Verizon Communications Inc. (VZ): ev to ebit, 10 filed years
EV/EBIT at Verizon Communications Inc. was 11.53x in FY2025, the newest filed year. Across the 9 computed years from FY2017 it ranged from 11.20x (FY2022) to 16.37x (FY2018), with a median of 12.09x.
Tonight's figure on the company page: 12.12x, at the close of 2026-10-16, recomputed 2026-10-16. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | EV/EBIT | Read from |
|---|---|---|
| FY2016 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a | 10-K, filed 2017-02-21 |
| FY2017 | 12.09x | 10-K, filed 2018-02-23 |
| FY2018 | 16.37x | 10-K, filed 2019-02-15 |
| FY2019 | 12.70x | 10-K, filed 2020-02-21 |
| FY2020 | 12.96x | 10-K, filed 2021-02-25 |
| FY2021 | 12.08x | 10-K, filed 2022-02-11 |
| FY2022 | 11.20x | 10-K, filed 2023-02-10 |
| FY2023 | 14.59x | 10-K, filed 2024-02-09 |
| FY2024 | 11.69x | 10-K, filed 2025-02-12 |
| FY2025 | 11.53x | 10-K, filed 2026-02-17 |
How each year is computed
(Close at fiscal year end x diluted shares + total debt - cash) / operating income
P/E, free cash flow yield and EV to EBIT set each filed year against the close on or within a week before that fiscal year's end. The price archive here is about five years deep, so older years of those three read n/a. Per-share figures and share counts are put on today's share count after a confirmed split, the basis the price archive is kept on.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.