Verizon Communications (VZ) EBITDA Margin (2009 - 2026)

Verizon Communications (VZ) reported EBITDA Margin of 23.93% for Q1 2026, up 11.0% year-over-year from 21.56% in Q1 2025, and up 73.99% quarter-over-quarter 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.

  • EBITDA Margin for Q1 2026 came in at 23.93%, up 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.22% (down 32.0% YoY), and the FY2025 annual result was 32.28%, down 21.0% from the prior year.
  • EBITDA Margin advanced to 23.93% in Q1 2026 per VZ's latest filing, from 13.75% 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 20.75% and a median of 22.8% in 2024 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2023 and 2024: EBITDA Margin tumbled 1879 bps in 2023, then soared 1909 bps in 2024.
  • A 5-year view of EBITDA Margin shows it stood at 20.5% in 2022, then slumped by 92 bps to 1.71% in 2023, then jumped by 1118 bps to 20.8% in 2024, then tumbled by 34 bps to 13.75% in 2025, then soared by 74 bps to 23.93% in 2026.
  • Business Quant data shows VZ's EBITDA Margin at 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 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 10.89%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 23.93%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 21.13%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 15.03%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 39.90%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 0.00%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 20.96%
9 Veon 82.81 Bn 80.59 Bn - 43.05%
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 15.25%

Historic Data

Download Data
DateValue
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%