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

Verizon Communications (VZ) reported Tax Rate of 24.15% for Q1 2026, up 113.0% year-over-year from 11.34% in Q1 2025, and up 20.25% quarter-over-quarter 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.

  • Tax Rate for Q1 2026 came in at 24.15%, up 113.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.68% (up 57.0% YoY), and the FY2025 annual result was 22.34%, up 45.0% from the prior year.
  • Tax Rate rose to 24.15% in Q1 2026 per VZ's latest filing, from 20.08% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.15% in Q1 2026 and troughed at 41.61% in Q4 2023.
  • A 5-year average of 18.58% and a median of 22.49% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 6559 bps in 2023, then jumped 6374 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 23.98% in 2022, then tumbled 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.
  • Business Quant data shows VZ's Tax Rate at 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 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 24.90%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 24.15%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 21.84%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -21.62%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 23.19%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -50.65%
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 12.44%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.15%
Mar 31, 2026 24.15%
Dec 31, 2025 20.08%
Dec 31, 2025 20.08%
Sep 30, 2025 22.54%
Sep 30, 2025 22.54%
Jun 30, 2025 22.51%
Jun 30, 2025 22.51%
Mar 31, 2025 23.02%
Mar 31, 2025 23.02%
Dec 31, 2024 22.14%
Dec 31, 2024 22.14%
Sep 30, 2024 20.71%
Sep 30, 2024 20.71%
Jun 30, 2024 22.07%
Jun 30, 2024 22.07%
Mar 31, 2024 22.27%
Mar 31, 2024 22.27%
Dec 31, 2023 -41.61%
Dec 31, 2023 -41.61%