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

45.81 0.31 −0.67%
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) Return on invested capital

Alert me on Return on invested capital

Verizon Communications Inc.'s return on invested capital over the twelve months to 30 September 2026 was 6.75%, down 0.7 percentage points from fiscal 2025 (7.47%). Over the past ten years it has ranged from 5.90% (fiscal 2023) to 16.8% (fiscal 2015); the current reading is higher than 27% of that period. That is above the Telecom Services industry median of 3.77% and above the Communication Services sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 7.47% 0.01
FY2024 7.46% 1.56
FY2023 5.90% (2.02)
FY2022 7.92% (0.85)
FY2021 8.77% (1.45)
FY2020 10.2% (0.84)
FY2019 11.1% 1.32
FY2018 9.74% (0.99)
FY2017 10.7% (3.42)
FY2016 14.2% (2.68)

Against its own ten years

Low 5.90% High 16.8%
Ten-year median 9.74%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 15.4%
CHT Chunghwa Telecom Co., Ltd. compare 9.58%
TMUS T-Mobile US, Inc. compare 9.14%
VZ Verizon Communications Inc. 6.75%
CMCSA Comcast Corporation compare 6.57%
T AT&T Inc. compare 5.43%
ECHO EchoStar Corporation compare 1.35%
ORANY Orange compare 0.00%
VOD Vodafone Group PLC compare 0.00%
Telecom Services industry median 3.77%
Communication Services sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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