TTM
$48B
YoY change
+0.4%
5Y CAGR
+1.2%
Peak year (FY2015)
$49.2B
Cumulative EBITDA
$1.09T
EBITDA history chart for Verizon (VZ) from 2016 to 2025
Latest: $47.7B
EBITDA growth chart for Verizon (VZ) from 2016 to 2025
Latest: +0.4%
EBITDA history table for Verizon (VZ) from 1985 to 2025
| FY2025 | $47.7B | +0.4% | +$191M | ||
| FY2024 | $47.5B | +18.4% | +$7.39B | ||
| FY2023 | $40.1B | -18.0% | -$8.82B | ||
| FY2022 | $49B | -0.4% | -$172M | ||
| FY2021 | $49.1B | +9.3% | +$4.16B | ||
| FY2020 | $45B | +1.8% | +$816M | ||
| FY2019 | $44.1B | +5.5% | +$2.29B | ||
| FY2018 | $41.9B | -1.0% | -$422M | ||
| FY2017 | $42.3B | +2.4% | +$991M | ||
| FY2016 | $41.3B | -16.0% | -$7.89B | ||
| FY2015 | $49.2B | +33.9% | +$12.5B | ||
| FY2014 | $36.7B | -24.4% | -$11.8B | ||
| FY2013 | $48.6B | +67.8% | +$19.6B | ||
| FY2012 | $28.9B | -2.9% | -$878M | ||
| FY2011 | $29.8B | -5.4% | -$1.7B | ||
| FY2010 | $31.5B | +2.0% | +$625M | ||
| FY2009 | $30.9B | -4.4% | -$1.41B | ||
| FY2008 | $32.3B | +5.0% | +$1.55B | ||
| FY2007 | $30.8B | +5.7% | +$1.67B | ||
| FY2006 | $29.1B | +7.0% | +$1.89B | ||
| FY2005 | $27.2B | -5.6% | -$1.62B | ||
| FY2004 | $28.8B | +27.2% | +$6.16B | ||
| FY2003 | $22.7B | -5.4% | -$1.29B | ||
| FY2002 | $23.9B | +18.8% | +$3.79B | ||
| FY2001 | $20.2B | -20.1% | -$5.07B | ||
| FY2000 | $25.2B | +3.1% | +$762M | ||
| FY1999 | $24.5B | +50.3% | +$8.19B | ||
| FY1998 | $16.3B | +46.7% | +$5.18B | ||
| FY1997 | $11.1B | -2.3% | -$261M | ||
| FY1996 | $11.4B | +6.6% | +$706M | ||
| FY1995 | $10.7B | +95.2% | +$5.19B | ||
| FY1994 | $5.46B | +2.1% | +$114M | ||
| FY1993 | $5.34B | +8.5% | +$419M | ||
| FY1992 | $4.92B | +2.1% | +$99.5M | ||
| FY1991 | $4.82B | -3.3% | -$163M | ||
| FY1990 | $4.99B | +12.5% | +$554M | ||
| FY1989 | $4.43B | -3.6% | -$166M | ||
| FY1988 | $4.6B | +3.0% | +$136M | ||
| FY1987 | $4.46B | +1.7% | +$72.5M | ||
| FY1986 | $4.39B | +15.3% | +$582M | ||
| FY1985 | $3.81B | — | — |
- FY2025$47.7B+0.4%
- FY2024$47.5B+18.4%
- FY2023$40.1B-18.0%
- FY2022$49B-0.4%
- FY2021$49.1B+9.3%
- FY2020$45B+1.8%
- FY2019$44.1B+5.5%
- FY2018$41.9B-1.0%
- FY2017$42.3B+2.4%
- FY2016$41.3B-16.0%
- FY2015$49.2B+33.9%
- FY2014$36.7B-24.4%
- FY2013$48.6B+67.8%
- FY2012$28.9B-2.9%
- FY2011$29.8B-5.4%
- FY2010$31.5B+2.0%
- FY2009$30.9B-4.4%
- FY2008$32.3B+5.0%
- FY2007$30.8B+5.7%
- FY2006$29.1B+7.0%
- FY2005$27.2B-5.6%
- FY2004$28.8B+27.2%
- FY2003$22.7B-5.4%
- FY2002$23.9B+18.8%
- FY2001$20.2B-20.1%
- FY2000$25.2B+3.1%
- FY1999$24.5B+50.3%
- FY1998$16.3B+46.7%
- FY1997$11.1B-2.3%
- FY1996$11.4B+6.6%
- FY1995$10.7B+95.2%
- FY1994$5.46B+2.1%
- FY1993$5.34B+8.5%
- FY1992$4.92B+2.1%
- FY1991$4.82B-3.3%
- FY1990$4.99B+12.5%
- FY1989$4.43B-3.6%
- FY1988$4.6B+3.0%
- FY1987$4.46B+1.7%
- FY1986$4.39B+15.3%
- FY1985$3.81B—
EBITDA values are taken from Verizon's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Verizon (VZ)
According to Verizon's latest reported financial statements, the company's current EBITDA (TTM) is $48B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Verizon (VZ) most recent annual EBITDA stands at $47.7B (2025) – edged up 0.4% year-over-year.
Verizon EBITDA compound annual growth for the 2020–2025 (5 years) window is +1.2%, sustaining 2 straight years of year-over-year growth.
Verizon EBITDA edged down from $49.2B in 2015 to $47.7B in 2025, a 3.0% drawdown.
$49.2B stands as the all-time-high annual EBITDA, posted in 2015, against a low of $3.81B during 1985.
Verizon EBITDA by Year
Verizon EBITDA 2025: $47.7B
In 2025, Verizon reported EBITDA of $47.7B, edged up 0.4% from 2024.
Verizon EBITDA 2024: $47.5B
Verizon EBITDA in 2024 was $47.5B, grew 18.4% from 2023.
Verizon EBITDA 2023: $40.1B
2023's EBITDA for Verizon came in at $40.1B, declined 18.0% below 2022.
Verizon EBITDA 2022: $49B
Verizon posted EBITDA of $49B in 2022, edged down 0.4% below 2021.
Verizon EBITDA 2021: $49.1B
Verizon EBITDA in 2021 was $49.1B.
See more financial history for Verizon (VZ).
Sector peers by EBITDA
Communication Services peers of Verizon (VZ), ranked by their latest EBITDA
| $180B | |
| $105B | |
| $54.7B | |
| $46.4B | |
| $31.3B | |
| $30.3B | |
| $19.1B | |
| $2.74B |
- $180B
- $105B
- $54.7B
- $46.4B
- $31.3B
- $30.3B
- $19.1B
- $2.74B
Frequently asked questions
Verizon (VZ) Key Financials
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Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.98% TTM
- Dividend Profile5.92% yield
- Dividend Calculator
- Dividend Forecast
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- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.