Verizon Communications (VZ) Debt to Equity (2009 - 2026)
Verizon Communications (VZ) reported Debt to Equity of $1.65 for Q1 2026, up 17.09% year-over-year from $1.41 in Q1 2025, and up 10.21% quarter-over-quarter from $1.5 in Q4 2025.
Verizon Communications (VZ) Debt to Equity (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of Debt to Equity data on file, last reported at $1.65 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.65, up 17.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.65 (up 17.09% YoY), and the FY2025 annual result was $1.5, down 7.46% from the prior year.
- Debt to Equity advanced to $1.65 in Q1 2026 per VZ's latest filing, from $1.5 in the prior quarter.
- Over five years, Debt to Equity peaked at $385.02 in Q1 2023 and troughed at -$98.98 in Q2 2025.
- A 5-year average of $28.86 and a median of $1.54 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2024: Debt to Equity slumped 175.49% in 2022, then surged 19599.59% in 2024.
- 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.
- Business Quant data shows VZ's Debt to Equity at $1.65 in Q1 2026, $1.5 in Q4 2025, and $1.38 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 1.84 |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 1.54 |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 1.65 |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 1.10 |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | - |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | 4.27 |
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 |