Verizon Communications (VZ) Debt/Equity Ratio: History & Chart

Verizon Communications Inc.(VZ)

Telecommunications Services · New York City, NY

$49.29-1.13 (-2.23%)

Delayed quote: Sep 9, 2026, 1:05 PM EDT

About Verizon Communications Inc.

Verizon Communications Inc. operates as a prominent global provider of diverse communication, technology, information, and entertainment solutions, catering to individuals, enterprises, and government entities worldwide through its various divisions. Its Consumer segment focuses on individual customers, supplying a broad spectrum of mobile service options, including both subscription-based (postpaid) and pay-as-you-go (prepaid) plans. This segment also facilitates internet access for portable devices such as laptop computers and tablets, and offers a variety of wireless hardware, ranging from smartphones and traditional mobile handsets to advanced wireless-enabled gadgets like tablets and smartwatches. Additionally, it delivers essential residential fixed connectivity services, which encompass internet, television, and voice communication. Verizon also extends its network capabilities by providing access to mobile virtual network operators. As of December 31, 2021, this segment reported approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment is dedicated to providing enterprise-level solutions. It offers comprehensive network connectivity products, including private networking, private cloud integration, virtual and software-defined networking, and high-speed internet access services. This segment further delivers sophisticated internet protocol-based voice and video communication tools, unified communications and collaboration platforms, and specialized customer contact center solutions. Beyond core connectivity, it provides a suite of managed services and data security offerings. Its extensive portfolio also covers domestic and international voice and data services, such as calling, messaging, conferencing, advanced contact center functionalities, and dedicated private line and data access networks. Moreover, the Business segment furnishes customer premises equipment, along with essential installation, maintenance, and on-site support services, and a wide array of Internet of Things (IoT) products and services. By December 31, 2021, this segment had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. Verizon Communications Inc. was incorporated in 1983 and holds its corporate headquarters in New York, New York. The company, which was originally known as Bell Atlantic Corporation, officially adopted its current name in June 2000.

New York City, NY

89,900 employees

www.verizon.com

Communication Services / Telecommunications Services

Sector: Communication Services
Industry: Telecommunications Services
CEO: Daniel H. Schulman

View full financials

VZ Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.81

DEBT TO EQUITY RATIO AVG TTM

1.78

DEBT TO EQUITY RATIO AVG 3Y

1.79

DEBT TO EQUITY RATIO AVG 5Y

1.87

DEBT TO EQUITY RATIO AVG 10Y

2.06

DEBT TO EQUITY RATIO AVG 15Y

1.97

DEBT TO EQUITY RATIO AVG 20Y

1.71

CURRENT VS TTM AVG

+1.87%

CURRENT VS 3Y AVG

+1.40%

CURRENT VS 5Y AVG

-2.84%

CURRENT VS 10Y AVG

-12.06%

CURRENT VS 15Y AVG

-7.89%

CURRENT VS 20Y AVG

+6.00%

SECTOR MEDIAN · COMMUNICATION SERVICES

0.45

median of 30 covered companies

CURRENT VS SECTOR MEDIAN

+298.57%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Verizon Communications Inc. (VZ)	$205.79B	1.81	1.78	1.79	1.87
T-Mobile US, Inc. (TMUS)vs ›	$189.65B	2.06	1.96	1.82	1.75
The Walt Disney Company (DIS)vs ›	$181.01B	0.42	0.45	0.49	0.56
AT&T Inc. (T)vs ›	$171.28B	1.47	1.46	1.50	1.38
Spotify Technology S.A. (SPOT)vs ›	$108.18B	0.06	0.32	0.50	0.51
Netflix, Inc. (NFLX)vs ›	$317.19B	0.47	0.64	0.69	0.93
Comcast Corporation (CMCSA)vs ›	$86.69B	1.01	1.15	1.21	1.19
DoorDash, Inc. (DASH)vs ›	$85.77B	0.33	0.20	0.14	0.13
Warner Bros. Discovery, Inc. (WBD)vs ›	$70.09B	0.98	1.03	1.02	1.14
Live Nation Entertainment, Inc. (LYV)vs ›	$39.47B	137.04	46.83	46.83	46.83

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Verizon Communications Inc. (VZ)

$205.79B

1.81

1.78

1.79

1.87

T-Mobile US, Inc. (TMUS)vs ›

$189.65B

2.06

1.96

1.82

1.75

The Walt Disney Company (DIS)vs ›

$181.01B

0.42

0.45

0.49

0.56

AT&T Inc. (T)vs ›

$171.28B

1.47

1.46

1.50

1.38

Spotify Technology S.A. (SPOT)vs ›

$108.18B

0.06

0.32

0.50

0.51

Netflix, Inc. (NFLX)vs ›

$317.19B

0.47

0.64

0.69

0.93

Comcast Corporation (CMCSA)vs ›

$86.69B

1.01

1.15

1.21

1.19

DoorDash, Inc. (DASH)vs ›

$85.77B

0.33

0.20

0.14

0.13

Warner Bros. Discovery, Inc. (WBD)vs ›

$70.09B

0.98

1.03

1.02

1.14

Live Nation Entertainment, Inc. (LYV)vs ›

$39.47B

137.04

46.83

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Verizon Communications Inc. (VZ)?

The debt to equity ratio for VZ stock is 1.81.

Is Verizon Communications Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 1.81 is in line with its 5-year average of 1.87, near the low end of its 5-year range (1.62–2.43).

What is the TTM average debt to equity ratio for Verizon Communications Inc. (VZ)?

The TTM average debt to equity ratio for VZ stock is 1.78.

What is the 3Y average debt to equity ratio for Verizon Communications Inc. (VZ)?

The 3Y average debt to equity ratio for VZ stock is 1.79.

What is the 5Y average debt to equity ratio for Verizon Communications Inc. (VZ)?

The 5Y average debt to equity ratio for VZ stock is 1.87.

What is the 10Y average debt to equity ratio for Verizon Communications Inc. (VZ)?

The 10Y average debt to equity ratio for VZ stock is 2.06.

What is the 15Y average debt to equity ratio for Verizon Communications Inc. (VZ)?

The 15Y average debt to equity ratio for VZ stock is 1.97.

What is the 20Y average debt to equity ratio for Verizon Communications Inc. (VZ)?

The 20Y average debt to equity ratio for VZ stock is 1.71.

DATE	DEBT TO EQUITY RATIO
2026-06-30	1.81
2026-03-31	1.90
2025-12-31	1.92
2025-09-30	1.62
2025-06-30	1.65
2025-03-31	1.67
2024-12-31	1.70
2024-09-30	1.81
2024-06-30	1.80
2024-03-31	1.86
2023-12-31	1.89
2023-09-30	1.76
2023-06-30	1.87
2023-03-31	1.92
2022-12-31	1.93
2022-09-30	1.99
2022-06-30	2.04
2022-03-31	2.15
2021-12-31	2.18
2021-09-30	2.31
2021-06-30	2.43
2021-03-31	2.52
2020-12-31	2.22
2020-09-30	2.11
2020-06-30	2.14
2020-03-31	2.31
2019-12-31	2.17
2019-09-30	2.22
2019-06-30	2.38
2019-03-31	2.43
2018-12-31	2.13
2018-09-30	2.07
2018-06-30	2.20
2018-03-31	2.34
2017-12-31	2.72
2017-09-30	4.38
2017-06-30	4.67
2017-03-31	4.96
2016-12-31	4.80
2016-09-30	5.21
2016-06-30	5.18
2016-03-31	5.89
2015-12-31	6.68
2015-09-30	8.55
2015-06-30	9.96
2015-03-31	12.14
2014-12-31	9.21
2014-09-30	6.59
2014-06-30	7.38
2014-03-31	8.64
2013-12-31	2.41
2013-09-30	2.83
2013-06-30	1.46
2013-03-31	1.59
2012-12-31	1.57
2012-09-30	1.40
2012-06-30	1.41
2012-03-31	1.41
2011-12-31	1.53
2011-09-30	1.41
2011-06-30	1.37
2011-03-31	1.57
2010-12-31	1.37
2010-09-30	1.40
2010-06-30	1.46
2010-03-31	1.52
2009-12-31	1.50
2009-09-30	1.45
2009-06-30	1.52
2009-03-31	1.65
2008-12-31	1.25
2008-09-30	0.88
2008-06-30	0.85
2008-03-31	0.71
2007-12-31	0.62
2007-09-30	0.63
2007-06-30	0.65
2007-03-31	0.71
2006-12-31	0.75
2006-09-30	0.90
2006-06-30	0.95
2006-03-31	0.96
2005-12-31	0.96
2005-09-30	1.01
2005-06-30	1.08
2005-03-31	1.03
2004-12-31	1.05
2004-09-30	1.15
2004-06-30	1.23
2004-03-31	1.33
2003-12-31	1.36
2003-09-30	1.29
2003-06-30	1.43
2003-03-31	1.51
2002-12-31	1.63
2002-09-30	1.80

DATE

DEBT TO EQUITY RATIO

2026-06-30

1.81

2026-03-31

1.90

2025-12-31

1.92

2025-09-30

1.62

2025-06-30

1.65

2025-03-31

1.67

2024-12-31

1.70

2024-09-30

1.81

2024-06-30

1.80

2024-03-31

1.86

2023-12-31

1.89

2023-09-30

1.76

2023-06-30

1.87

2023-03-31

1.92

2022-12-31

1.93

2022-09-30

1.99

2022-06-30

2.04

2022-03-31

2.15

2021-12-31

2.18

2021-09-30

2.31

2021-06-30

2.43

2021-03-31

2.52

2020-12-31

2.22

2020-09-30

2.11

2020-06-30

2.14

2020-03-31

2.31

2019-12-31

2.17

2019-09-30

2.22

2019-06-30

2.38

2019-03-31

2.43

2018-12-31

2.13

2018-09-30

2.07

2018-06-30

2.20

2018-03-31

2.34

2017-12-31

2.72

2017-09-30

4.38

2017-06-30

4.67

2017-03-31

4.96

2016-12-31

4.80

2016-09-30

5.21

2016-06-30

5.18

2016-03-31

5.89

2015-12-31

6.68

2015-09-30

8.55

2015-06-30

9.96

2015-03-31

12.14

2014-12-31

9.21

2014-09-30

6.59

2014-06-30

7.38

2014-03-31

8.64

2013-12-31

2.41

2013-09-30

2.83

2013-06-30

1.46

2013-03-31

1.59

2012-12-31

1.57

2012-09-30

1.40

2012-06-30

1.41

2012-03-31

1.41

2011-12-31

1.53

2011-09-30

1.41

2011-06-30

1.37

2011-03-31

1.57

2010-12-31

1.37

2010-09-30

1.40

2010-06-30

1.46

2010-03-31

1.52

2009-12-31

1.50

2009-09-30

1.45

2009-06-30

1.52

2009-03-31

1.65

2008-12-31

1.25

2008-09-30

0.88

2008-06-30

0.85

2008-03-31

0.71

2007-12-31

0.62

2007-09-30

0.63

2007-06-30

0.65

2007-03-31

0.71

2006-12-31

0.75

2006-09-30

0.90

2006-06-30

0.95

2006-03-31

0.96

2005-12-31

0.96

2005-09-30

1.01

2005-06-30

1.08

2005-03-31

1.03

2004-12-31

1.05

2004-09-30

1.15

2004-06-30

1.23

2004-03-31

1.33

2003-12-31

1.36

2003-09-30

1.29

2003-06-30

1.43

2003-03-31

1.51

2002-12-31

1.63

2002-09-30

1.80

Debt to Equity Ratio: 1.81

VZ Debt to Equity Ratio

VZ Average Debt to Equity Ratio Chart

VZ Current vs Average Debt to Equity Ratio Chart

VZ Debt to Equity Ratio Metrics

VZ Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

VZ Debt to Equity Ratio History

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