Verizon Communications (VZ) EBITDA Margin (2009 - 2026)
Verizon Communications (VZ) posted quarterly EBITDA Margin of 20.96% for Q2 2026, down 273.0% year-over-year from 12.11% in Q2 2025, and down 12.42% on a QoQ basis from 23.93% in Q1 2026.
Verizon Communications (VZ) EBITDA Margin (2009 - 2026) Analysis & Trends
Verizon Communications has reported EBITDA Margin for 18 years, with the latest figure at 20.96% in Q2 2026.
- EBITDA Margin for Q2 2026 came in at 20.96%, down 273.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 20.54% (down 99.0% YoY), and the FY2025 annual result was 21.17%, down 11.0% from the prior year.
- EBITDA Margin retreated to 20.96% in Q2 2026, from 23.93% in the prior quarter.
- Over five years, EBITDA Margin peaked at 23.96% in Q3 2025 and troughed at 1.71% in Q4 2023.
- A 5-year average of 20.77% and a median of 22.61% in 2023 frame the typical range for EBITDA Margin.
- The widest annual swing landed in 2023, when EBITDA Margin tumbled 1879 bps; it then jumped 1909 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 20.5% in 2022, then sank by 92 bps to 1.71% in 2023, then surged by 1118 bps to 20.8% in 2024, then slumped by 34 bps to 13.75% in 2025, then soared by 52 bps to 20.96% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 20.96% in Q2 2026, 23.93% in Q1 2026, and 13.75% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 20.96% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 24.09% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 40.18% |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 22.30% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 21.61% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 14.34% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 60.16% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | 51.43% |
| 10 | Charter Communications | 17.77 Bn | 17.26 Bn | - | 22.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.96% |
| 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% |