VZ
Verizon Communications margins
- Stocks
- Communication Services
- NYSE: VZ
- Margins
At present, Verizon Communications reports a gross margin of 59.3%, an operating margin of 20.5%, an EBITDA margin of 34.3%, and a net margin of 11.6%. The strongest decline was in net margin, down 1.7 percentage points; the remaining margins remained unchanged.
VZ margin history
Verizon Communications's margins averaged 59.36% gross, 20% operating, 33.36% EBITDA, and 11.56% net during the last 3 years. Against the three-year averages, operating, EBITDA, and net margins are above their three-year averages and gross margin is below its three-year average.
VZ margin expansion
operating margin contracted by 1 percentage point, EBITDA margin by 0.9 percentage points, and net margin by 1.7 percentage points. gross margin was unchanged.
VZ Gross margin
Verizon Communications's gross margin averaged 59.36% over the last 3 years. Compared with its three-year average, Verizon Communications's current gross margin is 59.3% and is 0.1 percentage points below its three-year average. Over the last 3 years, Verizon Communications's gross margin peaked at 59.9% in Mar 2025 and reached a low of 58.6% in Sep 2023.
VZ Operating margin
Verizon Communications's operating margin averaged 20% in the last 3 years. The latest operating margin for Verizon Communications is 20.5%, 0.5 percentage points above its three-year average. Over the last 3 years, Verizon Communications's operating margin peaked at 23% in Sep 2025 and reached a low of 16.3% in Sep 2024.
VZ EBITDA margin
Across the last 3 years, Verizon Communications recorded an average EBITDA margin of 33.36%. Verizon Communications's current EBITDA margin is 34.3% and is 0.9 percentage points above its three-year average. The highest EBITDA margin for Verizon Communications was 36.9% in Sep 2023, while the lowest was 28.8% in Sep 2024.
VZ Net margin
Verizon Communications recorded an average net margin of 11.56% across the last 3 years. At present, Verizon Communications's current net margin is 11.6%, which is 0 percentage points above its three-year average. During this period, net margin reached a high of 15.6% in Sep 2023 and a low of 7.3% in Sep 2024.
VZ margin group comparison
Verizon Communications's gross margin of 59.3% is above the Communication Services sector average but below the industry and its peers average. Compared to its Communication Services sector average of 49.1%, Verizon Communications's gross margin is 21% higher.
VZ margin peer comparison
Frequently asked questions
What is Verizon Communications's gross margin?
For the period ending Jun 30, 2026, VZ recorded a gross margin of 59.3%.
What is Verizon Communications's operating margin?
For the period ending Jun 30, 2026, VZ recorded an operating margin of 20.5%.
What is Verizon Communications's EBITDA margin?
The current EBITDA margin for VZ is 34.3% as of Jun 30, 2026.
What is Verizon Communications's net margin?
As of Jun 30, 2026, VZ has a net margin of 11.6%.
What are the average margins of VZ?
Over the past 3 years, VZ reported average margins of 59.4% gross, 20.0% operating, 33.4% EBITDA, and 11.6% net.
What are the highest historical margins of VZ?
Across the 5-year period, VZ posted its highest margins at 59.9% gross in Mar 2025, 24.3% operating in Dec 2021, 36.9% EBITDA in Sep 2023, and 16.5% net in Dec 2021.
What are the lowest historical margins of VZ?
Verizon Communications's lowest recorded margins during the past 5 years were 56.8% gross in Dec 2022, 16.3% operating in Sep 2024, 28.8% EBITDA in Sep 2024, and 7.3% net in Sep 2024.