T vs VZ

AT&T (T) and Verizon (VZ) compared side by side. Verizon (VZ) is larger, with a market cap of $185.6B versus $141.0B for AT&T, about 1.3 times the size. On trailing earnings, T is cheaper at 11.2x versus 11.6x for VZ.

Head to head

MetricTVZ
Market cap$141.0B$185.6B
P/E (TTM)11.2x11.6x
Forward P/E8.1x8.5x
Revenue (TTM)$128.9B$138.9B
Revenue growth5.3%-0.7%
Gross margin59.7%59.5%
Operating margin24.7%23.0%
Free cash flow$17.7B$20.2B
Dividend yield5.30%6.34%
1-year return-10.9%+24.0%
5-year return (annual)+7.7%+3.0%
Max drawdown-64%-57%
FI Handbook gradeB-B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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TVZ

T vs VZ FAQ

Which is bigger, T or VZ?

Verizon (VZ) is larger, with a market cap of $185.6B versus $141.0B for AT&T, about 1.3 times the size.

Is T or VZ cheaper?

On trailing earnings, T is cheaper at 11.2x versus 11.6x for VZ. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, T or VZ?

VZ returned +24.0% over the past year including dividends, versus -10.9% for T, through October 23, 2026.

Which pays a higher dividend, T or VZ?

VZ yields 6.34% versus 5.30% for T.

Full pages: AT&T · Verizon