Company / Income Tax
Verizon Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$5.1B
FY2025
5-year range
$2.9B / $6.8B
FY2021-FY2025
Trend
+0.7%
vs FY2024
Sector context
#4 of 72
Communication Services
What the data says
Among 72 Communication Services companies, Verizon is in the bottom 6% for income tax. Income Tax has fluctuated over the past 10 years, ranging from -$10.0B in FY2019 to $7.4B in FY2016.
Based on SEC 10-K filings.
$5.1B in FY2025 with a 5-year CAGR of +7.2%. Top quartile in the Communication Services sector.
Improved from $6.8B to $5.1B over the past 2 years.
Communication Services sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -3.4%
- 5-Year CAGR
- +7.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in Communication ServicesTop 94% of 72This company $5.1B Sector average $977.5M
▼
+418.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +7.2%, indicating consistent growth.
- In FY2025, income tax increased 0.7% year-over-year.
- Ranks #4 out of 72 companies in the Communication Services sector.
- Peak income tax was recorded in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.90 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.1B | +0.7% |
| FY2024 | $5.0B | -26.1% |
| FY2023 | $6.8B | +21.1% |
| FY2022 | $5.6B | +90.8% |
| FY2021 | $2.9B | -17.8% |
| FY2020 | $3.6B | +136.0% |
| FY2019 | -$10.0B | -377.8% |
| FY2018 | $3.6B | +136.0% |
| FY2017 | -$10.0B | -234.9% |
| FY2016 | $7.4B | -25.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026