Highest free cash flow yield Communication Services stocks
Free cash flow as a share of market value: how much cash the business produced for each dollar of stock. Communication Services companies worth over $1 billion, highest first.
Top of the list: Tencent Music Entertainment Group (TME) 73.6%; Kanzhun Ltd ADR (BZ) 65.1%; NetEase (NTES) 63.5%.
The median fcf yield across these 50 companies is 11.4%.
| # | Company | FCF yield | P/FCF | P/E | Market cap | Revenue growth |
|---|---|---|---|---|---|---|
| 1 | Tencent Music Entertainment GroupTME | 73.6% | 1.36x | 9.84x | $13.4B | +2.3% |
| 2 | Kanzhun Ltd ADRBZ | 65.1% | 1.54x | 17.3x | $6.8B | +12.4% |
| 3 | NetEase IncNTES | 63.5% | 1.58x | 15.4x | $76.0B | +7.0% |
| 4 | Telefonica Brasil SA ADRVIV | 56.3% | 1.78x | 17.3x | $19.6B | — |
| 5 | Versant Media Group, Inc.VSNT | 39.8% | 2.51x | 5.48x | $4.7B | -5.3% |
| 6 | Autohome IncATHM | 36.4% | 2.75x | 10.6x | $2.1B | -8.3% |
| 7 | Weibo CorpWB | 31.3% | 3.19x | 3.85x | $1.5B | +0.1% |
| 8 | Charter Communications IncCHTR | 30.9% | 3.24x | 2.74x | $14.3B | -1.7% |
| 9 | Comcast CorpCMCSA | 29.5% | 3.39x | 4.08x | $74.3B | -1.2% |
| 10 | Upwork IncUPWK | 22.1% | 4.52x | 11.0x | $1.1B | -1.7% |
| 11 | Vodafone Group PLC ADRVOD | 21.3% | 4.70x | — | $38.7B | +2.0% |
| 12 | Telus CorpTU | 19.4% | 5.15x | 17.6x | $12.1B | +0.6% |
| 13 | BCE IncBCE | 19.3% | 5.19x | 3.71x | $17.1B | +0.2% |
| 14 | Liberty Latin America LtdLILA | 18.9% | 5.30x | — | $1.6B | +1.5% |
| 15 | TaboolaTBLA | 16.2% | 6.16x | 9.22x | $1.0B | +2.4% |
| 16 | Nexstar Broadcasting Group IncNXST | 15.7% | 6.38x | 32.9x | $4.7B | +62.2% |
| 17 | Rogers Communications IncRCI | 14.8% | 6.76x | 3.11x | $15.9B | +5.4% |
| 18 | Sirius XM Holding IncSIRI | 14.1% | 7.08x | 11.1x | $8.8B | +1.0% |
| 19 | Trade Desk IncTTD | 13.6% | 7.37x | 14.2x | $5.9B | +3.0% |
| 20 | Ziff Davis IncZD | 13.4% | 7.45x | 49.7x | $2.1B | -2.7% |
| 21 | Fox Corp Class BFOX | 13.1% | 7.63x | 14.3x | $22.9B | +28.1% |
| 22 | AT&T Inc.T | 12.5% | 8.01x | 7.37x | $155.6B | +2.3% |
| 23 | VEON LtdVEON | 12.2% | 8.17x | 256.0x | $5.2B | +9.9% |
| 24 | Fox Corp Class AFOXA | 11.8% | 8.45x | 15.8x | $25.3B | +28.1% |
| 25 | Kyivstar Group Ltd. Common SharesKYIV | 11.5% | 8.67x | 21.2x | $2.7B | +25.9% |
| 26 | Pinterest IncPINS | 11.3% | 8.84x | 41.1x | $11.1B | +18.2% |
| 27 | Stagwell IncSTGW | 11.2% | 8.95x | 127.6x | $2.2B | +11.2% |
| 28 | T-Mobile US IncTMUS | 11.2% | 8.96x | 15.8x | $161.3B | +7.8% |
| 29 | Match Group IncMTCH | 10.8% | 9.30x | 15.6x | $9.5B | -1.2% |
| 30 | WPP PLC ADRWPP | 10.7% | 9.30x | — | $5.9B | -8.1% |
| 31 | Verizon Communications IncVZ | 10.4% | 9.60x | 11.3x | $193.3B | -0.7% |
| 32 | TKO Group Holdings, Inc.TKO | 8.2% | 12.2x | 62.7x | $14.1B | +18.2% |
| 33 | Millicom International Cellular SATIGO | 7.9% | 12.7x | 11.6x | $15.0B | +0.3% |
| 34 | DoubleVerify Holdings IncDV | 7.9% | 12.7x | 43.4x | $2.2B | +2.5% |
| 35 | Opera LtdOPRA | 7.6% | 13.1x | 14.8x | $1.5B | +27.9% |
| 36 | Lumen Technologies IncLUMN | 7.0% | 14.3x | — | $5.3B | -9.3% |
| 37 | StubHub Holdings, Inc.STUB | 6.3% | 16.0x | — | $3.1B | +33.2% |
| 38 | Pearson PLC ADRPSO | 6.1% | 16.3x | 26.1x | $10.5B | +0.7% |
| 39 | Array Digital Infrastructure, Inc.AD | 6.1% | 16.4x | 8.27x | $2.8B | +89.5% |
| 40 | Iridium Communications IncIRDM | 5.9% | 16.9x | 48.5x | $5.1B | +3.8% |
| 41 | Walt Disney CompanyDIS | 5.5% | 18.2x | 16.9x | $183.7B | +6.8% |
| 42 | New York Times CompanyNYT | 5.3% | 18.8x | 27.5x | $10.4B | +11.2% |
| 43 | John Wiley & SonsWLY | 5.2% | 19.3x | 18.6x | $2.7B | -2.6% |
| 44 | IDT CorporationIDT | 5.1% | 19.5x | 25.4x | $2.1B | +7.1% |
| 45 | Paramount Skydance Corporation Class B Common StockPSKY | 4.8% | 20.9x | — | $10.2B | -1.5% |
| 46 | News Corp ANWSA | 4.6% | 21.5x | 36.3x | $15.7B | +10.8% |
| 47 | Magnite IncMGNI | 4.5% | 22.2x | 24.5x | $3.7B | +11.2% |
| 48 | Snap IncSNAP | 4.4% | 22.9x | — | $10.0B | +18.9% |
| 49 | News Corp BNWS | 4.2% | 23.6x | 39.8x | $17.2B | +10.8% |
| 50 | Cinemark Holdings IncCNK | 4.2% | 23.7x | 27.6x | $4.2B | +18.9% |
Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.
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Questions
Which company ranks first on the highest free cash flow yield communication services stocks list?
Tencent Music Entertainment Group (TME), with a fcf yield of 73.6%, as of October 12, 2026.
How is this list built?
Free cash flow as a share of market value: how much cash the business produced for each dollar of stock. US companies worth over $1 billion, highest first. It shows the top 50 and is rebuilt every day.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.