What is Verizon Communications's property, plant and equipment at cost?

Verizon Communications (VZ) reported property, plant and equipment at cost of $357.65B in Q1 2026.

How has Verizon Communications's property, plant and equipment at cost changed year-over-year?

Verizon Communications's property, plant and equipment at cost increased by 7.8% year-over-year, from $331.89B to $357.65B.

What is the long-term trend for Verizon Communications's property, plant and equipment at cost?

Over 5 years (2020 to 2025), Verizon Communications's property, plant and equipment at cost has grown at a 3.9% compound annual growth rate (CAGR), from $279.74B to $337.99B.

What does property, plant and equipment at cost mean?

The total original cost of all physical assets owned by the company before subtracting depreciation.

Non-Current Assets

Property, plant and equipment at cost

Verizon Communications Property, plant and equipment at cost increased by 5.8% to $357.65B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $331.89B to $357.65B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment at cost shows an upward trend with a 3.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityStable

First reportedQ4 2014

Last reportedQ1 2026May 1, 2026

How to read this metric

An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...

Peer comparison

Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

20 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$283.65B	$287.42B	$289.90B	$292.57B	$296.70B	$300.87B	$307.69B	$310.52B	$313.42B	$316.77B	$320.11B	$322.27B	$324.98B	$327.56B	$331.41B	$331.89B	$332.53B	$334.77B	$337.99B	$357.65B
QoQ Change	—	+1.3%	+0.9%	+0.9%	+1.4%	+1.4%	+2.3%	+0.9%	+0.9%	+1.1%	+1.1%	+0.7%	+0.8%	+0.8%	+1.2%	+0.1%	+0.2%	+0.7%	+1.0%	+5.8%
YoY Change	—	—	—	—	+4.6%	+4.7%	+6.1%	+6.1%	+5.6%	+5.3%	+4.0%	+3.8%	+3.7%	+3.4%	+3.5%	+3.0%	+2.3%	+2.2%	+2.0%	+7.8%

Range$283.65B – $357.65B

CAGR+5.0%

Avg YoY Growth+4.3%

Median YoY Growth+3.9%

Current Streak19+ quarters growth

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Frequently Asked Questions

What is Verizon Communications's property, plant and equipment at cost?: Verizon Communications (VZ) reported property, plant and equipment at cost of $357.65B in Q1 2026.
How has Verizon Communications's property, plant and equipment at cost changed year-over-year?: Verizon Communications's property, plant and equipment at cost increased by 7.8% year-over-year, from $331.89B to $357.65B.
What is the long-term trend for Verizon Communications's property, plant and equipment at cost?: Over 5 years (2020 to 2025), Verizon Communications's property, plant and equipment at cost has grown at a 3.9% compound annual growth rate (CAGR), from $279.74B to $337.99B.
What does property, plant and equipment at cost mean?: The total original cost of all physical assets owned by the company before subtracting depreciation.