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
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% |
| 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% |