Verizon Communications Inc
Close on Nov 2, 2026Market cap $187.17BP/E 11.5Yield 6.07%
Verizon Communications Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio by Year
Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio (Non-GAAP, x) (×)
Verizon Communications Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio: 2.20× in 2025, down 4.3% from a year earlier.
Where the 2025 figure comes from
“|| Net unsecured debt / Consolidated Adjusted EBITDA (1)(2) | 2.5 | x | 2.2 | x”
Source: Form 8-K EX-99 (0000732712-26-000040, filed 2026-07-24) ↗
Reported in Verizon Form 8-K (EX-99) & Financial and Operating Information (FOI).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio (Non-GAAP, x) (×) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 2.20 | -4.3% | Form 8-K EX-99 (0000732712-26-000040, filed 2026-07-24) ↗ |
| 2024 | Dec 31, 2024 | 2.30 | -11.5% | Form 8-K EX-99 (0000732712-26-000003, filed 2026-01-30) ↗ |
| 2023 | Dec 31, 2023 | 2.60 | -3.7% | Form 8-K EX-99 (0000732712-25-000003, filed 2025-01-24) ↗ |
| 2022 | Dec 31, 2022 | 2.70 | -3.6% | Form 8-K EX-99 (0000732712-24-000007, filed 2024-01-23) ↗ |
| 2021 | Dec 31, 2021 | 2.80 | +40.0% | Form 8-K EX-99 (0000732712-23-000007, filed 2023-01-24) ↗ |
| 2020 | Dec 31, 2020 | 2.00 | 0.0% | Form 8-K EX-99 (0000732712-22-000004, filed 2022-01-25) ↗ |
| 2019 | Dec 31, 2019 | 2.00 | -4.8% | Form 8-K EX-99 (0000732712-21-000003, filed 2021-01-26) ↗ |
| 2018 | Dec 31, 2018 | 2.10 | – | Form 8-K EX-99 (0000732712-20-000003, filed 2020-01-30) ↗ |
Cite this data
StockData. (2026). Verizon Communications Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio (×), annual 2018–2025 [Data set]. Compiled from Verizon Communications SEC filings and investor materials. https://stockdatahq.com/stocks/vz/kpis/vz-net-unsecured-debt-to-adj-ebitda-x
See every metric in the Verizon Communications KPI table. Data updated Oct 25, 2026.