AT&T Inc. (T) vs Verizon Communications Inc. (VZ)
T leads on 10 of 15 compared metrics.
A side-by-side comparison of AT&T Inc. and Verizon Communications Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
T
AT&T Inc.
$23.58Communication Services
VZ
Verizon Communications Inc.
$48.11Communication Services
Total return — T vs VZ
growth of $100 · last 30yT +26.6%VZ +70.2%VZ compounded faster
T VZ
T vs VZ: by the numbers
- •VZ is the larger company ($200.89B vs $163.84B market cap).
- •T trades at the lower earnings multiple (7.94 vs 11.73 P/E).
- •T converts more revenue to profit (16.89% vs 12.46% net margin).
- •VZ grew revenue faster over the past five years (1.44% vs -6.06% CAGR).
- •VZ pays the higher dividend yield (5.75% vs 4.71%).
Which is better, T or VZ?
Metric tally: T 10 · VZ 5It depends on what you're optimizing for:
ValueT(lower P/E)
GrowthVZ(faster 5Y revenue CAGR)
IncomeVZ(higher dividend yield)
QualityVZ(higher ROIC)
Valuation
| Metric | T | VZ |
|---|---|---|
| P/E ratio | 7.94● | 11.73 |
| Forward P/E | 9.28 | 9.17 |
| P/S ratio | 1.31● | 1.46 |
| P/B ratio | 1.51● | 1.96 |
| PEG ratio | 0.08 | — |
| EV / EBITDA | 5.88● | 8.02 |
| FCF yield | 10.47%● | 9.90% |
Profitability
| Metric | T | VZ |
|---|---|---|
| Gross margin | 79.66%● | 58.85% |
| Operating margin | 19.35% | 21.22%● |
| Net margin | 16.89%● | 12.46% |
| ROE | 19.48%● | 16.78% |
| ROIC | 5.57% | 6.22%● |
Dividends
| Metric | T | VZ |
|---|---|---|
| Dividend yield | 4.71% | 5.75%● |
| Payout ratio | 36.51% | 68.10% |
Growth (annualized)
| Metric | T | VZ |
|---|---|---|
| Revenue CAGR (5Y) | -6.06% | 1.44%● |
| EPS CAGR (5Y) | 8.15%● | -1.14% |
| FCF CAGR (5Y) | -10.02% | -1.27%● |
| Total return CAGR (5Y) | 7.79%● | 2.76% |
Frequently asked
- Which is better, T or VZ?
- It depends on your goal. value: T (lower P/E); growth: VZ (faster 5Y revenue CAGR); income: VZ (higher dividend yield); quality: VZ (higher ROIC). Across all compared metrics, T leads 10 to 5.
- Is T or VZ cheaper?
- On trailing earnings, T is cheaper: T trades at a 7.94 P/E and VZ at 11.73.
- Which has grown faster, T or VZ?
- Over the past five years, VZ grew revenue faster — T at a -6.06% CAGR versus VZ at 1.44%.
- Does T or VZ pay a bigger dividend?
- T yields 4.71% and VZ yields 5.75% based on trailing dividends and the latest price.
- Is T or VZ more profitable?
- T runs the higher net margin — T at 16.89% versus VZ at 12.46%.
Go deeper
Dig into the metrics
AT&T P/E ratioVerizon Communications P/E ratioAT&T dividend yieldVerizon Communications dividend yieldAT&T ROEVerizon Communications ROEAT&T operating marginVerizon Communications operating marginAT&T revenue growthVerizon Communications revenue growthAT&T free cash flowVerizon Communications free cash flow
AT&T & Verizon Communications appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.