V 
Vodafone Group VOD.L · GBp
Communication Services · Wireless Telecommunication Services · LSE · 🇬🇧 United Kingdom
FTSE 100
116.95p
+0.39%
Close of 9 Nov 2026, in pence
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in EUR, from our data supplier.
Revenue
€40.08bn
FY2017FY2026
Net income
−€393.3m
FY2017FY2026
Free cash flow
€8.45bn
FY2017FY2026
Shareholders' equity
€50.68bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €40.08bn | €37.45bn | €36.72bn | €45.71bn | €45.58bn | €43.81bn | €44.97bn | €43.67bn | €46.57bn | €47.63bn |
| Gross profit | €12.61bn | €12.52bn | €12.26bn | €14.86bn | €15.01bn | €13.72bn | €14.29bn | €13.51bn | €13.80bn | €13.05bn |
| Operating income | €3.45bn | −€411.0m | €3.67bn | €4.46bn | €5.37bn | €3.42bn | €3.62bn | €3.48bn | €4.82bn | €3.12bn |
| Net income | −€393.3m | −€4.17bn | €1.14bn | €11.84bn | €2.24bn | €59.0m | −€920.0m | −€4.49bn | €4.41bn | −€2.19bn |
| Diluted earnings per share | -0.02 | -0.17 | 0.04 | 0.44 | 0.08 | 0.00 | -0.03 | -0.15 | 0.16 | -0.08 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €130.04bn | €128.52bn | €144.35bn | €155.52bn | €154.05bn | €155.06bn | €168.17bn | €142.86bn | €145.61bn | €154.68bn |
| Cash and short-term investments | €15.77bn | €15.49bn | €10.53bn | €18.48bn | €14.73bn | €11.87bn | €19.53bn | €25.46bn | €12.64bn | €13.34bn |
| Total liabilities | €75.52bn | €74.61bn | €83.35bn | €91.04bn | €96.98bn | €97.25bn | €105.54bn | €79.42bn | €77.00bn | €80.97bn |
| Debt | €52.69bn | €53.14bn | €54.36bn | €61.50bn | €67.18bn | €66.80bn | €69.63bn | €52.95bn | €43.26bn | €46.57bn |
| Shareholders' equity | €50.68bn | €52.74bn | €59.97bn | €63.40bn | €54.78bn | €55.80bn | €61.41bn | €62.22bn | €67.64bn | €72.20bn |
| Shares outstanding | 23,085m | 24,642m | 26,828m | 27,033m | 27,409m | 27,541m | 26,832m | 30,841m | 28,195m | 28,377m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €13.27bn | €15.37bn | €16.56bn | €18.05bn | €18.08bn | €17.21bn | €17.38bn | €12.98bn | €13.60bn | €14.22bn |
| Capital spending | −€4.82bn | −€6.70bn | −€6.86bn | −€9.21bn | −€9.06bn | −€8.64bn | −€7.61bn | −€5.05bn | −€4.92bn | −€6.29bn |
| Free cash flow | €8.45bn | €8.67bn | €9.70bn | €8.84bn | €9.02bn | €8.57bn | €9.77bn | €7.93bn | €8.68bn | €7.94bn |
| Dividends paid | −€1.08bn | −€1.79bn | −€2.43bn | −€2.48bn | −€2.47bn | −€2.43bn | −€2.30bn | −€4.06bn | −€3.92bn | −€3.71bn |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Jun 2024 | Mar 2024 | Sept 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €20.83bn | €19.30bn | €19.17bn | €18.28bn | €101.2m | €14.78bn | €21.94bn | €22.78bn |
| Gross profit | €6.34bn | €6.28bn | €6.37bn | €6.15bn | — | €5.60bn | €6.66bn | €7.51bn |
| Operating income | €1.11bn | €2.33bn | −€2.79bn | €2.38bn | €101.2m | €2.01bn | €1.66bn | €1.87bn |
| Net income | −€1.22bn | €816.0m | −€5.23bn | €1.06bn | €101.2m | €1.49bn | −€346.0m | €10.85bn |
| Diluted earnings per share | -0.05 | 0.03 | -0.21 | 0.04 | 0.00 | 0.06 | -0.01 | 0.40 |
| Cash from operations | €8.88bn | €4.51bn | €9.73bn | €5.64bn | — | €11.01bn | €5.54bn | €5.89bn |
| Capital spending | −€2.45bn | −€2.42bn | −€2.14bn | −€2.18bn | — | −€1.87bn | −€2.35bn | −€1.40bn |
| Free cash flow | €6.42bn | €2.09bn | €7.59bn | €3.46bn | — | €9.15bn | €3.19bn | €4.49bn |
| Total assets | €130.04bn | €128.86bn | €128.52bn | €139.56bn | — | €144.35bn | €148.10bn | €155.52bn |
| Cash and short-term investments | €15.77bn | €13.53bn | €15.49bn | €13.07bn | — | €10.53bn | €13.06bn | €18.72bn |
| Debt | €43.06bn | €7.39bn | €44.66bn | €8.64bn | — | €49.63bn | €12.34bn | €67.18bn |
| Shareholders' equity | €50.68bn | €52.82bn | €52.74bn | €59.64bn | — | €59.97bn | €60.45bn | €63.40bn |
Financial ratios
Data as of 22 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 31.5% | 33.4% | 33.4% | 32.5% | 32.9% | 31.3% | — | — | — | — | — | — |
| Operating margin | 8.6% | -1.1% | 10.0% | 9.8% | 11.8% | 10.1% | — | — | — | — | — | — |
| Net margin | -1.0% | -11.1% | 3.1% | 25.9% | 4.9% | 0.1% | — | — | — | — | — | — |
| Return on equity | -0.8% | -7.9% | 1.9% | 18.7% | 4.1% | 0.1% | — | — | — | — | — | — |
| Return on assets | -0.3% | -3.2% | 0.8% | 7.6% | 1.5% | 0.0% | — | — | — | — | — | — |
| Free cash flow yield | 0.6% | 0.7% | 0.7% | 0.8% | 0.8% | 0.7% | — | — | — | — | — | — |
| Revenue growth | 7.0% | 2.0% | -19.7% | 0.3% | 4.0% | -2.6% | — | — | — | — | — | — |
| Earnings growth | -90.6% | -465.7% | -90.4% | 429.2% | 3691.5% | -106.4% | — | — | — | — | — | — |
| Current ratio | 1.07x | 1.26x | 1.31x | 0.89x | 0.82x | 0.98x | — | — | — | — | — | — |
| Debt to equity | 0.85x | 0.85x | 0.78x | 0.90x | 1.11x | 1.05x | — | — | — | — | — | — |
| Equity ratio | 39.0% | 41.0% | 41.5% | 40.8% | 35.6% | 36.0% | — | — | — | — | — | — |
| Interest coverage | 1.47x | -0.18x | 1.33x | 1.82x | 2.34x | 1.74x | — | — | — | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.2% | 0.5% | 0.8% | 0.7% | 0.5% | 0.6% |
| Buybacks as a share of market value | 6.3% | 8.1% | 0.8% | 1.4% | 0.5% | -2.6% | — | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.3% | -1.8% | -2.6% |
| Operating income | -8.2% | 0.2% | 7.1% |
| Net income | — | — | -22.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.4% | 32.7% | 32.5% | 30.8% |
| Operating margin | 3.9% | 7.0% | 8.0% | 7.6% |
| Net margin | -5.9% | 5.3% | 4.3% | 0.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -85.2 | -6.7 | 18.5 | 1.8 | 11.9 | — | -40.7 | -11.6 | 11.3 | -35.1 |
| Price to sales | 0.8 | 0.8 | 0.6 | 0.5 | 0.6 | 0.8 | 0.8 | 1.2 | 1.1 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 37 years. Last went ex-dividend on 4 Jun 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.02 | 0.045 | 0.08 | 0.127 | 0.077 | 0.076 | 0.081 | 0.075 |
- 11-to-6 reverse split · 24 Feb 2014
- 1.001-for-1 split · 31 Jul 2006
- 1-to-1 reverse split · 20 Jan 2006
- 1-to-1 reverse split · 1 Oct 2004
- 1-to-1 reverse split · 22 Jan 2004
- 1-to-1 reverse split · 9 Apr 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.