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Saturday 17 October 2026 Export VZ’s income statement to Excel — free account

Verizon Communications Inc.

VZ Communication Services Telecom Services

Verizon Communications Inc.’s revenue for fiscal 2025 (year ended December 2025) was $138.2 billion, up 2.52% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 22.0%, free cash flow grew 5.91% and total debt rose 13.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

44.66 0.26 +0.59%
Market cap
$184.5B
P/E
11.6×
Fwd P/E
9.4×
Dividend yield
6.30%
F-score
4/9
Altman Z
1.24
Beneish M
−2.69
Dividend safety
52/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Verizon Communications Inc. (VZ) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Verizon Communications Inc. (VZ) trades at a P/B ratio of 1.8×. Over the past ten years it has ranged from 1.3× (October 2023) to 19.3× (April 2015); the current reading is higher than 18% of that period. That is above the Telecom Services industry median of 1.4× and above the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.6× (2.94%)
FY2024 1.7× (3.92%)
FY2023 1.7× (4.27%)
FY2022 1.8× (29.62%)
FY2021 2.6× (26.22%)
FY2020 3.5× (13.16%)
FY2019 4.0× (4.68%)
FY2018 4.2× (13.29%)
FY2017 4.9× (47.20%)
FY2016 9.3× (12.44%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.7× (16.86%)
Mar 2026 2.0× 23.95%
Dec 2025 1.6× (6.84%)
Sep 2025 1.7× (0.23%)
42 more quarters

Against its own ten years

Low 1.3× High 19.3×
Ten-year median 3.6×
Current reading's percentile 19

P/B ratio against peers

Company P/B ratio
VOD Vodafone Group PLC compare n/m
ORANY Orange compare n/m
CMCSA Comcast Corporation compare 0.9×
T AT&T Inc. compare 1.3×
ECHO EchoStar Corporation compare 1.7×
VZ Verizon Communications Inc. 1.8×
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 2.9×
CHT Chunghwa Telecom Co., Ltd. compare 3.1×
TMUS T-Mobile US, Inc. compare 3.1×
Telecom Services industry median 1.4×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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