Verizon Communications (VZ) Return on Capital Employed (2009 - 2026)
Verizon Communications (VZ) posted quarterly Return on Capital Employed of 8.65% for Q1 2026, down 41.0% YoY from 14.67% in Q1 2025, and down 1.25% sequentially from 8.76% in Q4 2025.
Verizon Communications (VZ) Return on Capital Employed (2009 - 2026) Analysis & Trends
Verizon Communications has disclosed Return on Capital Employed across 18 years of filings, most recently posting 8.65% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 41.0% year-over-year to 8.65%; the TTM figure through Mar 2026 stood at 8.65% (down 41.0% YoY), while the FY2025 annual figure was 8.81%, down 22.0% from the prior year.
- Return on Capital Employed slipped to 8.65% in Q1 2026, from 8.76% in the prior quarter.
- Over the last five years, Return on Capital Employed for VZ reached as high as 10.16% in Q1 2022 and fell as low as 6.87% in Q3 2024.
- The 5-year median for Return on Capital Employed is 9.07% (2025), against an average of 8.76%.
- Annual changes were most pronounced in 2023 — Return on Capital Employed tumbled 236 bps — and 2025, when it soared 284 bps.
- A 5-year view of Return on Capital Employed shows it stood at 9.31% in 2022, then declined by 25 bps to 6.95% in 2023, then gained by 30 bps to 9.02% in 2024, then decreased by 3 bps to 8.76% in 2025, then fell by 1 bps to 8.65% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 8.65%, 8.76%, and 9.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (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 | 9.14% |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 8.65% |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 6.77% |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 9.07% |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | 11.68% |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 1.15% |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | -1.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 10.02% |