VIV vs VOD: Telefonica Brasil SA ADR and Vodafone Group PLC ADR compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Vodafone Group PLC ADR is the larger company, worth $38.7B, about 2.0 times Telefonica Brasil SA ADR.
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | VIV | VOD |
|---|---|---|
| Market cap | $19.6B | $38.7B |
| Share price | $12.71 | $16.79 |
| Revenue (last fiscal year) | — | $37.4B |
| Free cash flow (last fiscal year) | $11.3B | $8.7B |
| Revenue growth, last year | — | +2.0% |
| Revenue growth per year, last 5 fiscal years | — | -3.8% |
| Operating margin | — | -1.1% |
| Net margin | — | -11.1% |
| Return on equity | 9.0% | -7.9% |
| P/E (trailing) | 17.3x | — |
| Price / free cash flow | 1.78x | 4.70x |
| EV / EBITDA | 11.1x | 5.50x |
| FCF growth the price implies | — | — |
| Dividend yield | 7.7% | 3.0% |
| Debt / equity | 0.86x | 1.41x |
| Fundamental grade | C | D |
| Superinvestors holding it | 2 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Telefonica Brasil SA ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | — | $8.8B | — |
| 2022 | — | $9.0B | — |
| 2023 | — | $10.0B | — |
| 2024 | — | $10.6B | — |
| 2025 | — | $11.3B | — |
Vodafone Group PLC ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $43.8B | $8.6B | 11.7% |
| 2022 | $37.0B | $11.2B | 15.5% |
| 2023 | $37.7B | $10.3B | 38.4% |
| 2024 | $36.7B | $9.7B | 10.0% |
| 2025 | $37.4B | $8.7B | -1.1% |
Where the revenue comes from
Telefonica Brasil SA ADR
No segment breakdown reported.
Vodafone Group PLC ADR · by segments, 2026
Germany$12.1B31%
UK$9.2B24%
Africa$8.4B22%
Other Europe$5.7B15%
Turkey$3.4B9%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open VIV in InvestinglyQuestions
Which is bigger, Telefonica Brasil SA ADR or Vodafone Group PLC ADR?
Vodafone Group PLC ADR (VOD), at $38.7B against $19.6B.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.