45.715
USD
-0.44
(-0.95%)
Post Trading·45.700USD-0.015(-0.03%)
Last updated: · Delayed 15 min
Fair value39.15Plus+17%24Price 45.7275
Q4 FY2026 · Earnings report
EPS estimate 1.15Revenue estimate 37.07B
Q4 FY2026 · Earnings report
EPS estimate 1.15Revenue estimate 37.07B
Verizon Communications debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Verizon Communications's debt to equity ratio is 1.78: total debt of 188.97B USD against shareholders' equity of 105.99B USD.
- Today
- 1.78
- Average, 5 years
- 1.86
- Low, 5 years
- 1.62
- High, 5 years
- 2.18
Debt to equity = total debt ÷ shareholders' equity = 188.97B ÷ 105.99B = 1.78
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 1.78 | 188.97B | 105.99B | |
| FY2025 | 31 Dec 2025 | 1.92 | 200.59B | 104.46B |
| FY2024 | 31 Dec 2024 | 1.70 | 168.36B | 99.24B |
| FY2023 | 31 Dec 2023 | 1.89 | 174.94B | 92.43B |
| FY2022 | 31 Dec 2022 | 1.93 | 176.33B | 91.14B |
| FY2021 | 31 Dec 2021 | 2.18 | 177.93B | 81.79B |
| FY2020 | 31 Dec 2020 | 2.22 | 150.55B | 67.84B |
| FY2019 | 31 Dec 2019 | 2.17 | 133.14B | 61.40B |
| FY2018 | 31 Dec 2018 | 2.13 | 113.06B | 53.15B |
| FY2017 | 31 Dec 2017 | 2.72 | 117.10B | 43.10B |
| FY2016 | 31 Dec 2016 | 4.80 | 108.08B | 22.52B |
| FY2015 | 31 Dec 2015 | 6.68 | 109.73B | 16.43B |
| FY2014 | 31 Dec 2014 | 9.21 | 113.27B | 12.30B |
| FY2013 | 31 Dec 2013 | 2.41 | 93.59B | 38.84B |
| FY2012 | 31 Dec 2012 | 1.57 | 51.99B | 33.16B |
| FY2011 | 31 Dec 2011 | 1.53 | 55.15B | 35.97B |
| FY2010 | 31 Dec 2010 | 1.37 | 52.79B | 38.57B |
| FY2009 | 31 Dec 2009 | 1.50 | 62.26B | 41.38B |
| FY2008 | 31 Dec 2008 | 1.25 | 51.95B | 41.71B |
| FY2007 | 31 Dec 2007 | 0.62 | 31.16B | 50.58B |
| FY2006 | 31 Dec 2006 | 0.75 | 36.36B | 48.54B |
| FY2005 | 31 Dec 2005 | 0.96 | 38.26B | 39.68B |
| FY2004 | 31 Dec 2004 | 1.05 | 39.27B | 37.56B |
| FY2003 | 31 Dec 2003 | 1.36 | 45.38B | 33.47B |
| FY2002 | 31 Dec 2002 | 1.63 | 53.27B | 32.62B |
| FY2001 | 31 Dec 2001 | 1.98 | 64.33B | 32.54B |
| FY2000 | 31 Dec 2000 | 2.02 | 69.87B | 34.58B |
| FY1999 | 31 Dec 1999 | 1.80 | 47.48B | 26.38B |
| FY1998 | 31 Dec 1998 | 1.56 | 20.63B | 13.23B |
| FY1997 | 31 Dec 1997 | 1.51 | 19.61B | 12.99B |
| FY1996 | 31 Dec 1996 | 1.38 | 18.17B | 13.12B |
| FY1995 | 31 Dec 1995 | 1.25 | 8.34B | 6.68B |
| FY1994 | 31 Dec 1994 | 1.44 | 8.89B | 6.17B |
| FY1993 | 31 Dec 1993 | 1.20 | 9.88B | 8.22B |
| FY1992 | 31 Dec 1992 | 1.29 | 10.05B | 7.82B |
| FY1991 | 31 Dec 1991 | 1.27 | 9.97B | 7.83B |
| FY1990 | 31 Dec 1990 | 1.21 | 10.77B | 8.93B |
| FY1989 | 31 Dec 1989 | 1.10 | 9.45B | 8.59B |
| FY1988 | 31 Dec 1988 | 0.89 | 8.15B | 9.18B |
| FY1987 | 31 Dec 1987 | 0.67 | 5.86B | 8.74B |
| FY1986 | 31 Dec 1986 | 0.73 | 6.04B | 8.32B |
| FY1985 | 31 Dec 1985 | 0.70 | 5.53B | 7.92B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 1.78 | 188.97B | 105.99B |
| Q2 FY2026 | 30 Jun 2026 | 1.81 | 188.46B | 103.92B |
| Q1 FY2026 | 31 Mar 2026 | 1.90 | 195.87B | 103.31B |
| Q4 FY2025 | 31 Dec 2025 | 1.92 | 200.59B | 104.46B |
| Q3 FY2025 | 30 Sept 2025 | 1.62 | 170.45B | 105.04B |
| Q2 FY2025 | 30 Jun 2025 | 1.65 | 169.89B | 103.06B |
| Q1 FY2025 | 31 Mar 2025 | 1.67 | 167.71B | 100.72B |
| Q4 FY2024 | 31 Dec 2024 | 1.70 | 168.36B | 99.24B |
| Q3 FY2024 | 30 Sept 2024 | 1.81 | 174.20B | 96.33B |
| Q2 FY2024 | 30 Jun 2024 | 1.80 | 172.98B | 96.17B |
| Q1 FY2024 | 31 Mar 2024 | 1.86 | 175.63B | 94.33B |
| Q4 FY2023 | 31 Dec 2023 | 1.89 | 174.94B | 92.43B |
| Q3 FY2023 | 30 Sept 2023 | 1.76 | 172.07B | 97.74B |
| Q2 FY2023 | 30 Jun 2023 | 1.87 | 177.65B | 95.19B |
| Q1 FY2023 | 31 Mar 2023 | 1.92 | 178.33B | 92.88B |
| Q4 FY2022 | 31 Dec 2022 | 1.93 | 176.33B | 91.14B |
| Q3 FY2022 | 30 Sept 2022 | 1.99 | 174.04B | 87.47B |
| Q2 FY2022 | 30 Jun 2022 | 2.04 | 175.57B | 86.02B |
| Q1 FY2022 | 31 Mar 2022 | 2.15 | 180.16B | 83.76B |
| Q4 FY2021 | 31 Dec 2021 | 2.18 | 177.93B | 81.79B |
| Q3 FY2021 | 30 Sept 2021 | 2.31 | 178.09B | 77.04B |
| Q2 FY2021 | 30 Jun 2021 | 2.43 | 179.16B | 73.68B |
| Q1 FY2021 | 31 Mar 2021 | 2.52 | 179.80B | 71.23B |
| Q4 FY2020 | 31 Dec 2020 | 2.22 | 150.55B | 67.84B |
| Q3 FY2020 | 30 Sept 2020 | 2.11 | 137.21B | 65.07B |
| Q2 FY2020 | 30 Jun 2020 | 2.14 | 134.27B | 62.70B |
| Q1 FY2020 | 31 Mar 2020 | 2.31 | 139.18B | 60.21B |
| Q4 FY2019 | 31 Dec 2019 | 2.17 | 133.14B | 61.40B |
| Q3 FY2019 | 30 Sept 2019 | 2.22 | 130.77B | 58.92B |
| Q2 FY2019 | 30 Jun 2019 | 2.38 | 134.78B | 56.58B |
| Q1 FY2019 | 31 Mar 2019 | 2.43 | 135.63B | 55.86B |
| Q4 FY2018 | 31 Dec 2018 | 2.13 | 113.06B | 53.15B |
| Q3 FY2018 | 30 Sept 2018 | 2.07 | 112.94B | 54.50B |
| Q2 FY2018 | 30 Jun 2018 | 2.20 | 114.64B | 52.02B |
| Q1 FY2018 | 31 Mar 2018 | 2.34 | 119.06B | 50.78B |
| Q4 FY2017 | 31 Dec 2017 | 2.72 | 117.10B | 43.10B |
| Q3 FY2017 | 30 Sept 2017 | 4.38 | 117.50B | 26.85B |
| Q2 FY2017 | 30 Jun 2017 | 4.67 | 117.54B | 25.19B |
| Q1 FY2017 | 31 Mar 2017 | 4.96 | 116.55B | 23.49B |
| Q4 FY2016 | 31 Dec 2016 | 4.80 | 108.08B | 22.52B |
| Q3 FY2016 | 30 Sept 2016 | 5.21 | 106.59B | 20.46B |
| Q2 FY2016 | 30 Jun 2016 | 5.18 | 99.73B | 19.24B |
| Q1 FY2016 | 31 Mar 2016 | 5.89 | 109.88B | 18.64B |
| Q4 FY2015 | 31 Dec 2015 | 6.68 | 109.73B | 16.43B |
| Q3 FY2015 | 30 Sept 2015 | 8.55 | 112.32B | 13.14B |
| Q2 FY2015 | 30 Jun 2015 | 9.96 | 113.67B | 11.42B |
| Q1 FY2015 | 31 Mar 2015 | 12.14 | 113.39B | 9.34B |
| Q4 FY2014 | 31 Dec 2014 | 9.21 | 113.27B | 12.30B |
| Q3 FY2014 | 30 Sept 2014 | 6.59 | 109.23B | 16.58B |
| Q2 FY2014 | 30 Jun 2014 | 7.38 | 109.98B | 14.90B |
| Q1 FY2014 | 31 Mar 2014 | 8.64 | 109.77B | 12.71B |
| Q4 FY2013 | 31 Dec 2013 | 2.41 | 93.59B | 38.84B |
| Q3 FY2013 | 30 Sept 2013 | 2.83 | 99.14B | 34.99B |
| Q2 FY2013 | 30 Jun 2013 | 1.46 | 49.75B | 34.06B |
| Q1 FY2013 | 31 Mar 2013 | 1.59 | 52.88B | 33.31B |
| Q4 FY2012 | 31 Dec 2012 | 1.57 | 51.99B | 33.16B |
| Q3 FY2012 | 30 Sept 2012 | 1.40 | 52.80B | 37.65B |
| Q2 FY2012 | 30 Jun 2012 | 1.41 | 52.39B | 37.15B |
| Q1 FY2012 | 31 Mar 2012 | 1.41 | 51.60B | 36.67B |
| Q4 FY2011 | 31 Dec 2011 | 1.53 | 55.15B | 35.97B |
| Q3 FY2011 | 30 Sept 2011 | 1.41 | 54.92B | 39.05B |
| Q2 FY2011 | 30 Jun 2011 | 1.37 | 53.98B | 39.35B |
| Q1 FY2011 | 31 Mar 2011 | 1.57 | 61.20B | 38.99B |
| Q4 FY2010 | 31 Dec 2010 | 1.37 | 52.79B | 38.57B |
| Q3 FY2010 | 30 Sept 2010 | 1.40 | 53.17B | 37.92B |
| Q2 FY2010 | 30 Jun 2010 | 1.46 | 57.47B | 39.25B |
| Q1 FY2010 | 31 Mar 2010 | 1.52 | 61.55B | 40.46B |
| Q4 FY2009 | 31 Dec 2009 | 1.50 | 62.26B | 41.38B |
| Q3 FY2009 | 30 Sept 2009 | 1.45 | 62.82B | 43.19B |
| Q2 FY2009 | 30 Jun 2009 | 1.52 | 64.91B | 42.67B |
| Q1 FY2009 | 31 Mar 2009 | 1.65 | 69.13B | 41.85B |
| Q4 FY2008 | 31 Dec 2008 | 1.25 | 51.95B | 41.71B |
| Q3 FY2008 | 30 Sept 2008 | 0.88 | 44.78B | 50.95B |
| Q2 FY2008 | 30 Jun 2008 | 0.85 | 43.11B | 50.89B |
| Q1 FY2008 | 31 Mar 2008 | 0.71 | 35.85B | 50.28B |
| Q4 FY2007 | 31 Dec 2007 | 0.62 | 31.16B | 50.58B |
| Q3 FY2007 | 30 Sept 2007 | 0.63 | 31.45B | 49.69B |
| Q2 FY2007 | 30 Jun 2007 | 0.65 | 32.53B | 49.83B |
| Q1 FY2007 | 31 Mar 2007 | 0.71 | 34.68B | 48.78B |
| Q4 FY2006 | 31 Dec 2006 | 0.75 | 36.36B | 48.54B |
| Q3 FY2006 | 30 Sept 2006 | 0.90 | 41.68B | 46.28B |
| Q2 FY2006 | 30 Jun 2006 | 0.95 | 42.36B | 44.78B |
| Q1 FY2006 | 31 Mar 2006 | 0.96 | 43.05B | 44.77B |
| Q4 FY2005 | 31 Dec 2005 | 0.96 | 38.26B | 39.68B |
| Q3 FY2005 | 30 Sept 2005 | 1.01 | 39.44B | 39.22B |
| Q2 FY2005 | 30 Jun 2005 | 1.08 | 41.76B | 38.55B |
| Q1 FY2005 | 31 Mar 2005 | 1.03 | 39.19B | 37.98B |
| Q4 FY2004 | 31 Dec 2004 | 1.05 | 39.27B | 37.56B |
| Q3 FY2004 | 30 Sept 2004 | 1.15 | 40.52B | 35.17B |
| Q2 FY2004 | 30 Jun 2004 | 1.23 | 41.89B | 34.10B |
| Q1 FY2004 | 31 Mar 2004 | 1.33 | 44.45B | 33.50B |
| Q4 FY2003 | 31 Dec 2003 | 1.36 | 45.38B | 33.47B |
| Q3 FY2003 | 30 Sept 2003 | 1.29 | 45.46B | 35.14B |
| Q2 FY2003 | 30 Jun 2003 | 1.43 | 48.93B | 34.23B |
| Q1 FY2003 | 31 Mar 2003 | 1.51 | 54.08B | 35.77B |
| Q4 FY2002 | 31 Dec 2002 | 1.63 | 53.27B | 32.62B |
| Q3 FY2002 | 30 Sept 2002 | 1.80 | 57.45B | 31.85B |
| Q2 FY2002 | 30 Jun 2002 | 2.15 | 61.61B | 28.64B |
| Q1 FY2002 | 31 Mar 2002 | 2.03 | 62.92B | 31.01B |
| Q4 FY2001 | 31 Dec 2001 | 1.98 | 64.33B | 32.54B |
| Q3 FY2001 | 30 Sept 2001 | 1.83 | 63.89B | 34.84B |
| Q2 FY2001 | 30 Jun 2001 | 1.86 | 64.87B | 34.91B |
| Q1 FY2001 | 31 Mar 2001 | 1.78 | 61.82B | 34.70B |
| Q4 FY2000 | 31 Dec 2000 | 2.02 | 69.87B | 34.58B |
| Q3 FY2000 | 30 Sept 2000 | 1.50 | 51.71B | 34.48B |
| Q2 FY2000 | 30 Jun 2000 | 1.56 | 53.35B | 34.18B |
| Q1 FY2000 | 31 Mar 2000 | 1.54 | 25.96B | 16.83B |
| Q4 FY1999 | 31 Dec 1999 | 1.80 | 47.48B | 26.38B |
| Q3 FY1999 | 30 Sept 1999 | 1.32 | 20.75B | 15.71B |
| Q2 FY1999 | 30 Jun 1999 | 1.38 | 20.94B | 15.13B |
| Q1 FY1999 | 31 Mar 1999 | 1.46 | 19.99B | 13.70B |
| Q4 FY1998 | 31 Dec 1998 | 1.56 | 20.63B | 13.23B |
| Q3 FY1998 | 30 Sept 1998 | 1.57 | 20.13B | 12.80B |
| Q2 FY1998 | 30 Jun 1998 | 1.49 | 19.86B | 13.37B |
| Q1 FY1998 | 31 Mar 1998 | 1.55 | 20.23B | 13.04B |
| Q4 FY1997 | 31 Dec 1997 | 1.51 | 19.61B | 12.99B |
| Q3 FY1997 | 30 Sept 1997 | 2.30 | 29.23B | 12.68B |
| Q2 FY1997 | 30 Jun 1997 | 1.02 | 8.09B | 7.89B |
| Q1 FY1997 | 31 Mar 1997 | 1.06 | 8.21B | 7.75B |
| Q4 FY1996 | 31 Dec 1996 | 1.38 | 18.17B | 13.12B |
| Q3 FY1996 | 30 Sept 1996 | 1.04 | 7.55B | 7.29B |
| Q2 FY1996 | 30 Jun 1996 | 1.12 | 7.97B | 7.09B |
| Q1 FY1996 | 31 Mar 1996 | 1.20 | 7.86B | 6.57B |
| Q4 FY1995 | 31 Dec 1995 | 1.25 | 8.34B | 6.68B |
| Q3 FY1995 | 30 Sept 1995 | 1.31 | 8.82B | 6.71B |
| Q2 FY1995 | 30 Jun 1995 | 1.48 | 9.49B | 6.40B |
| Q1 FY1995 | 31 Mar 1995 | 1.47 | 9.06B | 6.17B |
| Q4 FY1994 | 31 Dec 1994 | 1.44 | 8.89B | 6.17B |
| Q3 FY1994 | 30 Sept 1994 | 1.44 | 9.26B | 6.43B |
| Q2 FY1994 | 30 Jun 1994 | 1.07 | 9.14B | 8.58B |
| Q1 FY1994 | 31 Mar 1994 | 1.20 | 10.02B | 8.34B |
| Q4 FY1993 | 31 Dec 1993 | 1.20 | 9.88B | 8.22B |
| Q3 FY1993 | 30 Sept 1993 | 1.15 | 9.48B | 8.24B |
| Q2 FY1993 | 30 Jun 1993 | 1.21 | 9.78B | 8.11B |
| Q1 FY1993 | 31 Mar 1993 | 1.23 | 9.84B | 8.01B |
| Q4 FY1992 | 31 Dec 1992 | 1.29 | 10.05B | 7.82B |
| Q3 FY1992 | 30 Sept 1992 | 1.30 | 10.08B | 7.73B |
| Q2 FY1992 | 30 Jun 1992 | 1.42 | 10.77B | 7.58B |
| Q1 FY1992 | 31 Mar 1992 | 1.23 | 9.84B | 8.01B |
| Q4 FY1991 | 31 Dec 1991 | 1.27 | 9.97B | 7.83B |
| Q3 FY1991 | 30 Sept 1991 | 1.13 | 10.55B | 9.35B |
| Q2 FY1991 | 30 Jun 1991 | 1.20 | 10.99B | 9.14B |
| Q1 FY1991 | 31 Mar 1991 | 1.20 | 10.87B | 9.05B |
| Q4 FY1990 | 31 Dec 1990 | 1.21 | 10.77B | 8.93B |
| Q3 FY1990 | 30 Sept 1990 | 1.23 | 10.99B | 8.91B |
| Q2 FY1990 | 30 Jun 1990 | 1.15 | 10.08B | 8.75B |
| Q1 FY1990 | 31 Mar 1990 | 1.13 | 9.75B | 8.62B |
| Q4 FY1989 | 31 Dec 1989 | 1.10 | 9.45B | 8.59B |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 0.89 | 8.15B | 9.18B |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.67 | 5.86B | 8.74B |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 0.73 | 6.04B | 8.32B |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 0.70 | 5.53B | 7.92B |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Verizon Communications's debt to equity
Source: Financial Modeling Prep
