Verizon Communications Inc. VZ
47.08
(0.24)
(0.51%)
as of 25 Sep
- Market cap
- $197.0B
- P/E
- 12.3×
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Verizon Communications Inc. (VZ) Gross margin
Verizon Communications Inc.'s gross margin over the twelve months to 30 June 2026 was 59.3%, up 0.3 percentage points from fiscal 2025 (58.9%). Over the past ten years it has ranged from 56.8% (fiscal 2022) to 60.1% (fiscal 2020); the current reading is higher than 64% of that period. That is above the Telecom Services industry median of 51.3% and above the Communication Services sector median of 53.1%.
Gross margin, annual
Annual
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 58.9% | (0.95) |
| FY2024 | 59.9% | 0.84 |
| FY2023 | 59.0% | 2.24 |
| FY2022 | 56.8% | (1.07) |
| FY2021 | 57.9% | (2.23) |
| FY2020 | 60.1% | 1.59 |
| FY2019 | 58.5% | 0.92 |
| FY2018 | 57.6% | (0.32) |
| FY2017 | 57.9% | (0.27) |
| FY2016 | 58.2% | (1.90) |
Quarterly
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 61.8% | 1.50 |
| Mar 2026 | 60.3% | 5.59 |
| Dec 2025 | 54.7% | (5.83) |
| Sep 2025 | 60.5% | 0.78 |
| 42 more quarters | Free account |
Against its own ten years
Low 56.8%
High 60.1%
Ten-year median
58.5%
Current reading's percentile
64
Gross margin against peers
| Company | Gross margin |
|---|---|
| AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare | 66.5% |
| TMUS T-Mobile US, Inc. compare | 62.2% |
| T AT&T Inc. compare | 59.7% |
| VZ Verizon Communications Inc. | 59.3% |
| CHT Chunghwa Telecom Co., Ltd. compare | 36.5% |
| CMCSA Comcast Corporation compare | 34.5% |
| VOD Vodafone Group PLC compare | 32.1% |
| ECHO EchoStar Corporation compare | 29.5% |
| ORANY Orange compare | 16.3% |
| Telecom Services industry median | 51.3% |
| Communication Services sector median | 53.1% |
| Market median | 46.3% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on VZ
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement