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.
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Verizon Communications Inc. (VZ) Total debt
Verizon Communications Inc.'s total debt at the end of fiscal 2025 was $158.2B, up 9.82% from $144.0B in fiscal 2024. At the end of the quarter to 30 June 2026 it was $165.2B. Over the past ten years it has ranged from $90.9B (fiscal 2018) to $158.2B (fiscal 2025) — the current reading is the highest in ten years. Verizon Communications Inc. ranks 1st of 55 Telecom Services companies by total debt.
Total debt, annual
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Annual newest first
| Period | Total debt | Change |
|---|---|---|
| FY2025 | $158.2B | 9.82% |
| FY2024 | $144.0B | (4.42%) |
| FY2023 | $150.7B | 0.02% |
| FY2022 | $150.6B | (0.15%) |
| FY2021 | $150.9B | 16.90% |
| FY2020 | $129.1B | 15.76% |
| FY2019 | $111.5B | 22.61% |
| FY2018 | $90.9B | (22.35%) |
| FY2017 | $117.1B | 8.34% |
| FY2016 | $108.1B | (1.50%) |
Quarterly newest first
| Period | Total debt | Change |
|---|---|---|
| Jun 2026 | $165.2B | (4.19%) |
| Mar 2026 | $172.5B | 9.05% |
| Dec 2025 | $158.2B | 7.75% |
| Sep 2025 | $146.8B | 0.53% |
| 42 more quarters | Free account |
Against its own ten years
Total debt against peers
| Company | Total debt |
|---|---|
| VZ Verizon Communications Inc. | $165.2B |
| T AT&T Inc. compare | $144.0B |
| CMCSA Comcast Corporation compare | $90.4B |
| TMUS T-Mobile US, Inc. compare | $83.1B |
| VOD Vodafone Group PLC compare | $61.0B |
| ORANY Orange compare | $55.7B |
| AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare | $27.4B |
| ECHO EchoStar Corporation compare | $17.4B |
| CHT Chunghwa Telecom Co., Ltd. compare | $866.1M |
What Total debt is
Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.
Long Term Debt (Total) + Current Part of Debt
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
- Return on invested capital
- Debt to equity
- Current ratio
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement