Verizon Communications Inc

Verizon Communications Inc

VZ · NYSE · Communication Services / Telecom Services

46.36USD-0.19 (-0.41%)

Price History

Full chart

Market Stats

Previous Close46.55
Open46.87
Day Range46.25 – 46.89
52-Week Range36.90 – 50.88
Volume19.86M
Market Cap189.37B
P/E (TTM)11.66
Forward P/E8.64
EPS3.92
Dividend Yield6.19%
Beta0.26
50-Day Avg46.62
200-Day Avg46.98

About

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Company Details

  • SectorCommunication Services
  • IndustryTelecom Services
  • CEOMr. Daniel H. Schulman
  • Employees93.30K
  • Headquarters1095 Avenue of the Americas, New York, NY, United States, 10036, USA
  • Websitehttps://www.verizon.com

Leadership

  • Mr. Daniel H. SchulmanDirector & CEO · b. 1958
  • Mr. Anthony T. Skiadas CPAExecutive VP & CFO · b. 1969
  • Ms. Vandana VenkateshExecutive VP & Chief Legal Officer · b. 1972
  • Mr. Kyle MaladyExecutive VP & CEO of Verizon Business Group · b. 1968
  • Ms. Mary-Lee StillwellSenior VP of Accounting & External Reporting and Controller · b. 1975
  • Mr. Santiago TenorioCTO & Senior VP of Strategy and Technology Enablement
  • Ms. Colleen OstrowskiSenior Vice President of Investor Relations · b. 1974
  • Ms. Leslie BerlandExecutive VP & Chief Marketing Officer
  • Ms. Iris MeijerSenior Vice President of Business Marketing & Revenue Operations
  • Mr. Sanjiv GossainGroup VP & Head of EMEA

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue9.92B10.30B10.88B11.45B12.30B12.28B12.65B12.99B13.79B27.93B29.16B30.19B31.57B58.19B64.71B66.71B67.06B67.47B65.75B69.52B88.18B93.47B97.35B107.81B106.56B110.88B115.85B120.55B127.08B131.62B125.98B126.03B130.86B131.87B128.29B133.61B136.84B133.97B134.79B138.19B
Growth (%)-+3.81%+5.65%+5.23%+7.42%-0.15%+2.99%+2.71%+6.17%+102.49%+4.40%+3.56%+4.54%+84.36%+11.19%+3.10%+0.51%+0.61%-2.54%+5.73%+26.85%+6.00%+4.16%+10.74%-1.15%+4.04%+4.48%+4.06%+5.42%+3.57%-4.29%+0.04%+3.83%+0.77%-2.71%+4.15%+2.41%-2.09%+0.61%+2.52%
Cost of Revenue5.53B5.84B6.28B3.74B3.76B3.94B3.94B4.03B4.00B6.87B7.59B8.44B9.80B33.73B39.48B20.54B19.87B21.70B37.08B37.81B49.51B51.89B53.47B58.84B58.31B62.37B62.70B61.49B66.46B68.57B67.35B68.51B72.61B71.41B67.92B72.51B76.23B72.51B71.99B75.11B
Gross Profit4.39B4.46B4.60B7.71B8.54B8.34B8.71B8.96B9.79B21.05B21.56B21.75B21.76B24.46B25.23B46.17B47.19B45.77B34.20B31.70B38.63B41.58B43.89B48.97B48.25B48.50B53.15B59.06B60.62B63.05B58.63B57.52B58.26B60.46B60.37B61.11B60.60B61.46B62.80B63.08B
Gross Margin44.26%43.34%42.27%67.34%69.42%67.94%68.83%69.00%70.98%75.38%73.95%72.03%68.94%42.04%38.98%69.21%70.37%67.84%52.02%45.60%43.81%44.48%45.08%45.42%45.28%43.75%45.88%48.99%47.70%47.90%46.54%45.64%44.52%45.85%47.06%45.73%44.29%45.88%46.59%45.64%
Operating Expense1.93B2.12B2.35B5.70B5.93B5.82B6.20B6.17B6.99B15.63B15.48B16.41B15.14B9.89B12.26B34.70B32.31B38.36B21.18B19.34B24.42B24.86B25.78B29.49B29.28B29.67B32.15B27.37B41.72B30.24B32.72B31.00B28.25B29.43B30.50B29.14B30.14B32.63B32.20B33.82B
Operating Income2.46B2.35B2.24B2.01B2.61B2.53B2.51B2.80B2.80B5.42B6.08B5.34B6.63B14.57B12.96B11.47B14.88B7.41B13.03B12.36B14.21B16.71B18.11B19.48B18.97B18.83B21.01B31.69B18.89B32.81B25.91B26.52B30.01B31.03B29.87B31.96B30.47B28.83B30.60B29.26B
Operating Margin24.84%22.78%20.63%17.58%21.22%20.57%19.82%21.54%20.34%19.40%20.85%17.69%20.99%25.04%20.04%17.20%22.19%10.98%19.81%17.78%16.12%17.88%18.60%18.07%17.80%16.99%18.13%26.29%14.87%24.92%20.57%21.04%22.93%23.53%23.28%23.92%22.27%21.52%22.71%21.17%
EBITDA4.39B4.46B4.60B4.43B4.99B4.82B4.92B5.34B5.46B10.65B11.36B11.10B16.27B24.46B25.23B20.16B23.95B22.66B28.82B27.19B29.09B30.75B32.30B30.89B31.51B29.81B28.93B48.55B36.72B49.18B41.29B42.28B41.86B44.15B44.96B49.12B48.95B40.14B47.52B47.72B
EBITDA Margin44.26%43.34%42.27%38.72%40.55%39.29%38.93%41.13%39.57%38.14%38.95%36.75%51.55%42.04%38.98%30.21%35.71%33.59%43.82%39.12%32.98%32.90%33.18%28.65%29.57%26.88%24.97%40.27%28.89%37.36%32.78%33.55%31.99%33.48%35.05%36.77%35.77%29.96%35.26%34.53%
Net Income1.17B1.24B1.32B1.07B1.31B1.33B1.34B1.40B-754.80M1.86B1.74B2.45B2.96B4.20B11.80B389.00M4.08B3.08B7.83B7.40B6.20B5.52B6.43B3.65B2.55B2.40B875.00M11.50B9.63B17.88B13.13B30.10B15.53B19.27B17.80B22.07B21.26B11.61B17.51B17.17B
Net Income Margin11.76%12.04%12.10%9.39%10.67%10.84%10.60%10.80%-5.47%6.65%5.97%8.13%9.39%7.22%18.23%0.58%6.08%4.56%11.91%10.64%7.03%5.91%6.60%3.39%2.39%2.17%0.76%9.54%7.57%13.58%10.42%23.88%11.87%14.61%13.88%16.51%15.53%8.67%12.99%12.43%
R&D-----------------------0000000000-------
R&D as % of Total Revenue-----------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0000000000000003.28B3.13B2.80B2.38B2.13B2.35B1.83B1.82B3.10B2.52B2.83B2.57B2.67B4.92B4.92B4.38B4.73B4.83B4.73B4.27B3.50B3.58B5.53B6.65B6.69B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.91%4.67%4.15%3.63%3.06%2.66%1.96%1.87%2.88%2.37%2.55%2.22%2.21%3.87%3.74%3.47%3.76%3.69%3.59%3.33%2.62%2.62%4.12%4.94%4.84%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets21.09B21.25B24.73B26.22B28.00B27.88B28.10B29.54B24.27B24.16B53.36B53.96B55.14B112.83B164.74B170.79B167.47B165.97B165.96B168.13B188.80B186.96B202.35B226.91B220.00B230.46B225.22B274.10B232.62B244.18B244.18B257.14B264.83B291.73B316.48B366.60B379.68B380.25B384.71B404.26B
Total Liabilities12.77B12.50B15.55B17.63B19.07B20.05B20.28B21.32B18.11B17.47B38.23B40.06B41.59B84.55B108.33B116.11B110.80B108.15B103.34B102.02B111.93B104.09B123.45B142.76B133.09B144.55B139.69B178.68B218.94B226.33B220.15B212.46B210.12B228.89B247.21B283.40B287.22B286.46B284.14B298.52B
Total Equity8.32B8.74B9.18B8.59B8.93B7.83B7.82B8.22B6.17B6.68B13.12B12.99B13.23B26.38B34.58B32.54B32.62B33.47B37.56B39.68B48.53B50.58B41.71B41.38B38.57B35.97B33.16B38.84B12.30B16.43B22.52B43.10B53.15B61.40B67.84B81.79B91.14B92.43B99.24B104.46B
Cash213.30M228.70M301.60M164.20M94.70M130.60M296.00M146.10M142.90M356.80M249.40M322.80M237.00M2.03B757.00M979.00M1.42B669.00M2.29B760.00M3.22B1.15B9.78B2.01B6.67B13.36B3.09B53.53B10.60B4.47B2.88B2.08B2.75B2.59B22.17B2.92B2.60B2.06B4.19B19.05B
Total Debt6.04B5.86B8.15B9.45B10.77B9.97B10.05B9.88B8.89B8.34B18.17B19.61B20.63B47.48B69.87B64.33B53.27B45.38B39.27B38.26B36.36B31.16B51.95B62.26B52.79B55.15B51.99B93.59B113.27B109.73B108.08B117.09B113.06B133.14B150.55B177.93B176.33B174.94B168.36B200.59B
Net Debt5.83B5.63B7.84B9.29B10.67B9.84B9.76B9.74B8.75B7.98B17.92B19.29B20.40B45.45B69.11B63.35B51.85B44.71B36.98B37.50B33.14B30.00B42.17B60.25B46.13B41.79B48.89B40.06B102.67B105.26B105.20B115.02B110.32B130.55B128.38B175.01B173.73B172.88B164.16B181.55B

Cash Flow

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.89B3.54B3.76B3.93B4.23B3.75B7.89B8.78B8.86B15.72B17.02B15.83B19.53B22.08B22.47B21.79B22.02B24.11B26.84B27.45B31.39B33.36B29.78B31.49B38.82B30.63B39.03B21.69B24.32B34.34B35.75B41.77B39.54B37.14B37.48B36.91B37.14B
Investing Cash Flow-3.35B-3.74B-2.23B-2.00B-2.94B-1.67B-2.09B-3.14B-7.34B-7.68B-9.63B-16.05B-21.63B-6.83B-12.25B-10.34B-18.49B-15.62B-16.11B-31.58B-23.33B-15.05B-17.25B-20.50B-14.83B-15.86B-30.04B-10.98B-18.46B-17.93B-17.58B-23.51B-67.15B-28.66B-23.43B-18.67B-16.66B
Financing Cash Flow-421.30M134.10M-1.49B-1.77B-1.45B-2.09B-1.68B-1.48B-1.45B-2.47B-167.00M-1.05B2.08B-14.81B-10.96B-9.86B-5.03B-6.03B-11.70B13.59B-16.01B-13.65B-5.84B-21.25B26.45B-57.70B-15.11B-13.32B-6.15B-15.38B-18.16B1.32B8.28B-8.53B-14.66B-17.10B-5.61B
Capital Expenditure2.58B2.52B2.46B2.49B2.52B2.65B2.63B2.55B6.64B7.51B9.18B17.63B17.37B11.98B11.88B13.26B15.32B17.10B17.54B17.24B17.05B16.46B16.24B20.11B17.18B17.55B17.77B17.59B17.83B18.09B18.84B20.32B20.29B26.74B18.77B17.99B17.46B
Free Cash Flow1.31B1.01B1.30B1.44B1.72B1.10B5.27B6.23B2.22B8.22B7.84B-1.81B2.15B10.10B10.58B8.53B6.70B7.00B9.30B10.21B14.34B16.91B13.54B11.38B21.63B13.09B21.25B4.10B6.49B16.25B16.91B21.45B19.25B10.40B18.71B18.92B19.68B
Dividends Paid856.40M911.80M976.20M1.07B1.16B1.20B2.12B2.20B2.34B4.19B4.23B4.42B4.17B4.20B4.24B4.26B4.43B4.72B4.77B4.99B5.27B5.41B5.55B5.23B5.94B7.80B8.54B9.26B9.47B9.77B10.02B10.23B10.45B10.80B11.03B11.25B11.48B
FCF to OCF33.60%28.66%34.52%36.68%40.54%29.43%66.72%70.92%25.07%52.25%46.05%-11.41%11.04%45.73%47.10%39.15%30.42%29.06%34.65%37.21%45.69%50.67%45.45%36.13%55.73%42.72%54.45%18.89%26.68%47.33%47.30%51.36%48.69%28.00%49.92%51.26%52.98%
Dividend Paid to FCF65.49%89.99%75.29%74.20%67.37%108.22%40.20%35.39%105.38%50.95%53.94%-244.80%193.41%41.59%40.05%49.95%66.06%67.37%51.32%48.89%36.75%32.01%41.04%45.97%27.44%59.63%40.18%226.12%145.99%60.13%59.23%47.70%54.25%103.88%58.93%59.45%58.35%

Earnings

Report DateApr 18, 1996Jul 18, 1996Oct 17, 1996Jan 21, 1997Apr 17, 1997Jul 22, 1997Oct 22, 1997Jan 21, 1998Apr 23, 1998Jul 23, 1998Oct 21, 1998Jan 27, 1999Apr 22, 1999Jul 21, 1999Oct 20, 1999Jan 24, 2000Apr 25, 2000Aug 8, 2000Oct 30, 2000Feb 1, 2001Apr 24, 2001Jul 31, 2001Oct 30, 2001Jan 31, 2002Apr 23, 2002Jul 31, 2002Oct 25, 2002Jan 29, 2003Apr 22, 2003Jul 29, 2003Oct 28, 2003Jan 29, 2004Apr 27, 2004Jul 27, 2004Oct 28, 2004Jan 27, 2005Apr 27, 2005Jul 26, 2005Oct 27, 2005Jan 26, 2006May 2, 2006Aug 1, 2006Oct 30, 2006Jan 29, 2007Apr 30, 2007Jul 30, 2007Oct 29, 2007Jan 28, 2008Apr 28, 2008Jul 28, 2008Oct 27, 2008Jan 27, 2009Apr 27, 2009Jul 27, 2009Oct 26, 2009Jan 26, 2010Apr 22, 2010Jul 23, 2010Oct 22, 2010Jan 25, 2011Apr 21, 2011Jul 22, 2011Oct 21, 2011Jan 24, 2012Apr 19, 2012Jul 19, 2012Oct 18, 2012Jan 22, 2013Apr 18, 2013Jul 18, 2013Oct 17, 2013Jan 21, 2014Apr 24, 2014Jul 22, 2014Oct 21, 2014Jan 22, 2015Apr 21, 2015Jul 21, 2015Oct 20, 2015Jan 21, 2016Apr 21, 2016Jul 26, 2016Oct 20, 2016Jan 24, 2017Apr 20, 2017Jul 27, 2017Oct 19, 2017Jan 23, 2018Apr 24, 2018Jul 24, 2018Oct 23, 2018Jan 29, 2019Apr 23, 2019Aug 1, 2019Oct 25, 2019Jan 30, 2020Apr 24, 2020Jul 24, 2020Oct 21, 2020Jan 26, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Jan 25, 2022Apr 22, 2022Jul 22, 2022Oct 21, 2022Jan 24, 2023Apr 25, 2023Jul 25, 2023Oct 24, 2023Jan 23, 2024Apr 22, 2024Jul 22, 2024Oct 22, 2024Jan 24, 2025Apr 22, 2025Jul 21, 2025Oct 29, 2025Jan 30, 2026Apr 27, 2026Jul 24, 2026Oct 26, 2026Nov 4, 2026
EPS Estimate0.530.550.550.490.580.580.620.630.660.680.680.690.730.750.760.770.800.810.730.770.710.770.770.770.720.770.770.790.630.680.620.560.570.600.640.630.600.640.640.640.590.620.660.620.540.580.620.620.610.640.650.620.590.630.590.540.560.560.540.550.500.550.560.530.570.640.640.500.660.730.740.620.860.900.910.710.951.011.020.881.060.930.990.890.960.960.970.881.111.151.191.091.161.201.241.151.221.151.211.171.291.301.361.281.321.331.291.191.191.171.181.081.121.151.181.101.151.191.191.061.211.271.271.28
EPS Actual0.540.560.550.490.590.590.630.620.660.680.690.690.720.740.760.770.800.810.730.770.720.770.750.770.720.770.770.790.630.690.670.580.580.640.650.640.630.630.660.640.600.640.680.620.540.580.630.620.610.670.660.610.630.630.600.540.560.580.560.540.510.570.560.520.590.640.640.380.680.730.770.660.840.910.890.711.021.041.040.891.060.941.010.860.950.960.980.861.171.201.221.121.201.231.251.131.261.181.251.211.311.371.411.311.351.311.321.191.201.211.221.081.151.151.191.101.191.221.211.091.281.301.31-
Surprise1.89%1.82%0.00%0.00%1.72%1.72%1.61%-1.59%0.00%0.00%1.47%0.00%-1.37%-1.33%0.00%0.00%0.00%0.00%0.00%0.00%1.41%0.00%-2.60%0.00%0.00%0.00%0.00%0.00%0.00%1.47%8.06%3.57%1.75%6.67%1.56%1.59%5.00%-1.56%3.13%0.00%1.69%3.23%3.03%0.00%0.00%0.00%1.61%0.00%0.00%4.69%1.54%-1.61%6.78%0.00%1.69%0.00%0.00%3.57%3.70%-1.82%2.00%3.64%0.00%-1.89%3.51%0.00%0.00%-24.00%3.03%0.00%4.05%6.45%-2.33%1.11%-2.20%0.00%7.37%2.97%1.96%1.14%0.00%1.08%2.02%-3.37%-1.04%0.00%1.03%-2.27%5.41%4.35%2.52%2.75%3.45%2.50%0.81%-1.74%3.28%2.61%3.31%3.42%1.55%5.38%3.68%2.34%2.27%-1.50%2.33%0.00%0.84%3.42%3.39%0.00%2.68%0.00%0.85%0.00%3.48%2.52%1.68%2.83%5.79%2.36%3.15%-
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Key Statistics & Ratios

Market Cap189.37B
Enterprise Value373.84B
Trailing P/E11.66
Forward P/E8.64
PEG Ratio0.96
Price / Sales1.36
Price / Book1.79
EPS3.92
Book Value25.57
Revenue (TTM)139.39B
Gross Profit (TTM)83.33B
EBITDA52.08B
Profit Margin11.78%
Operating Margin25.11%
Return on Equity15.79%
Return on Assets5.06%
Shares Outstanding4.14B
Shares Float4.14B
Beta0.26
Dividend Yield6.19%
Dividend Rate2.83
Payout Ratio56.51%

Analyst Ratings

Buy
Based on 24 analystsTarget 50.65
  • Strong Buy
    9
  • Buy
    3
  • Hold
    12

Ownership Breakdown

Institutions
71.19%
Insiders
0.05%
Retail / Other
28.76%

Top Institutional Holders

  • BlackRock Inc
    398.22M9.61%
  • Vanguard Capital Management, LLC
    259.00M6.25%
  • State Street Corp
    209.68M5.06%
  • Charles Schwab Investment Management Inc
    127.77M3.08%
  • Geode Capital Management, LLC
    106.82M2.58%
  • Vanguard Portfolio Management, LLC
    77.43M1.87%
  • Morgan Stanley - Brokerage Accounts
    70.30M1.70%
  • Bank of America Corp
    60.86M1.47%
  • NORGES BANK
    54.31M1.31%
  • Northern Trust Corp
    43.83M1.06%
  • JPMorgan Chase & Co
    41.18M0.99%
  • UBS Asset Mgmt Americas Inc
    41.17M0.99%
  • The Goldman Sachs Group Inc
    38.10M0.92%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    131.87M3.18%
  • Vanguard 500 Index Investor
    109.11M2.63%
  • Schwab US Dividend Equity ETF™
    93.57M2.26%
  • iShares Core S&P 500 ETF
    55.40M1.34%
  • Fidelity 500 Index
    54.00M1.30%
  • State Street® SPDR® S&P 500® ETF
    50.71M1.22%
  • Vanguard MStar Value Index Investor
    39.57M0.95%

Dividends

20264×
0.71Oct 9, 20260.71Jul 10, 20260.71Apr 10, 20260.69Jan 12, 2026
20254×
0.69Oct 10, 20250.68Jul 10, 20250.68Apr 10, 20250.68Jan 10, 2025
20244×
0.68Oct 10, 20240.67Jul 10, 20240.67Apr 9, 20240.67Jan 9, 2024
20234×
0.67Oct 6, 20230.65Jul 7, 20230.65Apr 6, 20230.65Jan 9, 2023
20224×
0.65Oct 6, 20220.64Jul 7, 20220.64Apr 7, 20220.64Jan 7, 2022
20214×
0.64Oct 7, 20210.63Jul 8, 20210.63Apr 8, 20210.63Jan 7, 2021

Stock Splits

  • Jul 2, 20101000000:937889
  • Apr 1, 2008100000:99537
  • Nov 20, 2006100000:96334
  • Jun 30, 19982:1
  • May 2, 19902:1
  • Apr 18, 19862:1