Vodafone Group Public Limited Company

NasdaqGS:VOD Stock Report

Market Cap: US$34.9b

Vodafone Group Management

Management criteria checks 3/4

Vodafone Group's CEO is Margherita Della Valle, appointed in Dec 2022, has a tenure of 3.42 years. total yearly compensation is €5.45M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth $8.25M. The average tenure of the management team and the board of directors is 5.7 years and 4 years respectively.

Key information

Margherita Della Valle

Chief executive officer

€5.4m

Total compensation

CEO salary percentage27.39%
CEO tenure3.4yrs
CEO ownership0.02%
Management average tenure5.7yrs
Board average tenure4yrs

Recent management updates

Recent updates

Seeking Alpha • Apr 18

Vodafone: Rotation 2 Months Ago, 'HOLD' In 2026

Summary Vodafone is rated 'HOLD' due to valuation concerns and limited upside, with a price target of £0.95/share ($11.45 ADR). Recent share price appreciation and a P/E near 15x have eroded the risk/reward profile, making VOD unattractive versus risk-free rates. Growth projections, especially from the Three UK merger and European operations, are viewed as overly optimistic and unlikely to materialize as forecast. VOD's yield has dropped below 3.4%, and medium-term risks include overreliance on Germany and macroeconomic pressures limiting earnings growth. Read the full article on Seeking Alpha
Seeking Alpha • Feb 04

Vodafone Q3 2025 Earnings Review: Strong Long-Term Play

Summary Vodafone released Q3 2025 earnings pre-market on Tuesday, February 4th with 5.2% service revenue growth and 2.2% EBITDAaL growth. Internal and external factors suggest the Germany market is at or near the bottom for Vodafone and industry trends will support growth in the next fiscal year. The dividend is safer than it appears given strong cash flow and the ability to pull back on deleveraging. Read the full article on Seeking Alpha
Seeking Alpha • Nov 12

Vodafone Group Q2: Further Pain Ahead, Potentially Moderating Next Year

Summary Vodafone Group Public Limited Company's Q2 '25 results showed a mixed performance, with significant declines in Germany and strong growth in Turkey, but the overall market reaction was negative. Germany's revenue decline is concerning, with management expecting a slow U-shaped recovery and further declines in the next quarter due to MDU transition. Despite strong growth in Turkey, the performance is expected to moderate, and Vodafone's lack of focus on Cloud and AI may hinder long-term revenue potential. Given the weaknesses and uncertainties, I am initiating coverage of VOD with a hold rating, awaiting further clarity on Germany's recovery and overall growth prospects. Read the full article on Seeking Alpha
Seeking Alpha • Jul 29

Vodafone: Potentially Undervalued, But Uncertainties Prevail Following Latest Updates

Summary Vodafone has been underperforming for over a decade, and is down 20% since May 2023, when CEO Margherita Della Valle announced a turnaround plan. The company has made good progress against its strategic objectives, improving customer satisfaction, driving productivity, and accelerating growth in most businesses in FY24. The group just completed the sale of Vodafone Spain and expects the sale of Vodafone Italy to close by early 2025, committing to use cash proceeds for deleveraging & buybacks. However, growth in Vodafone’s #1 market, Germany, is sluggish amidst legal changes, while the merger with Three UK may require costly remedies to get through. While VOD is potentially undervalued with a forward-looking dividend yield of 5%, growth prospects remain too uncertain for me to open a position. Read the full article on Seeking Alpha
Seeking Alpha • May 16

Vodafone Group: Uncertainty Surrounding Germany And U.K. Performance Remains

Summary Vodafone Group has seen a slight decrease in customer lifetime value across the Germany and UK markets. Uncertainty remains as to performance across the market in Germany and a potential merger with Three UK. I rate Vodafone Group as a hold at this time. Read the full article on Seeking Alpha
Seeking Alpha • Feb 21

Vodafone Q3 Update: All Signs Pointing Up

Summary Vodafone's Q3 2024 update shows positive results with service revenue accelerating and cost targets being achieved. Potential M&A activity in Italy adds to the company's strategic vision and growth prospects. DCF analysis suggests a price target of $12.04, indicating a 40% upside. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Margherita Della Valle's remuneration changed compared to Vodafone Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-€4b

Jun 30 2025n/an/a

-€4b

Mar 31 2025€5m€1m

-€4b

Dec 31 2024n/an/a

-€893m

Sep 30 2024n/an/a

€2b

Jun 30 2024n/an/a

€2b

Mar 31 2024€5m€1m

€1b

Sep 30 2023n/an/a

€11b

Jun 30 2023n/an/a

€12b

Mar 31 2023€4m€917k

€12b

Dec 31 2022n/an/a

€7b

Sep 30 2022n/an/a

€2b

Jun 30 2022n/an/a

€2b

Mar 31 2022€3m€831k

€2b

Dec 31 2021n/an/a

€985m

Sep 30 2021n/an/a

-€161m

Jun 30 2021n/an/a

-€24m

Mar 31 2021€3m€823k

€59m

Dec 31 2020n/an/a

€1b

Sep 30 2020n/an/a

€2b

Jun 30 2020n/an/a

€779m

Mar 31 2020€2m€790k

-€920m

Compensation vs Market: Margherita's total compensation ($USD6.40M) is below average for companies of similar size in the US market ($USD14.80M).

Compensation vs Earnings: Margherita's compensation has increased whilst the company is unprofitable.

CEO

Margherita Della Valle (60 yo)

3.4yrs
Tenure
€5,449,772
Compensation

Ms. Margherita Della Valle was Independent Non-Executive Director of Reckitt Benckiser Group plc from July 01, 2020 to April 1, 2026. Ms. Valle has been Executive Director of Vodafone Group Public Limited...

Leadership Team

NamePositionTenureCompensationOwnership
Margherita Della Valle
Group Chief Executive & Executive Director3.4yrs€5.45m0.024%
$ 8.2m
Maria López Álvarez
CFO & Executive Directorless than a yearno datano data
Scott Petty
Chief Digital & Information Officer and CTO9.3yrsno datano data
Matthew Johnson
Investor Relations Directorno datano datano data
Stefanie Reichel
Director of Legal & Compliance6.1yrsno datano data
Maaike De Bie
Group General Counsel & Company Secretary3.2yrsno datano data
Ruth McGill
Chief HR Officerless than a yearno datano data
António Rui Lacerda Carrapatoso
Chief Executive Officer of Vodafone Portugal Operationsno datano datano data
Rob Mukherjee
Head of North West regional business14.2yrsno datano data
Joakim Reiter
Chief External & Corporate Affairs Officer5.3yrsno datano data
Eloy Rodrigo
Chief Financial Officer of Vodafone Spain6.2yrsno datano data
Shameel Joosub
Chief Executive Officer of Vodacom Group14.3yrsno datano data
5.7yrs
Average Tenure
55yo
Average Age

Experienced Management: VOD's management team is seasoned and experienced (5.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Margherita Della Valle
Group Chief Executive & Executive Director7.8yrs€5.45m0.024%
$ 8.2m
Maria López Álvarez
CFO & Executive Directorless than a yearno datano data
Ahmed Essameldin Aboushelbaya
CEO of European Markets & Executive Chairman of Vodafone Germany2.1yrsno datano data
Stephen Carter
Independent Non-Executive Director3.8yrs€142.10k0.00076%
$ 265.3k
Simon Dingemans
Independent Non-Executive Director1.3yrs€34.63k0.00023%
$ 80.3k
Simon Segars
Senior Independent Non-Executive Director3.8yrs€304.49k0.00017%
$ 59.3k
Jean-Francois M. van Boxmeer
Independent Chairman of the Board5.8yrs€813.17k0.0059%
$ 2.1m
Antonio da Costa Coimbra
Non-Executive Chairman of Vodafone Spain5.5yrsno datano data
Michel Demare
Independent Non-Executive Director8.3yrs€143.29k0.00043%
$ 150.1k
Maria Moraleda Martinez
Independent Non-Executive Director8.9yrs€234.04k0.00013%
$ 45.4k
Deborah Kerr
Independent Non-Executive Director4.2yrs€149.26k0.00052%
$ 181.5k
Delphine Cunci
Independent Non-Executive Director & Workforce Engagement Lead3.8yrs€143.29k0.00038%
$ 132.6k
4.0yrs
Average Tenure
60yo
Average Age

Experienced Board: VOD's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 22:01
End of Day Share Price 2026/05/12 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vodafone Group Public Limited Company is covered by 37 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
John EadeArgus Research Company
William PowerBaird