Verizon Communications (VZ) Return on Capital Employed (2009 - 2026)
Verizon Communications' (VZ) quarterly Return on Capital Employed came in at 8.65% in Q1 2026, down 41.0% year-on-year from 14.67% in Q1 2025, and down 1.25% on a QoQ basis from 8.76% in Q4 2025.
Verizon Communications (VZ) Return on Capital Employed (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of Return on Capital Employed data on file, last reported at 8.65% in Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 41.0% year-over-year to 8.65% in Q1 2026; TTM through Mar 2026 was 8.65%, a 41.0% decrease from a year earlier, with the FY2025 full-year figure at 8.81%, down 22.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 8.65%, down 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.
- Historically, Return on Capital Employed has averaged 8.76% across 5 years, with a median of 9.07% in 2025.
- Across the five-year window, Return on Capital Employed tumbled 236 bps in 2023 and jumped 284 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 9.31% in 2022, then decreased by 25 bps to 6.95% in 2023, then grew by 30 bps to 9.02% in 2024, then declined by 3 bps to 8.76% in 2025, then slipped by 1 bps to 8.65% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 8.65% in Q1 2026, 8.76% in Q4 2025, and 9.71% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | - |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 11.67% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 3.96% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 8.65% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 9.58% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 6.89% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 34.32% |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | 22.44% |
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% |