Verizon Communications (VZ) EBITDA Margin (2009 - 2026)
Verizon Communications' EBITDA Margin came in at 35.58% for Q2 2026, down 1.54 percentage points from 37.12% a year earlier and down 2.56 percentage points from the prior quarter.
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Analysis
Verizon Communications (VZ) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Verizon Communications reported EBITDA Margin of 34.25%, down 0.55 percentage points year-over-year; for FY2025, it was 34.45%, down 0.11 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -1.03 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 34.56% in FY2024 (+4.33 pp), 30.23% in FY2023 (-4.53 pp), 34.76% in FY2022 (-1.65 pp) and 36.41% in FY2021 (+0.93 pp).
- The five-year range for quarterly EBITDA Margin is 14.56% (Q4 2023) to 39.09% (Q3 2021).
- Year-over-year, EBITDA Margin increased in four of the last eight quarters, with an average year-over-year change of +1.68 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2024 (a gain of 18.86 percentage points), and the weakest in Q4 2023 (a drop of 17.90 percentage points).
- Business Quant data shows VZ's EBITDA Margin at 38.14% (Q1 2026), 26.18% (Q4 2025) and 37.62% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 35.58% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 39.16% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 38.04% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | -18.49% |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 29.55% |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | - |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 19.11% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | -953.30% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | - |
| 10 | Telefonica Brasil | 18.02 Bn | 12.02 Bn | 1.42 Bn | -8.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.58% |
| Mar 31, 2026 | 38.14% |
| Dec 31, 2025 | 26.18% |
| Sep 30, 2025 | 37.62% |
| Jun 30, 2025 | 37.12% |
| Mar 31, 2025 | 37.49% |
| Dec 31, 2024 | 33.43% |
| Sep 30, 2024 | 31.16% |
| Jun 30, 2024 | 37.51% |
| Mar 31, 2024 | 36.28% |
| Dec 31, 2023 | 14.56% |
| Sep 30, 2023 | 35.71% |
| Jun 30, 2023 | 35.52% |
| Mar 31, 2023 | 36.16% |
| Dec 31, 2022 | 32.46% |
| Sep 30, 2022 | 35.68% |
| Jun 30, 2022 | 35.14% |
| Mar 31, 2022 | 35.86% |
| Dec 31, 2021 | 34.22% |
| Sep 30, 2021 | 39.09% |
API Access
Verizon Communications EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "VZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();