VZ FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
VZ's fcf yield is higher than 82% of the last 10 years.
FCF Yield History
VZ FCF Yield by year
Yearly range of VZ’s fcf yield from 2016 to 2026. Over the full period it ranged from -13.4% to 12.7%, averaging 5.6%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 9.1% | 10.4% | 12.2% | 10.2% |
| 2025 | 9.6% | 11.2% | 12.7% | 11.5% |
| 2024 | 9.3% | 10.6% | 11.7% | 11.2% |
| 2023 | 5.9% | 8.8% | 12.0% | 9.8% |
| 2022 | -13.4% | 1.2% | 7.3% | 6.6% |
| 2021 | -13.1% | -5.7% | 9.6% | -13.1% |
| 2020 | 6.7% | 7.8% | 9.5% | 8.8% |
| 2019 | 6.5% | 7.1% | 7.9% | 6.7% |
| 2018 | 3.0% | 5.0% | 7.0% | 7.0% |
| 2017 | -0.4% | 1.3% | 2.7% | 1.9% |
| 2016 | 5.1% | 5.9% | 7.5% | 5.1% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is VZ FCF Yield High or Low Right Now?
Verizon Communications Inc.'s FCF Yield is currently 10.2%, which is historically high relative to its 10-year historical range. The 10-year median FCF Yield for VZ is approximately 7.2%. See all VZ valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.