Verizon Communications Inc (VZ) — Cash Flow Reinvestment Rate
Verizon Communications Inc (VZ) has a Cash Flow Reinvestment Rate of 0.53x as of March 2026, reinvesting $4.20 Billion (capex $4.20 Billion ) from operating cash flow of $7.98 Billion. See Verizon Communications Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Verizon Communications Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Verizon Communications Inc across 37 annual periods. For the full cash flow conversion analysis, see Verizon Communications Inc cash flow conversion.
Annual Cash Flow Reinvestment Rate for Verizon Communications Inc (1989–2025)
Year-by-year capital reinvestment analysis for Verizon Communications Inc. See Verizon Communications Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.46x | $17.01 Billion | $37.14 Billion | $17.01 Billion | ▼ -53.9% |
| 2024 | 0.99x | $36.66 Billion | $36.91 Billion | $17.99 Billion | ▼ -6.3% |
| 2023 | 1.06x | $39.72 Billion | $37.48 Billion | $18.77 Billion | ▼ -29.0% |
| 2022 | 1.49x | $55.40 Billion | $37.14 Billion | $26.74 Billion | ▼ -32.5% |
| 2021 | 2.21x | $87.44 Billion | $39.54 Billion | $20.29 Billion | ▲ +110.7% |
| 2020 | 1.05x | $43.83 Billion | $41.77 Billion | $20.32 Billion | ▲ +3.0% |
| 2019 | 1.02x | $36.42 Billion | $35.75 Billion | $18.84 Billion | ▼ -2.9% |
| 2018 | 1.05x | $36.02 Billion | $34.34 Billion | $18.09 Billion | ▼ -31.4% |
| 2017 | 1.53x | $37.20 Billion | $24.32 Billion | $17.83 Billion | ▲ +16.1% |
| 2016 | 1.32x | $28.58 Billion | $21.69 Billion | $17.59 Billion | ▲ +189.3% |
| 2015 | 0.46x | $17.77 Billion | $39.03 Billion | $17.77 Billion | ▼ -20.5% |
| 2014 | 0.57x | $17.55 Billion | $30.63 Billion | $17.55 Billion | ▲ +28.9% |
| 2013 | 0.44x | $17.25 Billion | $38.82 Billion | $17.18 Billion | ▼ -30.5% |
| 2012 | 0.64x | $20.14 Billion | $31.49 Billion | $20.11 Billion | ▲ +17.2% |
| 2011 | 0.55x | $16.24 Billion | $29.78 Billion | $16.24 Billion | ▲ +10.6% |
| 2010 | 0.49x | $16.46 Billion | $33.36 Billion | $16.46 Billion | ▼ -9.1% |
| 2009 | 0.54x | $17.05 Billion | $31.39 Billion | $17.05 Billion | ▼ -13.5% |
| 2008 | 0.63x | $17.24 Billion | $27.45 Billion | $17.24 Billion | ▼ -3.9% |
| 2007 | 0.65x | $17.54 Billion | $26.84 Billion | $17.54 Billion | ▼ -7.9% |
| 2006 | 0.71x | $17.10 Billion | $24.11 Billion | $17.10 Billion | ▲ +2.0% |
| 2005 | 0.70x | $15.32 Billion | $22.02 Billion | $15.32 Billion | ▲ +14.3% |
| 2004 | 0.61x | $13.26 Billion | $21.79 Billion | $13.26 Billion | ▲ +15.0% |
| 2003 | 0.53x | $11.88 Billion | $22.47 Billion | $11.88 Billion | ▼ -2.5% |
| 2002 | 0.54x | $11.98 Billion | $22.08 Billion | $11.98 Billion | ▼ -39.0% |
| 2001 | 0.89x | $17.37 Billion | $19.53 Billion | $17.37 Billion | ▼ -20.1% |
| 2000 | 1.11x | $17.63 Billion | $15.83 Billion | $17.63 Billion | ▲ +106.5% |
| 1999 | 0.54x | $9.18 Billion | $17.02 Billion | $9.18 Billion | ▲ +13.0% |
| 1998 | 0.48x | $7.51 Billion | $15.72 Billion | $7.51 Billion | ▼ -36.3% |
| 1997 | 0.75x | $6.64 Billion | $8.86 Billion | $6.64 Billion | ▲ +157.7% |
| 1996 | 0.29x | $2.55 Billion | $8.78 Billion | $2.55 Billion | ▼ -12.6% |
| 1995 | 0.33x | $2.63 Billion | $7.89 Billion | $2.63 Billion | ▼ -52.8% |
| 1994 | 0.71x | $2.65 Billion | $3.75 Billion | $2.65 Billion | ▲ +18.7% |
| 1993 | 0.59x | $2.52 Billion | $4.23 Billion | $2.52 Billion | ▼ -6.1% |
| 1992 | 0.63x | $2.49 Billion | $3.93 Billion | $2.49 Billion | ▼ -3.3% |
| 1991 | 0.65x | $2.46 Billion | $3.76 Billion | $2.46 Billion | ▼ -8.2% |
| 1990 | 0.71x | $2.52 Billion | $3.54 Billion | $2.52 Billion | ▲ +7.4% |
| 1989 | 0.66x | $2.58 Billion | $3.89 Billion | $2.58 Billion | — |