VZ

Verizon Communications
D

VZ

Arincen49/100B

If you had invested in Verizon Communications ago, it would be worth $1,714 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

49/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation7.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength0

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Verizon Communications key facts

Style
Dividend stock · 10.0/10Growth 2.5 · Value 5.2 · Dividend 10.0
Day range
46.450 – 46.870
52-week range
38.680 – 51.680
Market capitalization
193.18B USD
P/E
11.89
PEG ratio
1.44
EPS
3.92
Div Yield
6.07%
EPS growth forecast (FY2026)
+7.2%
Volume
83,101
Beta
0.26
ESG score
69.5/100Environment 78 · Social 59 · Governance 71
Sector
Communication Services
Industry
Telecommunications Services
CEO
Daniel H. Schulman
Employees
90K
IPO date
21 Nov 1983

Verizon Communications earnings

Next earnings · Q4 FY2026
EPS estimate
1.15 USD
Revenue estimate
37.07B USD
Last quarter · Q3 FY2026
EPS1.31Beat +3.1%Revenue34.31BMissed -1.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20271.37——+4.92%35.09B——+2.26%
Q2 FY20271.35——+3.50%35.19B——+2.74%
Q1 FY20271.32——+3.03%35.24B——+2.45%
Q4 FY20261.15——+5.50%37.07B——+1.83%
Q3 FY20261.271.31+3.15%+8.26%34.77B34.31B-1.31%+1.52%
Q2 FY20261.281.30+1.56%+6.56%35.16B34.25B-2.59%-0.73%
Q1 FY20261.211.28+5.79%+7.56%34.82B34.40B-1.22%+2.73%
Q4 FY20251.051.09+3.81%-0.91%36.09B36.40B+0.86%+2.02%
Q3 FY20251.191.21+1.68%+1.68%34.26B33.80B-1.33%+1.41%
Q2 FY20251.191.22+2.52%+6.09%33.74B34.50B+2.25%+5.21%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Verizon Communications analyst forecast

12-month price target
47.86 USD
+2.68%

Analysts' 1-year price targets range from 44.00 to 52.00, with an average of 47.86.

Past year
1-year forecast
Strong sellStrong buy
Hold
13 ratings
Buy
6
Hold
7
Sell
0

12-month price target

Highest target52.00
Average target47.86
Lowest target44.00
Current price46.61

Verizon Communications valuation

Price to earnings ratio (TTM)
11.89
Forward P/E (FY2026)
9.23
Price to sales (TTM)
1.39
Price to book
1.82
EV / EBITDA (TTM)
7.72

Capital structure

Market capitalization
193.18B USD
+
Total debt
188.97B USD
−
Cash and short-term investments
4.50B USD
=
Enterprise value
377.65B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)8.30————
FY2027 (est.)8.808.30———
FY2026 (est.)9.238.80———
Now (TTM)11.898.861.391.827.72
FY202510.038.071.251.657.41
FY20249.648.551.251.707.00
FY202313.668.231.181.728.26
FY20227.798.371.211.826.93
FY20219.7710.031.612.647.95

Verizon Communications against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: T-Mobile US, AT&T, and Comcast, the US Telecommunications Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median11.9
    6.119.1
  • Gross marginBelow its median45.6%
    44.3%46.6%
    Against its peers: 4 of 4Peers' median 59.6%
  • Operating marginBelow its median21.2%
    17.1%24.3%
    Against its peers: 2 of 4Peers' median 19.9%
  • Net marginBelow its median12.4%
    8.7%16.5%
    Against its peers: 4 of 4Peers' median 16.2%
  • Return on equityBelow its median16.4%
    12.6%27.0%
    Against its peers: 4 of 4Peers' median 19.8%
  • Free cash flow marginAbove its median14.2%
    7.6%14.4%
    Against its peers: 4 of 4Peers' median 15.5%
  • Revenue growthAbove its median2.5%
    -2.1%4.1%
    Against its peers: 3 of 4Peers' median 2.7%
  • EPS growthAt its median-1.9%
    -45.7%50.5%
    Against its peers: 4 of 4Peers' median 30.2%
  • Debt to EBITDAAbove its median3.81×
    3.54×4.36×
    Against its peers: 3 of 4Peers' median 3.18×
  • Current ratioHighest in 5 years0.91
    0.630.91
    Against its peers: 2 of 4Peers' median 0.91

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Verizon Communications growth and profitability

Revenue (TTM)
139.39B USD
Net income (TTM)
16.42B USD
Gross margin
59.07%
Operating margin
20.86%
Net margin
11.78%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY2025138.19B+2.52%17.17B-1.90%45.64%21.17%12.43%47.72B+0.41%
FY2024134.79B+0.61%17.51B+50.73%46.59%21.28%12.99%47.52B+18.40%
FY2023133.97B-2.09%11.61B-45.36%45.88%17.08%8.67%40.14B-18.01%
FY2022136.84B+2.41%21.26B-3.67%44.29%22.27%15.53%48.95B-0.35%
FY2021133.61B+4.15%22.07B+23.95%45.73%24.29%16.51%49.12B+9.26%

Verizon Communications revenue breakdown

By product

FY2025
Verizon Consumer Group: 78.6%Verizon Business Group: 21.4%78.6%Verizon Consumer Group21.4%Verizon Business Group
SegmentRevenueShare of revenueChange on the year
Verizon Consumer Group106.81B78.6%+3.8%
Verizon Business Group29.07B21.4%-1.6%

How Verizon Communications makes its money

Revenue138.19B 100.0%
Cost of revenue75.11B 54.4%
Gross profit63.08B 45.6%
Selling and administration33.82B 24.5%
Operating income29.26B 21.2%
Tax5.06B 3.7%
Other expense7.02B 5.1%
Net income17.17B 12.4%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Verizon Communications dividends

Annual dividend
2.83 USD
Dividend yield (indicated)
6.07%
Payout ratio
71.75%
Years of dividend growth
22
Frequency
Quarterly
Last payment
0.71 USD
Last ex-dividend date
9 Oct 2026
Last payment date
2 Nov 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share2.722.672.622.572.522.472.422.372.322.27

Verizon Communications financial health

Cash and short-term investments
4.50B USD
Total debt
188.97B USD
Net cash
-184.47B USD
Free cash flow (TTM)
21.11B USD
Current ratio
0.63
Debt to equity
1.78
Piotroski score
6 / 9
Altman Z-score
1.21

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202519.05B181.64B19.68B
FY20244.19B168.36B18.92B
FY20232.07B174.94B18.71B
FY20222.61B176.33B10.40B
FY20212.92B177.93B19.25B

Verizon Communications ownership

Institutions
71.17%
Institutional holders
3,280 (-107)
Free float
99.95%

Who owns the shares

Institutions 71.2% Others 28.8%
As of 30 Jun 2026

Shares free to trade

Free float 4.14B shares ·99.9% Closely held 2.22M shares ·0.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 20260513.66K5.50K
Q3 20260755.27K7.70K
Q2 202601371.76K73.07K
Q1 2026051.63M1.42M

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20254.23B4.23B+0.19%
FY20244.22B4.22B+0.19%
FY20234.21B4.22B+0.26%
FY20224.20B4.20B+1.30%
FY20214.15B4.15B+0.19%

Source: Financial Modeling Prep

Related Instruments News

Title: Verizon Communications

Sector: Communication Services
Industry: Telecommunications Services
Caterpillar Inc. is an American construction conglomerate. It is widely accepted as the largest construction equipment manufacturer in the world. The company specializes in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, as well as diesel-electric locomotives. It operates through the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and others. Caterpillar Inc. is consistently ranked in the top 100 on the Fortune 500 list of largest American companies by revenue. Caterpillar stock is tracked on the Dow Jones Industrial Average, confirming its status as one of the most important US companies engaged in industrial activities. Caterpillar Inc. came about from the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company. Although primarily a heavy machinery construction company, Caterpillar also manufactures and markets a line of clothing and workwear boots under its brand name. The company also produces the Cat phone brand of industrial-strength mobile phones.

Common questions about Verizon Communications stock