Verizon Communications Inc.
Market Cap
$196.4B
Global Rank
#80
All-Time High
$201.2B
2026-07-28
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 78% of the 367 companies we track (globally).
- Equivalent to 0.6% of United States's GDP (2025 data).
- Just above: #79 Banco Santander, S.A. ($198.0B)
- Just below: #81 McDonald's Corporation ($194.0B)
- Best year: 1997 (+45%). Worst year: 2005 (-22%).
Verizon Communications Inc. Financial Breakdown (FY 2025)
Source: Yahoo Finance โ VZ annual filings (2025) โ$138B revenue ยท $29.3B operating income ยท $17.2B net income
- โOperating margin: 21.2% on $138.2B in revenue.
- โNet income margin: 12.4% โ $17.2B in profit.
- โFree cash flow: $19.7B (14.2% of revenue).
Cost / Operating Expenses
Total operating expenses $109B
Total
$90.6B
Capital Expenditures
$17.5B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$19.7B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Verizon Communications Inc.
Verizon Communications Inc. is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146.8 million subscribers as of March 31, 2026.
Verizon Communications Inc. Market Cap History (2026โ2026)
Verizon Communications Inc. vs Sector Peers by Market Cap
Compare Verizon Communications Inc.
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $196.4B | #80(โ14) | +19.2% |
| 2025 | $164.7B | #94(โ11) | +8.9% |
| 2024 | $151.3B | #83(โ6) | +13.1% |
| 2023 | $133.7B | #77(โ15) | +2.7% |
| 2022 | $130.2B | #62(โ4) | -20.0% |
| 2021 | $162.8B | #58(โ23) | -7.5% |
| 2020 | $176.1B | #35(โ5) | -0.1% |
| 2019 | $176.3B | #30(โ5) | +13.8% |
| 2018 | $154.9B | #25(โ2) | +11.3% |
| 2017 | $139.2B | #27(โ8) | +4.0% |
| 2016 | $133.9B | #19(โ4) | +20.7% |
| 2015 | $110.9B | #23(โ1) | +3.6% |
| 2014 | $107.0B | #22(โ3) | -0.5% |
| 2013 | $107.6B | #19(โ2) | +18.6% |
| 2012 | $90.7B | #17 | +13.2% |
| 2011 | $80.2B | #17(โ6) | +18.2% |
| 2010 | $67.8B | #23(โ2) | +22.6% |
| 2009 | $55.4B | #25(โ8) | +3.8% |
| 2008 | $53.3B | #17(โ9) | -18.1% |
| 2007 | $65.1B | #26(โ2) | +22.2% |
| 2006 | $53.3B | #28(โ4) | +34.6% |
| 2005 | $39.6B | #32(โ14) | -22.2% |
| 2004 | $50.9B | #18(โ5) | +20.3% |
| 2003 | $42.3B | #23(โ9) | -5.7% |
| 2002 | $44.8B | #14(โ1) | -15.2% |
| 2001 | $52.8B | #15(โ7) | -2.5% |
| 2000 | $54.2B | #22(โ10) | -16.2% |
| 1999 | $64.7B | #12(โ2) | +17.1% |
| 1998 | $55.3B | #14(โ4) | +22.5% |
| 1997 | $45.1B | #10(โ2) | +45.2% |
| 1996 | $31.1B | #12(โ6) | +1.3% |
| 1995 | $30.7B | #6(โ1) | +41.4% |
| 1994 | $21.7B | #5 |
Other Communication Services Companies
FAQ
What is Verizon Communications Inc.'s market cap?
Verizon Communications Inc. (VZ) has a market capitalization of $196.4B, making it the #80 largest company in the world by market cap.
What was Verizon Communications Inc.'s highest market cap?
Verizon Communications Inc.'s all-time high market cap was $201.2B, reached in 2026-07-28. Its highest rank was #80 in 2026.
What sector is Verizon Communications Inc. in?
Verizon Communications Inc. is in the Communication Services sector, specifically the Telecom Services industry. It is based in United States.
How has Verizon Communications Inc.'s market cap changed over time?
Verizon Communications Inc. has been tracked since 2026. Its market cap has grown by 0% from $196.4B in 2026 to $196.4B today.