Verizon Communications Financials

VZ Stock  USD 41.96  0.42  1.01%   
Based on the key indicators related to Verizon Communications' liquidity, profitability, solvency, and operating efficiency, Verizon Communications may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Verizon Communications' Non Current Liabilities Total is fairly stable compared to the past year. Other Current Assets is likely to rise to about 3.1 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 10.8 B in 2024. Key indicators impacting Verizon Communications' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.07730.0867
Fairly Down
Slightly volatile
Return On Assets0.03560.0305
Fairly Up
Pretty Stable
Return On Equity0.180.1257
Way Up
Very volatile
Debt Equity Ratio1.51.8927
Significantly Down
Pretty Stable
Operating Income15.2 B28.8 B
Way Down
Slightly volatile
Current Ratio0.670.6917
Sufficiently Down
Slightly volatile
The financial analysis of Verizon Communications is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Verizon Communications includes many different criteria found on its balance sheet. For example, investors should never minimize Verizon Communications' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Verizon Communications' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Verizon Communications.

Cash And Equivalents

5.97 Billion

With this module, you can analyze Verizon financials for your investing period. You should be able to track the changes in Verizon Communications individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Verizon Communications Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Verizon Communications' financial statements are interrelated, with each one affecting the others. For example, an increase in Verizon Communications' assets may result in an increase in income on the income statement.
Evaluating Verizon Communications' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Verizon Communications' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Verizon Communications' relative financial performance

Chance Of Distress

Less than 29

 
100  
 
Zero
Below Average
Verizon Communications has less than 29 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Verizon Communications stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Verizon Communications' odds of distress score SHOULD NOT be confused with the real chance of Verizon Communications filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Verizon is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Verizon Communications' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Verizon Communications' official financial statements usually reflect Verizon Communications' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Verizon Communications. For example, before you start analyzing numbers published by Verizon accountants, it's critical to develop an understanding of what Verizon Communications' liquidity, profitability, and earnings quality are in the context of the Diversified Telecommunication Services space in which it operates.
Please note, the presentation of Verizon Communications' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Verizon Communications' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Verizon Communications' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Verizon Communications. Please utilize our Beneish M Score to check the likelihood of Verizon Communications' management manipulating its earnings.

Verizon Communications Company Summary

Verizon Communications competes with Vulcan Materials, Hanover Foods, and Summit Materials. Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. Verizon Communications operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 119500 people.
Foreign Associates
Specialization
Communication Services, Telecommunication Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000732712
ISINUS92343V1044
CUSIP92343V104 077853109
RegionNorth America
LocationNew York; U.S.A
Business Address1095 Avenue of
SectorDiversified Telecommunication Services
IndustryCommunication Services
BenchmarkNYSE Composite
Websitewww.verizon.com
Phone212 395 1000
CurrencyUSD - US Dollar
You should never invest in Verizon Communications without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Verizon Stock, because this is throwing your money away. Analyzing the key information contained in Verizon Communications' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Verizon Communications Key Financial Ratios

Generally speaking, Verizon Communications' financial ratios allow both analysts and investors to convert raw data from Verizon Communications' financial statements into concise, actionable information that can be used to evaluate the performance of Verizon Communications over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Verizon Communications reports annually and quarterly.

Verizon Communications Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets291.7B316.5B366.6B379.7B380.3B399.3B
Other Current Liab18.5B18.8B21.8B20.7B19.0B10.8B
Net Debt130.5B128.4B175.0B173.7B172.9B181.5B
Retained Earnings53.1B60.5B72.0B82.4B82.9B87.1B
Cash2.6B22.2B2.9B2.6B2.1B2.0B
Net Receivables25.4B23.9B23.8B24.5B25.1B26.3B
Inventory1.4B1.8B3.1B2.4B2.1B1.2B
Other Current Assets8.0B6.7B6.9B8.4B1.7B3.1B
Total Liab228.9B247.2B283.4B287.2B286.5B300.8B
Total Current Assets37.5B54.6B36.7B37.9B36.8B21.8B
Short Term Debt14.0B9.4B11.3B14.1B17.2B18.1B
Accounts Payable7.7B6.7B8.0B8.8B10.0B6.7B
Other Liab64.1B66.4B69.6B70.9B81.5B49.0B
Other Assets9.1B13.7B13.3B17.3B19.9B20.9B
Long Term Debt99.9B123.2B143.4B140.7B137.7B83.2B
Treasury Stock(7.0B)(6.8B)(6.7B)(4.1B)(3.7B)(3.9B)
Intangible Assets104.6B105.5B159.3B161.3B166.7B93.0B
Good Will24.4B24.8B28.6B28.7B22.8B19.9B

Verizon Communications Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Verizon Communications' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense4.7B4.2B3.5B5.6B7.3B7.7B
Total Revenue131.9B128.3B133.6B136.8B134.0B78.9B
Gross Profit77.1B77.1B77.3B60.6B61.5B45.5B
Operating Income30.4B28.8B32.0B30.5B28.8B15.2B
Ebit30.4B28.8B32.0B30.5B28.8B15.0B
Ebitda44.3B44.9B48.2B47.6B46.5B26.7B
Cost Of Revenue54.7B51.2B56.3B76.2B72.5B76.1B
Income Before Tax22.7B24.0B29.4B28.3B17.0B12.3B
Net Income19.3B17.8B22.1B21.3B11.6B7.8B
Income Tax Expense2.9B5.6B6.8B6.5B4.9B2.6B
Minority Interest523M547M(553M)(492M)(470M)(446.5M)
Tax Provision2.9B5.6B6.8B6.5B6.2B4.8B
Interest Income121M4.3B3.3B3.6B348M330.6M
Net Interest Income(4.6B)(4.2B)(3.5B)(3.6B)(4.7B)(4.9B)

Verizon Communications Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Verizon Communications. It measures of how well Verizon is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Verizon Communications brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Verizon had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Verizon Communications has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(76M)(369M)(905M)627M287M301.4M
Change In Cash1M19.6B(19.3B)(50M)(614M)(583.3M)
Free Cash Flow16.9B21.5B19.3B10.4B18.7B19.6B
Depreciation16.7B16.7B16.2B17.1B17.6B12.9B
Other Non Cash Items3.1B2.8B(93M)(4.2B)8.2B8.6B
Dividends Paid10.0B10.2B10.4B10.8B(11.0B)(10.5B)
Capital Expenditures18.8B20.3B20.3B26.7B18.8B14.9B
Net Income19.8B18.3B22.6B21.7B11.6B10.2B
End Period Cash Flow3.9B23.5B4.2B4.1B3.5B5.0B
Investments(17.6B)(23.5B)(67.2B)(28.7B)(21.0B)(22.0B)
Net Borrowings(15.3B)(1.8B)22.6B5.9B5.3B3.1B
Change To Netincome6.0B5.8B2.2B796M716.4M680.6M
Change Receivables(1.5B)189M(1.6B)(2.0B)(2.3B)(2.4B)

Verizon Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Verizon Communications's current stock value. Our valuation model uses many indicators to compare Verizon Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Verizon Communications competition to find correlations between indicators driving Verizon Communications's intrinsic value. More Info.
Verizon Communications is rated first in number of employees category among related companies. It is rated first in market capitalization category among related companies creating about  1,670,851  of Market Capitalization per Number Of Employees. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Verizon Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Verizon Communications' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Verizon Communications' earnings, one of the primary drivers of an investment's value.

Verizon Communications Systematic Risk

Verizon Communications' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Verizon Communications volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Verizon Communications correlated with the market. If Beta is less than 0 Verizon Communications generally moves in the opposite direction as compared to the market. If Verizon Communications Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Verizon Communications is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Verizon Communications is generally in the same direction as the market. If Beta > 1 Verizon Communications moves generally in the same direction as, but more than the movement of the benchmark.

About Verizon Communications Financials

What exactly are Verizon Communications Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Verizon Communications' income statement, its balance sheet, and the statement of cash flows. Potential Verizon Communications investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Verizon Communications Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Verizon Communications is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Verizon has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Verizon Communications' financials are consistent with your investment objective using the following steps:
  • Review Verizon Communications' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Verizon Communications' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Verizon Communications' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Verizon Communications' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Verizon Communications Thematic Clasifications

Verizon Communications is part of several thematic ideas from Corona Opportunity to Impulse. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Verizon Communications Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Verizon Communications' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Verizon Communications growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

At this time, Verizon Communications' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Verizon Communications March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Verizon Communications help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Verizon Communications. We use our internally-developed statistical techniques to arrive at the intrinsic value of Verizon Communications based on widely used predictive technical indicators. In general, we focus on analyzing Verizon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Verizon Communications's daily price indicators and compare them against related drivers.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
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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When running Verizon Communications' price analysis, check to measure Verizon Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Verizon Communications is operating at the current time. Most of Verizon Communications' value examination focuses on studying past and present price action to predict the probability of Verizon Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verizon Communications' price. Additionally, you may evaluate how the addition of Verizon Communications to your portfolios can decrease your overall portfolio volatility.
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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.