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). Read Verizon Communications Inc (VZ) total liabilities for a breakdown of total debt and financial obligations.
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 Verizon Communications Inc (VZ) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 Verizon Communications Inc (VZ) 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 | — |