VERIZON COMMUNICATIONS INC (VZ) Return on Tangible Equity

VERIZON COMMUNICATIONS INC Return Tang Equity

Return on tangible equity is the profit a company earns on the physical and financial capital its shareholders own, leaving out goodwill and other intangible assets, shown as a percentage. It is net income divided by tangible equity, which is shareholder equity minus goodwill and intangibles; the table shows both amounts. Because acquired goodwill is removed, it runs higher than ROE for companies that grew by acquisition, and it has no meaning when goodwill exceeds equity. Goodwill and intangibles are taken at the latest reported date on or before each equity date. Quarterly points divide the trailing four quarters of net income by the balance at that quarter end; annual points divide the filed fiscal-year net income by the fiscal-year-end balance.

• VERIZON COMMUNICATIONS INC return tang equity for the quarter ending 2026-06-30 was 25.99%, a 1.28% increase year-over-year.
• VERIZON COMMUNICATIONS INC return tang equity for the quarter ending 2026-03-31 was 28.34%, a 8.91% increase year-over-year.
• VERIZON COMMUNICATIONS INC return tang equity for the quarter ending 2025-12-31 was 23.71%, a 9.80% decline year-over-year.
• VERIZON COMMUNICATIONS INC return tang equity for the quarter ending 2025-09-30 was 27.18%, a 77.98% increase year-over-year.
• VERIZON COMMUNICATIONS INC return tang equity for fiscal 2025 was 23.71%, a 9.80% decline from fiscal 2024.
• VERIZON COMMUNICATIONS INC return tang equity for fiscal 2024 was 26.28%, a 35.56% increase from fiscal 2023.
• VERIZON COMMUNICATIONS INC return tang equity for fiscal 2023 was 19.39%, a 52.26% decline from fiscal 2022.
• VERIZON COMMUNICATIONS INC return tang equity for fiscal 2022 was 40.62%, a 20.99% decline from fiscal 2021.