Verizon Communications Inc (VZ) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.53x

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. Explore Verizon Communications Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.53x
(Capex + Investments) / Operating CF

Total Reinvested

$4.20 Billion
Capex + Investments

Operating Cash Flow

$7.98 Billion
USD

Capital Expenditures

$4.20 Billion
USD

Verizon Communications Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Verizon Communications Inc across 37 annual periods. Also explore Verizon Communications Inc (VZ) total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Verizon Communications Inc (1989–2025)

Year-by-year capital reinvestment analysis for Verizon Communications Inc. For live market cap and broader valuation context, see Verizon Communications Inc market cap and net worth.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow