AT&T Inc. (T) vs Verizon Communications Inc. (VZ)
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 July 28, 2026. Differences are shown without an overall score or investment verdict.
T
AT&T Inc.
$24.67Communication ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
VZ
Verizon Communications Inc.
$48.19Communication ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — T vs VZ
growth of $100 · dividends reinvested · last 30yT +779.1%VZ +627.7%T compounded faster
T VZ
T vs VZ: by the numbers
- •VZ is the larger company ($201.22B vs $169.05B market cap).
- •T trades at the lower trailing earnings multiple (8.11 vs 11.54 P/E), one valuation lens rather than an overall verdict.
- •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 -5.37% CAGR).
- •VZ pays the higher dividend yield (5.84% vs 4.55%).
Metrics side by side
Valuation
| Metric | T | VZ |
|---|---|---|
| P/E ratio | 8.11 | 11.54 |
| Forward P/E | 10.46 | 9.49 |
| P/S ratio | 1.33 | 1.43 |
| P/B ratio | 1.54 | 1.93 |
| PEG ratio | 0.08 | N/A |
| EV / EBITDA | 6.39 | 8.03 |
| FCF yield | 10.41% | 10.07% |
Profitability
| Metric | T | VZ |
|---|---|---|
| Gross margin | 79.77% | 45.64% |
| Operating margin | 20.38% | 21.22% |
| Net margin | 16.89% | 12.46% |
| ROE | 19.46% | 16.78% |
| ROIC | 5.57% | 6.22% |
Dividends
| Metric | T | VZ |
|---|---|---|
| Dividend yield | 4.55% | 5.84% |
| Payout ratio | 36.51% | 68.10% |
Growth (annualized)
| Metric | T | VZ |
|---|---|---|
| Revenue CAGR (5Y) | -5.37% | 1.44% |
| EPS CAGR (5Y) | 8.15% | -1.14% |
| FCF CAGR (5Y) | -9.29% | -1.27% |
| Total return CAGR (5Y) | 9.61% | 3.65% |
Frequently asked
- Which has the lower trailing P/E, T or VZ?
- T has the lower trailing P/E: T trades at 8.11 and VZ at 11.54. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, T or VZ?
- Over the past five years, VZ grew revenue faster — T at a -5.37% CAGR versus VZ at 1.44%.
- Does T or VZ pay a bigger dividend?
- T yields 4.55% and VZ yields 5.84% 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%.
- How have T and VZ total returns compared?
- Over the past 10 years, T delivered 4.46% and VZ delivered 4.27% annualized total return. Past performance doesn't predict future results.
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 July 28, 2026.