Side by sideVodafone (VOD.L) and BT (BT-A.L)Memos of October 15, 2026 and October 16, 2026
Vodafone vs BT stock: the numbers side by side (October 2026)
How do Vodafone and BT compare?
| Vodafone VOD.L | BT BT-A.L | |
|---|---|---|
| Free cash flow | 1,174EUR millions · Mar 2026 | 102£ millions · Mar 2026 |
| Free cash flow yield | 3.6%Today (Oct 15, 2026) | 0.5%Today (Oct 16, 2026) |
| Dividend yield | 3.3%Today (Oct 15, 2026) | 4.0%Today (Oct 16, 2026) |
| P/E, next 12 months | 12.5xToday (Oct 15, 2026) | 11.06xToday (Oct 16, 2026) |
| Weighted price forecast, about 1 year | 155.13 (+35 %)October 2027 | 296.05 (+47 %)October 2027 |
| Weighted price forecast, about 3 years | 197.60 (+76 %)October 2029 | 352.57 (+82 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Free cash flow | — | The higher figure |
| Free cash flow yield | Vodafone | The higher figure |
| Dividend yield | BT | The higher figure |
| P/E, next 12 months | BT | The lower figure |
| Weighted price forecast, about 1 year | BT | The higher weighted return |
| Weighted price forecast, about 3 years | BT | The higher weighted return |
What does each company do?
Vodafone sells mobile, broadband and business connectivity, plus IoT (Internet of Things: devices that connect to the internet and exchange data), to households, businesses, public bodies and telecom operators.
Vodafone (VOD.L), from our memo of October 15, 2026 · Vodafone stock forecast
BT sells broadband—internet service delivered to homes and businesses—mobile and entertainment to households, business connectivity and managed services to organisations, and network access to other providers.
BT (BT-A.L), from our memo of October 16, 2026 · BT stock forecast