Verizon Communications (VZ) Tax Rate (2009 - 2026)

Verizon Communications has disclosed Tax Rate across 18 years of filings, most recently posting 24.15% for Q1 2026.

• In Q1 2026, Tax Rate rose 113.0% year-over-year to 24.15%; the TTM figure through Mar 2026 stood at 22.68% (up 57.0% YoY), while the FY2025 annual figure was 22.34%, up 45.0% from the prior year.
• Tax Rate advanced to 24.15% in Q1 2026, 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.
• The 5-year median for Tax Rate is 22.49% (2022), against an average of 18.58%.
• Annual changes were most pronounced in 2023 — Tax Rate plunged 6559 bps — and 2024, when it jumped 6374 bps.
• A 5-year view of Tax Rate shows it stood at 23.98% in 2022, then sank by 273 bps to 41.61% in 2023, then soared by 153 bps to 22.14% in 2024, then dropped by 9 bps to 20.08% in 2025, then increased by 20 bps to 24.15% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 24.15%, 20.08%, and 22.54% for Q1 2026, Q4 2025, and Q3 2025 respectively.