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

Verizon Communications (VZ) posted quarterly EBITDA Margin of 23.93% for Q1 2026, up 11.0% YoY from 21.56% in Q1 2025, and up 73.99% sequentially from 13.75% in Q4 2025.

Verizon Communications (VZ) EBITDA Margin (2009 - 2026) Analysis & Trends

Verizon Communications has disclosed EBITDA Margin across 18 years of filings, most recently posting 23.93% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 11.0% year-over-year to 23.93%; the TTM figure through Mar 2026 stood at 21.22% (down 32.0% YoY), while the FY2025 annual figure was 32.28%, down 21.0% from the prior year.
  • EBITDA Margin improved to 23.93% in Q1 2026, 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.
  • The 5-year median for EBITDA Margin is 22.8% (2024), against an average of 20.75%.
  • Annual changes were most pronounced in 2023 — EBITDA Margin sank 1879 bps — and 2024, when it soared 1909 bps.
  • A 5-year view of EBITDA Margin shows it stood at 20.5% in 2022, then plunged by 92 bps to 1.71% in 2023, then jumped by 1118 bps to 20.8% in 2024, then sank by 34 bps to 13.75% in 2025, then soared by 74 bps to 23.93% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 23.93%, 13.75%, and 23.96% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 10.89%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 23.93%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 21.13%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 23.59%
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 2.72%
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -21.95%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 24.37%
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn 20.77%

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%