
Verizon Communications Inc.
NYSE:VZ
43.8 (USD) • At close June 6, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 134,788 | 133,974 | 136,835 | 133,613 | 128,292 | 131,868 | 130,863 | 126,034 | 125,980 | 131,620 | 127,079 | 120,550 | 115,846 | 110,875 | 106,565 | 107,808 | 97,354 | 93,469 | 88,182 | 69,518 | 65,751 | 67,468 | 67,056 | 66,713 | 64,707 | 58,194 | 31,566 | 30,194 | 29,155.2 | 27,926.8 | 13,791.4 | 12,990.2 | 12,647 | 12,279.7 | 12,298 | 11,448.6 | 10,880.1 | 10,298.4 | 9,920.8 | 9,084.2 |
Cost of Revenue
| 54,097 | 54,887 | 59,133 | 56,301 | 51,201 | 54,726 | 55,508 | 53,063 | 52,701 | 52,557 | 49,931 | 44,887 | 46,275 | 45,875 | 44,149 | 44,579 | 38,615 | 37,547 | 35,309 | 24,409 | 22,032 | 21,701 | 19,866 | 20,538 | 39,481 | 33,730 | 9,803 | 8,444.2 | 7,594.4 | 6,874.8 | 4,001.6 | 4,027.6 | 3,941.5 | 3,936.6 | 3,761.1 | 3,739.1 | 6,281.6 | 5,835.4 | 5,530.3 | 5,275.8 |
Gross Profit
| 80,691 | 79,087 | 77,702 | 77,312 | 77,091 | 77,142 | 75,355 | 72,971 | 73,279 | 79,063 | 77,148 | 75,663 | 69,571 | 65,000 | 62,416 | 63,229 | 58,739 | 55,922 | 52,873 | 45,109 | 43,719 | 45,767 | 47,190 | 46,175 | 25,226 | 24,464 | 21,763 | 21,749.8 | 21,560.8 | 21,052 | 9,789.8 | 8,962.6 | 8,705.5 | 8,343.1 | 8,536.9 | 7,709.5 | 4,598.5 | 4,463 | 4,390.5 | 3,808.4 |
Gross Profit Ratio
| 0.599 | 0.59 | 0.568 | 0.579 | 0.601 | 0.585 | 0.576 | 0.579 | 0.582 | 0.601 | 0.607 | 0.628 | 0.601 | 0.586 | 0.586 | 0.586 | 0.603 | 0.598 | 0.6 | 0.649 | 0.665 | 0.678 | 0.704 | 0.692 | 0.39 | 0.42 | 0.689 | 0.72 | 0.74 | 0.754 | 0.71 | 0.69 | 0.688 | 0.679 | 0.694 | 0.673 | 0.423 | 0.433 | 0.443 | 0.419 |
Reseach & Development 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
| 30,137 | 27,452 | 26,580 | 25,264 | 28,466 | 26,825 | 28,401 | 24,175 | 24,351 | 27,237 | 38,490 | 24,651 | 37,570 | 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 |
Selling & Marketing Expenses
| 3,976 | 3,847 | 3,556 | 3,394 | 3,107 | 3,071 | 2,682 | 2,643 | 2,744 | 2,749 | 2,526 | 2,438 | 2,381 | 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 |
SG&A
| 34,113 | 31,299 | 30,136 | 28,658 | 31,573 | 29,896 | 31,083 | 26,818 | 27,095 | 29,986 | 41,016 | 27,089 | 39,951 | 35,624 | 31,366 | 30,717 | 41,517 | 25,967 | 24,955 | 19,443 | 19,346 | 24,894 | 21,778 | 20,829 | 0 | 8,241 | 9,266 | 9,047.2 | 8,703.9 | 8,811.3 | 4,333.1 | 3,619.9 | 3,781.9 | 3,519 | 3,550.1 | 3,276.8 | 0 | 0 | 0 | 0 |
Other Expenses
| 17,892 | 24,911 | 2,304 | 3,805 | -475 | 583 | 2,995 | -120 | -3,848 | 71 | -1,302 | -230 | -1,073 | -82 | -43 | 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 |
Operating Expenses
| 52,005 | 56,210 | 47,235 | 44,864 | 48,293 | 46,578 | 48,486 | 43,772 | 43,023 | 46,003 | 57,549 | 43,695 | 56,411 | 52,120 | 47,771 | 47,251 | 56,127 | 40,344 | 39,500 | 33,058 | 32,849 | 38,501 | 35,060 | 34,352 | 12,261 | 9,890 | 15,136 | 16,408.2 | 15,482.2 | 15,634.6 | 6,985.2 | 6,165 | 6,199.3 | 5,817.7 | 5,927.3 | 5,696.7 | 2,354 | 2,116.9 | 1,926.6 | 1,483.9 |
Operating Income
| 28,686 | 22,877 | 30,467 | 32,448 | 28,798 | 30,378 | 22,278 | 27,425 | 29,249 | 33,060 | 19,599 | 31,968 | 13,160 | 12,880 | 14,645 | 15,978 | 2,612 | 15,578 | 13,373 | 12,581 | 10,870 | 7,407 | 14,877 | 11,473 | 12,965 | 14,574 | 6,627 | 5,341.6 | 6,078.6 | 5,417.4 | 2,804.6 | 2,797.6 | 2,506.2 | 2,525.4 | 2,609.6 | 2,012.8 | 2,244.5 | 2,346.1 | 2,463.9 | 2,324.5 |
Operating Income Ratio
| 0.213 | 0.171 | 0.223 | 0.243 | 0.224 | 0.23 | 0.17 | 0.218 | 0.232 | 0.251 | 0.154 | 0.265 | 0.114 | 0.116 | 0.137 | 0.148 | 0.027 | 0.167 | 0.152 | 0.181 | 0.165 | 0.11 | 0.222 | 0.172 | 0.2 | 0.25 | 0.21 | 0.177 | 0.208 | 0.194 | 0.203 | 0.215 | 0.198 | 0.206 | 0.212 | 0.176 | 0.206 | 0.228 | 0.248 | 0.256 |
Total Other Income Expenses Net
| -5,707 | -5,890 | -2,196 | -3,028 | -4,831 | -7,645 | -2,655 | -6,831 | -8,263 | -4,820 | -4,329 | -2,691 | -4,047 | -2,397 | -1,961 | -2,458 | -969 | -1,033 | -1,181 | -913 | -564 | -1,151 | -7,343 | -8,117 | 4,854 | -1,406 | -1,628 | -1,357.5 | -1,167.4 | -882.4 | -517.8 | -524 | -480.5 | -529 | -627.5 | -467.3 | -397.7 | -391.7 | -392.3 | -421.2 |
Income Before Tax
| 22,979 | 16,987 | 28,271 | 29,420 | 23,967 | 22,733 | 19,623 | 20,594 | 20,986 | 28,240 | 15,270 | 29,277 | 9,897 | 10,483 | 12,684 | 13,520 | 1,643 | 14,545 | 12,192 | 11,449 | 10,306 | 6,256 | 7,534 | 3,356 | 17,819 | 13,168 | 4,999 | 3,984.1 | 4,911.2 | 4,535 | 2,286.8 | 2,273.6 | 2,025.7 | 1,996.4 | 1,982.1 | 1,545.5 | 1,846.8 | 1,954.4 | 2,071.6 | 1,903.3 |
Income Before Tax Ratio
| 0.17 | 0.127 | 0.207 | 0.22 | 0.187 | 0.172 | 0.15 | 0.163 | 0.167 | 0.215 | 0.12 | 0.243 | 0.085 | 0.095 | 0.119 | 0.125 | 0.017 | 0.156 | 0.138 | 0.165 | 0.157 | 0.093 | 0.112 | 0.05 | 0.275 | 0.226 | 0.158 | 0.132 | 0.168 | 0.162 | 0.166 | 0.175 | 0.16 | 0.163 | 0.161 | 0.135 | 0.17 | 0.19 | 0.209 | 0.21 |
Income Tax Expense
| 5,030 | 4,892 | 6,523 | 6,802 | 5,619 | 2,945 | 3,584 | -9,956 | 7,378 | 9,865 | 3,314 | 5,730 | -660 | 285 | 2,467 | 1,210 | 3,331 | 3,982 | 2,674 | 3,210 | 2,851 | 1,252 | 1,618 | 2,176 | 7,009 | 2,557 | 2,008.1 | 1,529.2 | 1,011.2 | 1,147.6 | 884.9 | 792 | 643.5 | 664.8 | 669.6 | 471 | 530 | 714 | 904.5 | 810.4 |
Net Income
| 17,506 | 11,614 | 21,256 | 22,065 | 17,801 | 19,265 | 15,528 | 30,101 | 13,127 | 17,879 | 9,625 | 11,497 | 875 | 2,404 | 2,549 | 3,651 | 6,428 | 5,521 | 6,197 | 7,397 | 7,831 | 3,077 | 4,079 | 389 | 11,797 | 4,202 | 2,965 | 2,454.9 | 1,739.4 | 1,858.3 | -754.8 | 1,403.4 | 1,340.6 | 1,331.6 | 1,312.5 | 1,074.5 | 1,316.8 | 1,240.4 | 1,167.1 | 1,092.9 |
Net Income Ratio
| 0.13 | 0.087 | 0.155 | 0.165 | 0.139 | 0.146 | 0.119 | 0.239 | 0.104 | 0.136 | 0.076 | 0.095 | 0.008 | 0.022 | 0.024 | 0.034 | 0.066 | 0.059 | 0.07 | 0.106 | 0.119 | 0.046 | 0.061 | 0.006 | 0.182 | 0.072 | 0.094 | 0.081 | 0.06 | 0.067 | -0.055 | 0.108 | 0.106 | 0.108 | 0.107 | 0.094 | 0.121 | 0.12 | 0.118 | 0.12 |
EPS
| 4.15 | 2.76 | 5.06 | 5.32 | 4.3 | 4.66 | 3.76 | 7.37 | 3.22 | 4.38 | 2.42 | 4.01 | 0.31 | 0.85 | 0.9 | 1.29 | 2.26 | 1.91 | 2.13 | 2.67 | 2.83 | 1.12 | 1.49 | 0.14 | 4.34 | 1.53 | 1.89 | 1.58 | 1.86 | 2.13 | -0.86 | -0.42 | 1.57 | 1.71 | 1.69 | 1.36 | 1.67 | 1.56 | 1.47 | 1.37 |
EPS Diluted
| 4.15 | 2.75 | 5.06 | 5.32 | 4.3 | 4.65 | 3.76 | 7.36 | 3.21 | 4.37 | 2.42 | 4 | 0.31 | 0.85 | 0.9 | 1.29 | 2.26 | 1.9 | 2.12 | 2.65 | 2.79 | 1.12 | 1.49 | 0.14 | 4.31 | 1.51 | 1.86 | 1.57 | 1.84 | 2.13 | -0.86 | -0.42 | 1.57 | 1.71 | 1.69 | 1.36 | 1.67 | 1.56 | 1.47 | 1.37 |
EBITDA
| 47,520 | 40,136 | 48,597 | 52,871 | 48,109 | 47,999 | 47,040 | 46,538 | 45,768 | 49,177 | 36,718 | 48,550 | 28,928 | 29,806 | 31,510 | 33,156 | 18,072 | 30,751 | 29,086 | 27,193 | 26,145 | 22,660 | 23,946 | 20,155 | 25,226 | 24,464 | 16,272 | 11,095.7 | 11,357 | 10,651.4 | 5,456.7 | 5,342.7 | 4,923.6 | 4,824.1 | 4,986.8 | 4,432.7 | 4,598.5 | 4,463 | 4,390.5 | 3,808.4 |
EBITDA Ratio
| 0.353 | 0.3 | 0.355 | 0.396 | 0.375 | 0.364 | 0.359 | 0.369 | 0.363 | 0.374 | 0.289 | 0.403 | 0.25 | 0.269 | 0.296 | 0.308 | 0.186 | 0.329 | 0.33 | 0.391 | 0.398 | 0.336 | 0.357 | 0.302 | 0.39 | 0.42 | 0.515 | 0.367 | 0.39 | 0.381 | 0.396 | 0.411 | 0.389 | 0.393 | 0.405 | 0.387 | 0.423 | 0.433 | 0.443 | 0.419 |