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VZVerizon Communications Inc.
$42.07$175.7B
Overview & Verdict
OverviewShould I Buy?
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
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Income StatementBalance SheetCash FlowRatios & Margins
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VZ logoVerizon Communications Inc.(VZ)Earnings, Financials & Key Ratios

VZ•NYSE
$42.07
10.4× P/E·Price updated Jul 6, 2026
SectorCommunication ServicesIndustryTelecom ServicesSub-IndustryIntegrated Telecom and Media Groups
AboutVerizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.Show more
  • Revenue$138.19B+2.5%
  • EBITDA$47.61B-1.8%
  • Net Income$17.17B-1.9%
  • EPS (Diluted)4.06-2.2%
  • Gross Margin45.64%-2.0%
  • EBITDA Margin34.45%-4.2%
  • Operating Margin21.17%-6.7%
  • Net Margin12.43%-4.3%
  • ROE16.65%-7.6%

VZ Price & Volume

Verizon Communications Inc. (VZ) stock price & volume — 10-year historical chart

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Capital Intensity Pressures Verizon's Financial Flexibility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Stable
Profitability:Moderate
Financial:Strained
Cash Flow:Mixed
Primary Risk:High debt service burden

Key Thesis Takeaways

  • Verizon faces a challenging outlook characterized by stagnant top-line growth, which fluctuated between -0.3% and 5.2% over the last ten quarters, and persistent capital intensity that demands significant ongoing investment.
  • While the company maintains a stable dividend commitment of $2.9 billion per quarter, the high debt-to-equity ratio of 1.87 and elevated capital expenditure requirements, which peaked at 39.4% of revenue in 2026Q1, limit strategic flexibility.
  • Investors should monitor whether the company can achieve meaningful operating leverage to offset these structural costs and improve its current ratio of 0.64.

Verdict Logic

while the 5.8% dividend yield provides income, the company's negative free cash flow of $5.6 billion in 2026Q1 and high debt burden warrant caution regarding long-term capital allocation.

VZ Growth Metrics

Verizon Communications Inc. (VZ) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years0.49%
5 Years1.5%
3 Years0.33%
TTM2.85%

Profit CAGR

10 Years-0.4%
5 Years-0.71%
3 Years-6.86%
TTM-2.49%

EPS CAGR

10 Years-0.73%
5 Years-1.14%
3 Years-7.08%
TTM-2.38%

Return on Capital

10 Years10.94%
5 Years9.44%
3 Years9.03%
Last Year8.84%

VZ Recent Earnings

Verizon Communications Inc. (VZ) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 27, 2026
Metric
Actual
Est
EPS
$1.28+5.8%
$1.21
Rev
$34.4B-1.2%
$34.8B
Q1 2026
Jan 30, 2026
Metric
Actual
Est
EPS
$1.09+3.8%
$1.05
Rev
$36.4B+0.9%
$36.1B
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$1.21+1.7%
$1.19
Rev
$33.8B-1.3%
$34.3B
Q3 2025
Jul 21, 2025
Metric
Actual
Est
EPS
$1.22+2.5%
$1.19
Rev
$34.5B+2.3%
$33.7B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 27, 2026
$1.28vs $1.21+5.8%
$34.4Bvs $34.8B-1.2%
Q1 2026Jan 30, 2026
$1.09vs $1.05+3.8%
$36.4Bvs $36.1B+0.9%
Q4 2025Oct 29, 2025
$1.21vs $1.19+1.7%
$33.8Bvs $34.3B-1.3%
Q3 2025Jul 21, 2025
$1.22vs $1.19+2.5%
$34.5Bvs $33.7B+2.3%
Based on last 12 quarters of dataView full earnings history →

Latest VZ News

Recent stock market news and headlines for Verizon Communications Inc. (VZ)

247 Wallst·1 day ago
The Income Ladder: What It Takes To Go From $250 To $5,000 A Month

The personal saving rate was 3.0% in May 2026, while average annual household expenditures reached $78,535 in the 2024 Consumer Expenditure Survey. That gap helps explain why the income-ladder question keeps surfacing: what does it actually take to manufacture a paycheck from a portfolio when wages alone fall short? The math is unforgiving but simple.... The Income Ladder: What It Takes To Go From $250 To $5,000 A Month

Fool - Investing News·1 day ago
Meet the 4 S&P 500 Dividend Stocks That Yield at Least 6%. Here's My Strongest Buy of the Bunch in July.

One stands above the others.

Fool - Investing News·1 day ago
2 Monster Dividend Stocks to Buy Now and Hold Forever

Both of these stocks have a high forward yield, plus a decades-long track record of annual dividend growth.

247 Wallst·1 day ago
The Dividend Portfolio That Pays More Than The Average Rent In America

Average rent in the United States is roughly $2,000 a month in 2026, putting the annual tab near $24,000. Replace that bill with dividend income and the tenant becomes the owner of the income stream rather than the landlord's customer. The interesting question is how much capital it takes, and what you trade away at... The Dividend Portfolio That Pays More Than The Average Rent In America

Seeking Alpha·3 days ago
Buy In July: 8 IDEAL 'Safer' S&P 500 DiviDogs

Eight S&P 500 'safer' dividend dogs, including VICI, VZ, T, F, BEN, KMI, KEY, and RF, offer attractive yields with free cash flow coverage. Analyst projections for the top ten S&P 500 dividend dogs indicate potential net gains of 21.99% to 50.26% by July 2027, with an average risk 54% below market. The dividend dog strategy favors stocks where annual dividends from $1K invested exceed single share prices, signaling fair value and income potential.

Peers Comparison

Key metrics vs top competitors for Verizon Communications Inc. (VZ)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VZ logoVZVerizon Communications Inc.Current
$42.07$175.67B10.362.52%12.43%16.65%6.45%
T logoTAT&T Inc.
$20.49$143.09B6.742.71%16.92%16.85%—
TMUS logoTMUST-Mobile US, Inc.
$181.79$196.73B18.708.49%11.65%17.82%—
LUMN logoLUMNLumen Technologies, Inc.
$6.48$6.67B-3.70-5.39%-14.34%-79.42%—
FYBR logoFYBRFrontier Communications Parent, Inc.
$38.49$9.64B-29.613.23%-6.24%-7.91%—
SHEN logoSHENShenandoah Telecommunications Company
$13.11$725.27M-18.469.08%-16.48%-4.58%—

Compare VZ vs Peers

Verizon Communications Inc. (VZ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs T

Most directly comparable listed peer for VZ.

Scale Benchmark

vs AAPL

Larger-name benchmark to compare VZ against a more recognizable public peer.

Peer Set

Compare Top 5

vs T, TMUS, LUMN, FYBR

VZ SEC Filings & Documents

Verizon Communications Inc. (VZ) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 17, 2026·SEC

Material company update

Jun 2, 2026·SEC

Material company update

May 28, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 17, 2026·SEC

10-Q Quarterly Reports

2
FY 2026

May 1, 2026·SEC

FY 2025

Oct 29, 2025·SEC

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VZ Frequently Asked Questions

Verizon Communications Inc. (VZ) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Verizon Communications Inc.'s revenue?

Verizon Communications Inc. (VZ) reported $139.15B in revenue for fiscal year 2025. This represents a 377% increase from $29.16B in 1996.

How fast is Verizon Communications Inc. growing?

Verizon Communications Inc. (VZ) grew revenue by 2.5% over the past year. Growth has been modest.

Is VZ profitable?

Yes, Verizon Communications Inc. (VZ) is profitable, generating $17.34B in net income for fiscal year 2025 (12.4% net margin).

Dividend & Returns
Does VZ pay dividends?

Yes, Verizon Communications Inc. (VZ) pays a dividend with a yield of 6.45%. This makes it attractive for income-focused investors.

What is VZ's return on equity?

Verizon Communications Inc. (VZ) has a return on equity (ROE) of 16.6%. This is reasonable for most industries.

What is Verizon Communications Inc.'s free cash flow?

Verizon Communications Inc. (VZ) generated $10.68B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in VZ back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →