What is Verizon Communications's PP&E (net)?

Verizon Communications (VZ) reported PP&E (net) of $125.5B in Q2 2026.

How has Verizon Communications's PP&E (net) changed year-over-year?

Verizon Communications's PP&E (net) increased by 16.1% year-over-year, from $108.07B to $125.5B.

What is the long-term trend for Verizon Communications's PP&E (net)?

Over 5 years (2020 to 2025), Verizon Communications's PP&E (net) has grown at a 2.9% compound annual growth rate (CAGR), from $94.83B to $109.47B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Verizon Communications VZ PP&E (Net)

PP&E (Net) at other companies

Lumen TechnologiesLUMN

$19.93B-3.1%

Shenandoah TelecomSHEN

$1.63B+9.8%

AT&TT

$134.22B+4.0%

SBA CommunicationsSBAC

$3.42B+21.2%

Crown CastleCCI

$6.17B-3.7%

TDS

Telephone and Data SystemsTDS

$3.03B-37.9%

Other financials

Income statement

See full

Revenue$34.3B-0.7%

Operating income$7.2B-12.2%

Net income$3.8B-23.3%

EPS (diluted)$0.92-22.0%

Balance sheet

See full

Cash & equivalents$1.8B-55.4%

Total debt$45.0B-73.5%

Total equity$105.20B+0.8%

Total assets$410.19B+7.0%

Cash flow

See full

Operating cash flow$10.4B+16.3%

Valuation

See full

Market cap$184.94B+0.7%

Enterprise value$228.19B-34.9%

P/E11.4×+1.3×

P/S1.3×0.0×

Profitability

See full

Gross margin82.3%—

Operating margin20.5%-1.0pp

Net margin11.6%-1.6pp

FCF margin13.6%—

Returns & leverage

See full

Return on equity15.4%-2.6pp

Debt / equity0.4×-1.2×

Current ratio0.6×0.0×

Where this comes from

Reported directly by Verizon Communications in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Verizon Communications’s 8-K, filed July 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Verizon Communications's PP&E (net)?: Verizon Communications (VZ) reported PP&E (net) of $125.5B in Q2 2026.
How has Verizon Communications's PP&E (net) changed year-over-year?: Verizon Communications's PP&E (net) increased by 16.1% year-over-year, from $108.07B to $125.5B.
What is the long-term trend for Verizon Communications's PP&E (net)?: Over 5 years (2020 to 2025), Verizon Communications's PP&E (net) has grown at a 2.9% compound annual growth rate (CAGR), from $94.83B to $109.47B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.