Verizon Communications (VZ) Total Debt (2009 - 2026)
Verizon Communications (VZ) recorded Total Debt of $165.23 billion in Q2 2026, up 13.2% from $146 billion a year earlier but down 4.2% from the prior quarter.
Verizon Communications (VZ) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Verizon Communications reported Total Debt of $158.15 billion, up 9.8% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $144.01 billion in FY2024 (-4.4%), $150.67 billion in FY2023 (unchanged), $150.64 billion in FY2022 (-0.2%) and $150.87 billion in FY2021 (+16.9%).
- Quarterly Total Debt has ranged from $143.65 billion in Q1 2025 to $172.46 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Total Debt has increased for three consecutive quarters, with growth averaging 3.8% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 30.6% in Q3 2021, against a decline of 5.3% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $172.46 billion (Q1 2026), $158.15 billion (Q4 2025) and $146.78 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.08 Bn | 155.48 Bn | 27.03 Bn | 165.23 Bn |
| 2 | T-Mobile US | 175.17 Bn | 159.92 Bn | 14.76 Bn | 84.62 Bn |
| 3 | At&T | 167.81 Bn | 115.76 Bn | 25.82 Bn | 143.95 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 4.71 Bn |
| 5 | Comcast | 76.40 Bn | 40.65 Bn | - | 90.38 Bn |
| 6 | Chunghwa Telecom | 35.35 Bn | 31.20 Bn | 728.80 Mn | 186.48 Mn |
| 7 | EchoStar | 26.08 Bn | 17.22 Bn | 1.65 Bn | 17.43 Bn |
| 8 | AST SpaceMobile | 23.11 Bn | 23.62 Bn | 7.95 Mn | 2.97 Bn |
| 9 | Bce | 18.79 Bn | 17.12 Bn | - | 30.20 Bn |
| 10 | Telefonica Brasil | 18.18 Bn | 12.18 Bn | 1.42 Bn | 100.56 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.23 Bn |
| Mar 31, 2026 | 172.46 Bn |
| Dec 31, 2025 | 158.15 Bn |
| Sep 30, 2025 | 146.78 Bn |
| Jun 30, 2025 | 146.00 Bn |
| Mar 31, 2025 | 143.65 Bn |
| Dec 31, 2024 | 144.01 Bn |
| Sep 30, 2024 | 150.64 Bn |
| Jun 30, 2024 | 149.28 Bn |
| Mar 31, 2024 | 151.70 Bn |
| Dec 31, 2023 | 150.67 Bn |
| Sep 30, 2023 | 147.39 Bn |
| Jun 30, 2023 | 152.70 Bn |
| Mar 31, 2023 | 152.85 Bn |
| Dec 31, 2022 | 150.64 Bn |
| Sep 30, 2022 | 147.91 Bn |
| Jun 30, 2022 | 149.06 Bn |
| Mar 31, 2022 | 153.38 Bn |
| Dec 31, 2021 | 150.87 Bn |
| Sep 30, 2021 | 150.98 Bn |
Verizon Communications Total Debt 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=total-debt&ticker=VZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();