VZ vs. TMUS

Last updated Apr 1, 2026

Compare and contrast key facts about Verizon Communications Inc. (VZ) and T-Mobile US, Inc. (TMUS).

Performance

VZ vs. TMUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Verizon Communications Inc. (VZ) and T-Mobile US, Inc. (TMUS). The values are adjusted to include any dividend payments, if applicable.

VZ vs. TMUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VZ Verizon Communications Inc.	25.39%	8.86%	13.14%	2.71%	-20.02%	-7.55%	-0.13%	13.83%	11.26%	3.97%
TMUS T-Mobile US, Inc.	3.94%	-6.58%	39.70%	15.02%	20.71%	-13.99%	71.96%	23.28%	0.16%	10.43%

Fundamentals

Market Cap VZ : $212.35B TMUS : $234.69B
EPS VZ : $4.38 TMUS : $9.76
PE Ratio VZ : 11.47 TMUS : 21.52
PEG Ratio VZ : 1.93 TMUS : 0.33
PS Ratio VZ : 1.54 TMUS : 2.68
PB Ratio VZ : 2.01 TMUS : 3.96
Total Revenue (TTM) VZ : $138.19B TMUS : $88.31B
Gross Profit (TTM) VZ : $76.98B TMUS : $38.07B
EBITDA (TTM) VZ : $44.20B TMUS : $28.41B

Returns By Period

In the year-to-date period, VZ achieves a 25.39% return, which is significantly higher than TMUS's 3.94% return. Over the past 10 years, VZ has underperformed TMUS with an annualized return of 4.64%, while TMUS has yielded a comparatively higher 18.69% annualized return.

VZ

• 1D: -0.20%
• 1M: 0.12%
• YTD: 25.39%
• 6M: 18.20%
• 1Y: 18.24%
• 3Y*: 16.52%
• 5Y*: 3.18%
• 10Y*: 4.64%

TMUS

• 1D: -1.83%
• 1M: -3.25%
• YTD: 3.94%
• 6M: -11.40%
• 1Y: -19.91%
• 3Y*: 14.68%
• 5Y*: 11.34%
• 10Y*: 18.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

VZ vs. TMUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VZ

VZ Risk / Return Rank: 68
VZ Sharpe Ratio Rank: 70
VZ Sortino Ratio Rank: 66
VZ Omega Ratio Rank: 64
VZ Calmar Ratio Rank: 72
VZ Martin Ratio Rank: 70

TMUS

TMUS Risk / Return Rank: 16
TMUS Sharpe Ratio Rank: 11
TMUS Sortino Ratio Rank: 13
TMUS Omega Ratio Rank: 13
TMUS Calmar Ratio Rank: 21
TMUS Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VZ vs. TMUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Verizon Communications Inc. (VZ) and T-Mobile US, Inc. (TMUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	VZ	TMUS	Difference
Sharpe ratio Return per unit of total volatility	0.80	-0.74	+1.54
Sortino ratio Return per unit of downside risk	1.37	-0.86	+2.24
Omega ratio Gain probability vs. loss probability	1.17	0.88	+0.29
Calmar ratio Return relative to maximum drawdown	1.46	-0.63	+2.08
Martin ratio Return relative to average drawdown	3.33	-1.15	+4.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VZ vs. TMUS - Sharpe Ratio Comparison

The current VZ Sharpe Ratio is 0.80, which is higher than the TMUS Sharpe Ratio of -0.74. The chart below compares the historical Sharpe Ratios of VZ and TMUS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VZ	TMUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	-0.74	+1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.48	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.72	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.21	+0.03

Correlation

The correlation between VZ and TMUS is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VZ vs. TMUS - Dividend Comparison

VZ's dividend yield for the trailing twelve months is around 5.45%, more than TMUS's 1.81% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VZ Verizon Communications Inc.	5.45%	6.68%	6.68%	6.96%	6.53%	4.85%	4.21%	3.95%	4.22%	4.39%	4.26%	4.79%
TMUS T-Mobile US, Inc.	1.81%	1.80%	1.28%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VZ vs. TMUS - Drawdown Comparison

The maximum VZ drawdown since its inception was -50.66%, smaller than the maximum TMUS drawdown of -86.29%. Use the drawdown chart below to compare losses from any high point for VZ and TMUS.

Drawdown Indicators

	VZ	TMUS	Difference
Max Drawdown Largest peak-to-trough decline	-50.66%	-86.29%	+35.63%
Max Drawdown (1Y) Largest decline over 1 year	-13.32%	-30.79%	+17.47%
Max Drawdown (5Y) Largest decline over 5 years	-40.31%	-31.99%	-8.32%
Max Drawdown (10Y) Largest decline over 10 years	-41.21%	-31.99%	-9.22%
Current Drawdown Current decline from peak	-2.30%	-21.70%	+19.40%
Average Drawdown Average peak-to-trough decline	-14.80%	-25.93%	+11.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.83%	16.90%	-11.07%

Volatility

VZ vs. TMUS - Volatility Comparison

The current volatility for Verizon Communications Inc. (VZ) is 4.34%, while T-Mobile US, Inc. (TMUS) has a volatility of 5.94%. This indicates that VZ experiences smaller price fluctuations and is considered to be less risky than TMUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VZ	TMUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	5.94%	-1.60%
Volatility (6M) Calculated over the trailing 6-month period	18.05%	17.26%	+0.79%
Volatility (1Y) Calculated over the trailing 1-year period	22.90%	27.02%	-4.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.30%	23.62%	-2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	25.87%	-5.63%

Financials

VZ vs. TMUS - Profitability Comparison

The chart below illustrates the profitability comparison between Verizon Communications Inc. and T-Mobile US, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Verizon Communications Inc. reported a gross profit of 29.28B and revenue of 36.38B. Therefore, the gross margin over that period was 80.5%.

TMUS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, T-Mobile US, Inc. reported a gross profit of 0.00 and revenue of 24.33B. Therefore, the gross margin over that period was 0.0%.

VZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Verizon Communications Inc. reported an operating income of 5.00B and revenue of 36.38B, resulting in an operating margin of 13.8%.

TMUS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, T-Mobile US, Inc. reported an operating income of 3.40B and revenue of 24.33B, resulting in an operating margin of 14.0%.

VZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Verizon Communications Inc. reported a net income of 3.68B and revenue of 36.38B, resulting in a net margin of 10.1%.

TMUS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, T-Mobile US, Inc. reported a net income of 2.10B and revenue of 24.33B, resulting in a net margin of 8.6%.