Verizon Financial Statements From 2010 to 2024

VZ Stock  USD 43.85  0.49  1.11%   
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
0.073
Market Capitalization
184.6 B
Enterprise Value Revenue
2.651
Revenue
134.2 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 126.4 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 Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.8 B, Interest Expense of 5.8 B or Total Revenue of 78.9 B, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0538 or PTB Ratio of 2.94. Verizon financial statements analysis is a perfect complement when working with Verizon Communications Valuation or Volatility modules.
  
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 B112.7 B
Slightly volatile
Other Current Liabilities10.7 B16.4 B16.7 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 B104.2 B
Slightly volatile
CashB2.1 B8.5 B
Pretty Stable
Non Current Assets Total360.6 B343.4 B241.1 B
Slightly volatile
Non Currrent Assets Other11.3 B19.6 B10.1 B
Slightly volatile
Cash And Short Term InvestmentsB2.1 B8.7 B
Pretty Stable
Net Receivables26.3 B25.1 B18.8 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 AssetsB7.6 BB
Slightly volatile
Other Stockholder Equity9.3 B9.8 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 B8.1 B
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 Amortization11.8 B17.6 B15.1 B
Slightly volatile
Total Revenue78.9 B134 B116.1 B
Slightly volatile
Gross Profit46.5 B79.1 B68.6 B
Slightly volatile
Other Operating Expenses63.8 B111.1 B92.5 B
Slightly volatile
Operating Income15 B22.9 B23.3 B
Slightly volatile
EBIT15 B22.5 B24 B
Slightly volatile
EBITDA26.8 B40.1 B39.2 B
Slightly volatile
Cost Of Revenue32.4 B54.9 B47.5 B
Slightly volatile
Total Operating Expenses31.3 B56.2 B45 B
Pretty Stable
Income Before Tax12.3 B17 B19.3 B
Slightly volatile
Net Income7.8 B11.6 B13.5 B
Slightly volatile
Selling General Administrative26.4 B27.5 B28.7 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 Expenses3.4 B3.8 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 Flow9.9 B18.7 B13 B
Slightly volatile
Begin Period Cash Flow5.2 B4.1 B9.5 B
Pretty Stable
Depreciation13.3 B17.6 B15.5 B
Slightly volatile
Capital Expenditures14.9 B18.8 B18.3 B
Slightly volatile
Total Cash From Operating Activities24.8 B37.5 B31.4 B
Slightly volatile
Net Income10.6 B12.1 B16.1 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.611.1851.4594
Slightly volatile
Dividend Yield0.05380.06940.0473
Slightly volatile
PTB Ratio2.941.71764.9492
Pretty Stable
Days Sales Outstanding67.0868.341857.8934
Slightly volatile
Book Value Per Share13.3922.274816.7377
Very volatile
Free Cash Flow Yield0.06910.11780.0781
Pretty Stable
Operating Cash Flow Per Share6.448.89938.6204
Pretty Stable
Stock Based Compensation To Revenue0.00350.0040.0045
Pretty Stable
Capex To Depreciation0.861.06491.1587
Very volatile
PB Ratio2.941.71764.9492
Pretty Stable
EV To Sales1.732.47532.2041
Slightly volatile
Free Cash Flow Per Share2.624.44273.6005
Very volatile
ROIC0.0960.06740.1353
Slightly volatile
Inventory Turnover20.7126.68335.8135
Slightly volatile
Net Income Per Share1.882.7583.4438
Slightly volatile
Days Of Inventory On Hand19.2313.679111.4736
Slightly volatile
Payables Turnover4.825.47727.4474
Slightly volatile
Sales General And Administrative To Revenue0.240.20490.2362
Slightly volatile
Capex To Revenue0.20.14010.163
Very volatile
Cash Per Share0.410.42842.6248
Slightly volatile
POCF Ratio4.184.23635.6363
Very volatile
Interest Coverage4.624.14146.1778
Pretty Stable
Payout Ratio1.360.94931.1283
Slightly volatile
Capex To Operating Cash Flow0.670.50080.6041
Very volatile
PFCF Ratio10.468.485916.3804
Very volatile
Days Payables Outstanding10766.639961.6043
Pretty Stable
Income Quality4.133.09842.3438
Very volatile
ROE0.180.12570.3571
Very volatile
EV To Operating Cash Flow6.188.84948.6471
Pretty Stable
PE Ratio21.4613.669323.8463
Slightly volatile
Return On Tangible Assets0.04990.06090.0924
Pretty Stable
EV To Free Cash Flow15.3817.726725.1265
Very volatile
Earnings Yield0.05130.07320.0759
Pretty Stable
Intangibles To Total Assets0.310.49850.4336
Slightly volatile
Net Debt To EBITDA4.524.30732.4346
Slightly volatile
Current Ratio0.670.69170.9902
Slightly volatile
Receivables Turnover5.165.34086.7545
Slightly volatile
Graham Number19.336.906529.2283
Slightly volatile
Shareholders Equity Per Share23.0521.949713.433
Slightly volatile
Debt To Equity1.491.61572.8042
Pretty Stable
Capex Per Share3.814.45675.0193
Pretty Stable
Revenue Per Share21.0131.815231.419
Pretty Stable
Interest Debt Per Share38.6136.775128.8968
Slightly volatile
Debt To Assets0.270.39270.3742
Slightly volatile
Enterprise Value Over EBITDA4.788.26276.3571
Slightly volatile
Short Term Coverage Ratios3.482.88875.9011
Slightly volatile
Price Earnings Ratio21.4613.669323.8463
Slightly volatile
Operating Cycle86.3182.020969.367
Slightly volatile
Price Book Value Ratio2.941.71764.9492
Pretty Stable
Days Of Payables Outstanding10766.639961.6043
Pretty Stable
Dividend Payout Ratio1.360.94931.1283
Slightly volatile
Price To Operating Cash Flows Ratio4.184.23635.6363
Very volatile
Price To Free Cash Flows Ratio10.468.485916.3804
Very volatile
Pretax Profit Margin0.180.12680.1693
Pretty Stable
Ebt Per Ebit0.660.74250.8067
Pretty Stable
Operating Profit Margin0.210.17080.2052
Pretty Stable
Company Equity Multiplier4.144.1146.9762
Slightly volatile
Long Term Debt To Capitalization0.450.5960.6524
Pretty Stable
Total Debt To Capitalization0.480.61770.6676
Pretty Stable
Return On Capital Employed0.120.070.108
Very volatile
Debt Equity Ratio1.491.61572.8042
Pretty Stable
Ebit Per Revenue0.210.17080.2052
Pretty Stable
Quick Ratio0.630.6530.9472
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.971.25791.183
Pretty Stable
Net Income Per E B T0.510.68370.6475
Slightly volatile
Cash Ratio0.03690.03880.277
Slightly volatile
Cash Conversion Cycle16.1515.38124.2686
Pretty Stable
Operating Cash Flow Sales Ratio0.320.27970.2754
Very volatile
Days Of Inventory Outstanding19.2313.679111.4736
Slightly volatile
Days Of Sales Outstanding67.0868.341857.8934
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.310.49920.3945
Very volatile
Cash Flow Coverage Ratios0.480.25090.3463
Slightly volatile
Price To Book Ratio2.941.71764.9492
Pretty Stable
Fixed Asset Turnover0.811.00711.1974
Pretty Stable
Capital Expenditure Coverage Ratio1.91.99691.7334
Pretty Stable
Price Cash Flow Ratio4.184.23635.6363
Very volatile
Enterprise Value Multiple4.788.26276.3571
Slightly volatile
Debt Ratio0.270.39270.3742
Slightly volatile
Cash Flow To Debt Ratio0.480.25090.3463
Slightly volatile
Price Sales Ratio1.611.1851.4594
Slightly volatile
Return On Assets0.03420.03050.0506
Pretty Stable
Asset Turnover0.530.35230.463
Slightly volatile
Net Profit Margin0.07350.08670.1122
Slightly volatile
Gross Profit Margin0.490.59030.5727
Very volatile
Price Fair Value2.941.71764.9492
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 Value126.4 B120.4 B124.4 B
Slightly volatile

Verizon Fundamental Market Drivers

Forward Price Earnings9.3458
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

Verizon Communications investors use historical fundamental indicators, such as Verizon Communications' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments 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 Revenue54.9 B32.4 B
Sales General And Administrative To Revenue 0.20  0.24 
Capex To Revenue 0.14  0.20 
Revenue Per Share 31.82  21.01 
Ebit Per Revenue 0.17  0.21 

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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.