Verizon Communications Financial Ratios
NYSE: VZTelecommunicationsTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Verizon Communications ratio analysis
Verizon Communications earned a net margin of 12.4% in FY 2025, down from 13.0% a year earlier. Return on equity reached 16.2%, meaning Verizon Communications generated 0.16 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 1.50 versus 1.43 the year before, and the current ratio was 0.91.
At the end of FY 2025, VZ traded at 10.0 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 7.2 to 16.6, with a median of 11.5. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Verizon Communications financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 9.98 | 9.72 | 13.71 | 7.79 | 9.77 | 13.66 | 12.99 | 14.99 | 7.19 | 16.63 |
| Price / sales | 1.24 | 1.26 | 1.18 | 1.21 | 1.61 | 1.90 | 1.90 | 1.78 | 1.72 | 1.73 |
| Price / book | 1.62 | 1.69 | 1.69 | 1.79 | 2.59 | 3.51 | 3.98 | 4.25 | 4.84 | 9.06 |
| Gross margin | — | — | — | — | — | — | — | — | 82.4% | 82.3% |
| Operating margin | 21.2% | 21.3% | 17.1% | 22.3% | 24.3% | 22.4% | 23.0% | 17.0% | 21.8% | 23.2% |
| Net margin | 12.4% | 13.0% | 8.7% | 15.5% | 16.5% | 13.9% | 14.6% | 11.9% | 23.9% | 10.4% |
| Free cash flow margin | 26.9% | 27.4% | 28.0% | 27.1% | 29.6% | 32.6% | 27.1% | 13.5% | 5.6% | 3.7% |
| Return on equity (ROE) | 16.2% | 17.4% | 12.4% | 23.0% | 26.5% | 25.7% | 30.7% | 28.4% | 67.4% | 54.6% |
| Return on assets (ROA) | 4.2% | 4.6% | 3.1% | 5.6% | 6.0% | 5.6% | 6.6% | 5.9% | 11.7% | 5.4% |
| Debt / equity | 1.50 | 1.43 | 1.61 | 1.63 | 1.81 | 1.87 | 1.77 | 2.07 | 2.62 | 4.50 |
| Current ratio | 0.91 | 0.63 | 0.69 | 0.75 | 0.78 | 1.38 | 0.84 | 0.91 | 0.91 | 0.87 |
| Revenue growth | 2.5% | 0.6% | -2.1% | 2.4% | 4.1% | -2.7% | 0.8% | 3.8% | 0.0% | -4.3% |
| EPS growth | -1.9% | 50.5% | -45.7% | -4.9% | 23.7% | -7.5% | 23.7% | -48.9% | 129.3% | -26.5% |