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. Check Verizon Communications Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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. Explore VZ long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

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 VZ stock market capitalisation.

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