Verizon Communications Inc Capital Reinvestment Ratio
Verizon Communications Inc capital reinvestment ratio. Verizon Communications Inc (VZ) has a Capital Reinvestment Ratio of 0.38x as of June 2026, meaning it reinvests 0% of its operating cash flow ($10.44 Billion) in capital expenditures ($4.01 Billion). See cash generation quality of Verizon Communications Inc to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Verizon Communications Inc (1989–2025)
Capital reinvestment ratio of Verizon Communications Inc from 1989 to 2025. This chart tracks Verizon Communications Inc's Capital Reinvestment Ratio across 37 annual periods. See Verizon Communications Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Verizon Communications Inc Capital Reinvestment Ratio by Year (1989–2025)
Verizon Communications Inc capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see VZ cash generation efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.46x | $37.14 Billion | $17.01 Billion | ▼ -6.0% |
| 2024 | 0.49x | $36.91 Billion | $17.99 Billion | ▼ -2.7% |
| 2023 | 0.50x | $37.48 Billion | $18.77 Billion | ▼ -30.4% |
| 2022 | 0.72x | $37.14 Billion | $26.74 Billion | ▲ +40.3% |
| 2021 | 0.51x | $39.54 Billion | $20.29 Billion | ▲ +5.5% |
| 2020 | 0.49x | $41.77 Billion | $20.32 Billion | ▼ -7.7% |
| 2019 | 0.53x | $35.75 Billion | $18.84 Billion | ▲ +0.0% |
| 2018 | 0.53x | $34.34 Billion | $18.09 Billion | ▼ -28.2% |
| 2017 | 0.73x | $24.32 Billion | $17.83 Billion | ▼ -9.6% |
| 2016 | 0.81x | $21.69 Billion | $17.59 Billion | ▲ +78.1% |
| 2015 | 0.46x | $39.03 Billion | $17.77 Billion | ▼ -20.5% |
| 2014 | 0.57x | $30.63 Billion | $17.55 Billion | ▲ +29.4% |
| 2013 | 0.44x | $38.82 Billion | $17.18 Billion | ▼ -30.7% |
| 2012 | 0.64x | $31.49 Billion | $20.11 Billion | ▲ +17.1% |
| 2011 | 0.55x | $29.78 Billion | $16.24 Billion | ▲ +10.6% |
| 2010 | 0.49x | $33.36 Billion | $16.46 Billion | ▼ -9.2% |
| 2009 | 0.54x | $31.39 Billion | $17.05 Billion | ▼ -13.5% |
| 2008 | 0.63x | $27.45 Billion | $17.24 Billion | ▼ -3.9% |
| 2007 | 0.65x | $26.84 Billion | $17.54 Billion | ▼ -7.9% |
| 2006 | 0.71x | $24.11 Billion | $17.10 Billion | ▲ +2.0% |
| 2005 | 0.70x | $22.02 Billion | $15.32 Billion | ▲ +14.3% |
| 2004 | 0.61x | $21.79 Billion | $13.26 Billion | ▲ +15.0% |
| 2003 | 0.53x | $22.47 Billion | $11.88 Billion | ▼ -2.5% |
| 2002 | 0.54x | $22.08 Billion | $11.98 Billion | ▼ -39.0% |
| 2001 | 0.89x | $19.53 Billion | $17.37 Billion | ▼ -20.1% |
| 2000 | 1.11x | $15.83 Billion | $17.63 Billion | ▲ +106.5% |
| 1999 | 0.54x | $17.02 Billion | $9.18 Billion | ▲ +13.0% |
| 1998 | 0.48x | $15.72 Billion | $7.51 Billion | ▼ -36.3% |
| 1997 | 0.75x | $8.86 Billion | $6.64 Billion | ▲ +157.7% |
| 1996 | 0.29x | $8.78 Billion | $2.55 Billion | ▼ -12.6% |
| 1995 | 0.33x | $7.89 Billion | $2.63 Billion | ▼ -52.8% |
| 1994 | 0.71x | $3.75 Billion | $2.65 Billion | ▲ +18.7% |
| 1993 | 0.59x | $4.23 Billion | $2.52 Billion | ▼ -6.1% |
| 1992 | 0.63x | $3.93 Billion | $2.49 Billion | ▼ -3.3% |
| 1991 | 0.65x | $3.76 Billion | $2.46 Billion | ▼ -8.2% |
| 1990 | 0.71x | $3.54 Billion | $2.52 Billion | ▲ +7.4% |
| 1989 | 0.66x | $3.89 Billion | $2.58 Billion | — |