TORVANTA
Communication Services · S&P 500 · data as of 2026-10-05

VZ stock analysis: Verizon

Verizon (VZ) is an S&P 500 company in Integrated Telecommunication Services. It grades strongest on value.

The model's view of VZ · subscribers

Where VZ ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with VZ · updated 2026-10-05 · from prices and SEC filings

VZ price performance

VZ against the S&P 500, one year
+0%+20%S&P 500 +18%VZ +13%2025-09-292026-10-05
Year to date+18.2%S&P 500 +14.5% · ahead by 3.7 pts
1 year+12.2%S&P 500 +17.0% · behind by 4.9 pts
3 years+76.3%S&P 500 +89.3% · behind by 13.0 pts
5 years+15.5%S&P 500 +91.3% · behind by 75.8 pts

Total returns with dividends reinvested.

VZ factor grades

Each grade compares VZ with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

A-ValueP/E 11.9x (sector 17.3x)FCF yield 20.4% (sector 4.6%)
CGrowthRevenue growth +1% (sector +5%)EPS growth -10% (sector -11%)
B-ProfitabilityOperating margin 20.5% (sector 20.0%)ROIC 17.5% (sector 17.5%)
B+Momentum12-month change +12%From 52-wk high -11%

VZ in plain numbers

VZ key statistics

SectorCommunication Services
IndustryIntegrated Telecommunication Services
IndexS&P 500
Market value$190.5B
Revenue growth (y/y)+1%
Free-cash-flow yield20.4%
Dividend yield6.1%
Next earnings (expected)2026-10-28
Valuation measures
Market value$190.5B
Enterprise value$210.5B
P/E (trailing)11.9x
Forward P/E (Torvanta estimate)12.8x
Price / sales1.4x
Price / book1.8x
EV / revenue1.5x
EV / EBITDA4.4x
Financial highlights
Revenue, last 12 months$138.9B
Net income, last 12 months$16.2B
EPS, last 12 months (GAAP)$3.84
Operating margin20.5%
Net margin11.6%
Return on equity15.4%
Return on invested capital17.5%
Cash$1.8B
Total debt$21.8B
Debt / equity0.21x
Interest cover3.9x
Current ratio0.60x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

VZ earnings trends

Revenue vs earnings
$0$9.1B$18.2B$27.3B$36.4BSep 2024 Revenue: $33.3BDec 2024 Revenue: $35.7BMar 2025 Revenue: $33.5BJun 2025 Revenue: $34.5BSep 2025 Revenue: $33.8BDec 2025 Revenue: $36.4BMar 2026 Revenue: $34.4BJun 2026 Revenue: $34.3BSep 2024 Net income: $3.3BDec 2024 Net income: $5.0BMar 2025 Net income: $4.9BJun 2025 Net income: $5.0BSep 2025 Net income: $5.0BDec 2025 Net income: $2.3BMar 2026 Net income: $5.0BJun 2026 Net income: $3.8BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 9.9%Net margin: 14.0%Net margin: 14.6%Net margin: 14.5%Net margin: 14.6%Net margin: 6.4%Net margin: 14.6%Net margin: 11.2%0%7%15%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.3$0.6$0.9$1.2Sep 2024 EPS (GAAP, diluted): $0.8Dec 2024 EPS (GAAP, diluted): $1.2Mar 2025 EPS (GAAP, diluted): $1.2Jun 2025 EPS (GAAP, diluted): $1.2Sep 2025 EPS (GAAP, diluted): $1.2Dec 2025 EPS (GAAP, diluted): $0.6Mar 2026 EPS (GAAP, diluted): $1.2Jun 2026 EPS (GAAP, diluted): $0.9Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +50% · Dec 2025 -53% · Mar 2026 +4% · Jun 2026 -22%

From the company's 10-Q and 10-K filings with the SEC.

Verizon financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$133.6B$136.8B$134.0B$134.8B$138.2B
Net income$22.1B$21.3B$11.6B$17.5B$17.2B
EPS (GAAP)$5.33$5.07$2.75$4.14$4.05

VZ earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-24$0.92-22%-1%+7.9%
2026-04-27$1.20+4%+3%+2.2%
2026-01-30$0.55-53%+2%+11.9%
2025-10-29$1.17+50%+1%+0.1%
2025-07-21$1.18+8%+5%+5.0%
2025-04-22$1.15+6%+2%-4.7%

About Verizon

HeadquartersNew York, NY
Industry (SEC code)Telephone Communications (No Radiotelephone)
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE
FormerlyBELL ATLANTIC CORP

From the company's SEC registration record.

Companies similar to VZ

CompanyMarket valueP/ERevenue growthOperating margin12-month change
VZ Verizon$190.5B11.9x+1%20.5%+12%
DIS Walt Disney$178.9B21.4x+5%18.4%-7%compare
TMUS T-Mobile US$176.6B17.2x+10%19.8%-27%compare
T AT&T$166.1B8.0x+3%20.1%-6%compare
NFLX Netflix$281.1Bn/a+16%29.7%-41%
WBD Warner Bros Discovery$77.7Bn/a-6%-3.5%+63%
CMCSA Comcast$77.0B7.0x+1%14.7%-23%

All Communication Services stock ratings

Frequently asked questions

Is VZ stock a buy?

Torvanta does not tell individuals what to buy. Its grades for VZ are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is VZ's P/E ratio?

VZ trades at about 11.9 times its last 12 months of GAAP earnings reported to the SEC, and about 12.8 times Torvanta's own estimate of the next 12 months.

When does VZ report earnings next?

Based on its filing history, Torvanta expects Verizon to report around 2026-10-28.

Does VZ pay a dividend?

Yes. Its dividend yield is about 6.1%, and it has raised its dividend 14 years in a row.

How has VZ performed against the S&P 500?

Over the past year VZ returned +12.2%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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