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
DateValue
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%