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VIV vs VZ
Revenue, margins, valuation, and 5-year total return — side by side.
Telecommunications Services
VIV vs VZ — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Telecommunications Services | Telecommunications Services |
| Market Cap | $25.45B | $200.09B |
| Revenue (TTM) | $59.83B | $138.19B |
| Net Income (TTM) | $6.20B | $17.17B |
| Gross Margin | 43.6% | 55.7% |
| Operating Margin | 15.8% | 21.2% |
| Forward P/E | 2.9x | 9.6x |
| Total Debt | $20.75B | $200.59B |
| Cash & Equiv. | $6.69B | $19.05B |
VIV vs VZ — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Telefônica Brasil S… (VIV) | 100 | 181.6 | +81.6% |
| Verizon Communicati… (VZ) | 100 | 82.7 | -17.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VIV vs VZ
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VIV carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 7.2%, EPS growth 11.6%, 3Y rev CAGR 8.2%
- 81.3% 10Y total return vs VZ's 42.2%
- Lower volatility, beta 0.53, Low D/E 29.7%, current ratio 0.94x
VZ is the clearest fit if your priority is income & stability.
- Dividend streak 11 yrs, beta -0.11, yield 5.7%
- 12.4% margin vs VIV's 10.4%
- 5.7% yield, 11-year raise streak, vs VIV's 2.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.2% revenue growth vs VZ's 2.5% | |
| Value | Lower P/E (2.9x vs 9.6x) | |
| Quality / Margins | 12.4% margin vs VIV's 10.4% | |
| Stability / Safety | Lower D/E ratio (29.7% vs 189.7%) | |
| Dividends | 5.7% yield, 11-year raise streak, vs VIV's 2.0% | |
| Momentum (1Y) | +65.9% vs VZ's +13.7% | |
| Efficiency (ROA) | 4.8% ROA vs VZ's 4.4%, ROIC 7.8% vs 8.0% |
VIV vs VZ — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
VIV vs VZ — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — VIV and VZ each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
VZ is the larger business by revenue, generating $138.2B annually — 2.3x VIV's $59.8B. Profitability is closely matched — net margins range from 12.4% (VZ) to 10.4% (VIV). On growth, VIV holds the edge at +8.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $59.8B | $138.2B |
| EBITDAEarnings before interest/tax | $24.5B | $47.6B |
| Net IncomeAfter-tax profit | $6.2B | $17.2B |
| Free Cash FlowCash after capex | $11.3B | $19.8B |
| Gross MarginGross profit ÷ Revenue | +43.6% | +55.7% |
| Operating MarginEBIT ÷ Revenue | +15.8% | +21.2% |
| Net MarginNet income ÷ Revenue | +10.4% | +12.4% |
| FCF MarginFCF ÷ Revenue | +18.9% | +14.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | +8.7% | +2.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +11.1% | -53.4% |
Valuation Metrics
Evenly matched — VIV and VZ each lead in 3 of 6 comparable metrics.
Valuation Metrics
At 11.7x trailing earnings, VZ trades at a 50% valuation discount to VIV's 23.3x P/E. On an enterprise value basis, VIV's 6.1x EV/EBITDA is more attractive than VZ's 8.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $25.5B | $200.1B |
| Enterprise ValueMkt cap + debt − cash | $28.3B | $381.6B |
| Trailing P/EPrice ÷ TTM EPS | 23.27x | 11.68x |
| Forward P/EPrice ÷ next-FY EPS est. | 2.88x | 9.59x |
| PEG RatioP/E ÷ EPS growth rate | 8.65x | — |
| EV / EBITDAEnterprise value multiple | 6.11x | 8.02x |
| Price / SalesMarket cap ÷ Revenue | 2.25x | 1.45x |
| Price / BookPrice ÷ Book value/share | 1.85x | 1.90x |
| Price / FCFMarket cap ÷ FCF | 11.91x | 9.94x |
Profitability & Efficiency
VIV leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
VZ delivers a 16.4% return on equity — every $100 of shareholder capital generates $16 in annual profit, vs $9 for VIV. VIV carries lower financial leverage with a 0.30x debt-to-equity ratio, signaling a more conservative balance sheet compared to VZ's 1.90x. On the Piotroski fundamental quality scale (0–9), VIV scores 7/9 vs VZ's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.0% | +16.4% |
| ROA (TTM)Return on assets | +4.8% | +4.4% |
| ROICReturn on invested capital | +7.8% | +8.0% |
| ROCEReturn on capital employed | +8.6% | +8.8% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 4 |
| Debt / EquityFinancial leverage | 0.30x | 1.90x |
| Net DebtTotal debt minus cash | $14.1B | $181.5B |
| Cash & Equiv.Liquid assets | $6.7B | $19.0B |
| Total DebtShort + long-term debt | $20.7B | $200.6B |
| Interest CoverageEBIT ÷ Interest expense | 15.03x | 4.39x |
Total Returns (Dividends Reinvested)
VIV leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in VIV five years ago would be worth $21,694 today (with dividends reinvested), compared to $10,237 for VZ. Over the past 12 months, VIV leads with a +65.9% total return vs VZ's +13.7%. The 3-year compound annual growth rate (CAGR) favors VIV at 28.0% vs VZ's 13.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +32.5% | +20.5% |
| 1-Year ReturnPast 12 months | +65.9% | +13.7% |
| 3-Year ReturnCumulative with dividends | +109.8% | +46.8% |
| 5-Year ReturnCumulative with dividends | +116.9% | +2.4% |
| 10-Year ReturnCumulative with dividends | +81.3% | +42.2% |
| CAGR (3Y)Annualised 3-year return | +28.0% | +13.7% |
Risk & Volatility
Evenly matched — VIV and VZ each lead in 1 of 2 comparable metrics.
Risk & Volatility
VZ is the less volatile stock with a -0.11 beta — it tends to amplify market swings less than VIV's 0.53 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.53x | -0.11x |
| 52-Week HighHighest price in past year | $17.25 | $51.68 |
| 52-Week LowLowest price in past year | $9.41 | $10.60 |
| % of 52W HighCurrent price vs 52-week peak | +92.3% | +91.8% |
| RSI (14)Momentum oscillator 0–100 | 53.4 | 48.5 |
| Avg Volume (50D)Average daily shares traded | 968K | 24.4M |
Analyst Outlook
VZ leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates VIV as "Hold" and VZ as "Hold". Consensus price targets imply 8.7% upside for VZ (target: $52) vs 3.6% for VIV (target: $17). For income investors, VZ offers the higher dividend yield at 5.72% vs VIV's 1.96%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $16.50 | $51.56 |
| # AnalystsCovering analysts | 12 | 60 |
| Dividend YieldAnnual dividend ÷ price | +2.0% | +5.7% |
| Dividend StreakConsecutive years of raises | 0 | 11 |
| Dividend / ShareAnnual DPS | $1.54 | $2.71 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.2% | 0.0% |
VIV leads in 2 of 6 categories (Profitability & Efficiency, Total Returns). VZ leads in 1 (Analyst Outlook). 3 tied.
VIV vs VZ: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is VIV or VZ a better buy right now?
For growth investors, Telefônica Brasil S.
A. (VIV) is the stronger pick with 7. 2% revenue growth year-over-year, versus 2. 5% for Verizon Communications Inc. (VZ). Verizon Communications Inc. (VZ) offers the better valuation at 11. 7x trailing P/E (9. 6x forward), making it the more compelling value choice. Analysts rate Telefônica Brasil S. A. (VIV) a "Hold" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — VIV or VZ?
On trailing P/E, Verizon Communications Inc.
(VZ) is the cheapest at 11. 7x versus Telefônica Brasil S. A. at 23. 3x. On forward P/E, Telefônica Brasil S. A. is actually cheaper at 2. 9x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — VIV or VZ?
Over the past 5 years, Telefônica Brasil S.
A. (VIV) delivered a total return of +116. 9%, compared to +2. 4% for Verizon Communications Inc. (VZ). Over 10 years, the gap is even starker: VIV returned +81. 3% versus VZ's +42. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — VIV or VZ?
By beta (market sensitivity over 5 years), Verizon Communications Inc.
(VZ) is the lower-risk stock at -0. 11β versus Telefônica Brasil S. A. 's 0. 53β — meaning VIV is approximately -600% more volatile than VZ relative to the S&P 500. On balance sheet safety, Telefônica Brasil S. A. (VIV) carries a lower debt/equity ratio of 30% versus 190% for Verizon Communications Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — VIV or VZ?
By revenue growth (latest reported year), Telefônica Brasil S.
A. (VIV) is pulling ahead at 7. 2% versus 2. 5% for Verizon Communications Inc. (VZ). On earnings-per-share growth, the picture is similar: Telefônica Brasil S. A. grew EPS 11. 6% year-over-year, compared to -2. 2% for Verizon Communications Inc.. Over a 3-year CAGR, VIV leads at 8. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — VIV or VZ?
Verizon Communications Inc.
(VZ) is the more profitable company, earning 12. 4% net margin versus 9. 9% for Telefônica Brasil S. A. — meaning it keeps 12. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VZ leads at 21. 2% versus 15. 5% for VIV. At the gross margin level — before operating expenses — VZ leads at 45. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is VIV or VZ more undervalued right now?
On forward earnings alone, Telefônica Brasil S.
A. (VIV) trades at 2. 9x forward P/E versus 9. 6x for Verizon Communications Inc. — 6. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for VZ: 8. 7% to $51. 56.
08Which pays a better dividend — VIV or VZ?
All stocks in this comparison pay dividends.
Verizon Communications Inc. (VZ) offers the highest yield at 5. 7%, versus 2. 0% for Telefônica Brasil S. A. (VIV).
09Is VIV or VZ better for a retirement portfolio?
For long-horizon retirement investors, Verizon Communications Inc.
(VZ) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 11), 5. 7% yield). Both have compounded well over 10 years (VZ: +42. 2%, VIV: +81. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between VIV and VZ?
Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: VIV is a mid-cap quality compounder stock; VZ is a large-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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