Verizon Communications (VZ) Return on Capital Employed (2009 - 2026)
Verizon Communications (VZ) posted quarterly Return on Capital Employed of 8.11% for Q2 2026, down 108.0% year-over-year from 101.36% in Q2 2025, and down 6.28% on a QoQ basis from 8.65% in Q1 2026.
Verizon Communications (VZ) Return on Capital Employed (2009 - 2026) Analysis & Trends
Verizon Communications has reported Return on Capital Employed for 18 years, with the latest figure at 8.11% in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 8.11%, down 108.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 8.11% (down 108.0% YoY), and the FY2025 annual result was 8.81%, down 22.0% from the prior year.
- Return on Capital Employed retreated to 8.11% in Q2 2026, from 8.65% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 10.16% in Q1 2022 and troughed at 6.87% in Q3 2024.
- A 5-year average of 8.73% and a median of 9.05% in 2025 frame the typical range for Return on Capital Employed.
- The widest annual swing landed in 2023, when Return on Capital Employed sank 236 bps; it then jumped 284 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 9.31% in 2022, then fell by 25 bps to 6.95% in 2023, then advanced by 30 bps to 9.02% in 2024, then slipped by 3 bps to 8.76% in 2025, then retreated by 7 bps to 8.11% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 8.11% in Q2 2026, 8.65% in Q1 2026, and 8.76% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 8.11% |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 9.58% |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | 6.97% |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 6.89% |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 2.46% |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | -45.15% |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 14.79% |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | - |
| 10 | Charter Communications | 18.08 Bn | 17.57 Bn | - | 8.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.11% |
| Mar 31, 2026 | 8.65% |
| Dec 31, 2025 | 8.76% |
| Sep 30, 2025 | 9.71% |
| Jun 30, 2025 | 9.19% |
| Mar 31, 2025 | 9.07% |
| Dec 31, 2024 | 9.02% |
| Sep 30, 2024 | 6.87% |
| Jun 30, 2024 | 7.34% |
| Mar 31, 2024 | 6.99% |
| Dec 31, 2023 | 6.95% |
| Sep 30, 2023 | 9.03% |
| Jun 30, 2023 | 9.14% |
| Mar 31, 2023 | 9.14% |
| Dec 31, 2022 | 9.31% |
| Sep 30, 2022 | 9.66% |
| Jun 30, 2022 | 10.00% |
| Mar 31, 2022 | 10.16% |
| Dec 31, 2021 | 10.37% |
| Sep 30, 2021 | 10.33% |