Question 1

What is Verizon's P/FCF ratio?

Accepted Answer

Verizon (VZ) P/FCF ratio is 9.5× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Verizon?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Verizon specifically, the relevant sector benchmark is the current sector median of 21.7×.

Question 5

Is Verizon's P/FCF ratio high or low?

Accepted Answer

Verizon's P/FCF ratio of 9.5× is below its own 5-year average of 11.7× and below the sector median of 21.7×. That places the current reading at the 36th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Verizon's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Verizon (VZ) P/FCF ratio has ranged from a low of 4.2× in 2010 to a high of 98.9× in 2017. The 5-year average is 11.7× and the 5-year median is 9.6×.

Question 7

What was Verizon's P/FCF ratio in 2025?

Accepted Answer

Verizon (VZ) P/FCF ratio at the end of 2025 was 8.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Verizon's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$172.29B	$19.79B	8.7×	-0.2×	Dec 31, 2025
2024	$168.72B	$18.92B	8.9×	+0.4×	Dec 31, 2024
2023	$158.87B	$18.71B	8.5×	-7.4×	Dec 31, 2023
2022	$165.64B	$10.40B	15.9×	—	Dec 31, 2022
2021	$216.52B	−$28.34B	—	—	Dec 31, 2021
2020	$243.22B	$21.45B	11.3×	-3.7×	Dec 31, 2020
2019	$254.13B	$16.91B	15.0×	+0.7×	Dec 31, 2019
2018	$232.58B	$16.25B	14.3×	-17.8×	Dec 31, 2018
2017	$216.32B	$6.73B	32.1×	-9.6×	Dec 31, 2017
2016	$217.84B	$5.22B	41.8×	+32.9×	Dec 31, 2016
2015	$188.39B	$21.16B	8.9×	-5.9×	Dec 31, 2015
2014	$193.64B	$13.09B	14.8×	+8.3×	Dec 31, 2014
2013	$140.88B	$21.63B	6.5×	-4.4×	Dec 31, 2013
2012	$123.80B	$11.38B	10.9×	+2.5×	Dec 31, 2012
2011	$113.74B	$13.54B	8.4×	+2.4×	Dec 31, 2011
2010	$101.22B	$16.81B	6.0×	-0.0×	Dec 31, 2010
2009	$87.96B	$14.52B	6.1×	-2.7×	Dec 31, 2009
2008	$89.97B	$10.24B	8.8×	-5.7×	Dec 31, 2008
2007	$119.22B	$8.20B	14.5×	-0.2×	Dec 31, 2007
2006	$103.24B	$7.00B	14.7×	+2.6×	Dec 31, 2006
2005	$80.86B	$6.69B	12.1×	+0.0×	Dec 31, 2005
2004	$103.28B	$8.56B	12.1×	+3.6×	Dec 31, 2004
2003	$89.47B	$10.57B	8.5×	-1.2×	Dec 31, 2003
2002	$98.05B	$10.14B	9.7×	-39.8×	Dec 31, 2002
2001	$118.82B	$2.40B	49.5×	—	Dec 31, 2001


Alphabet (GOOGL)	54.0×
DoorDash (DASH)	37.3×
Netflix (NFLX)	34.1×
Meta (META)	30.0×
Reddit (RDDT)	29.7×
Warner Bros. Discovery (WBD)	29.6×
Live Nation Entertainment (LYV)	28.7×
Spotify (SPOT)	27.0×
News (NWSA)	24.7×
Paramount Skydance (PSKY)	24.5×
Walt Disney (DIS)	23.0×
Electronic Arts (EA)	21.9×
Roku (ROKU)	21.4×
Trade Desk (TTD)	12.9×
Snap (SNAP)	12.8×
T-Mobile US (TMUS)	12.7×
AT&T (T)	11.7×
Fox (FOXA)	10.5×
Pinterest (PINS)	9.7×
TKO Group Holdings (TKO)	8.9×
John Wiley & Sons (WLY)	8.6×
Match Group (MTCH)	7.3×
Charter Communications (CHTR)	6.7×
Omnicom Group (OMC)	5.2×
Comcast (CMCSA)	5.1×

P/FCF Ratio for Verizon (VZ)

P/FCF Ratio daily chart for Verizon (VZ)

Historical P/FCF Ratio for Verizon (VZ) from 2001 to 2025

About P/FCF Ratio at Verizon (VZ)

Verizon P/FCF Ratio by Year

Verizon P/FCF Ratio 2025: 8.7×

Verizon P/FCF Ratio 2024: 8.9×

Verizon P/FCF Ratio 2023: 8.5×

Verizon P/FCF Ratio 2022: 15.9×

Verizon P/FCF Ratio 2020: 11.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Verizon (VZ) Key Financials

P/FCF Ratio daily chart for Verizon (VZ)

Historical P/FCF Ratio for Verizon (VZ) from 2001 to 2025

About P/FCF Ratio at Verizon (VZ)

Verizon P/FCF Ratio by Year

Verizon P/FCF Ratio 2025: 8.7×

Verizon P/FCF Ratio 2024: 8.9×

Verizon P/FCF Ratio 2023: 8.5×

Verizon P/FCF Ratio 2022: 15.9×

Verizon P/FCF Ratio 2020: 11.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Verizon's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Verizon?

+Is Verizon's P/FCF ratio high or low?

+What is Verizon's historical P/FCF ratio range?

+What was Verizon's P/FCF ratio in 2025?

+Why does Verizon's P/FCF ratio change over time?

Verizon (VZ) Key Financials