Verizon Communications (VZ) Invested Capital (2009 - 2026)
Verizon Communications (VZ) reported Invested Capital of $105.2 billion for Q1 2026, down 1.68% year-over-year from $107.0 billion in Q1 2025, and down 1.05% quarter-over-quarter from $106.4 billion in Q4 2025.
Verizon Communications (VZ) Invested Capital (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of Invested Capital data on file, last reported at $105.2 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $105.2 billion, down 1.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $105.2 billion (down 1.68% YoY), and the FY2025 annual result was $106.4 billion, up 18.54% from the prior year.
- Invested Capital eased to $105.2 billion in Q1 2026 per VZ's latest filing, from $106.4 billion in the prior quarter.
- Over five years, Invested Capital peaked at $111.1 billion in Q3 2025 and troughed at -$3.3 billion in Q1 2022.
- A 5-year average of $64.4 billion and a median of $89.7 billion in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2023 and 2025: Invested Capital surged 75677.04% in 2023, then sank 119.44% in 2025.
- A 5-year view of Invested Capital shows it stood at $135.0 million in 2022, then surged by 75677.04% to $102.3 billion in 2023, then dropped by 12.29% to $89.7 billion in 2024, then gained by 18.54% to $106.4 billion in 2025, then slipped by 1.05% to $105.2 billion in 2026.
- Business Quant data shows VZ's Invested Capital at $105.2 billion in Q1 2026, $106.4 billion in Q4 2025, and $111.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 21.05 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 57.88 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 105.24 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 132.44 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 170.85 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 7.39 Bn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | 8.43 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 105.24 Bn |
| Dec 31, 2025 | 106.36 Bn |
| Sep 30, 2025 | 111.15 Bn |
| Jun 30, 2025 | -861.00 Mn |
| Mar 31, 2025 | 107.04 Bn |
| Dec 31, 2024 | 89.72 Bn |
| Sep 30, 2024 | 98.28 Bn |
| Jun 30, 2024 | 4.43 Bn |
| Mar 31, 2024 | -602.00 Mn |
| Dec 31, 2023 | 102.30 Bn |
| Sep 30, 2023 | 101.59 Bn |
| Jun 30, 2023 | 87.06 Bn |
| Mar 31, 2023 | 8.70 Bn |
| Dec 31, 2022 | 135.00 Mn |
| Sep 30, 2022 | 94.88 Bn |
| Jun 30, 2022 | 82.50 Bn |
| Mar 31, 2022 | -3.31 Bn |
| Dec 31, 2021 | 1.41 Bn |
| Sep 30, 2021 | 78.49 Bn |
| Jun 30, 2021 | -6.24 Bn |