VOD

Vodafone Group
D

VOD

Arincen47/100B

If you had invested in Vodafone Group ago, it would be worth $1,132 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

47/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability0

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash7.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation—

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth6.7

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength2

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders7.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2026; the price as of today.

Vodafone Group key facts

Style
Speculative (losing money)
Day range
15.230 – 15.340
52-week range
11.710 – 17.710
Market capitalization
35.71B USD
EPS
-2.92
Div Yield
3.15%
EPS growth forecast (FY2027)
+597.3%
Volume
13,691
Beta
0.32
ESG score
62.6/100Environment 61 · Social 64 · Governance 63
Sector
Communication Services
Industry
Telecommunications Services
CEO
Margherita Della Valle
Employees
91K
IPO date
2 Nov 1988

Vodafone Group earnings

Latest results · H1 FY2027
Reported EPS
0.17-72.87%
est. 0.61
Reported revenue
24.39B-3.70%
est. 25.32B
Next report · H2 FY2027

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
H2 FY20270.45———26.72B——+9.71%
H1 FY20270.610.17-72.87%-79.40%25.32B24.39B-3.70%+7.26%
H2 FY20260.32-0.62-295.83%-375.00%10.29B24.36B+136.70%+12.73%
H1 FY20260.490.80+62.84%+93.35%12.14B22.74B+87.25%+17.26%
H2 FY20250.230.230.00%-44.53%22.07B21.60B-2.10%+6.32%
H1 FY20250.220.41+91.51%—20.10B19.39B-3.52%—
H1 FY20250.220.61+181.65%—20.03B15.88B-20.74%—

Analysts' estimates for FY2027 over the last 7 days:EPS Revenue How the estimates moved

Vodafone Group analyst forecast

12-month price target
20.93 USD
+36.53%

Analysts' 1-year price targets range from 20.93 to 20.93, with an average of 20.93.

Past year
1-year forecast
Strong sellStrong buy
Sell
1 ratings
Buy
0
Hold
0
Sell
1

12-month price target

Highest target20.93
Average target20.93
Lowest target20.93
Current price15.33

Vodafone Group valuation

Forward P/E (FY2027)
12.10
Price to sales (TTM)
0.75
Price to book
0.74
EV / EBITDA (TTM)
5.15

Capital structure

Market capitalization
35.71B USD
+
Total debt
63.84B USD
−
Cash and short-term investments
12.63B USD
=
Enterprise value
86.92B USD

Valuation over time

P/EForward P/EForward P/E · Estimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2029 (est.)9.30————
FY2028 (est.)10.239.30———
FY2027 (est.)12.1010.23———
Now (TTM)—10.870.750.745.15
FY2026-78.757.560.770.624.46
FY2025-5.417.560.610.405.87
FY202418.429.700.600.375.04
FY20232.3714.260.750.413.40
FY202219.4713.751.000.606.32

Vodafone Group against its own history

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: T-Mobile US, Inc. 6.25 % Notes -01.09.69, Charter Communications, Comcast, EchoStar, AST SpaceMobile, and Globalstar, the US Telecommunications Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • Gross marginLowest in 5 years31.7%
    31.7%35.3%
    Against its peers: 5 of 6Peers' median 53.4%
  • Operating marginBelow its median8.7%
    -1.1%38.4%
    Against its peers: 3 of 6Peers' median 5.4%
  • Net marginBelow its median-1.0%
    -11.1%31.4%
    Against its peers: 3 of 6Peers' median -3.2%
  • Return on equityBelow its median-0.8%
    -7.3%17.2%
    Against its peers: 3 of 6Peers' median -2.4%
  • Free cash flow marginBelow its median23.3%
    23.2%36.6%
    Against its peers: 2 of 6Peers' median 8.1%
  • Revenue growthHighest in 5 years8.0%
    -15.5%8.0%
    Against its peers: 3 of 6Peers' median -0.0%
  • Debt to EBITDABelow its median3.13×
    2.80×4.94×
    Against its peers: 2 of 4Peers' median 4.58×
  • Current ratioAt its median1.14
    0.781.35
    Against its peers: 3 of 6Peers' median 0.88

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Vodafone Group growth and profitability

Revenue (TTM)
43.24B EUR
Net income (TTM)
-6.09B EUR
Gross margin
31.74%
Operating margin
7.97%
Net margin
-14.07%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202640.46B+8.05%-397.00M—31.68%8.67%-0.98%16.81B+44.70%
FY202537.45B+1.99%-4.17B-465.70%33.43%-1.10%-11.13%11.61B-21.43%
FY202436.72B-2.54%1.14B-90.37%33.39%9.98%3.10%14.78B-42.68%
FY202337.67B+1.79%11.84B+429.19%35.34%38.36%31.42%25.79B+52.98%
FY202237.01B-15.52%2.24B+3,691.53%35.29%15.51%6.04%16.86B-19.76%

Vodafone Group dividends

Annual dividend
0.48 USD
Dividend yield (indicated)
3.15%
Frequency
Semi-annual
Next payment
0.24 USD
Next ex-dividend date
20 Nov 2026
Next payment date
3 Feb 2027

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share0.510.950.950.991.080.981.011.791.631.69

Vodafone Group financial health

Cash and short-term investments
11.43B EUR
Total debt
57.78B EUR
Net cash
-46.35B EUR
Free cash flow (TTM)
9.13B EUR
Current ratio
1.04
Debt to equity
1.33
Piotroski score
5 / 9
Altman Z-score
-0.85

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202615.75B52.64B9.42B
FY202519.02B57.41B8.67B
FY202410.53B58.51B9.70B
FY202319.33B72.13B13.10B
FY202216.32B77.99B13.53B

Vodafone Group ownership

Institutions
8.38%
Institutional holders
597 (+24)
Free float
99.45%

Who owns the shares

Institutions 8.4% Others 91.6%
As of 30 Jun 2026

Shares free to trade

Free float 2.32B shares ·99.5% Closely held 12.80M shares ·0.5%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q1 20241025.00M0.00

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20262.40B2.40B-8.28%
FY20252.62B2.62B-3.49%
FY20242.71B2.72B-2.25%
FY20232.77B2.78B+13.20%
FY20222.45B2.45B0.00%

Source: Financial Modeling Prep

Related Instruments

Title: Vodafone Group Plc

Sector: Communication Services
Industry: Telecommunications Services
Vodafone operates mobile and fixed-line networks and businesses across Europe, Africa, and the Middle East. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns two cable networks after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the UK, Vodafone merged with CK Hutchison in 2025, consolidating the mobile market. It also divested its Spanish and Italian divisions in 2024, given their low returns on invested capital.

Common questions about Vodafone Group stock