Verizon Communications VZ
NYSE VZ
$50.60 +0.64 (+1.28%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Verizon Communications' (VZ) quarterly Tax Rate came in at 25.12% in Q2 2026, up 261.0% year-over-year from 6.96% in Q2 2025, and up 4.05% quarter-over-quarter from 24.15% in Q1 2026.

Analysis

Verizon Communications (VZ) Tax Rate (2009 - 2026) Analysis & Trends

Verizon Communications (VZ) has reported Tax Rate for 18 consecutive years, with 25.12% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate rose 261.0% year-over-year to 25.12% in Q2 2026; TTM through Jun 2026 was 23.32%, a 110.0% increase from a year earlier, with the FY2025 full-year figure at 22.34%, up 45.0% from the prior year.
  • Tax Rate was 25.12% for Q2 2026 at Verizon Communications, up from 24.15% in the prior quarter.
  • Over five years, Tax Rate peaked at 25.12% in Q2 2026 and troughed at 41.61% in Q4 2023.
  • A 5-year average of 18.94% and a median of 22.5% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 6559 bps in 2023 and soared 6374 bps in 2024, its largest moves.
  • Over 5 years, Tax Rate stood at 23.98% in 2022, then plunged by 273 bps to 41.61% in 2023, then surged by 153 bps to 22.14% in 2024, then slipped by 9 bps to 20.08% in 2025, then gained by 25 bps to 25.12% in 2026.
  • The last three Tax Rate figures came in at 25.12% (Q2 2026), 24.15% (Q1 2026), and 20.08% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Verizon Communications 210.23 Bn 209.76 Bn 27.03 Bn 25.12%
2 T-Mobile US 195.97 Bn 193.15 Bn 17.74 Bn 25.16%
3 At&T 178.50 Bn 176.92 Bn 25.25 Bn 13.47%
4 Chunghwa Telecom 34.81 Bn 32.72 Bn 728.80 Mn 19.26%
5 Bce 21.79 Bn 21.68 Bn - -
6 Rogers Communications 19.56 Bn 22.86 Bn 1.77 Bn -28.63%
7 Telefonica Brasil 18.93 Bn 17.25 Bn 1.42 Bn -16.79%
8 Millicom International Cellular 16.34 Bn 15.39 Bn - -50.98%
9 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.80 Bn -40,057.20 Bn - -
10 Telus 14.09 Bn 13.57 Bn - 8.13%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.12%
Mar 31, 2026 24.15%
Dec 31, 2025 20.08%
Sep 30, 2025 22.54%
Jun 30, 2025 22.51%
Mar 31, 2025 23.02%
Dec 31, 2024 22.14%
Sep 30, 2024 20.71%
Jun 30, 2024 22.07%
Mar 31, 2024 22.27%
Dec 31, 2023 -41.61%
Sep 30, 2023 21.12%
Jun 30, 2023 22.02%
Mar 31, 2023 22.80%
Dec 31, 2022 23.98%
Sep 30, 2022 22.94%
Jun 30, 2022 22.49%
Mar 31, 2022 22.55%
Dec 31, 2021 22.90%
Sep 30, 2021 21.73%