Verizon Communications Inc (VZ) — Free Cash Flow Generation Index
Verizon Communications Inc (VZ) has a Free Cash Flow Generation Index of 0.47x as of March 2026. Free cash flow of $3.78 Billion represents 0% of operating cash flow ($7.98 Billion). See VZ working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Verizon Communications Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Verizon Communications Inc across 37 annual periods. Explore VZ operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Verizon Communications Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Verizon Communications Inc. For the full company profile including market capitalisation, see VZ stock market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.54x | $20.13 Billion | $37.14 Billion | $17.01 Billion | ▲ +5.7% |
| 2024 | 0.51x | $18.92 Billion | $36.91 Billion | $17.99 Billion | ▲ +2.7% |
| 2023 | 0.50x | $18.71 Billion | $37.48 Billion | $18.77 Billion | ▲ +78.3% |
| 2022 | 0.28x | $10.40 Billion | $37.14 Billion | $26.74 Billion | ▼ -42.5% |
| 2021 | 0.49x | $19.25 Billion | $39.54 Billion | $20.29 Billion | ▼ -5.2% |
| 2020 | 0.51x | $21.45 Billion | $41.77 Billion | $20.32 Billion | ▲ +8.6% |
| 2019 | 0.47x | $16.91 Billion | $35.75 Billion | $18.84 Billion | ▼ -0.1% |
| 2018 | 0.47x | $16.25 Billion | $34.34 Billion | $18.09 Billion | ▲ +77.4% |
| 2017 | 0.27x | $6.49 Billion | $24.32 Billion | $17.83 Billion | ▲ +41.3% |
| 2016 | 0.19x | $4.10 Billion | $21.69 Billion | $17.59 Billion | ▼ -65.3% |
| 2015 | 0.54x | $21.25 Billion | $39.03 Billion | $17.77 Billion | ▲ +27.5% |
| 2014 | 0.43x | $13.09 Billion | $30.63 Billion | $17.55 Billion | ▼ -23.3% |
| 2013 | 0.56x | $21.63 Billion | $38.82 Billion | $17.18 Billion | ▲ +54.3% |
| 2012 | 0.36x | $11.38 Billion | $31.49 Billion | $20.11 Billion | ▼ -20.5% |
| 2011 | 0.45x | $13.54 Billion | $29.78 Billion | $16.24 Billion | ▼ -10.3% |
| 2010 | 0.51x | $16.91 Billion | $33.36 Billion | $16.46 Billion | ▲ +10.9% |
| 2009 | 0.46x | $14.34 Billion | $31.39 Billion | $17.05 Billion | ▲ +22.8% |
| 2008 | 0.37x | $10.21 Billion | $27.45 Billion | $17.24 Billion | ▲ +7.4% |
| 2007 | 0.35x | $9.30 Billion | $26.84 Billion | $17.54 Billion | ▲ +19.3% |
| 2006 | 0.29x | $7.00 Billion | $24.11 Billion | $17.10 Billion | ▼ -4.5% |
| 2005 | 0.30x | $6.70 Billion | $22.02 Billion | $15.32 Billion | ▼ -22.3% |
| 2004 | 0.39x | $8.53 Billion | $21.79 Billion | $13.26 Billion | ▼ -16.9% |
| 2003 | 0.47x | $10.58 Billion | $22.47 Billion | $11.88 Billion | ▲ +3.0% |
| 2002 | 0.46x | $10.10 Billion | $22.08 Billion | $11.98 Billion | ▲ +314.3% |
| 2001 | 0.11x | $2.15 Billion | $19.53 Billion | $17.37 Billion | ▲ +196.7% |
| 2000 | -0.11x | $-1.81 Billion | $15.83 Billion | $17.63 Billion | ▼ -124.8% |
| 1999 | 0.46x | $7.84 Billion | $17.02 Billion | $9.18 Billion | ▼ -11.9% |
| 1998 | 0.52x | $8.22 Billion | $15.72 Billion | $7.51 Billion | ▲ +108.4% |
| 1997 | 0.25x | $2.22 Billion | $8.86 Billion | $6.64 Billion | ▼ -64.6% |
| 1996 | 0.71x | $6.23 Billion | $8.78 Billion | $2.55 Billion | ▲ +6.3% |
| 1995 | 0.67x | $5.27 Billion | $7.89 Billion | $2.63 Billion | ▲ +126.7% |
| 1994 | 0.29x | $1.10 Billion | $3.75 Billion | $2.65 Billion | ▼ -27.4% |
| 1993 | 0.41x | $1.72 Billion | $4.23 Billion | $2.52 Billion | ▲ +10.5% |
| 1992 | 0.37x | $1.44 Billion | $3.93 Billion | $2.49 Billion | ▲ +6.3% |
| 1991 | 0.35x | $1.30 Billion | $3.76 Billion | $2.46 Billion | ▲ +20.5% |
| 1990 | 0.29x | $1.01 Billion | $3.54 Billion | $2.52 Billion | ▼ -14.7% |
| 1989 | 0.34x | $1.31 Billion | $3.89 Billion | $2.58 Billion | — |