
Verizon Communications Inc.
VZ
42.81
USD+0.11
(+0.26%)Day's range
42.475
43.13
52 wk Range
37.59
47.36
VZ Income Statement
Period Ending | Dec 31, 1985 | Dec 31, 1986 | Dec 31, 1987 | Dec 31, 1988 | Dec 31, 1989 | Dec 31, 1990 | Dec 31, 1991 | Dec 31, 1992 | Dec 31, 1993 | Dec 31, 1994 | Dec 31, 1995 | Dec 31, 1996 | Dec 31, 1997 | Dec 31, 1998 | Dec 31, 1999 | Dec 31, 2000 | Dec 31, 2001 | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 9,084,200,000 | 9,920,800,000 | 10,298,400,000 | 10,880,100,000 | 11,448,600,000 | 12,298,000,000 | 12,279,700,000 | 12,647,000,000 | 12,990,200,000 | 13,791,400,000 | 27,926,800,000 | 29,155,200,000 | 30,194,000,000 | 31,566,000,000 | 58,194,000,000 | 64,707,000,000 | 66,713,000,000 | 67,056,000,000 | 67,468,000,000 | 65,751,000,000 | 69,518,000,000 | 88,182,000,000 | 93,469,000,000 | 97,354,000,000 | 107,808,000,000 | 106,565,000,000 | 110,875,000,000 | 115,846,000,000 | 120,550,000,000 | 127,079,000,000 | 131,620,000,000 | 125,980,000,000 | 126,034,000,000 | 130,863,000,000 | 131,868,000,000 | 128,292,000,000 | 133,613,000,000 | 136,835,000,000 | 133,974,000,000 | 134,788,000,000 | |
Cost of Revenue | 5,275,800,000 | 5,530,300,000 | 5,835,400,000 | 6,281,600,000 | 3,739,100,000 | 3,761,100,000 | 3,936,600,000 | 3,941,500,000 | 4,027,600,000 | 4,001,600,000 | 6,874,800,000 | 7,594,400,000 | 8,444,200,000 | 9,803,000,000 | 33,730,000,000 | 39,481,000,000 | 20,538,000,000 | 19,866,000,000 | 21,701,000,000 | 22,032,000,000 | 24,409,000,000 | 35,309,000,000 | 37,547,000,000 | 38,615,000,000 | 44,579,000,000 | 44,149,000,000 | 45,875,000,000 | 46,275,000,000 | 44,887,000,000 | 49,931,000,000 | 52,557,000,000 | 52,701,000,000 | 53,063,000,000 | 55,508,000,000 | 54,726,000,000 | 51,201,000,000 | 56,301,000,000 | 59,133,000,000 | 54,887,000,000 | 54,097,000,000 | |
Gross Profit | 3,808,400,000 | 4,390,500,000 | 4,463,000,000 | 4,598,500,000 | 7,709,500,000 | 8,536,900,000 | 8,343,100,000 | 8,705,500,000 | 8,962,600,000 | 9,789,800,000 | 21,052,000,000 | 21,560,800,000 | 21,749,800,000 | 21,763,000,000 | 24,464,000,000 | 25,226,000,000 | 46,175,000,000 | 47,190,000,000 | 45,767,000,000 | 43,719,000,000 | 45,109,000,000 | 52,873,000,000 | 55,922,000,000 | 58,739,000,000 | 63,229,000,000 | 62,416,000,000 | 65,000,000,000 | 69,571,000,000 | 75,663,000,000 | 77,148,000,000 | 79,063,000,000 | 73,279,000,000 | 72,971,000,000 | 75,355,000,000 | 77,142,000,000 | 77,091,000,000 | 77,312,000,000 | 77,702,000,000 | 79,087,000,000 | 80,691,000,000 | |
Gross Profit Margin | 0.419 | 0.443 | 0.433 | 0.423 | 0.673 | 0.694 | 0.679 | 0.688 | 0.69 | 0.71 | 0.754 | 0.74 | 0.72 | 0.689 | 0.42 | 0.39 | 0.692 | 0.704 | 0.678 | 0.665 | 0.649 | 0.6 | 0.598 | 0.603 | 0.586 | 0.586 | 0.586 | 0.601 | 0.628 | 0.607 | 0.601 | 0.582 | 0.579 | 0.576 | 0.585 | 0.601 | 0.579 | 0.568 | 0.59 | 0.599 | |
R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
General & Administrative Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,570,000,000 | 24,651,000,000 | 38,490,000,000 | 27,237,000,000 | 24,351,000,000 | 24,175,000,000 | 28,401,000,000 | 26,825,000,000 | 28,466,000,000 | 25,264,000,000 | 26,580,000,000 | 27,452,000,000 | 0 | |
Selling & Marketing Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,381,000,000 | 2,438,000,000 | 2,526,000,000 | 2,749,000,000 | 2,744,000,000 | 2,643,000,000 | 2,682,000,000 | 3,071,000,000 | 3,107,000,000 | 3,394,000,000 | 3,556,000,000 | 3,847,000,000 | 0 | |
SG&A Expenses | 0 | 0 | 0 | 0 | 3,276,800,000 | 3,550,100,000 | 3,519,000,000 | 3,781,900,000 | 3,619,900,000 | 4,333,100,000 | 8,811,300,000 | 8,703,900,000 | 9,047,200,000 | 9,266,000,000 | 8,241,000,000 | 0 | 20,829,000,000 | 21,778,000,000 | 24,894,000,000 | 19,346,000,000 | 19,443,000,000 | 24,955,000,000 | 25,967,000,000 | 41,517,000,000 | 30,717,000,000 | 31,366,000,000 | 35,624,000,000 | 39,951,000,000 | 27,089,000,000 | 41,016,000,000 | 29,986,000,000 | 27,095,000,000 | 26,818,000,000 | 31,083,000,000 | 29,896,000,000 | 31,573,000,000 | 28,658,000,000 | 30,136,000,000 | 31,299,000,000 | 34,113,000,000 | |
Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -43,000,000 | -82,000,000 | -1,073,000,000 | -230,000,000 | -1,302,000,000 | 71,000,000 | -3,848,000,000 | -120,000,000 | 2,995,000,000 | 583,000,000 | -475,000,000 | 3,805,000,000 | 2,304,000,000 | 24,911,000,000 | 17,892,000,000 | |
Total Operating Expenses | 1,483,900,000 | 1,926,600,000 | 2,116,900,000 | 2,354,000,000 | 5,696,700,000 | 5,927,300,000 | 5,817,700,000 | 6,199,300,000 | 6,165,000,000 | 6,985,200,000 | 15,634,600,000 | 15,482,200,000 | 16,408,200,000 | 15,136,000,000 | 9,890,000,000 | 12,261,000,000 | 34,352,000,000 | 35,060,000,000 | 38,501,000,000 | 32,849,000,000 | 33,058,000,000 | 39,500,000,000 | 40,344,000,000 | 56,127,000,000 | 47,251,000,000 | 47,771,000,000 | 52,120,000,000 | 56,411,000,000 | 43,695,000,000 | 57,549,000,000 | 46,003,000,000 | 43,023,000,000 | 43,772,000,000 | 48,486,000,000 | 46,578,000,000 | 48,293,000,000 | 44,864,000,000 | 47,235,000,000 | 56,210,000,000 | 52,005,000,000 | |
Total Costs & Expenses | 6,759,700,000 | 7,456,900,000 | 7,952,300,000 | 8,635,600,000 | 9,435,800,000 | 9,688,400,000 | 9,754,300,000 | 10,140,800,000 | 10,192,600,000 | 10,986,800,000 | 22,509,400,000 | 23,076,600,000 | 24,852,400,000 | 24,939,000,000 | 43,620,000,000 | 51,742,000,000 | 54,890,000,000 | 54,926,000,000 | 60,202,000,000 | 54,881,000,000 | 57,467,000,000 | 74,809,000,000 | 77,891,000,000 | 94,742,000,000 | 91,830,000,000 | 91,920,000,000 | 97,995,000,000 | 102,686,000,000 | 88,582,000,000 | 107,480,000,000 | 98,560,000,000 | 95,724,000,000 | 96,835,000,000 | 103,994,000,000 | 101,304,000,000 | 99,494,000,000 | 101,165,000,000 | 106,368,000,000 | 111,097,000,000 | 106,102,000,000 | |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 393,000,000 | 187,000,000 | 95,000,000 | 97,000,000 | 103,000,000 | 201,000,000 | 168,000,000 | 362,000,000 | 75,000,000 | 92,000,000 | 68,000,000 | 57,000,000 | 64,000,000 | 108,000,000 | 115,000,000 | 59,000,000 | 82,000,000 | 94,000,000 | 121,000,000 | 65,000,000 | 48,000,000 | 146,000,000 | 354,000,000 | 336,000,000 | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,276,000,000 | 3,130,000,000 | 2,797,000,000 | 2,336,000,000 | 2,129,000,000 | 2,349,000,000 | 1,829,000,000 | 1,819,000,000 | 3,102,000,000 | 2,523,000,000 | 2,827,000,000 | 2,571,000,000 | 2,667,000,000 | 4,915,000,000 | 4,920,000,000 | 4,376,000,000 | 4,733,000,000 | 4,833,000,000 | 4,730,000,000 | 4,247,000,000 | 3,485,000,000 | 3,613,000,000 | 5,524,000,000 | 6,649,000,000 | |
Depreciation & Amortization | 1,483,900,000 | 1,926,600,000 | 2,116,900,000 | 2,354,000,000 | 2,419,900,000 | 2,377,200,000 | 2,298,700,000 | 2,417,400,000 | 2,545,100,000 | 2,652,100,000 | 5,234,000,000 | 5,278,400,000 | 5,754,100,000 | 9,645,000,000 | 9,890,000,000 | 12,261,000,000 | 13,523,000,000 | 13,282,000,000 | 13,607,000,000 | 13,503,000,000 | 13,615,000,000 | 14,545,000,000 | 14,377,000,000 | 14,610,000,000 | 16,534,000,000 | 16,405,000,000 | 16,496,000,000 | 16,460,000,000 | 16,606,000,000 | 16,533,000,000 | 16,017,000,000 | 15,928,000,000 | 16,954,000,000 | 17,403,000,000 | 16,682,000,000 | 16,720,000,000 | 16,206,000,000 | 17,099,000,000 | 17,624,000,000 | 17,892,000,000 | |
EBITDA | 3,808,400,000 | 4,390,500,000 | 4,463,000,000 | 4,598,500,000 | 4,432,700,000 | 4,986,800,000 | 4,824,100,000 | 4,923,600,000 | 5,342,700,000 | 5,456,700,000 | 10,651,400,000 | 11,357,000,000 | 11,095,700,000 | 16,272,000,000 | 24,464,000,000 | 25,226,000,000 | 20,155,000,000 | 23,946,000,000 | 22,660,000,000 | 26,145,000,000 | 27,193,000,000 | 29,086,000,000 | 30,751,000,000 | 18,072,000,000 | 33,156,000,000 | 31,510,000,000 | 29,806,000,000 | 28,928,000,000 | 48,550,000,000 | 36,718,000,000 | 49,177,000,000 | 45,768,000,000 | 46,538,000,000 | 47,040,000,000 | 47,999,000,000 | 48,109,000,000 | 52,871,000,000 | 48,597,000,000 | 40,136,000,000 | 47,520,000,000 | |
EBITDA Margin | 0.419 | 0.443 | 0.433 | 0.423 | 0.387 | 0.405 | 0.393 | 0.389 | 0.411 | 0.396 | 0.381 | 0.39 | 0.367 | 0.515 | 0.42 | 0.39 | 0.302 | 0.357 | 0.336 | 0.398 | 0.391 | 0.33 | 0.329 | 0.186 | 0.308 | 0.296 | 0.269 | 0.25 | 0.403 | 0.289 | 0.374 | 0.363 | 0.369 | 0.359 | 0.364 | 0.375 | 0.396 | 0.355 | 0.3 | 0.353 | |
Operating Income | 2,324,500,000 | 2,463,900,000 | 2,346,100,000 | 2,244,500,000 | 2,012,800,000 | 2,609,600,000 | 2,525,400,000 | 2,506,200,000 | 2,797,600,000 | 2,804,600,000 | 5,417,400,000 | 6,078,600,000 | 5,341,600,000 | 6,627,000,000 | 14,574,000,000 | 12,965,000,000 | 11,473,000,000 | 14,877,000,000 | 7,407,000,000 | 10,870,000,000 | 12,581,000,000 | 13,373,000,000 | 15,578,000,000 | 2,612,000,000 | 15,978,000,000 | 14,645,000,000 | 12,880,000,000 | 13,160,000,000 | 31,968,000,000 | 19,599,000,000 | 33,060,000,000 | 29,249,000,000 | 27,425,000,000 | 22,278,000,000 | 30,378,000,000 | 28,798,000,000 | 32,448,000,000 | 30,467,000,000 | 22,877,000,000 | 28,686,000,000 | |
Operating Income Margin | 0.256 | 0.248 | 0.228 | 0.206 | 0.176 | 0.212 | 0.206 | 0.198 | 0.215 | 0.203 | 0.194 | 0.208 | 0.177 | 0.21 | 0.25 | 0.2 | 0.172 | 0.222 | 0.11 | 0.165 | 0.181 | 0.152 | 0.167 | 0.027 | 0.148 | 0.137 | 0.116 | 0.114 | 0.265 | 0.154 | 0.251 | 0.232 | 0.218 | 0.17 | 0.23 | 0.224 | 0.243 | 0.223 | 0.171 | 0.213 | |
Total Other Income/Expenses (Net) | -421,200,000 | -392,300,000 | -391,700,000 | -397,700,000 | -467,300,000 | -627,500,000 | -529,000,000 | -480,500,000 | -524,000,000 | -517,800,000 | -882,400,000 | -1,167,400,000 | -1,357,500,000 | -1,628,000,000 | -1,406,000,000 | 4,854,000,000 | -8,117,000,000 | -7,343,000,000 | -1,151,000,000 | -564,000,000 | -913,000,000 | -1,181,000,000 | -1,033,000,000 | -969,000,000 | -2,458,000,000 | -1,961,000,000 | -2,397,000,000 | -4,047,000,000 | -2,691,000,000 | -4,329,000,000 | -4,820,000,000 | -8,263,000,000 | -6,831,000,000 | -2,655,000,000 | -7,645,000,000 | -4,831,000,000 | -3,028,000,000 | -2,196,000,000 | -5,890,000,000 | -5,707,000,000 | |
Income Before Tax | 1,903,300,000 | 2,071,600,000 | 1,954,400,000 | 1,846,800,000 | 1,545,500,000 | 1,982,100,000 | 1,996,400,000 | 2,025,700,000 | 2,273,600,000 | 2,286,800,000 | 4,535,000,000 | 4,911,200,000 | 3,984,100,000 | 4,999,000,000 | 13,168,000,000 | 17,819,000,000 | 3,356,000,000 | 7,534,000,000 | 6,256,000,000 | 10,306,000,000 | 11,449,000,000 | 12,192,000,000 | 14,545,000,000 | 1,643,000,000 | 13,520,000,000 | 12,684,000,000 | 10,483,000,000 | 9,897,000,000 | 29,277,000,000 | 15,270,000,000 | 28,240,000,000 | 20,986,000,000 | 20,594,000,000 | 19,623,000,000 | 22,733,000,000 | 23,967,000,000 | 29,420,000,000 | 28,271,000,000 | 16,987,000,000 | 22,979,000,000 | |
Pre-Tax Income Margin | 0.21 | 0.209 | 0.19 | 0.17 | 0.135 | 0.161 | 0.163 | 0.16 | 0.175 | 0.166 | 0.162 | 0.168 | 0.132 | 0.158 | 0.226 | 0.275 | 0.05 | 0.112 | 0.093 | 0.157 | 0.165 | 0.138 | 0.156 | 0.017 | 0.125 | 0.119 | 0.095 | 0.085 | 0.243 | 0.12 | 0.215 | 0.167 | 0.163 | 0.15 | 0.172 | 0.187 | 0.22 | 0.207 | 0.127 | 0.17 | |
Income Tax Expense | 810,400,000 | 904,500,000 | 714,000,000 | 530,000,000 | 471,000,000 | 669,600,000 | 664,800,000 | 643,500,000 | 792,000,000 | 884,900,000 | 1,147,600,000 | 1,011,200,000 | 1,529,200,000 | 2,008,100,000 | 2,557,000,000 | 7,009,000,000 | 2,176,000,000 | 1,618,000,000 | 1,252,000,000 | 2,851,000,000 | 3,210,000,000 | 2,674,000,000 | 3,982,000,000 | 3,331,000,000 | 1,210,000,000 | 2,467,000,000 | 285,000,000 | -660,000,000 | 5,730,000,000 | 3,314,000,000 | 9,865,000,000 | 7,378,000,000 | -9,956,000,000 | 3,584,000,000 | 2,945,000,000 | 5,619,000,000 | 6,802,000,000 | 6,523,000,000 | 4,892,000,000 | 5,030,000,000 | |
Net Income | 1,092,900,000 | 1,167,100,000 | 1,240,400,000 | 1,316,800,000 | 1,074,500,000 | 1,312,500,000 | 1,331,600,000 | 1,340,600,000 | 1,403,400,000 | -754,800,000 | 1,858,300,000 | 1,739,400,000 | 2,454,900,000 | 2,965,000,000 | 4,202,000,000 | 11,797,000,000 | 389,000,000 | 4,079,000,000 | 3,077,000,000 | 7,831,000,000 | 7,397,000,000 | 6,197,000,000 | 5,521,000,000 | 6,428,000,000 | 3,651,000,000 | 2,549,000,000 | 2,404,000,000 | 875,000,000 | 11,497,000,000 | 9,625,000,000 | 17,879,000,000 | 13,127,000,000 | 30,101,000,000 | 15,528,000,000 | 19,265,000,000 | 17,801,000,000 | 22,065,000,000 | 21,256,000,000 | 11,614,000,000 | 17,506,000,000 | |
Net Income Margin | 0.12 | 0.118 | 0.12 | 0.121 | 0.094 | 0.107 | 0.108 | 0.106 | 0.108 | -0.055 | 0.067 | 0.06 | 0.081 | 0.094 | 0.072 | 0.182 | 0.006 | 0.061 | 0.046 | 0.119 | 0.106 | 0.07 | 0.059 | 0.066 | 0.034 | 0.024 | 0.022 | 0.008 | 0.095 | 0.076 | 0.136 | 0.104 | 0.239 | 0.119 | 0.146 | 0.139 | 0.165 | 0.155 | 0.087 | 0.13 | |
Earnings Per Share (EPS) | 1.37 | 1.47 | 1.56 | 1.67 | 1.36 | 1.69 | 1.71 | 1.57 | -0.42 | -0.86 | 2.13 | 1.86 | 1.58 | 1.89 | 1.53 | 4.34 | 0.14 | 1.49 | 1.12 | 2.83 | 2.67 | 2.13 | 1.91 | 2.26 | 1.29 | 0.9 | 0.85 | 0.31 | 4.01 | 2.42 | 4.38 | 3.22 | 7.37 | 3.76 | 4.66 | 4.3 | 5.32 | 5.06 | 2.76 | 4.15 | |
Diluted Earnings Per Share (EPS) | 1.37 | 1.47 | 1.56 | 1.67 | 1.36 | 1.69 | 1.71 | 1.57 | -0.42 | -0.86 | 2.13 | 1.84 | 1.57 | 1.86 | 1.51 | 4.31 | 0.14 | 1.49 | 1.12 | 2.79 | 2.65 | 2.12 | 1.9 | 2.26 | 1.29 | 0.9 | 0.85 | 0.31 | 4 | 2.42 | 4.37 | 3.21 | 7.36 | 3.76 | 4.65 | 4.3 | 5.32 | 5.06 | 2.75 | 4.15 | |
Weighted Average Shares Outstanding | 797,737,226 | 793,945,578 | 795,128,205 | 788,502,994 | 790,073,529 | 776,627,219 | 778,713,450 | 853,885,350 | 868,646,617 | 876,803,279 | 872,857,143 | 934,258,065 | 1,553,734,177 | 1,553,000,000 | 2,739,000,000 | 2,715,898,618 | 2,710,000,000 | 2,729,000,000 | 2,756,000,000 | 2,770,000,000 | 2,766,000,000 | 2,912,000,000 | 2,898,000,000 | 2,849,000,000 | 2,841,000,000 | 2,830,000,000 | 2,833,000,000 | 2,853,000,000 | 2,866,000,000 | 3,974,000,000 | 4,085,000,000 | 4,080,000,000 | 4,084,000,000 | 4,128,000,000 | 4,138,000,000 | 4,140,000,000 | 4,148,000,000 | 4,202,000,000 | 4,211,000,000 | 4,218,000,000 | |
Weighted Average Shares Outstanding (Diluted) | 797,737,226 | 793,945,578 | 795,128,205 | 788,502,994 | 790,073,529 | 776,627,219 | 778,713,450 | 853,885,350 | 868,646,617 | 876,803,279 | 872,857,143 | 946,470,588 | 1,563,630,573 | 1,578,000,000 | 2,777,000,000 | 2,734,802,784 | 2,730,000,000 | 2,789,000,000 | 2,832,000,000 | 2,831,000,000 | 2,817,000,000 | 2,938,000,000 | 2,902,000,000 | 2,850,000,000 | 2,841,000,000 | 2,833,000,000 | 2,839,000,000 | 2,862,000,000 | 2,874,000,000 | 3,981,000,000 | 4,093,000,000 | 4,086,000,000 | 4,089,000,000 | 4,132,000,000 | 4,140,000,000 | 4,142,000,000 | 4,150,000,000 | 4,204,000,000 | 4,215,000,000 | 4,218,000,000 |