What are Verizon Communications's profit margins?

Verizon Communications (VZ) runs a 82.3% gross margin and a 21.2% operating margin, with a 12.5% net margin.

Where do Verizon Communications's ratios come from?

Every ratio is computed from Verizon Communications's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Verizon Communications VZ Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	21.2%0.0pp	21.2%-1.9pp	23%+1.5pp	21.5%0.0pp	21.5%+0.3pp
Net margin	12.5%0.0pp	12.4%-2.0pp	14.4%+1.1pp	13.3%+0.1pp	13.1%+0.2pp
EBITDA margin	34.6%+0.2pp	34.5%-1.9pp	36.4%+1.6pp	34.8%-0.1pp	34.9%+0.3pp
Returns
Return on equity	16.8%+0.1pp	16.6%-2.8pp	19.4%+1.4pp	18%0.0pp	18%0.0pp
Return on assets	4.3%0.0pp	4.4%-0.8pp	5.2%+0.4pp	4.8%+0.1pp	4.7%+0.1pp
Return on invested capital	11%+1.9pp	9.2%0.0pp	9.2%+0.6pp	8.5%0.0pp	8.5%-0.5pp
Efficiency
Asset turnover	0.3×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	0.6×-0.3×	0.9×+0.2×	0.7×+0.1×	0.6×0.0×	0.6×0.0×
Quick ratio	0.6×-0.3×	0.9×+0.2×	0.7×+0.1×	0.6×0.0×	0.6×0.0×
Cash ratio	0.1×-0.2×	0.3×+0.2×	0.1×+0.1×	0.1×0.0×	0×0.0×
Leverage
Debt-to-equity	0.5×-1.1×	1.6×0.0×	1.6×0.0×	1.6×0.0×	1.6×+0.2×
Debt-to-assets	0.1×-0.3×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×+0.1×
Net debt / EBITDA	0.9×-2.2×	3.1×-0.2×	3.2×-0.2×	3.5×0.0×	3.5×+0.4×
Interest coverage	4.2×-0.2×	4.4×-0.4×	4.8×+0.3×	4.5×+0.1×	4.4×+0.1×
Per Share
Book value per share	$24.85-0.6%	$24.99-0.5%	$25.12+1.8%	$24.68+2.2%	$24.15+1.4%
Valuation
Market capitalization	$211.73B+23.3%	$171.74B-7.3%	$185.31B+3.1%	$179.74B-5.9%	$190.95B+13.4%
Enterprise value	$254.74B-19.9%	$318.21B-8.5%	$347.6B+0.6%	$345.7B-2.9%	$355.89B+14.1%
Price / earnings	12.2×+2.2×	10×+0.7×	9.3×-0.5×	9.9×-0.9×	10.7×+1.1×
Price / sales	1.5×+0.3×	1.2×-0.1×	1.3×0.0×	1.3×-0.1×	1.4×+0.2×
Price / book	2×+0.4×	1.6×-0.1×	1.7×0.0×	1.7×-0.1×	1.9×+0.2×
EV / EBITDA	5.3×-1.4×	6.7×-0.3×	7×-0.3×	7.3×-0.3×	7.5×+0.9×
EV / sales	1.8×-0.5×	2.3×-0.2×	2.5×0.0×	2.5×-0.1×	2.6×+0.3×
Earnings yield	8.2%-1.8pp	10%-0.7pp	10.7%+0.6pp	10.1%+0.8pp	9.3%-1.1pp
Dividend yield	5.4%-1.2pp	6.7%+0.5pp	6.2%-0.2pp	6.3%+0.4pp	5.9%-0.8pp

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Questions, answered.

What are Verizon Communications's profit margins?: Verizon Communications (VZ) runs a 82.3% gross margin and a 21.2% operating margin, with a 12.5% net margin.
Where do Verizon Communications's ratios come from?: Every ratio is computed from Verizon Communications's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.