Question 1

What is Verizon's P/E ratio?

Accepted Answer

Verizon (VZ) P/E ratio is 10.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Verizon?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Verizon specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is Verizon's P/E ratio high or low?

Accepted Answer

Verizon's P/E ratio of 10.8× is below its own 5-year average of 10.8× and below the sector median of 21.9×. That places the current reading at the 67th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Verizon's historical P/E ratio range?

Accepted Answer

In the available daily series, Verizon (VZ) P/E ratio has ranged from a low of 6.1× in 2023 to a high of 141.5× in 2012. The 5-year average is 10.8× and the 5-year median is 10.0×.

Question 7

What was Verizon's P/E ratio in 2025?

Accepted Answer

Verizon (VZ) P/E ratio at the end of 2025 was 10.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Verizon's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$172B	$17.2B	10.0×	+0.4×	Dec 31, 2025
2024	$169B	$17.5B	9.6×	-4.0×	Dec 31, 2024
2023	$159B	$11.6B	13.7×	+5.9×	Dec 31, 2023
2022	$166B	$21.3B	7.8×	-2.0×	Dec 31, 2022
2021	$217B	$22.1B	9.8×	-3.9×	Dec 31, 2021
2020	$243B	$17.8B	13.7×	+0.5×	Dec 31, 2020
2019	$254B	$19.3B	13.2×	-1.8×	Dec 31, 2019
2018	$233B	$15.5B	15.0×	+7.8×	Dec 31, 2018
2017	$216B	$30.1B	7.2×	-9.4×	Dec 31, 2017
2016	$218B	$13.1B	16.6×	+6.1×	Dec 31, 2016
2015	$188B	$17.9B	10.5×	-9.6×	Dec 31, 2015
2014	$194B	$9.63B	20.1×	+7.9×	Dec 31, 2014
2013	$141B	$11.5B	12.3×	-129.2×	Dec 31, 2013
2012	$124B	$875M	141.5×	+94.2×	Dec 31, 2012
2011	$114B	$2.4B	47.3×	+29.6×	Dec 31, 2011
2010	$101B	$5.71B	17.7×	+1.2×	Dec 31, 2010
2009	$88B	$5.33B	16.5×	+2.5×	Dec 31, 2009
2008	$90B	$6.43B	14.0×	-12.1×	Dec 31, 2008
2007	$119B	$4.57B	26.1×	+9.4×	Dec 31, 2007
2006	$103B	$6.2B	16.7×	+5.7×	Dec 31, 2006
2005	$80.9B	$7.4B	10.9×	-2.3×	Dec 31, 2005
2004	$103B	$7.82B	13.2×	-6.3×	Dec 31, 2004
2003	$89.5B	$4.58B	19.5×	-4.5×	Dec 31, 2003
2002	$98B	$4.08B	24.0×	—	Dec 31, 2002


Live Nation Entertainment (LYV)	423.6×
Omnicom Group (OMC)	244.9×
DoorDash (DASH)	70.7×
Roku (ROKU)	69.3×
TKO Group Holdings (TKO)	68.9×
Telephone and Data Systems (TDS)	36.5×
Reddit (RDDT)	36.4×
Pinterest (PINS)	34.9×
Spotify (SPOT)	31.5×
T-Mobile US (TMUS)	21.9×
Netflix (NFLX)	21.9×
Meta (META)	20.5×
Walt Disney (DIS)	14.5×
Fox (FOXA)	14.5×
News (NWSA)	13.1×
Match Group (MTCH)	11.2×
John Wiley & Sons (WLY)	9.7×
Versant Media Group, Inc. Class A (VSNT)	6.3×
Comcast (CMCSA)	5.5×
Charter Communications (CHTR)	5.5×

P/E Ratio for Verizon (VZ) 2002-2026

P/E Ratio daily chart for Verizon (VZ)

Historical P/E Ratio for Verizon (VZ) from 2002 to 2025

About P/E Ratio at Verizon (VZ)

Verizon P/E Ratio by Year

Verizon P/E Ratio 2025: 10.0×

Verizon P/E Ratio 2024: 9.6×

Verizon P/E Ratio 2023: 13.7×

Verizon P/E Ratio 2022: 7.8×

Verizon P/E Ratio 2021: 9.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Verizon (VZ) Key Financials