EBITDA for Verizon (VZ)
According to Verizon's latest reported financial statements, the company's current EBITDA (TTM) is $47.72B USD. 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 .
VZ
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$47.72B
YoY change
+0.4%
5Y CAGR
+1.2%
Peak year (2015)
$49.18B
Cumulative EBITDA
$1.06T
EBITDA history chart for Verizon (VZ) from 1985 to 2025
EBITDA history table for Verizon (VZ) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $47.72B | +0.4% | ||
| 2024 | $47.52B | +18.4% | ||
| 2023 | $40.14B | -18.0% | ||
| 2022 | $48.95B | -0.4% | ||
| 2021 | $49.12B | +9.3% | ||
| 2020 | $44.96B | +1.8% | ||
| 2019 | $44.15B | +5.5% | ||
| 2018 | $41.86B | -1.0% | ||
| 2017 | $42.28B | +2.4% | ||
| 2016 | $41.29B | -16.0% | ||
| 2015 | $49.18B | +33.9% | ||
| 2014 | $36.72B | -24.4% | ||
| 2013 | $48.55B | +67.8% | ||
| 2012 | $28.93B | -2.9% | ||
| 2011 | $29.81B | -5.4% | ||
| 2010 | $31.51B | +2.0% | ||
| 2009 | $30.89B | -4.4% | ||
| 2008 | $32.30B | +5.0% | ||
| 2007 | $30.75B | +5.7% | ||
| 2006 | $29.09B | +7.0% | ||
| 2005 | $27.19B | -5.6% | ||
| 2004 | $28.82B | +27.2% | ||
| 2003 | $22.66B | -5.4% | ||
| 2002 | $23.95B | +18.8% | ||
| 2001 | $20.16B | -20.1% | ||
| 2000 | $25.23B | +3.1% | ||
| 1999 | $24.46B | +50.3% | ||
| 1998 | $16.27B | +46.7% | ||
| 1997 | $11.10B | -2.3% | ||
| 1996 | $11.36B | +6.6% | ||
| 1995 | $10.65B | +95.2% | ||
| 1994 | $5.46B | +2.1% | ||
| 1993 | $5.34B | +8.5% | ||
| 1992 | $4.92B | +2.1% | ||
| 1991 | $4.82B | -3.3% | ||
| 1990 | $4.99B | +12.5% | ||
| 1989 | $4.43B | -3.6% | ||
| 1988 | $4.60B | +3.0% | ||
| 1987 | $4.46B | +1.7% | ||
| 1986 | $4.39B | +15.3% | ||
| 1985 | $3.81B | — |
EBITDA values are taken from Verizon's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Verizon (VZ) most recent annual EBITDA stands at $47.72B (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 $49.18B in 2015 to $47.72B in 2025, a 3.0% drawdown.
$49.18B stands as the all-time-high annual EBITDA, posted in 2015, against a low of $3.81B during 1985.
Within Communication Services, Verizon (VZ) ranks 4th among 8 peers we track. The peer median for EBITDA is $39.32B.
Verizon EBITDA by Year
Verizon EBITDA 2025: $47.72B
Verizon EBITDA in 2025 was $47.72B, edged up 0.4% from 2024.
Verizon EBITDA 2024: $47.52B
Verizon EBITDA in 2024 was $47.52B, grew 18.4% from 2023.
Verizon EBITDA 2023: $40.14B
Verizon EBITDA in 2023 was $40.14B, declined 18.0% below 2022.
Verizon EBITDA 2022: $48.95B
Verizon EBITDA in 2022 was $48.95B, edged down 0.4% below 2021.
Verizon EBITDA 2021: $49.12B
Verizon EBITDA in 2021 was $49.12B.
See more financial history for Verizon (VZ).
Sector peers — EBITDA
Companies in the same sector as Verizon, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $179.96B | Communication Services |
| Meta Platforms, Inc. (META) | $104.55B | Communication Services |
| AT&T Inc. (T) | $54.70B | Communication Services |
| Comcast Corporation (CMCSA) | $46.38B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $32.25B | Communication Services |
| Netflix, Inc. (NFLX) | $30.25B | Communication Services |
| The Walt Disney Company (DIS) | $19.14B | Communication Services |
| Spotify Technology S.A. (SPOT) | $2.36B | Communication Services |
Frequently asked questions
What is Verizon's EBITDA?
- Latest reported EBITDA for Verizon (VZ) is $47.72B (period ending December 31, 2025).
How has Verizon EBITDA changed year-over-year?
- Verizon (VZ) EBITDA changed +0.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Verizon EBITDA?
- Verizon (VZ) EBITDA compound annual growth rate is +1.2% over the most recent 5 years available.
When did Verizon EBITDA hit its highest annual value?
- Verizon EBITDA reached its highest annual value of $49.18B in 2015.
What was Verizon EBITDA in 2024?
- Verizon (VZ) EBITDA in 2024 was $47.52B.
What was Verizon EBITDA in 2025?
- Verizon (VZ) EBITDA in 2025 was $47.72B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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