Company / Working Capital
Verizon Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$5.4B
FY2025
5-year range
-$24.2B / -$5.4B
FY2021-FY2025
Trend
+77.5%
vs FY2024
Sector context
#72 of 75
Communication Services
What the data says
Among 75 Communication Services companies, Verizon is in the bottom 4% for working capital. Working Capital returned to growth in FY2025 after 4 years of decline, reaching -$5.4B.
Based on SEC 10-K filings.
-$5.4B in FY2025.
Improved from -$16.4B to -$5.4B over the past 2 years.
Communication Services sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 4% in Communication ServicesTop 96% of 75This company -$5.4B Sector average $2.1B
▼
-362.1% below sector average
Key checks
Key Insights
- In FY2025, working capital increased 77.5% year-over-year.
- Ranks #72 out of 75 companies in the Communication Services sector.
- Peak working capital was recorded in FY2020.
- Lowest working capital in the period was in FY2024.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$5.4B | +77.5% |
| FY2024 | -$24.2B | -47.8% |
| FY2023 | -$16.4B | -33.3% |
| FY2022 | -$12.3B | -18.0% |
| FY2021 | -$10.4B | -169.9% |
| FY2020 | $14.9B | +301.9% |
| FY2019 | -$7.4B | -124.5% |
| FY2018 | -$3.3B | -5.4% |
| FY2017 | -$3.1B | +20.8% |
| FY2016 | -$3.9B | +68.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026