Verizon Communications (VZ) Tax Rate (2009 - 2026)
Verizon Communications (VZ) posted Tax Rate of 25.12% for Q2 2026, up 2.61 percentage points from 22.51% a year earlier and up 0.98 percentage points from the prior quarter.
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Analysis
Verizon Communications (VZ) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Verizon Communications was 23.32%, up 1.10 percentage points year-over-year; for FY2025, it was 22.34%, up 0.45 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -1.11 percentage points (FY2020 to FY2025).
- In prior years, Verizon Communications' Tax Rate was 21.89% in FY2024 (-6.91 pp), 28.80% in FY2023 (+5.73 pp), 23.07% in FY2022 (-0.05 pp) and 23.12% in FY2021 (-0.32 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q3 2017.
- On a year-over-year basis, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +8.50 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2024, with a gain of 63.74 percentage points; the weakest was Q4 2023, with a drop of 65.59 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 24.15% (Q1 2026), 20.08% (Q4 2025) and 22.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 25.16% |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 13.47% |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 25.89% |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 19.26% |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 13.56% |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | - |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 27.21% |
| 10 | Bce | 18.40 Bn | 16.72 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| 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% |
| Jun 30, 2021 | 23.96% |
API Access
Verizon Communications Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=VZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();