Last 47 quarters of trend data · Communication Services · Telecommunications Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Verizon Communications Inc.'s quarterly P/E stands at 18.5x, up 118.5% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 33.1% YoY to 9.3x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 11.60 | 18.51 | 9.39 | 9.17 | 9.86 | 8.47 | 14.39 | 9.46 | 9.62 | — | 7.17 | 8.45 | 8.31 |
| — | +118.5% | -34.8% | -3.1% | +2.5% | — | +100.7% | +11.9% | +15.8% | — | -11.6% | -17.4% | -28.9% | |
| P/S Ratio | 1.44 | 1.18 | 1.38 | 1.33 | 1.43 | 1.18 | 1.42 | 1.33 | 1.34 | 1.13 | 1.02 | 1.20 | 1.24 |
| — | +0.1% | -3.4% | -0.1% | +6.7% | +4.6% | +38.9% | +10.4% | +7.9% | -3.8% | -12.1% | -23.8% | -22.0% | |
| P/B Ratio | 1.88 | 1.63 | 1.75 | 1.75 | 1.88 | 1.68 | 1.94 | 1.78 | 1.85 | 1.69 | 1.38 | 1.62 | 1.74 |
| — | -2.9% | -10.0% | -1.8% | +1.6% | -0.9% | +40.9% | +9.9% | +6.4% | -5.5% | -23.3% | -33.5% | -30.8% | |
| P/FCF | 9.87 | 9.87 | 6.79 | 9.05 | 13.63 | 8.07 | 8.17 | 7.74 | 19.59 | 46.56 | 5.11 | 6.97 | 17.56 |
| — | +22.2% | -16.9% | +17.0% | -30.4% | -82.7% | +59.8% | +11.0% | +11.5% | +1.5% | -41.1% | -25.0% | — | |
| EV / EBITDA | 7.99 | 9.29 | 6.85 | 6.82 | 7.11 | 6.98 | 7.29 | 7.00 | 7.25 | 7.57 | 6.33 | 6.97 | 7.14 |
| — | +33.1% | -6.0% | -2.6% | -2.0% | -7.8% | +15.2% | +0.5% | +1.6% | +2.1% | -6.6% | -14.4% | -12.5% | |
| EV / EBIT | 12.99 | 18.34 | 10.65 | 10.59 | 11.02 | 10.13 | 15.03 | 11.14 | 11.36 | — | 9.98 | 11.14 | 11.02 |
| — | +81.0% | -29.2% | -4.9% | -3.0% | — | +50.5% | +0.0% | +3.0% | — | -10.2% | -12.0% | -22.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Verizon Communications Inc.'s operating margin was 13.8% in Q4 2025, down 10.2 pp QoQ and down 7.0 pp YoY. The trailing four-quarter average of 21.3% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 83.4% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.6% | 80.5% | 46.9% | 46.3% | 47.3% | 43.9% | 46.9% | 48.3% | 47.5% | 43.9% | 46.4% | 47.5% | 45.8% |
| — | +83.4% | -0.0% | -4.1% | -0.3% | -0.1% | +1.1% | +1.8% | +3.6% | +1.4% | +3.7% | +6.6% | +2.8% | |
| Operating Margin | 21.2% | 13.8% | 24.0% | 23.7% | 23.8% | 20.8% | 23.5% | 23.8% | 23.1% | 18.3% | 22.8% | 22.9% | 23.0% |
| — | -33.9% | +1.8% | -0.6% | +3.0% | +13.4% | +3.4% | +4.2% | +0.4% | -10.5% | -1.3% | +2.4% | -0.8% | |
| Net Margin | 12.4% | 6.4% | 14.6% | 14.5% | 14.6% | 14.0% | 9.9% | 14.0% | 14.0% | -7.7% | 14.3% | 14.3% | 14.9% |
| — | -54.1% | +47.6% | +3.5% | +4.4% | +282.2% | -30.6% | -1.8% | -6.4% | -141.3% | -0.2% | -7.3% | +9.3% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.6% | 2.2% | 4.7% | 4.8% | 4.8% | 5.0% | 3.4% | 4.8% | 4.9% | -2.8% | 4.9% | 4.9% | 5.3% |
| — | -56.3% | +38.7% | +2.0% | -0.8% | +280.0% | -30.4% | -2.5% | -7.7% | -138.6% | -12.5% | -19.1% | -3.3% | |
| ROA | 4.4% | 0.6% | 1.3% | 1.3% | 1.3% | 1.3% | 0.9% | 1.2% | 1.2% | -0.7% | 1.2% | 1.2% | 1.3% |
| — | -54.8% | +47.5% | +8.3% | +5.4% | +284.8% | -30.2% | -1.4% | -6.6% | -140.6% | -5.3% | -13.2% | +3.6% | |
| ROIC | 8.0% | 1.3% | 2.3% | 2.3% | 2.2% | 2.1% | 2.2% | 2.2% | 2.1% | 1.8% | 2.1% | 2.1% | 2.1% |
| — | -35.6% | +2.4% | +4.3% | +5.3% | +15.7% | +3.7% | +5.3% | +0.7% | -12.0% | -6.5% | -4.0% | -5.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Verizon Communications Inc.'s Debt/EBITDA ratio is 21.1x, up from 13.4x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 45.9% YoY to 0.91x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.90 | 1.90 | 1.60 | 1.63 | 1.64 | 1.67 | 1.78 | 1.77 | 1.83 | 1.87 | 1.74 | 1.84 | 1.89 |
| — | +13.3% | -10.1% | -8.2% | -10.4% | -10.2% | +2.7% | -3.7% | -3.1% | -2.2% | -11.4% | -8.4% | -10.5% | |
| Debt / EBITDA | 4.21 | 21.06 | 13.40 | 13.27 | 13.36 | 14.12 | 14.16 | 14.06 | 14.55 | 15.97 | 14.32 | 15.04 | 14.98 |
| — | +49.2% | -5.4% | -5.7% | -8.2% | -11.6% | -1.1% | -6.5% | -2.9% | +3.6% | +0.5% | +1.7% | +0.1% | |
| Current Ratio | 0.91 | 0.91 | 0.74 | 0.64 | 0.61 | 0.63 | 0.66 | 0.63 | 0.71 | 0.69 | 0.68 | 0.73 | 0.75 |
| — | +45.9% | +12.4% | +1.8% | -13.6% | -9.6% | -4.0% | -14.0% | -5.4% | -8.3% | -8.5% | -4.5% | -2.1% | |
| Quick Ratio | 0.87 | 0.87 | 0.69 | 0.60 | 0.58 | 0.59 | 0.62 | 0.60 | 0.67 | 0.65 | 0.64 | 0.69 | 0.70 |
| — | +47.8% | +12.5% | +1.1% | -13.9% | -9.5% | -4.3% | -13.7% | -4.1% | -7.6% | -6.5% | +0.4% | +1.9% | |
| Interest Coverage | 4.39 | 2.74 | 4.92 | 5.03 | 4.97 | 4.99 | 3.58 | 4.55 | 4.71 | -0.14 | 5.32 | 5.76 | 6.39 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Verizon Communications Inc.'s current P/E is 11.6x. The average P/E over the last 4 quarters is 11.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Verizon Communications Inc.'s current operating margin is 21.2%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Verizon Communications Inc.'s business trajectory between earnings reports.