Verizon Communications VZ
- Market cap
- $185.6B
- PE
- 11.6×
- 10y median 11.8×
- Forward PE
- 8.7×
- 10y median 10.4×
- Price to sales
- 1.3×
- EV/EBIT
- 11.6×
- Revenue, 12 months
- $138.9B
- +1% on a year ago
- Net margin
- 11.6%
- Free cash flow yield
- 11.6%
Verizon Communications trades at 11.6× trailing earnings, near its ten-year median. Revenue was $138.9B over the last twelve months, up 1% on a year earlier with a 12% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $33.3B−3% | $35.1B−0% | $33B+0% | $32.8B+1% | $33.3B+0% | $35.7B+2% | $33.5B+2% | $34.5B+5% | $33.8B+2% | $36.4B+2% | $34.4B+3% | $34.3B−1% | |
| Cost of revenue | $13.4B−8% | $15.2B−4% | $12.9B−5% | $12.5B−2% | $13.2B−2% | $15.5B+2% | $13.1B+1% | $13.9B+11% | $13.3B+1% | $16.5B+6% | $13.7B+5% | $13.1B−6% |
| Gross profit | $19.9B+1% | $19.9B+2% | $20.1B+4% | $20.3B+3% | $20.1B+1% | $20.2B+1% | $20.4B+2% | $20.6B+1% | $20.5B+2% | $19.9B−1% | $20.8B+2% | $21.2B+3% |
| SG&A | $8B+8% | $9B+12% | $8.1B+9% | $8B−3% | $9.7B+21% | $8.2B−8% | $7.9B−3% | $7.8B−3% | $7.8B−20% | $10.4B+26% | $7.6B−3% | $9B+15% |
| $7.5B−5% | $600M−92% | $7.5B−1% | $7.8B+8% | $5.9B−21% | $7.4B+1137% | $8B+6% | $8.2B+5% | $8.1B+37% | $5B−33% | $8.2B+3% | $7.2B−12% | |
| Interest expense | $1.4B+53% | $1.6B+45% | $1.6B+36% | $1.7B+32% | $1.7B+17% | $1.6B+3% | $1.6B−0% | $1.6B−4% | $1.7B−1% | $1.8B+7% | $1.9B+19% | $2B+21% |
| Pre-tax income | $6.2B−5% | −$1.8B | $6.1B−7% | $6B−1% | $4.3B−31% | $6.6B | $6.5B+7% | $6.6B+10% | $6.5B+52% | $3.1B−53% | $6.8B+5% | $5.3B−20% |
| $1.3B−13% | $756M−64% | $1.4B−9% | $1.3B−1% | $891M−32% | $1.5B+92% | $1.5B+10% | $1.5B+12% | $1.5B+65% | $615M−58% | $1.6B+10% | $1.3B−11% | |
| Net income | $4.8B−3% | −$2.7B | $4.6B−6% | $4.6B−1% | $3.3B−31% | $5B | $4.9B+6% | $5B+9% | $5B+50% | $2.3B−53% | $5B+3% | $3.8B−23% |
| $1.13−3% | −$0.64 | $1.09−7% | $1.09−1% | $0.78−31% | $1.18 | $1.15+6% | $1.18+8% | $1.17+50% | $0.55−53% | $1.20+4% | $0.92−22% | |
| 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B+0% | 4.2B−0% | 4.2B−1% |
Gross profit: 73 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
Net income: 6 periods, Q4 FY20 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: 8 periods, Q4 FY08 to Q3 FY10: quarter's net income to common over its shares, to the cent. 6 periods, Q4 FY20 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: 7 periods, Q4 FY08 to Q4 FY19: share-days: the 12-month average less the 9-month, weighted by days. 7 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release. Q4 FY10: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. 3 periods, Q4 FY11 to Q4 FY14: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet. Figures from older filings without data tags, and from a results release before its 10-Q, are read from the document's text and checked against it.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $34.8B | $34.3B to $35.1B | $1.27 | $1.23 to $1.29 | 12 |
| Q4 FY26 | $37.3B | $36.8B to $37.7B | $1.16 | $1.13 to $1.17 | 11 |
| Q1 FY27 | $35.3B | $34.8B to $35.6B | $1.33 | $1.30 to $1.34 | 4 |
| Q2 FY27 | $35.5B | $35B to $35.8B | $1.35 | $1.32 to $1.36 | 4 |
| Q3 FY27 | $35.5B | $35B to $35.9B | $1.39 | $1.36 to $1.40 | 7 |
| Q4 FY27 | $37.7B | $37.2B to $38.1B | $1.24 | $1.22 to $1.25 | 4 |
| Q1 FY28 | $35.1B | $34.7B to $35.5B | $1.32 | $1.29 to $1.33 | 5 |
| Q2 FY28 | $35.3B | $34.8B to $35.6B | $1.12 | $1.10 to $1.14 | 6 |
Peers
Companies in Telecommunications Services nearest Verizon Communications' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| VZVerizon Communications | $185.6B | 11.6× | 11.8× | 8.7× | 1.3× | +1% | 11.6% |
| TMUST-Mobile US | $157.2B | 15.3× | 25.1× | 11.6× | 1.7× | +10% | 11.5% |
| TAT&T | $143.4B | 11.3× | 11.4× | 8.3× | 1.1× | +4% | n/m |
| CMCSAComcast | $80.5B | 7.3× | 15.5× | 6.6× | 0.6× | +1% | 9.0% |
| Peer median | $143.4B | 11.3× | 15.5× | 8.3× | 1.1× | +4% | 10.2% |
More on Verizon Communications
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #6of 25Telecom stocks with the highest profit margins
- #4of 15Communication services stocks with the lowest forward PE
- #6of 14Telecom stocks with the lowest PE ratio
- #10of 21Telecom stocks with the lowest EV/EBIT
- #7of 14Telecom stocks with the highest free cash flow yield
- #7of 11Telecom stocks with the fastest earnings growth
- #8of 11Telecom stocks cheapest against their own PE history
Its groups
About
- Industry
- Telecommunications Services
- Sector
- Communication Services
Valuation data, not investment advice. Prices as of .