Verizon Communications annual return on equity
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2025
Verizon Communications Return on Equity (ROE) Growth & History (VZ)
Verizon Communications's return on equity was 16.65% for fiscal 2025.
View full Verizon Communications company overviewVerizon Communications annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.65% | −1.36 pp |
| 2024 | 2024-12-31 | 18.01% | +5.54 pp |
| 2023 | 2023-12-31 | 12.47% | −11.73 pp |
| 2022 | 2022-12-31 | 24.20% | −4.74 pp |
| 2021 | 2021-12-31 | 28.94% | +1.99 pp |
| 2020 | 2020-12-31 | 26.95% | −5.83 pp |
| 2019 | 2019-12-31 | 32.78% | +1.53 pp |
| 2018 | 2018-12-31 | 31.24% | −56.36 pp |
| 2017 | 2017-12-31 | 87.61% | +24.91 pp |
| 2016 | 2016-12-31 | 62.70% | −50.76 pp |
| 2015 | 2015-12-31 | 113.45% | +95.81 pp |
| 2014 | 2014-12-31 | 17.65% | +4.94 pp |
| 2013 | 2013-12-31 | 12.71% | +11.69 pp |
| 2012 | 2012-12-31 | 1.02% | −1.76 pp |
| 2011 | 2011-12-31 | 2.78% | −0.20 pp |
| 2010 | 2010-12-31 | 2.98% | −3.03 pp |
| 2009 | 2009-12-31 | 6.01% | +8.72 pp |
| 2008 | 2008-12-31 | −2.71% | — |
Verizon Communications quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.66% | −1.19 pp |
| Q1 2026 | 2026-03-31 | 4.80% | −0.02 pp |
| Q4 2025 | 2025-12-31 | 2.21% | −2.84 pp |
| Q3 2025 | 2025-09-30 | 4.70% | +1.31 pp |
| Q2 2025 | 2025-06-30 | 4.85% | +0.09 pp |
| Q1 2025 | 2025-03-31 | 4.82% | −0.04 pp |
| Q4 2024 | 2024-12-31 | 5.05% | +7.85 pp |
| Q3 2024 | 2024-09-30 | 3.39% | −1.48 pp |
| Q2 2024 | 2024-06-30 | 4.75% | −0.12 pp |
| Q1 2024 | 2024-03-31 | 4.86% | −0.40 pp |
| Q4 2023 | 2023-12-31 | −2.80% | −10.06 pp |
| Q3 2023 | 2023-09-30 | 4.87% | −0.69 pp |
| Q2 2023 | 2023-06-30 | 4.87% | −1.15 pp |
| Q1 2023 | 2023-03-31 | 5.26% | −0.18 pp |
| Q4 2022 | 2022-12-31 | 7.26% | +1.55 pp |
| Q3 2022 | 2022-09-30 | 5.56% | −2.78 pp |
| Q2 2022 | 2022-06-30 | 6.03% | −1.82 pp |
| Q1 2022 | 2022-03-31 | 5.44% | −1.95 pp |
| Q4 2021 | 2021-12-31 | 5.71% | −1.05 pp |
| Q3 2021 | 2021-09-30 | 8.34% | +1.67 pp |
| Q2 2021 | 2021-06-30 | 7.85% | +0.37 pp |
| Q1 2021 | 2021-03-31 | 7.39% | +0.71 pp |
| Q4 2020 | 2020-12-31 | 6.76% | −1.52 pp |
| Q3 2020 | 2020-09-30 | 6.67% | −2.11 pp |
| Q2 2020 | 2020-06-30 | 7.47% | +0.64 pp |
| Q1 2020 | 2020-03-31 | 6.68% | −2.30 pp |
| Q4 2019 | 2019-12-31 | 8.27% | +4.77 pp |
| Q3 2019 | 2019-09-30 | 8.78% | −0.20 pp |
| Q2 2019 | 2019-06-30 | 6.83% | −0.94 pp |
| Q1 2019 | 2019-03-31 | 8.97% | −0.40 pp |
| Q4 2018 | 2018-12-31 | 3.50% | −47.55 pp |
| Q3 2018 | 2018-09-30 | 8.98% | −4.13 pp |
| Q2 2018 | 2018-06-30 | 7.78% | −9.06 pp |
| Q1 2018 | 2018-03-31 | 9.37% | −4.69 pp |
| Q4 2017 | 2017-12-31 | 51.05% | +31.51 pp |
| Q3 2017 | 2017-09-30 | 13.11% | −3.83 pp |
| Q2 2017 | 2017-06-30 | 16.84% | +13.41 pp |
| Q1 2017 | 2017-03-31 | 14.06% | −8.66 pp |
| Q4 2016 | 2016-12-31 | 19.54% | −13.76 pp |
| Q3 2016 | 2016-09-30 | 16.94% | −12.51 pp |
| Q2 2016 | 2016-06-30 | 3.44% | −32.37 pp |
| Q1 2016 | 2016-03-31 | 22.72% | −11.82 pp |
| Q4 2015 | 2015-12-31 | 33.29% | +47.39 pp |
| Q3 2015 | 2015-09-30 | 29.46% | +7.71 pp |
| Q2 2015 | 2015-06-30 | 35.81% | +7.58 pp |
| Q1 2015 | 2015-03-31 | 34.53% | +27.31 pp |
| Q4 2014 | 2014-12-31 | −14.10% | −19.56 pp |
| Q3 2014 | 2014-09-30 | 21.75% | +19.23 pp |
| Q2 2014 | 2014-06-30 | 28.22% | +25.65 pp |
| Q1 2014 | 2014-03-31 | 7.22% | +4.97 pp |
| Q4 2013 | 2013-12-31 | 5.46% | +10.21 pp |
| Q3 2013 | 2013-09-30 | 2.52% | +0.78 pp |
| Q2 2013 | 2013-06-30 | 2.57% | +0.53 pp |
| Q1 2013 | 2013-03-31 | 2.26% | +0.32 pp |
| Q4 2012 | 2012-12-31 | −4.75% | −2.41 pp |
| Q3 2012 | 2012-09-30 | 1.74% | +0.19 pp |
| Q2 2012 | 2012-06-30 | 2.04% | +0.25 pp |
| Q1 2012 | 2012-03-31 | 1.93% | +0.30 pp |
| Q4 2011 | 2011-12-31 | −2.33% | −5.41 pp |
| Q3 2011 | 2011-09-30 | 1.55% | +0.77 pp |
| Q2 2011 | 2011-06-30 | 1.79% | +3.20 pp |
| Q1 2011 | 2011-03-31 | 1.64% | +1.11 pp |
| Q4 2010 | 2010-12-31 | 3.08% | +2.35 pp |
| Q3 2010 | 2010-09-30 | 0.78% | −0.53 pp |
| Q2 2010 | 2010-06-30 | −1.41% | −3.46 pp |
| Q1 2010 | 2010-03-31 | 0.52% | — |
| Q4 2009 | 2009-12-31 | 0.73% | — |
| Q3 2009 | 2009-09-30 | 1.31% | — |
| Q2 2009 | 2009-06-30 | 2.05% | — |
Verizon Communications return on equity trends
Over the last five fiscal years, Verizon Communications's return on equity decreased from 26.95% to 16.65%, a change of −10.30 percentage points. The latest reported quarter, Q2 2026, shows 3.66%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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