Verizon Communications Inc. (VZ) Operating margin 2016–2025
Verizon Communications Inc. (VZ) operating margin by fiscal year — reported operating income divided by reported revenue.
21.2%FY2025 · since FY2016: 23.2% → 21.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 21.2% | -0.1 pp |
| FY2024 | 21.3% | +4.2 pp |
| FY2023 | 17.1% | -5.2 pp |
| FY2022 | 22.3% | -2.0 pp |
| FY2021 | 24.3% | +1.8 pp |
| FY2020 | 22.4% | -0.6 pp |
| FY2019 | 23.0% | +6.0 pp |
| FY2018 | 17.0% | -4.7 pp |
| FY2017 | 21.8% | -1.5 pp |
| FY2016 | 23.2% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice