VZ · Earnings call · 2026Q3T · Full report

Debt and Liquidity Position

VERIZON COMMUNICATIONS INC · 2026-10-26 · Importance 44 · Surprise 24

Verizon’s net unsecured debt to consolidated adjusted EBITDA ratio was 2.3x at quarter-end, improving 0.2x from the prior quarter. Management said the company remained on track to reach its target leverage range during 2027. The company continued to prioritize deleveraging while funding network investment and shareholder returns.

Key facts

• Verizon management expects to hit its leverage targets early next year.
• Verizon expects to reach its target leverage range during 2027.
• Verizon's net unsecured debt to consolidated adjusted EBITDA ratio was 2.3x at quarter-end, a 0.2x improvement from the prior quarter.