Verizon Communications's quarterly market cap
declined
from Sep. 2025 ($185,312 Mil) to Dec. 2025 ($171,766 Mil) but then
increased
from Dec. 2025 ($171,766 Mil) to Mar. 2026 ($209,613 Mil).
Verizon Communications's annual market cap
increased
from Dec. 2023 ($158,501 Mil) to Dec. 2024 ($168,345 Mil) and
increased
from Dec. 2024 ($168,345 Mil) to Dec. 2025 ($171,766 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Verizon Communications's Enterprise Value for Today is $381,187 Mil.
Verizon Communications (NYSE:VZ) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Market Cap distribution charts can be found below:
* The bar in red indicates where Verizon Communications's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Verizon Communications's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Market Cap of $192,368 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Verizon Communications and its competitors. According to the industry distribution chart, Verizon Communications ranks #4 out of 379 companies in the Telecommunication Services industry, placing it in the top 1.1%.
Is Verizon Communications' Market Cap too high?
Verizon Communications' current Market Cap is $192,368 Mil. The Telecommunication Services industry median Market Cap is 494.74. Verizon Communications' value of $192,368 Mil is 38782.3% above this industry median. Based on the distribution chart, Verizon Communications ranks #4 out of 379 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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' Market Cap compare to TMUS and T?
According to the Telecommunication Services industry distribution chart, Verizon Communications ranks #4 out of 379 companies for Market Cap. This places Verizon Communications in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 494.74. Verizon Communications' value of $192,368 Mil is 38782.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 494.74, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Verizon Communications's current Market Cap of $192,368 Mil is 38782.3% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Verizon Communications and its competitors. For the Telecommunication Services industry, the median Market Cap is 494.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verizon Communications's current Market Cap is $192,368 Mil. 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 Market Cap is $192,368 Mil and 38782.3% above the Telecommunication Services industry median of 494.74. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Verizon Communications (VZ), the current Market Cap is $192,368 Mil as of Jun. 25, 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:
Market Cap: $192,368 Mil
GF Value™: $42.49 vs. price of $46.07 (8.4% above fair value)
Industry Position: 38782.3% above the Telecommunication Services median (#4 of 379)
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
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