Vodafone GroupLSE:VOD -0.84%49 EBITDA Margin % is 36.26% as of Mar. 2026, which is 8% below its 10-year median of 39.59. GuruFocus rates LSE:VOD with a GF Score™ of 49/100 and a GF Value™ of £0.96 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, Vodafone Group ranks better than 72.21% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Vodafone Group's EBITDA for the
six
months ended in Mar. 2026 was £6,555 Mil. Vodafone Group's Revenue for the
six
months ended in Mar. 2026 was £18,080 Mil. Therefore, Vodafone Group's EBITDA margin for the quarter that ended in Mar. 2026 was 36.26%.
Vodafone Group (LSE:VOD) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Vodafone Group EBITDA Margin % Related Terms
Vodafone Group EBITDA Margin % Historical Data
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The historical data trend for Vodafone Group's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LSE:VOD vs TMUS, VZ, T: EBITDA Margin % Comparison
For the Telecom Services subindustry, Vodafone Group's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vodafone Group EBITDA Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Vodafone Group's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Vodafone Group's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vodafone Group (LSE:VOD) has a EBITDA Margin % of 36.26% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Vodafone Group and its competitors. This is near median its historical median of 39.59. Over the past decade, Vodafone Group's EBITDA Margin % has ranged from 20.14 to 68.45. According to the industry distribution chart, Vodafone Group ranks #102 out of 367 companies in the Telecommunication Services industry, placing it in the top 27.8%.
Is Vodafone Group's EBITDA Margin % too high?
Vodafone Group's current EBITDA Margin % of 36.26% is near median its 10-year median of 39.59. Over the past 10 years, this metric has ranged from a low of 20.14 to a high of 68.45. The Telecommunication Services industry median EBITDA Margin % is 25.57. Vodafone Group's value of 36.26% is 41.8% above this industry median. Based on the distribution chart, Vodafone Group ranks #102 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Vodafone Group has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vodafone Group's EBITDA Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodafone Group ranks #102 out of 367 companies for EBITDA Margin %. This puts Vodafone Group in the upper half of its industry. The industry median EBITDA Margin % is 25.57. Vodafone Group's value of 36.26% is 41.8% above this benchmark. Historically, Vodafone Group's own EBITDA Margin % has ranged from 20.14 to 68.45 over the past decade. While the company's 10-year median is 39.59 vs. the industry median of 25.57, Vodafone Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 25.57, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vodafone Group's current EBITDA Margin % of 36.26% is 41.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Vodafone Group and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 25.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodafone Group's current EBITDA Margin % is 36.26%, which is near median its own 10-year median of 39.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodafone Group stock overvalued right now?
Based on GuruFocus' analysis, Vodafone Group (LSE:VOD) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.96, compared to a current price of £1.06 — trading 10.8% above its estimated fair value. The current EBITDA Margin % is 36.26%, which is near median its 10-year median of 39.59 and 41.8% above the Telecommunication Services industry median of 25.57. Vodafone Group's overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Vodafone Group (LSE:VOD), the current EBITDA Margin % is 36.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vodafone Group (LSE:VOD) Overvalued in 2026?
Based on GuruFocus' analysis, Vodafone Group stock appears to be overvalued.
The current stock price of £1.06 is trading 10.8% above its estimated GF Value™ of £0.96.
GuruFocus considers Vodafone Group to be Modestly Overvalued.
Key valuation signals for LSE:VOD:
EBITDA Margin %: 36.26% (near median its 10-year median of 39.59)
GF Value™: £0.96 vs. price of £1.06 (10.8% above fair value)
Industry Position: 41.8% above the Telecommunication Services median (#102 of 367)
No single metric tells the full story. See the LSE:VOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 2024, consolidating the mobile market. It also divested its Spanish and Italian divisions in that same year, given their low returns on invested capital.
49GF Score
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