Verizon Communications (VZ) Tax Rate (2009 - 2026)
Verizon Communications' (VZ) quarterly Tax Rate came in at 24.15% in Q1 2026, up 113.0% year-on-year from 11.34% in Q1 2025, and up 20.25% on a QoQ basis from 20.08% in Q4 2025.
Verizon Communications (VZ) Tax Rate (2009 - 2026) Analysis & Trends
Verizon Communications (VZ) has 18 years of Tax Rate data on file, last reported at 24.15% in Q1 2026.
- On a quarterly basis, Tax Rate rose 113.0% year-over-year to 24.15% in Q1 2026; TTM through Mar 2026 was 22.68%, a 57.0% increase from a year earlier, with the FY2025 full-year figure at 22.34%, up 45.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.15%, up from 20.08% in the prior quarter.
- Over the last five years, Tax Rate for VZ reached as high as 24.15% in Q1 2026 and fell as low as 41.61% in Q4 2023.
- Historically, Tax Rate has averaged 18.58% across 5 years, with a median of 22.49% in 2022.
- Across the five-year window, Tax Rate plunged 6559 bps in 2023 and surged 6374 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 23.98% in 2022, then plunged by 273 bps to 41.61% in 2023, then soared by 153 bps to 22.14% in 2024, then retreated by 9 bps to 20.08% in 2025, then advanced by 20 bps to 24.15% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.15% in Q1 2026, 20.08% in Q4 2025, and 22.54% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 33.36% |
| 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 | -150.96% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 19.52% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 24.15% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 25.16% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 13.47% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | -32.79% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | -17.02% |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | 102.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.15% |
| Mar 31, 2026 | 24.15% |
| Mar 31, 2026 | 24.15% |
| Dec 31, 2025 | 20.08% |
| Dec 31, 2025 | 20.08% |
| Dec 31, 2025 | 20.08% |
| Sep 30, 2025 | 22.54% |
| Sep 30, 2025 | 22.54% |
| Sep 30, 2025 | 22.54% |
| Jun 30, 2025 | 22.51% |
| Jun 30, 2025 | 22.51% |
| Jun 30, 2025 | 22.51% |
| Mar 31, 2025 | 23.02% |
| Mar 31, 2025 | 23.02% |
| Mar 31, 2025 | 23.02% |
| Dec 31, 2024 | 22.14% |
| Dec 31, 2024 | 22.14% |
| Dec 31, 2024 | 22.14% |
| Sep 30, 2024 | 20.71% |
| Sep 30, 2024 | 20.71% |