Verizon Communications's earnings per share without non-recurring items for the
three
months ended in Mar. 2026 was $1.28.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was $4.80.
During the past 12 months, Verizon Communications's average earnings per share (NRI) Growth Rate was 3.70% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was -3.60% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was -3.10% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Verizon Communications's EPS without NRI or its related term are showing as below:
VZ'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -45 Med: 3.8 Max: 85.7
Current: -3.6
During the past 13 years, Verizon Communications's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 85.70% per year. The lowest was -45.00% per year. And the median was 3.80% per year.
VZ's 3-Year EPS without NRI Growth Rate is ranked worse than 69.82% of 285
companies
in the Telecommunication Services industry
Industry Median: 7.2
vs VZ: -3.60
Verizon Communications (NYSE:VZ) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Verizon Communications EPS without NRI Related Terms
Verizon Communications EPS without NRI Historical Data
* Premium members only.
The historical data trend for Verizon Communications's EPS without NRI can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Telecom Services subindustry, Verizon Communications's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Verizon Communications PE Ratio without NRI vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Verizon Communications's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Verizon Communications's PE Ratio without NRI falls into.
Verizon Communications EPS without NRI Calculation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.80
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Verizon Communications (VZ) has a EPS without NRI of $4.80 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Verizon Communications and its competitors. According to the industry distribution chart, Verizon Communications ranks #199 out of 285 companies in the Telecommunication Services industry, placing it in the top 69.8%.
Is Verizon Communications' EPS without NRI too high?
Verizon Communications' current EPS without NRI is $4.80. The Telecommunication Services industry median EPS without NRI is 7.20. Verizon Communications' value of $4.80 is 33.3% below this industry median. Based on the distribution chart, Verizon Communications ranks #199 out of 285 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Verizon Communications has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Verizon Communications' EPS without NRI compare to TMUS and T?
According to the Telecommunication Services industry distribution chart, Verizon Communications ranks #199 out of 285 companies for EPS without NRI. This places Verizon Communications in the lower half of its industry. The industry median EPS without NRI is 7.20. Verizon Communications' value of $4.80 is 33.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Telecommunication Services company?
The median EPS without NRI among Telecommunication Services companies is 7.20, based on 285 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Verizon Communications's current EPS without NRI of $4.80 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Verizon Communications and its competitors. For the Telecommunication Services industry, the median EPS without NRI is 7.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verizon Communications's current EPS without NRI is $4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verizon Communications stock overvalued right now?
Based on GuruFocus' analysis, Verizon Communications (VZ) is currently considered Fairly Valued. The stock's GF Value™ is $42.49, compared to a current price of $46.07 — trading 8.4% above its estimated fair value. The current EPS without NRI is $4.80 and 33.3% below the Telecommunication Services industry median of 7.20. Verizon Communications' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Verizon Communications (VZ), the current EPS without NRI is $4.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Verizon Communications (VZ) Overvalued in 2026?
Based on GuruFocus' analysis, Verizon Communications stock appears to be overvalued.
The current stock price of $46.07 is trading 8.4% above its estimated GF Value™ of $42.49.
GuruFocus considers Verizon Communications to be Fairly Valued.
Key valuation signals for VZ:
EPS without NRI: $4.80
GF Value™: $42.49 vs. price of $46.07 (8.4% above fair value)
Industry Position: 33.3% below the Telecommunication Services median (#199 of 285)
No single metric tells the full story. See the VZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wireless services account for 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.
64GF Score
Get the complete analysis for VZ
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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