Verizon Communications (VZ) EBITDA Margin (2009 - 2026)
Verizon Communications' (VZ) quarterly EBITDA Margin came in at 23.93% in Q1 2026, up 11.0% year-on-year from 21.56% in Q1 2025, and up 73.99% on a QoQ basis from 13.75% in Q4 2025.
Verizon Communications (VZ) EBITDA Margin (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of EBITDA Margin data on file, last reported at 23.93% in Q1 2026.
- On a quarterly basis, EBITDA Margin rose 11.0% year-over-year to 23.93% in Q1 2026; TTM through Mar 2026 was 21.22%, a 32.0% decrease from a year earlier, with the FY2025 full-year figure at 21.17%, down 11.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 23.93%, up from 13.75% in the prior quarter.
- Over the last five years, EBITDA Margin for VZ reached as high as 23.96% in Q3 2025 and fell as low as 1.71% in Q4 2023.
- Historically, EBITDA Margin has averaged 20.75% across 5 years, with a median of 22.8% in 2024.
- Across the five-year window, EBITDA Margin sank 1879 bps in 2023 and jumped 1909 bps in 2024, its largest moves.
- Year by year, EBITDA Margin stood at 20.5% in 2022, then tumbled by 92 bps to 1.71% in 2023, then jumped by 1118 bps to 20.8% in 2024, then plunged by 34 bps to 13.75% in 2025, then soared by 74 bps to 23.93% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 23.93% in Q1 2026, 13.75% in Q4 2025, and 23.96% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 78.99% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 52.77% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 21.85% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 23.93% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 24.09% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 22.30% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 43.05% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 82.48% |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | 51.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.93% |
| Dec 31, 2025 | 13.75% |
| Sep 30, 2025 | 23.96% |
| Jun 30, 2025 | 23.68% |
| Mar 31, 2025 | 23.83% |
| Dec 31, 2024 | 20.80% |
| Sep 30, 2024 | 17.78% |
| Jun 30, 2024 | 23.84% |
| Mar 31, 2024 | 22.80% |
| Dec 31, 2023 | 1.71% |
| Sep 30, 2023 | 22.42% |
| Jun 30, 2023 | 22.15% |
| Mar 31, 2023 | 23.04% |
| Dec 31, 2022 | 20.50% |
| Sep 30, 2022 | 23.05% |
| Jun 30, 2022 | 22.35% |
| Mar 31, 2022 | 23.23% |
| Dec 31, 2021 | 22.33% |
| Sep 30, 2021 | 27.05% |
| Jun 30, 2021 | 24.18% |