
Alphabet Inc.
Alphabet Inc.
GOOGL
$73.27B+0.7%
#3
Alphabet Inc.
Alphabet Inc.
GOOG
$73.27B+0.7%
#4
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$46.11B-14.7%
#5
T-Mobile US, Inc.
T-Mobile US, Inc.
TMUS
$18.00B+80.3%
#6
Netflix, Inc.
Netflix, Inc.
NFLX
$9.46B+36.7%
Communication Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Verizon Communications, 5.9% 15 Feb 2054 (VZA) reported free cash flow of $19.68B for FY2025 (fiscal year ending 2025-12-31), up 4.0% year-over-year. The FCF margin was 14.2%.

Based on available data, Verizon Communications, 5.9% 15 Feb 2054 has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $21.63B in FY2013. The 5-year CAGR stands at -1.7%.

Verizon Communications, 5.9% 15 Feb 2054's FCF yield is 10.59% and price-to-FCF ratio is 2.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

VZA free cash flow · 8 questions

Verizon Communications, 5.9% 15 Feb 2054 free cash flow was $19.68B for FY2025, up 4.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $37.32B.

VZA free cash flowVZA FCFVZA FCF 2025VZA free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Verizon Communications, 5.9% 15 Feb 2054 · Verizon Communications, 5.9% 15 Feb 2054 SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026