US · USD
VZ
Verizon Communications Inc
- Day's range
- US$45.73 – US$46.34
- Day's volume
- US$892.7m
- 52-week range
- US$36.56 – US$51.45
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See how VZ weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountVZ in numbers
- Market cap
- US$190.6bn
- P/E
- 11.49
- Dividend yield (12m)
- 6.09%
- Net debt/EBITDA
- 0.42
The 12-month dividend yield of VZ is 6.09%, below its 5-year average of 6.34%.
VZ price history
VZ risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +21.23% | +56.34% | +17.35% |
| Volatility (annualised) | 26.32% | 21.84% | 21.97% |
| Largest drawdown | -14.39% | -14.39% | -33.85% |
| Positive months | 6/12 | 19/36 | 32/60 |
How much did investing in VZ return?
US$1,000.00 invested on 01/10/2021 would be worth US$1,175.05 today.
- Value today in VZ
- US$1,175.05
- Return over the period
- +17.51%
- Return per year
- +3.28%
- In the S&P 500
- US$1,659.03
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
VZ fundamentals
Valuation
- P/E11.49
- P/B—
- EV/EBITDA4.43
- EV/EBIT7.38
- EV/Revenue1.52
- P/EBIT6.68
- P/S1.37
- P/OCF4.91
- P/FCF—
- Earnings yield13.55%
- PEG ratio—
- Earnings per shareUS$4.00
- Book value per share—
Debt
- Net debtUS$20bn
- Net debt/EBITDA0.42
- Net debt/Equity—
- Debt/Equity—
- Current ratio0.60
- Quick ratio0.57
- Cash ratio0.03
Efficiency
- Gross margin—
- EBITDA margin34.25%
- Operating margin20.54%
- Net margin11.96%
- Asset turnover0.34
Profitability
- ROE—
- ROA4.05%
- ROIC—
- Payout69.96%
Growth
- Revenue CAGR (5 years)0.89%
- Earnings CAGR (5 years)-3.64%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is VZ's fair price?
Two classic value formulas, with today's numbers. The current price is US$45.93.
- Graham's fair price
- —
- VZ's earnings per share and book value per share are not available, so the formula cannot be calculated.
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- US$43.73
- 4.80% below the price
US$2.62 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
VZ indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 9.76 | 9.38 | 13.10 | 7.61 | 9.64 | 13.66 | 13.18 | 14.96 |
| EV/EBITDA | 3.61 | 4.01 | 4.18 | 3.64 | 4.58 | 4.99 | 5.57 | 5.79 |
| Dividend yield | 6.69% | 6.68% | 6.96% | 6.53% | 4.86% | 4.21% | 3.95% | 4.22% |
| Earnings per share | US$4.17 | US$4.26 | US$2.88 | US$5.18 | US$5.39 | US$4.30 | US$4.66 | US$3.76 |
| EBITDA margin | 34.45% | 34.56% | 30.23% | 34.76% | 36.41% | 35.48% | 35.69% | 30.32% |
| Net margin | 12.74% | 13.32% | 9.03% | 15.89% | 16.93% | 13.88% | 14.61% | 11.87% |
| Net debt/EBITDA | 0.00 | 0.40 | 0.27 | 0.16 | 0.09 | -0.35 | 0.17 | -0.07 |
VZ financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | US$138.2bn | US$134.8bn | US$134bn | US$136.8bn | US$133.6bn | US$128.3bn |
| Cost of sales | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | US$47.6bn | US$46.6bn | US$40.5bn | US$47.6bn | US$48.7bn | US$45.5bn |
| EBIT | US$29.3bn | US$28.7bn | US$22.9bn | US$30.5bn | US$32.4bn | US$28.8bn |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$22.7bn | US$23bn | US$17bn | US$28.3bn | US$29.4bn | US$24bn |
| Income tax | -US$5.1bn | -US$5bn | -US$4.9bn | -US$6.5bn | -US$6.8bn | -US$5.6bn |
| Net income | US$17.6bn | US$17.9bn | US$12.1bn | US$21.7bn | US$22.6bn | US$17.8bn |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does VZ pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/10/2026 | 02/11/2026 | US$0.71 |
Dividend yield per year
- 4.39%2017
- 4.22%2018
- 3.95%2019
- 4.21%2020
- 4.86%2021
- 6.53%2022
- 6.96%2023
- 6.68%2024
- 6.69%2025
- 4.59%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/07/2026 | 03/08/2026 | US$0.71 |
| Dividend | 09/04/2026 | 01/05/2026 | US$0.71 |
| Dividend | 09/01/2026 | 02/02/2026 | US$0.69 |
| Dividend | 09/10/2025 | 03/11/2025 | US$0.69 |
| Dividend | 09/07/2025 | 01/08/2025 | US$0.68 |
| Dividend | 09/04/2025 | 01/05/2025 | US$0.68 |
| Dividend | 09/01/2025 | 03/02/2025 | US$0.68 |
| Dividend | 09/10/2024 | 01/11/2024 | US$0.68 |
| Dividend | 09/07/2024 | 01/08/2024 | US$0.67 |
| Dividend | 08/04/2024 | 01/05/2024 | US$0.67 |
| Dividend | 08/01/2024 | 01/02/2024 | US$0.67 |
| Dividend | 05/10/2023 | 01/11/2023 | US$0.67 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/07/2023 | 01/08/2023 | US$0.65 |
| Dividend | 05/04/2023 | 01/05/2023 | US$0.65 |
| Dividend | 06/01/2023 | 01/02/2023 | US$0.65 |
| Dividend | 05/10/2022 | 01/11/2022 | US$0.65 |
| Dividend | 06/07/2022 | 01/08/2022 | US$0.64 |
| Dividend | 06/04/2022 | 02/05/2022 | US$0.64 |
| Dividend | 06/01/2022 | 01/02/2022 | US$0.64 |
| Dividend | 06/10/2021 | 01/11/2021 | US$0.64 |
| Dividend | 07/07/2021 | 02/08/2021 | US$0.63 |
| Dividend | 07/04/2021 | 03/05/2021 | US$0.63 |
| Dividend | 06/01/2021 | 01/02/2021 | US$0.63 |
| Dividend | 07/10/2020 | 02/11/2020 | US$0.63 |
| Dividend | 08/07/2020 | 03/08/2020 | US$0.62 |
| Dividend | 08/04/2020 | 01/05/2020 | US$0.62 |
| Dividend | 08/01/2020 | 03/02/2020 | US$0.62 |
| Dividend | 08/10/2019 | 01/11/2019 | US$0.62 |
| Dividend | 08/07/2019 | 01/08/2019 | US$0.60 |
| Dividend | 08/04/2019 | 01/05/2019 | US$0.60 |
| Dividend | 08/01/2019 | 01/02/2019 | US$0.60 |
| Dividend | 08/10/2018 | 01/11/2018 | US$0.60 |
| Dividend | 06/07/2018 | 01/08/2018 | US$0.59 |
| Dividend | 06/04/2018 | 01/05/2018 | US$0.59 |
| Dividend | 08/01/2018 | 01/02/2018 | US$0.59 |
| Dividend | 05/10/2017 | 01/11/2017 | US$0.59 |
| Dividend | 05/07/2017 | 01/08/2017 | US$0.58 |
| Dividend | 05/04/2017 | 01/05/2017 | US$0.58 |
| Dividend | 05/01/2017 | 01/02/2017 | US$0.58 |
| Dividend | 04/10/2016 | 01/11/2016 | US$0.58 |
About Verizon Communications
- Sector
- Transportation and utilities
Questions about VZ
How much is VZ today?
VZ is at US$45.93 (-0.11% on the day), last traded on 01/10/2026.
How much did VZ pay in dividends in 2025?
VZ paid US$2.72 per share in 2025, a dividend yield of 6.69%.
When is the next VZ dividend?
The next announced payment is US$0.71 per share on 02/11/2026.
How much did VZ return in 12 months?
VZ returned 21.23% in 12 months, with annualised volatility of 26.32% and a largest drawdown of -14.39%.