Jurors took just under five hours to reach their verdicts.
Judge Michael Henshell said they faced a stark decision on the truth in that either the girl had entered the witness box to recall traumatic events she had suffered or she was a dishonest person who had come to court to "quite literally destroy'' the life of the defendant.
The "demons'' in Le Vell's private life were laid bare in the trial - his alcoholism and womanising while his wife battled breast cancer.
But while Le Vell might be described as a "weak, stupid and drunk man'' and a "bad husband'', he was not a child rapist, his barrister told the jury.
Le Vell, who had mouthed "thank you'' to the jury as the verdict was read out, had told police the girl's accusations were "an absolute pack of lies''.
Emerging from the court, an emotional Le Vell thanked his family, fans and ITV for their support, and said he was "delighted'' with the verdict.
He has not appeared in Coronation Street since legal proceedings were launched earlier this year, but is expected to return.
- Agencies
