Verizon Communications (VZ) Debt to Equity (2009 - 2026)
Verizon Communications (VZ) posted quarterly Debt to Equity of $1.65 for Q1 2026, up 17.09% YoY from $1.41 in Q1 2025, and up 10.21% sequentially from $1.5 in Q4 2025.
Verizon Communications (VZ) Debt to Equity (2009 - 2026) Analysis & Trends
Verizon Communications has disclosed Debt to Equity across 18 years of filings, most recently posting $1.65 for Q1 2026.
- In Q1 2026, Debt to Equity rose 17.09% year-over-year to $1.65; the TTM figure through Mar 2026 stood at $1.65 (up 17.09% YoY), while the FY2025 annual figure was $1.5, down 7.46% from the prior year.
- Debt to Equity improved to $1.65 in Q1 2026, from $1.5 in the prior quarter.
- Over the last five years, Debt to Equity for VZ reached as high as $385.02 in Q1 2023 and fell as low as -$98.98 in Q2 2025.
- The 5-year median for Debt to Equity is $1.54 (2024), against an average of $28.86.
- Annual changes were most pronounced in 2022 — Debt to Equity plunged 175.49% — and 2024, when it surged 19599.59%.
- A 5-year view of Debt to Equity shows it stood at -$80.77 in 2022, then soared by 101.99% to $1.61 in 2023, then advanced by 0.61% to $1.62 in 2024, then fell by 7.46% to $1.5 in 2025, then advanced by 10.21% to $1.65 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $1.65, $1.5, and $1.38 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | 0.00 |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 1.54 |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 1.65 |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 1.10 |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 4.48 |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 1.38 |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 1.40 |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | -9.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.65 |
| Dec 31, 2025 | 1.50 |
| Sep 30, 2025 | 1.38 |
| Jun 30, 2025 | -98.98 |
| Mar 31, 2025 | 1.41 |
| Dec 31, 2024 | 1.62 |
| Sep 30, 2024 | 1.54 |
| Jun 30, 2024 | 347.97 |
| Mar 31, 2024 | -42.11 |
| Dec 31, 2023 | 1.61 |
| Sep 30, 2023 | 1.49 |
| Jun 30, 2023 | 1.77 |
| Mar 31, 2023 | 385.02 |
| Dec 31, 2022 | -80.77 |
| Sep 30, 2022 | 1.67 |
| Jun 30, 2022 | 1.95 |
| Mar 31, 2022 | -38.13 |
| Dec 31, 2021 | 107.00 |
| Sep 30, 2021 | 1.92 |
| Jun 30, 2021 | -22.91 |