Verizon Communications Inc. | Large-cap | Communication Services
$42.63
0.64%
| Verizon Stock Comparison:
Verizon vs T-Mobile USVerizon vs AT&TVerizon vs ComcastVerizon vs CharterVerizon vs TelusVerizon vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 134.8B
Gross Profit 80.7B 59.87%
Operating Income 28.7B 21.28%
Net Income 17.9B 13.32%

Balance Sheet Metrics

Total Assets 384.7B
Total Liabilities 284.1B
Shareholders Equity 100.6B
Debt to Equity 2.83

Cash Flow Metrics

Operating Cash Flow 35.2B
Free Cash Flow 18.9B

Revenue & Profitability Trend

Verizon Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 134.8B 134.0B 136.8B 133.6B 128.3B
Cost of Goods Sold 54.1B 54.9B 59.1B 56.3B 51.2B
Gross Profit 80.7B 79.1B 77.7B 77.3B 77.1B
Operating Expenses 34.1B 32.7B 30.1B 28.7B 31.6B
Operating Income 28.7B 28.7B 30.5B 32.4B 28.8B
Pre-tax Income 23.0B 17.0B 28.3B 29.4B 24.0B
Income Tax 5.0B 4.9B 6.5B 6.8B 5.6B
Net Income 17.9B 12.1B 21.7B 22.6B 18.3B
EPS (Diluted) - $2.75 $5.06 $5.32 $4.30

Income Statement Trend

Verizon Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 40.5B 36.8B 37.9B 36.7B 54.6B
Non-Current Assets 344.2B 343.4B 341.8B 329.9B 261.9B
Total Assets 384.7B 380.3B 379.7B 366.6B 316.5B
Liabilities
Current Liabilities 64.8B 53.2B 50.2B 47.2B 39.7B
Non-Current Liabilities 219.4B 233.2B 237.0B 236.2B 207.5B
Total Liabilities 284.1B 286.5B 287.2B 283.4B 247.2B
Equity
Total Shareholders Equity 100.6B 93.8B 92.5B 83.2B 69.3B

Balance Sheet Composition

Verizon Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 17.9B 12.1B 21.7B 22.6B 18.3B
Operating Cash Flow 35.2B 28.6B 36.7B 42.0B 38.3B
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow 28.0M 251.0M -1.9B 729.0M -1.4B
Financing Activities
Dividends Paid -11.2B -11.0B -10.8B -10.4B -10.2B
Financing Cash Flow -17.1B -14.7B -8.5B 8.3B 1.3B
Free Cash Flow 18.9B 12.9B 10.4B -28.3B 19.7B

Cash Flow Trend

Verizon Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 10.24
Forward P/E 9.09
Price to Book 1.80
Price to Sales 1.34
PEG Ratio 9.09

Profitability Ratios

Profit Margin 13.14%
Operating Margin 24.67%
Return on Equity 18.42%
Return on Assets 5.15%

Financial Health

Current Ratio 0.61
Debt to Equity 169.09
Beta 0.38

Per Share Data

EPS (TTM) $4.20
Book Value per Share $23.89
Revenue per Share $32.06

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
vz 181.3B 10.24 1.80 18.42% 13.14% 169.09
T-Mobile US 258.9B 22.27 4.24 19.35% 14.41% 199.15
AT&T 203.0B 17.29 1.96 10.89% 9.64% 119.25
Comcast 129.1B 8.52 1.49 18.05% 12.71% 113.54
Charter 53.4B 10.77 3.34 33.12% 9.42% 465.63
Telus 24.4B 27.79 1.56 6.46% 5.85% 179.75

Financial data is updated regularly. All figures are in the company's reporting currency.