Verizon Communications Inc. (VZ) Operating Margin: 21.17%
Is Verizon Communications Inc.’s operating margin high or low?
Verizon Communications Inc.'s operating margin of 21.17% is in line with its 5-year average of 22.48%, near the low end of its 5-year range (21.17%–23.92%).
The operating margin for Verizon Communications Inc. (VZ) is 21.17% as of Tuesday, June 9, 2026. It is below its 12-month average by 3.51% (21.94%).
VZ Operating Margin Chart
VZ Average Operating Margin Chart
VZ Current vs Average Operating Margin Chart
VZ Operating Margin Metrics
OPERATING MARGIN
21.17%
OPERATING MARGIN AVG TTM
21.94%
OPERATING MARGIN AVG 3Y
21.92%
OPERATING MARGIN AVG 5Y
22.48%
OPERATING MARGIN AVG 10Y
22.53%
OPERATING MARGIN AVG 15Y
21.37%
OPERATING MARGIN AVG 20Y
20.49%
CURRENT VS TTM AVG
-3.51%
CURRENT VS 3Y AVG
-3.41%
CURRENT VS 5Y AVG
-5.82%
CURRENT VS 10Y AVG
-6.05%
CURRENT VS 15Y AVG
-0.94%
CURRENT VS 20Y AVG
+3.29%
VZ Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Verizon Communications Inc. (VZ) | — | 21.17% | 21.94% | 21.92% | 22.48% |
| T-Mobile US, Inc. (TMUS) | $194.21B | 21.23% | 21.68% | 17.44% | 14.67% |
| The Walt Disney Company (DIS) | $172.49B | 14.65% | 13.84% | 11.49% | 9.54% |
| AT&T Inc. (T) | $157.80B | 19.23% | 19.53% | 13.87% | 14.96% |
| Spotify Technology S.A. (SPOT) | $102.03B | 12.79% | 10.75% | 3.13% | 1.63% |
| Comcast Corporation (CMCSA) | $85.20B | 16.71% | 17.77% | 18.34% | 18.02% |
| Electronic Arts Inc. (EA) | $50.77B | 15.43% | 17.90% | 18.45% | 18.09% |
| Twitter, Inc. (delisted) (TWTR) | $41.09B | 5.38% | 3.05% | 7.90% | 3.11% |
| Netflix, Inc. (NFLX) | $342.80B | 29.49% | 28.10% | 23.66% | 22.31% |
| Reddit, Inc. (RDDT) | $34.32B | 20.07% | -11.52% | -16.57% | -19.98% |
Operating Efficiency
Gross Margin
45.6%
Operating Margin
21.2%
Verizon Communications Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Verizon Communications Inc. Operating Margin FAQ
- What is the operating margin for Verizon Communications Inc. (VZ)?
- The operating margin for VZ stock is 21.17%.
- Is Verizon Communications Inc.'s operating margin high or low?
- Verizon Communications Inc.'s operating margin of 21.17% is in line with its 5-year average of 22.48%, near the low end of its 5-year range (21.17%–23.92%).
- What is the TTM average operating margin for Verizon Communications Inc. (VZ)?
- The TTM average operating margin for VZ stock is 21.94%.
- What is the 3Y average operating margin for Verizon Communications Inc. (VZ)?
- The 3Y average operating margin for VZ stock is 21.92%.
- What is the 5Y average operating margin for Verizon Communications Inc. (VZ)?
- The 5Y average operating margin for VZ stock is 22.48%.
- What is the 10Y average operating margin for Verizon Communications Inc. (VZ)?
- The 10Y average operating margin for VZ stock is 22.53%.
- What is the 15Y average operating margin for Verizon Communications Inc. (VZ)?
- The 15Y average operating margin for VZ stock is 21.37%.
- What is the 20Y average operating margin for Verizon Communications Inc. (VZ)?
- The 20Y average operating margin for VZ stock is 20.49%.
Verizon Communications Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 21.17% |
| 2024-12-31 | 22.71% |
| 2023-12-31 | 21.52% |
| 2022-12-31 | 22.27% |
| 2021-12-31 | 23.92% |
| 2020-12-31 | 23.28% |
| 2019-12-31 | 23.53% |
| 2018-12-31 | 22.93% |
| 2017-12-31 | 21.04% |
| 2016-12-31 | 20.57% |
| 2015-12-31 | 24.92% |
| 2014-12-31 | 14.87% |
| 2013-12-31 | 26.29% |
| 2012-12-31 | 18.13% |
| 2011-12-31 | 16.99% |
| 2010-12-31 | 17.80% |
| 2009-12-31 | 18.07% |
| 2008-12-31 | 18.60% |
| 2007-12-31 | 17.88% |
| 2006-12-31 | 16.12% |
| 2005-12-31 | 17.78% |
| 2004-12-31 | 19.81% |
| 2003-12-31 | 10.98% |
| 2002-12-31 | 22.19% |
| 2001-12-31 | 17.20% |
| 2000-12-31 | 20.04% |
| 1999-12-31 | 25.04% |
| 1998-12-31 | 20.99% |
| 1997-12-31 | 17.69% |
| 1996-12-31 | 20.85% |