Verizon Financial Statements From 2010 to 2024

VZ Stock  USD 40.13  0.35  0.88%   
Verizon Communications financial statements provide useful quarterly and yearly information to potential Verizon Communications investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Verizon Communications financial statements helps investors assess Verizon Communications' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Verizon Communications' valuation are summarized below:
Gross Profit
77.7 B
Profit Margin
0.0867
Market Capitalization
167.4 B
Enterprise Value Revenue
2.5385
Revenue
134 B
We have found one hundred twenty available fundamental trend indicators for Verizon Communications, which can be analyzed and compared to other ratios and to its competition. All investors should make sure to double-check all of Verizon Communications current market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 116.7 B in 2024. Enterprise Value is likely to rise to about 126.3 B in 2024

Verizon Communications Total Revenue

78.9 Billion

Check Verizon Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Verizon main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.7 B, Interest Expense of 7.7 B or Total Revenue of 78.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0367 or PTB Ratio of 3.04. Verizon financial statements analysis is a perfect complement when working with Verizon Communications Valuation or Volatility modules.
  
This module can also supplement Verizon Communications' financial leverage analysis and stock options assessment as well as various Verizon Communications Technical models . Check out the analysis of Verizon Communications Correlation against competitors.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.

Verizon Communications Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets399.3 B380.3 B275.1 B
Slightly volatile
Short and Long Term Debt Total183.7 B174.9 B117.6 B
Slightly volatile
Other Current Liabilities10.8 B19 B16.9 B
Slightly volatile
Total Current Liabilities55.9 B53.2 B36.2 B
Slightly volatile
Total Stockholder Equity97.1 B92.4 B50.3 B
Slightly volatile
Property Plant And Equipment Net71.4 B133 B94.4 B
Slightly volatile
Net Debt181.5 B172.9 B109.1 B
Slightly volatile
CashB2.1 B8.5 B
Pretty Stable
Non Current Assets Total360.6 B343.4 B241.1 B
Slightly volatile
Cash And Short Term InvestmentsB2.1 B8.7 B
Pretty Stable
Net Receivables26.3 B25.1 B18.7 B
Slightly volatile
Common Stock Shares Outstanding2.7 B4.2 B3.6 B
Slightly volatile
Liabilities And Stockholders Equity399.3 B380.3 B275.1 B
Slightly volatile
Non Current Liabilities Total244.9 B233.2 B177 B
Slightly volatile
Inventory1.2 B2.1 B1.4 B
Slightly volatile
Other Current Assets3.1 B1.7 B4.3 B
Slightly volatile
Other Stockholder Equity8.6 B9.1 B12.5 B
Slightly volatile
Total Liabilities300.8 B286.5 B213.2 B
Slightly volatile
Total Current Assets21.8 B36.8 B32.9 B
Pretty Stable
Short Term Debt18.1 B17.2 BB
Slightly volatile
Accounts Payable6.7 B10 B7.9 B
Very volatile
Common Stock Total Equity359.1 M493.4 M401.4 M
Slightly volatile
Property Plant And Equipment Gross362.1 B344.8 B150.4 B
Slightly volatile
Common Stock366.8 M386.1 M394.8 M
Slightly volatile
Other Liabilities49 B81.5 B58.1 B
Slightly volatile
Other Assets20.9 B19.9 B11.1 B
Slightly volatile
Long Term Debt83.2 B137.7 B99.8 B
Slightly volatile
Intangible Assets93 B166.7 B103.4 B
Slightly volatile
Property Plant Equipment96.9 B153.6 B98 B
Slightly volatile
Good Will19.9 B22.8 B23.6 B
Slightly volatile
Long Term Debt Total112.7 B161.8 B103.5 B
Slightly volatile
Capital Surpluse15.1 B12.1 B19.4 B
Slightly volatile
Long Term Investments1.2 B953 M1.6 B
Slightly volatile
Non Current Liabilities Other27.1 B16.6 B33.9 B
Slightly volatile
Short and Long Term Debt7.6 B13 B5.7 B
Slightly volatile
Cash And EquivalentsBB4.3 B
Pretty Stable
Net Invested Capital222 B243.1 B183.7 B
Slightly volatile
Capital Stock343.2 M386.1 M420.4 M
Slightly volatile
Capital Lease Obligations26.7 B24.3 B23.5 B
Slightly volatile

Verizon Communications Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization11.7 B17.6 B15.1 B
Slightly volatile
Total Revenue78.9 B134 B116.1 B
Slightly volatile
Gross Profit45.5 B61.5 B66.3 B
Pretty Stable
Other Operating Expenses63.6 B105.1 B92 B
Slightly volatile
Operating Income15.2 B28.8 B23.7 B
Slightly volatile
EBIT15 B28.8 B23.9 B
Slightly volatile
EBITDA26.7 B46.5 B39 B
Slightly volatile
Cost Of Revenue76.1 B72.5 B52.7 B
Slightly volatile
Total Operating Expenses30.2 B32.6 B42.2 B
Very volatile
Income Before Tax12.3 B17 B19.3 B
Slightly volatile
Net Income7.8 B11.6 B13.5 B
Slightly volatile
Selling General Administrative26.6 B31.8 B29 B
Very volatile
Net Income Applicable To Common Shares25.7 B24.4 B16.2 B
Slightly volatile
Net Income From Continuing Ops21 B21.4 B18.7 B
Slightly volatile
Interest Income330.6 M348 M2.8 B
Slightly volatile
Selling And Marketing Expenses3.3 B4.1 B2.5 B
Slightly volatile
Reconciled Depreciation18.6 B17.3 B17 B
Slightly volatile
Non Recurring159 M167.4 M2.8 B
Slightly volatile

Verizon Communications Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow19.6 B18.7 B13.8 B
Slightly volatile
Begin Period Cash Flow5.2 B4.1 B9.5 B
Pretty Stable
Depreciation12.9 B17.6 B15.5 B
Slightly volatile
Capital Expenditures14.9 B18.8 B18.3 B
Slightly volatile
Total Cash From Operating Activities24.2 B37.5 B31.5 B
Slightly volatile
Net Income10.2 B12.1 B16 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.721.1851.4667
Slightly volatile
Dividend Yield0.03670.06940.0461
Slightly volatile
PTB Ratio3.041.71764.9559
Pretty Stable
Days Sales Outstanding67.6568.341857.127
Slightly volatile
Book Value Per Share23.0521.949713.433
Slightly volatile
Free Cash Flow Yield0.05940.11780.078
Pretty Stable
Invested Capital1.51.89272.9107
Pretty Stable
Operating Cash Flow Per Share6.098.89938.6284
Pretty Stable
Stock Based Compensation To Revenue0.07320.06980.0254
Pretty Stable
PB Ratio3.041.71764.9559
Pretty Stable
EV To Sales1.822.47532.2584
Slightly volatile
Free Cash Flow Per Share2.284.44273.6091
Very volatile
ROIC0.0960.07680.1318
Slightly volatile
Inventory Turnover20.7135.250936.6941
Slightly volatile
Net Income Per Share1.882.7583.4438
Slightly volatile
Days Of Inventory On Hand18.6210.354411.0185
Slightly volatile
Payables Turnover4.547.23596.9306
Pretty Stable
Sales General And Administrative To Revenue0.30.220.2531
Slightly volatile
Cash Per Share0.470.49042.6338
Slightly volatile
POCF Ratio6.194.23635.7177
Pretty Stable
Interest Coverage4.943.92635.8869
Very volatile
Payout Ratio0.940.94931.1003
Slightly volatile
PFCF Ratio8.068.485915.2267
Very volatile
Days Payables Outstanding47.9250.442967.9362
Slightly volatile
Income Quality3.983.09842.3406
Very volatile
ROE0.180.12570.3571
Very volatile
EV To Operating Cash Flow6.578.84948.7613
Slightly volatile
PE Ratio21.4613.669323.8463
Slightly volatile
Return On Tangible Assets0.05120.06090.0924
Pretty Stable
EV To Free Cash Flow25.4817.726724.7258
Pretty Stable
Earnings Yield0.05130.07320.0759
Pretty Stable
Intangibles To Total Assets0.320.49850.4454
Pretty Stable
Net Debt To EBITDA3.913.72142.5757
Slightly volatile
Current Ratio0.670.69170.9902
Slightly volatile
Receivables Turnover5.075.34086.8228
Slightly volatile
Graham Number19.136.906529.215
Slightly volatile
Shareholders Equity Per Share23.0521.949713.433
Slightly volatile
Debt To Equity1.51.89272.9107
Pretty Stable
Revenue Per Share20.2231.815231.3664
Pretty Stable
Interest Debt Per Share45.4543.287831.3637
Slightly volatile
Debt To Assets0.280.46010.3983
Slightly volatile
Enterprise Value Over EBITDA5.087.13886.68
Slightly volatile
Short Term Coverage Ratios3.222.17385.4591
Slightly volatile
Price Earnings Ratio21.4613.669323.8463
Slightly volatile
Operating Cycle86.2778.696268.1455
Slightly volatile
Price Book Value Ratio3.041.71764.9559
Pretty Stable
Days Of Payables Outstanding47.9250.442967.9362
Slightly volatile
Dividend Payout Ratio0.940.94931.1003
Slightly volatile
Price To Operating Cash Flows Ratio6.194.23635.7177
Pretty Stable
Price To Free Cash Flows Ratio8.068.485915.2267
Very volatile
Pretax Profit Margin0.180.12680.1693
Pretty Stable
Ebt Per Ebit0.890.58920.8166
Very volatile
Operating Profit Margin0.220.21520.2074
Slightly volatile
Company Equity Multiplier4.114.1146.9766
Slightly volatile
Long Term Debt To Capitalization0.450.63050.6638
Very volatile
Total Debt To Capitalization0.480.65430.6798
Very volatile
Return On Capital Employed0.120.08820.1084
Very volatile
Debt Equity Ratio1.51.89272.9107
Pretty Stable
Ebit Per Revenue0.220.21520.2074
Slightly volatile
Quick Ratio0.520.51010.8077
Slightly volatile
Net Income Per E B T0.460.68370.6442
Slightly volatile
Cash Ratio0.03690.03880.277
Slightly volatile
Operating Cash Flow Sales Ratio0.320.27970.2764
Very volatile
Days Of Inventory Outstanding18.6210.354411.0185
Slightly volatile
Days Of Sales Outstanding67.6568.341857.127
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.280.49920.3968
Very volatile
Cash Flow Coverage Ratios0.20.21420.3146
Slightly volatile
Price To Book Ratio3.041.71764.9559
Pretty Stable
Fixed Asset Turnover0.781.00711.1954
Pretty Stable
Price Cash Flow Ratio6.194.23635.7177
Pretty Stable
Enterprise Value Multiple5.087.13886.68
Slightly volatile
Debt Ratio0.280.46010.3983
Slightly volatile
Cash Flow To Debt Ratio0.20.21420.3146
Slightly volatile
Price Sales Ratio1.721.1851.4667
Slightly volatile
Return On Assets0.03560.03050.0507
Pretty Stable
Asset Turnover0.520.35230.4622
Slightly volatile
Net Profit Margin0.07730.08670.1125
Slightly volatile
Gross Profit Margin0.650.45880.5677
Very volatile
Price Fair Value3.041.71764.9559
Pretty Stable
Return On Equity0.180.12570.3571
Very volatile

Verizon Communications Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap116.7 B111.1 B114.6 B
Slightly volatile
Enterprise Value126.3 B120.3 B124.4 B
Slightly volatile

Verizon Fundamental Market Drivers

Forward Price Earnings8.6356
Cash And Short Term Investments2.1 B

Verizon Upcoming Events

23rd of April 2024
Upcoming Quarterly Report
View
23rd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Verizon Communications Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Verizon Communications income statement, its balance sheet, and the statement of cash flows. Verizon Communications investors use historical funamental indicators, such as Verizon Communications's revenue or net income, to determine how well the company is positioned to perform in the future. Although Verizon Communications investors may use each financial statement separately, they are all related. The changes in Verizon Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Verizon Communications's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Verizon Communications Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Verizon Communications. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred RevenueB3.5 B
Total Revenue134 B78.9 B
Cost Of Revenue72.5 B76.1 B
Stock Based Compensation To Revenue 0.07  0.07 
Sales General And Administrative To Revenue 0.22  0.30 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.14)(0.15)
Revenue Per Share 31.82  20.22 
Ebit Per Revenue 0.22  0.22 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Verizon Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:
Check out the analysis of Verizon Communications Correlation against competitors.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.
Note that the Verizon Communications information on this page should be used as a complementary analysis to other Verizon Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is Verizon Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Verizon Communications. If investors know Verizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Verizon Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
2.635
Earnings Share
2.75
Revenue Per Share
31.815
Quarterly Revenue Growth
(0)
The market value of Verizon Communications is measured differently than its book value, which is the value of Verizon that is recorded on the company's balance sheet. Investors also form their own opinion of Verizon Communications' value that differs from its market value or its book value, called intrinsic value, which is Verizon Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Verizon Communications' market value can be influenced by many factors that don't directly affect Verizon Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Verizon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Verizon Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verizon Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.