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.

Revenue
+1.45%
EPS
+6.84%
Free cash flow
−33.3%
Total debt
+13.3%

Quarter to September 2026, against a year earlier

46.09 0.08 −0.17%
Market cap
$191.2B
P/E
11.8×
Fwd P/E
9.9×
Dividend yield
6.10%
F-score
4/9
Altman Z
1.24
Beneish M
−2.69
Dividend safety
52/100

Verizon Communications Inc. (VZ) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Verizon Communications Inc. (VZ) trades at a P/E ratio of 11.8×. Over the past ten years it has ranged from 6.1× (May 2018) to 21.1× (April 2015); the current reading is higher than 46% of that period. That is in line with the Telecom Services industry median of 12.3× and below the Communication Services sector median of 15.1×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 10.0× 4.11%
FY2024 9.6× (31.60%)
FY2023 14.1× 77.67%
FY2022 7.9× (18.67%)
FY2021 9.7× (28.65%)
FY2020 13.7× 3.69%
FY2019 13.2× (11.64%)
FY2018 14.9× 105.59%
FY2017 7.3× (57.21%)
FY2016 17.0× 60.63%

Quarterly newest first

Period P/E ratio Change
Sep 2026 11.7× 6.13%
Jun 2026 11.0× (9.95%)
Mar 2026 12.2× 22.05%
Dec 2025 10.0× 7.28%
43 more quarters

Against its own ten years

Low 6.1× High 21.1×
Ten-year median 12.2×
Current reading's percentile 50

P/E ratio against peers

Company P/E ratio
ECHO EchoStar Corporation compare 2.7×
ORANY Orange compare 7.1×
CMCSA Comcast Corporation compare 7.9×
VZ Verizon Communications Inc. 11.8×
T AT&T Inc. compare 11.8×
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 14.4×
TMUS T-Mobile US, Inc. compare 15.4×
CHT Chunghwa Telecom Co., Ltd. compare 29.6×
VOD Vodafone Group PLC compare 32.5×
Telecom Services industry median 12.3×
Communication Services sector median 15.1×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on VZ