Verizon Communications Inc
Close on Nov 2, 2026Market cap $187.17BP/E 11.5Yield 6.07%
Verizon Communications Total Debt: $158,150M in 2025, up 9.8% from a year earlier. That is the highest of the 8 years on record here.
Where the 2025 figure comes from
“Total debt $ 144,014 $ 143,649 $ 145,996 $ 146,775 $ 158,150 $ 172,460 $ 165,231”
Source: Verizon 2Q 2026 Financial & Operating Information PDF ↗
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 | Total Debt ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 158,150 | +9.8% | Verizon 2Q 2026 Financial & Operating Information PDF ↗ |
| 2024 | Dec 31, 2024 | 144,014 | -4.4% | Verizon 2Q 2026 Financial & Operating Information PDF ↗ |
| 2023 | Dec 31, 2023 | 150,674 | 0.0% | Verizon 4Q 2025 Financial & Operating Information PDF ↗ |
| 2022 | Dec 31, 2022 | 150,639 | -0.2% | Form 8-K EX-99 (0000732712-24-000007, filed 2024-01-23) ↗ |
| 2021 | Dec 31, 2021 | 150,868 | +16.9% | Form 8-K EX-99 (0000732712-23-000007, filed 2023-01-24) ↗ |
| 2020 | Dec 31, 2020 | 129,062 | +15.8% | Form 8-K EX-99 (0000732712-22-000004, filed 2022-01-25) ↗ |
| 2019 | Dec 31, 2019 | 111,489 | -1.4% | Form 8-K EX-99 (0000732712-21-000003, filed 2021-01-26) ↗ |
| 2018 | Dec 31, 2018 | 113,063 | – | Form 8-K EX-99 (0000732712-20-000003, filed 2020-01-30) ↗ |
Breakdown
What makes up total Debt
- Debt Maturing Within One Year (Short-Term Debt, $M)18,618 · 2025
- Long-Term Debt ($M)139,532 · 2025
- Total Unsecured Debt ($M)131,083 · 2025
- Secured Debt (Asset-Backed Securitization Debt, $M)27,067 · 2025
- Cash and Cash Equivalents ($M)19,048 · 2025
- Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio (Non-GAAP, x)2.20 · 2025
- Unsecured Debt to Net Income (LTM) Ratio (GAAP, x)7.40 · 2025
Cite this data
StockData. (2026). Verizon Communications Total Debt ($M), annual 2018–2025 [Data set]. Compiled from Verizon Communications SEC filings and investor materials. https://stockdatahq.com/stocks/vz/kpis/vz-total-debt
See every metric in the Verizon Communications KPI table. Data updated Oct 25, 2026.