Vodafone Group PLC (VOD) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.163x

Based on the latest financial reports, Vodafone Group PLC (VOD) has a cash flow conversion efficiency ratio of 0.163x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (GBX8.88 Billion ≈ $1.08 Million USD) by net assets (GBX54.52 Billion ≈ $6.63 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Vodafone Group PLC balance sheet quality to measure how much of total assets are equity-financed.

Vodafone Group PLC - Cash Flow Conversion Efficiency Trend (1991–2026)

This chart illustrates how Vodafone Group PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check VOD cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Vodafone Group PLC Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Vodafone Group PLC ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
MCNEX Co. Ltd KQ:097520	0.085x
Bakkt Holdings Inc NYSE:BKKT	-0.071x
Peijia Medical Limited F:4WO	-0.127x
Yunnan Metropolitan Real Estate Development Co Ltd SHG:600239	0.133x
Cartesian Growth Corporation III Class A Ordinary Shares NASDAQ:CGCT	-0.001x
Liuzhou Chemical Industry Co Ltd SHG:600423	-0.004x
Elitegroup Computer Systems Co Ltd TW:2331	0.005x
Shandong Hongyu Agricultural Machinery Co Ltd SHE:002890	-0.003x

Annual Cash Flow Conversion Efficiency for Vodafone Group PLC (1991–2026)

The table below shows the annual cash flow conversion efficiency of Vodafone Group PLC from 1991 to 2026. For the full company profile with market capitalisation and key ratios, see market cap of Vodafone Group PLC.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	GBX54.52 Billion ≈ $6.63 Million	GBX13.27 Billion ≈ $1.61 Million	0.243x	-14.64%
2025-03-31	GBX53.92 Billion ≈ $6.56 Million	GBX15.37 Billion ≈ $1.87 Million	0.285x	+5.04%
2024-03-31	GBX61.00 Billion ≈ $7.42 Million	GBX16.56 Billion ≈ $2.01 Million	0.271x	-3.05%
2023-03-31	GBX64.48 Billion ≈ $7.85 Million	GBX18.05 Billion ≈ $2.20 Million	0.280x	-11.62%
2022-03-31	GBX57.07 Billion ≈ $6.94 Million	GBX18.08 Billion ≈ $2.20 Million	0.317x	+6.40%
2021-03-31	GBX57.82 Billion ≈ $7.03 Million	GBX17.21 Billion ≈ $2.09 Million	0.298x	+7.30%
2020-03-31	GBX62.62 Billion ≈ $7.62 Million	GBX17.38 Billion ≈ $2.11 Million	0.278x	+35.64%
2019-03-31	GBX63.45 Billion ≈ $7.72 Million	GBX12.98 Billion ≈ $1.58 Million	0.205x	+3.21%
2018-03-31	GBX68.61 Billion ≈ $8.35 Million	GBX13.60 Billion ≈ $1.65 Million	0.198x	+2.74%
2017-03-31	GBX73.72 Billion ≈ $8.97 Million	GBX14.22 Billion ≈ $1.73 Million	0.193x	+23.92%
2016-03-31	GBX85.36 Billion ≈ $10.39 Million	GBX13.29 Billion ≈ $1.62 Million	0.156x	+8.55%
2015-03-31	GBX92.62 Billion ≈ $11.27 Million	GBX13.28 Billion ≈ $1.62 Million	0.143x	+65.34%
2014-03-31	GBX86.83 Billion ≈ $10.56 Million	GBX7.53 Billion ≈ $916.51K	0.087x	-41.20%
2013-03-31	GBX86.00 Billion ≈ $10.46 Million	GBX12.69 Billion ≈ $1.54 Million	0.148x	+12.04%
2012-03-31	GBX93.85 Billion ≈ $11.42 Million	GBX12.36 Billion ≈ $1.50 Million	0.132x	-3.88%
2011-03-31	GBX99.66 Billion ≈ $12.13 Million	GBX13.65 Billion ≈ $1.66 Million	0.137x	-4.78%
2010-03-31	GBX101.94 Billion ≈ $12.40 Million	GBX14.67 Billion ≈ $1.78 Million	0.144x	+12.40%
2009-03-31	GBX91.54 Billion ≈ $11.14 Million	GBX11.72 Billion ≈ $1.43 Million	0.128x	-0.87%
2008-03-31	GBX96.08 Billion ≈ $11.69 Million	GBX12.41 Billion ≈ $1.51 Million	0.129x	-14.18%
2007-03-31	GBX99.14 Billion ≈ $12.06 Million	GBX14.92 Billion ≈ $1.82 Million	0.150x	+15.43%
2006-03-31	GBX122.33 Billion ≈ $14.88 Million	GBX15.95 Billion ≈ $1.94 Million	0.130x	+21.92%
2005-03-31	GBX165.68 Billion ≈ $20.16 Million	GBX17.71 Billion ≈ $2.16 Million	0.107x	-4.55%
2004-03-31	GBX172.18 Billion ≈ $20.95 Million	GBX19.29 Billion ≈ $2.35 Million	0.112x	+41.24%
2003-03-31	GBX190.61 Billion ≈ $23.19 Million	GBX15.12 Billion ≈ $1.84 Million	0.079x	+30.59%
2002-03-31	GBX218.19 Billion ≈ $26.55 Million	GBX13.25 Billion ≈ $1.61 Million	0.061x	+253.15%
2001-03-31	GBX238.49 Billion ≈ $29.02 Million	GBX4.10 Billion ≈ $498.95K	0.017x	+36.45%
2000-03-31	GBX237.32 Billion ≈ $28.87 Million	GBX2.99 Billion ≈ $363.87K	0.013x	-98.19%
1999-03-31	GBX1.38 Billion ≈ $168.27K	GBX965.37 Million ≈ $117.46K	0.698x	-52.60%
1998-03-31	GBX589.34 Million ≈ $71.71K	GBX867.93 Million ≈ $105.60K	1.473x	+237.75%
1997-03-31	GBX1.17 Billion ≈ $142.34K	GBX510.11 Million ≈ $62.07K	0.436x	+12.64%
1996-03-31	GBX1.24 Billion ≈ $151.30K	GBX481.38 Million ≈ $58.57K	0.387x	+51.94%
1995-03-31	GBX997.80 Million ≈ $121.40K	GBX254.21 Million ≈ $30.93K	0.255x	-25.76%
1994-03-31	GBX899.69 Million ≈ $109.47K	GBX308.74 Million ≈ $37.57K	0.343x	-22.79%
1993-03-31	GBX742.57 Million ≈ $90.35K	GBX330.05 Million ≈ $40.16K	0.444x	+35.80%
1992-03-31	GBX632.25 Million ≈ $76.93K	GBX206.93 Million ≈ $25.18K	0.327x	+3.06%
1991-03-31	GBX603.35 Million ≈ $73.41K	GBX191.61 Million ≈ $23.31K	0.318x	--

About Vodafone Group PLC

LSE:VOD UK Telecom Services

Market Cap

$328.50 Million

GBX2.70 Trillion GBX

Market Cap Rank

#14278 Global

#77 in UK

Share Price

GBX117.25

Change (1 day)

-0.51%

52-Week Range

GBX83.36 - GBX123.25

All Time High

GBX238.04