Communication · Wireless Telecommunications
Verizon Communications Inc.
$46.80 +0.20 (+0.43%) Pre-market $46.94 (+0.73%) ≈ ₹4,392 a share
Key numbers
- Market value
- $193.97B
- P/E (TTM)
- 11.9
- Forward P/E
- 9.2
- EPS (TTM)
- $3.92
- Dividend yield
- 6.05%
- Beta
- 0.26
- Day range
- $46.55 – $47.15
- 52-week range
- $38.68 – $51.68
- Volume
- 3,213,500
- 10-day avg volume
- $23.45M
- Revenue (TTM)
- $139.39B
- EBITDA (TTM)
- $52.78B
- Gross margin
- 59.7%
- Net margin
- 12.1%
- Return on equity
- 15.6%
- Debt / equity
- 156.8%
- Price / sales
- 1.39
- Shares out
- 4.14B
Quarterly results
Results for each quarter
Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.
Revenue and net income
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net income · QoQ (vs last quarter)
Net income · YoY (vs a year ago)
| US$ | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.13B | $32.98B | $32.80B | $33.33B | $35.68B | $33.49B | $34.50B | $33.82B | $36.38B | $34.44B | $34.25B | $34.31B |
| Selling, general & admin | $8.99B | $8.14B | $8.02B | $9.71B | $8.24B | $7.87B | $7.81B | $7.75B | $10.38B | $7.63B | $8.98B | $7.48B |
| Operating income | $600.00M | $7.52B | $7.82B | $5.93B | $7.42B | $7.98B | $8.17B | $8.11B | $5.00B | $8.24B | $7.18B | $8.65B |
| Operating margin | 1.7% | 22.8% | 23.8% | 17.8% | 20.8% | 23.8% | 23.7% | 24.0% | 13.8% | 23.9% | 21.0% | 25.2% |
| Interest expense | $1.60B | $1.64B | $1.70B | $1.67B | $1.64B | $1.63B | $1.64B | $1.66B | $1.76B | $1.94B | $1.99B | $1.95B |
| Pre-tax income | $-1.82B | $6.08B | $6.03B | $4.30B | $6.57B | $6.47B | $6.61B | $6.53B | $3.06B | $6.78B | $5.27B | $6.82B |
| Income tax | $756.00M | $1.35B | $1.33B | $891.00M | $1.45B | $1.49B | $1.49B | $1.47B | $615.00M | $1.64B | $1.33B | $1.50B |
| Net income | $-2.71B | $4.60B | $4.59B | $3.31B | $5.01B | $4.88B | $5.00B | $4.95B | $2.34B | $5.05B | $3.84B | $5.20B |
| Net margin | -7.7% | 14.0% | 14.0% | 9.9% | 14.0% | 14.6% | 14.5% | 14.6% | 6.4% | 14.6% | 11.2% | 15.1% |
| EPS (diluted) | — | $1.09 | $1.09 | $0.78 | — | $1.15 | $1.18 | $1.17 | — | $1.20 | $0.92 | $1.25 |
Income statement
Results for each year
8 fiscal years from the company's 10-K filings with the US SEC.
Revenue, gross profit and net income
Revenue · YoY (vs a year ago)
Net income · YoY (vs a year ago)
EPS (diluted) · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $130.86B | $131.87B | $128.29B | $133.61B | $136.84B | $133.97B | $134.79B | $138.19B |
| Revenue growth | — | 0.8% | -2.7% | 4.1% | 2.4% | -2.1% | 0.6% | 2.5% |
| Selling, general & admin | $31.08B | $29.90B | $31.57B | $28.66B | $30.14B | $32.75B | $34.11B | $33.82B |
| Operating income | $22.28B | $30.38B | $28.80B | $32.45B | $30.47B | $22.88B | $28.69B | $29.26B |
| Operating margin | 17.0% | 23.0% | 22.4% | 24.3% | 22.3% | 17.1% | 21.3% | 21.2% |
| Depreciation & amortisation | $17.40B | $16.68B | $16.72B | $16.21B | $17.10B | $17.62B | $17.89B | $18.35B |
| Interest expense | $4.83B | $4.73B | $4.25B | $3.49B | $3.61B | $5.52B | $6.65B | $6.69B |
| Pre-tax income | $19.62B | $22.73B | $23.97B | $29.42B | $28.27B | $16.99B | $22.98B | $22.67B |
| Income tax | $3.58B | $2.95B | $5.62B | $6.80B | $6.52B | $4.89B | $5.03B | $5.06B |
| Tax rate | 18.3% | 13.0% | 23.4% | 23.1% | 23.1% | 28.8% | 21.9% | 22.3% |
| Net income | $15.53B | $19.27B | $17.80B | $22.07B | $21.26B | $11.61B | $17.51B | $17.17B |
| Net margin | 11.9% | 14.6% | 13.9% | 16.5% | 15.5% | 8.7% | 13.0% | 12.4% |
| EPS (diluted) | $3.76 | $4.65 | $4.30 | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 |
Balance sheet
Assets and debt
At each fiscal year end.
Equity, debt and cash
Shareholders' equity · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.75B | $2.59B | $22.17B | $2.92B | $2.61B | $2.07B | $4.19B | $19.05B |
| Current assets | $34.64B | $37.47B | $54.59B | $36.73B | $37.86B | $36.81B | $40.52B | $56.92B |
| Total assets | $264.83B | $291.73B | $316.48B | $366.60B | $379.68B | $380.26B | $384.71B | $404.26B |
| Current liabilities | $37.93B | $44.87B | $39.66B | $47.16B | $50.17B | $53.22B | $64.77B | $62.37B |
| Short-term debt | $7.19B | $10.78B | $5.89B | $7.44B | $9.96B | $12.97B | $22.63B | $18.62B |
| Total debt | $7.19B | $10.78B | $5.89B | $7.44B | $9.96B | $12.97B | $22.63B | $18.62B |
| Shareholders' equity | $54.71B | $62.84B | $69.27B | $83.20B | $92.46B | $93.80B | $100.58B | $105.74B |
| Current ratio | 0.91 | 0.84 | 1.38 | 0.78 | 0.75 | 0.69 | 0.63 | 0.91 |
| Debt / equity | 0.13 | 0.17 | 0.09 | 0.09 | 0.11 | 0.14 | 0.23 | 0.18 |
| Return on equity | 28.4% | 30.7% | 25.7% | 26.5% | 23.0% | 12.4% | 17.4% | 16.2% |
Cash flow
Cash coming in and going out
Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.
Free cash flow and shareholder returns
Operating cash flow · YoY (vs a year ago)
Free cash flow · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $34.34B | $35.75B | $41.77B | $39.54B | $37.14B | $37.48B | $36.91B | $37.14B |
| Capital spending | $-16.66B | — | — | — | — | — | — | — |
| Free cash flow | $17.68B | $35.75B | $41.77B | $39.54B | $37.14B | $37.48B | $36.91B | $37.14B |
| FCF margin | 13.5% | 27.1% | 32.6% | 29.6% | 27.1% | 28.0% | 27.4% | 26.9% |
| Cash from investing | $-17.93B | $-17.58B | $-23.51B | $-67.15B | $-28.66B | $-23.43B | $-18.67B | $-16.66B |
| Cash from financing | $-15.38B | $-18.16B | $1.33B | $8.28B | $-8.53B | $-14.66B | $-17.10B | $-5.61B |
| Dividends paid | $-9.77B | $-10.02B | $-10.23B | $-10.45B | $-10.81B | $-11.03B | $-11.25B | $-11.48B |
About
About Verizon Communications Inc.
Verizon Communications Inc. is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146.8 million subscribers as of March 31, 2026. The company was founded as Bell Atlantic Corporation and renamed to Verizon on June 30, 2000 as a result of a merger with GTE.
From Wikipedia (CC BY-SA 4.0).
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Company details
- Company name
- Verizon Communications Inc.
- Ticker
- VZ
- Exchange
- NYSE
- ISIN
- US92343V1044
- SEC CIK
- 0000732712
- Sector
- Communication
- Industry
- Wireless Telecommunications
- SEC industry (SIC)
- Telephone Communications (no Radiotelephone) (4813)
- Incorporated in
- Delaware
- Financial year ends
- 31 December
- Filer type
- Large accelerated filer
- Latest annual report (10-K)
- 17 Feb 2026
- CEO
- Daniel H. Schulman
- Chair
- Mark T. Bertolini
- Headquarters
- New York City
- Address
- 1095 Avenue Of The Americas, New York, Ny 10036
- Founded
- 1983
- Employees
- 89,900
- Formerly known as
- Bell Atlantic Corp
- Trades in
- US dollars (USD)
- Website
- verizon.com
News
Latest news
From Google News; each link opens the publisher's story.
Peers
Others in Communication
Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.