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).

Total return — T vs VZ

growth of $100 · last 30y
T +26.6%VZ +70.2%VZ compounded faster
100150200250Start $100200120062011201620212026$127$170
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 5

It depends on what you're optimizing for:

ValueT(lower P/E)
GrowthVZ(faster 5Y revenue CAGR)
IncomeVZ(higher dividend yield)
QualityVZ(higher ROIC)

Valuation

MetricTVZ
P/E ratio7.9411.73
Forward P/E9.289.17
P/S ratio1.311.46
P/B ratio1.511.96
PEG ratio0.08
EV / EBITDA5.888.02
FCF yield10.47%9.90%

Profitability

MetricTVZ
Gross margin79.66%58.85%
Operating margin19.35%21.22%
Net margin16.89%12.46%
ROE19.48%16.78%
ROIC5.57%6.22%

Dividends

MetricTVZ
Dividend yield4.71%5.75%
Payout ratio36.51%68.10%

Growth (annualized)

MetricTVZ
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%.

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.