Verizon Communications (VZ) Tax Rate (2009 - 2026)
Verizon Communications (VZ) posted quarterly Tax Rate of 25.12% for Q2 2026, up 261.0% year-over-year from 6.96% in Q2 2025, and up 4.05% on a QoQ basis from 24.15% in Q1 2026.
Verizon Communications (VZ) Tax Rate (2009 - 2026) Analysis & Trends
Verizon Communications has reported Tax Rate for 18 years, with the latest figure at 25.12% in Q2 2026.
- Tax Rate for Q2 2026 came in at 25.12%, up 261.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 23.32% (up 110.0% YoY), and the FY2025 annual result was 22.34%, up 45.0% from the prior year.
- Tax Rate improved to 25.12% in Q2 2026, 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.
- The widest annual swing landed in 2023, when Tax Rate slumped 6559 bps; it then surged 6374 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 23.98% in 2022, then slumped by 273 bps to 41.61% in 2023, then jumped by 153 bps to 22.14% in 2024, then declined by 9 bps to 20.08% in 2025, then climbed by 25 bps to 25.12% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 25.12% in Q2 2026, 24.15% in Q1 2026, and 20.08% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 25.16% |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | -150.96% |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 13.47% |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 19.26% |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 13.56% |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | -28.63% |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | -21.62% |
| 10 | Charter Communications | 18.08 Bn | 17.57 Bn | - | 23.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.12% |
| Jun 30, 2026 | 25.12% |
| Jun 30, 2026 | 25.12% |
| Mar 31, 2026 | 24.15% |
| Mar 31, 2026 | 24.15% |
| Mar 31, 2026 | 24.15% |
| Dec 31, 2025 | 20.08% |
| Dec 31, 2025 | 20.08% |
| Dec 31, 2025 | 20.08% |
| Sep 30, 2025 | 22.54% |
| Sep 30, 2025 | 22.54% |
| Sep 30, 2025 | 22.54% |
| Jun 30, 2025 | 22.51% |
| Jun 30, 2025 | 22.51% |
| Jun 30, 2025 | 22.51% |
| Mar 31, 2025 | 23.02% |
| Mar 31, 2025 | 23.02% |
| Mar 31, 2025 | 23.02% |
| Dec 31, 2024 | 22.14% |
| Dec 31, 2024 | 22.14% |