The latest data point for VZ in Q1'26 shows an ROE of 4.88%, an ROA of 1.21%, and an ROIC of 2.33%. These figures represent a significant recovery following a sharp decline in the preceding quarter. From Q2'23 to Q1'26, the company's profitability metrics exhibited a volatile but generally range-bound trend, punctuated by periodic sharp contractions. Notable downturns occurred in Q4'23, where all metrics turned negative, and again in Q4'25, with ROA falling to 0.58%. Despite these fluctuations, the metrics consistently rebounded toward historical averages, demonstrating a cyclical pattern in capital efficiency and return on equity.