Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.
In short
How the two compare
On the latest closes (28 Oct 2026), Verizon is the larger company by market value ($180.10B against $141.67B). Over the past year AT&T returned −16% and Verizon +15.6%, while the S&P 500 returned +12.7%. The latest filed P/E is 12.3 for AT&T and 11.0 for Verizon, and the operating margin 12.7% against 21%. Over the next 21 sessions the model expects −0.28% for AT&T, with a 46% chance of a rise, and −0.19% for Verizon, with a 42% chance.
Model view
What the model expects
Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.
Model readings:
MeasureAT&T · TVerizon · VZ
Expected returnnext 21 sessions
T−0.28%
VZ−0.19%
Chance of a risenext 21 sessions
T46%
VZ42%
Expected returnnext 63 sessions
T0%
VZ+0.59%
Range of outcomes63 sessions, 80% band
T−26.9% to +26.9%
VZ−22.1% to +23.3%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
T—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
VZ—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
Gap to pricefair value against the close
T—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
VZ—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
Past readings that matchedsign of the 21-session outcome
T52%of 269
VZ53.4%of 269
Price performance
How the prices moved
Price change over each period, with the S&P 500 (SPY) for comparison.
Closes to
MeasureAT&T · TVerizon · VZ
1 monthS&P 500: +1.1%
T−15.4%
VZ−6.1%
6 monthsS&P 500: +8.5%
T−18.5%
VZ−5.8%
Year to dateS&P 500: +13.3%
T−13.7%
VZ+11.3%
1 yearS&P 500: +12.7%
T−16%
VZ+15.6%
5 yearsS&P 500: +70.7%
T+39.4%
VZ+9.2%
1 year against the S&P 500percentage points
T−28.7 pts
VZ+2.9 pts
Position in the 52-week range0% low, 100% high
T12%close $20.70 in $19.63 to $28.75
VZ42%close $43.18 in $36.91 to $51.67
Against the 200-day average
T−16.3%
VZ−6.3%
Valuation
What the market pays
Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.
Filings: quarter to (T), (VZ)
MeasureAT&T · TVerizon · VZ
Market value
T$141.67B28 Oct 2026
VZ$180.10B28 Oct 2026
Enterprise valueat the last filing
T$315.85B30 Sep 2026
VZ$318.30B30 Jun 2026
P/Elatest filed
T12.3
VZ11.0
Price to book
T1.36
VZ1.68
EV / EBITDA
T7.40
VZ6.77
Free cash flow yield
T10.67%
VZ21.97%
Dividend yield
T4.75%
VZ6.59%
Profitability
How much of revenue becomes profit
Margins and returns on capital from the latest filing; revenue, net income and earnings per share over the trailing twelve months.
Filings: quarter to (T), (VZ)
MeasureAT&T · TVerizon · VZ
Gross margin
T12.7%
VZ21%
Operating margin
T12.7%
VZ21%
Net margin
T2.8%
VZ11.2%
Return on equity
T11%
VZ15.2%
Return on invested capital
T1.1%
VZ2.2%
Revenuetrailing twelve months
T$127.26B
VZ$137.94B
Net incometrailing twelve months
T$13.53B
VZ$16.01B
Earnings per sharetrailing twelve months
T$1.98
VZ$3.84
Growth
How fast the business grew
Change against the same quarter a year earlier.
Filings: quarter to (T), (VZ)
MeasureAT&T · TVerizon · VZ
Revenue growthyear over year
T+5.3%
VZ−0.7%
Earnings growthyear over year
T−90.4%
VZ−23.4%
Free cash flow growthyear over year
T−10.9%
VZ+9.9%
Financial health
Balance sheet and quality scores
Leverage, liquidity and two published scores: Altman Z (below 1.8 the distress zone, above 3 the safe zone) and Piotroski F (0 to 9).
Filings: quarter to (T), (VZ)
MeasureAT&T · TVerizon · VZ
Debt to equity
T1.30
VZ1.36
Current ratiocurrent assets over current liabilities
T0.87
VZ0.60
Altman Z-score
T—Not in the latest filing data.
VZ—Not in the latest filing data.
Piotroski F-scoreout of 9
T3 of 9
VZ6 of 9
Trading and risk
How the shares trade
Volatility, sensitivity to the market, the deepest fall, short interest and how closely the two move together.
Closes to ; FINRA settlement
MeasureAT&T · TVerizon · VZ
Volatility21 sessions, annualised
T57.3%
VZ46.5%
Betaagainst the S&P 500, 5 years
T0.27
VZ0.25
Deepest fallpeak to trough, 5 years
T−32%
VZ−38.4%
Market regimeour reading at each model date
TStrong risk-off
VZStrong risk-off
Short interestshare of the float
T1.7%settled 30 Sep 2026
VZ2.1%settled 30 Sep 2026
Days to covershort shares over average volume
T3.2
VZ3.7
Average volume3 months, shares a day
T42.96M
VZ23.33M
Moving togethercorrelation of daily returns, past year0.77, often together−1 opposite0 unrelated+1 together
Questions
AT&T or Verizon: common questions
Which is larger by market value, AT&T or Verizon?
Verizon, at $180.10B against $141.67B for AT&T, on the latest closes (28 Oct 2026).
Which has the higher P/E ratio, AT&T or Verizon?
AT&T has the higher latest filed P/E, 12.3; Verizon's is 11.0. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.
How did AT&T and Verizon move over the past year against the S&P 500?
Over the past year AT&T returned −16% and Verizon +15.6%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.
What does the model expect for AT&T and Verizon over the next month?
−0.28% for AT&T with a 46% chance of a rise, and −0.19% for Verizon with a 42% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.
How do the operating margins of AT&T and Verizon compare?
The operating margin is 12.7% for AT&T and 21% for Verizon, and the gross margin 12.7% against 21%. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.
Do AT&T and Verizon shares move together?
Over the past year the correlation of their daily returns was 0.77 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.
In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.