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
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Verizon Communications Inc. (VZ) 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
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)
More on VZ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- 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
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement