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$38.78+0.53 (+1.37%)17 Jan 2025, 19:12
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Verizon Communications INC Fundamentals
| Company Name | Verizon Communications INC | Last Updated | 2025-01-17 |
|---|---|---|---|
| Industry | Telecom Services | Sector | Communication Services |
| Shares in Issue | 4.210 bn | Market Cap | $163.23 bn |
| PE Ratio | 16.56 | Dividend per Share | $2.64 |
| Dividend Yield | 7.02 | Dividend Cover | 1.04 |
| EPS | $2.75 | EPS Growth (%) | -0.30 |
| PEG | 1.01 | DPS Growth (%) | 0.0193 |
| Debt Ratio | 0.4570 | Debt Equity Ratio | 1.5377 |
| Asset Equity Ratio | 3.9026 | Cash Equity Ratio | 0.0511 |
| Quick Ratio | 0.5005 | Current Ratio | 0.66 |
| Price To Book Value | 1.6717 | ROCE | 0 |
Verizon Communications INC Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Prelim | 2025-01-10 | 2025-02-03 | USD | 0.6775 | |
| Interim | 2024-10-10 | 2024-11-01 | USD | 0.6775 | |
| Interim | 2024-07-10 | 2024-08-01 | USD | 0.6650 | |
| Interim | 2024-04-09 | 2024-05-01 | USD | 0.6650 | |
| Prelim | 2024-01-09 | 2024-02-01 | USD | 0.6650 | |
| Interim | 2023-10-09 | 2023-11-01 | USD | 0.6650 | |
| Interim | 2023-07-07 | 2023-08-01 | USD | 0.6525 | |
| Interim | 2023-04-06 | 2023-05-01 | USD | 0.6525 | |
| Prelim | 2023-01-09 | 2023-02-01 | USD | 0.6525 | |
| Interim | 2022-10-06 | 2022-11-01 | USD | 0.6525 | |
| Interim | 2022-07-07 | 2022-08-01 | USD | 0.6400 | |
| Interim | 2022-04-07 | 2022-05-02 | USD | 0.6400 | |
| Prelim | 2022-01-07 | 2022-02-01 | USD | 0.6400 |
Verizon Communications INC Company Financials
| Assets | 2023 | 2022 |
|---|---|---|
| Tangible Assets | $133.04 bn | $133.56 bn |
| Intangible Assets | $189.57 bn | $189.93 bn |
| Investments | 0 | 0 |
| Total Fixed Assets | $343.44 bn | $341.82 bn |
| Stocks | $2.06 bn | $2.39 bn |
| Debtors | 0 | 0 |
| Cash & Equivalents | $2.06 bn | $2.60 bn |
| Other Assets | 0 | 0 |
| Total Assets | $380.25 bn | $379.68 bn |
| Liabilities | 2023 | 2022 |
|---|---|---|
| Creditors within 1 year | $53.22 bn | $50.17 bn |
| Creditors after 1 year | $233.23 bn | $237.05 bn |
| Other Liabilities | 0 | 0 |
| Total Liabilities | $286.46 bn | $287.22 bn |
| Net assets | $93.80 bn | $92.46 bn |
| Equity | 2023 | 2022 |
|---|---|---|
| Called up share capital | $429.00 m | $429.00 m |
| Share Premium | $13.63 bn | $13.42 bn |
| Profit / Loss | $16.99 bn | $28.27 bn |
| Other Equity | $92.43 bn | $91.14 bn |
| Preference & Minorities | $1.37 bn | $1.32 bn |
| Total Capital Employed | $93.80 bn | $92.46 bn |
| Ratios | 2023 | 2022 |
|---|---|---|
| Debt Ratio | $0.63 | $0.64 |
| Debt-to-Equity | $1.71 | $1.78 |
| Assets / Equity | 3.9026 | 3.9026 |
| Cash / Equity | 0.0511 | 0.0511 |
| EPS | $3.70 | $5.26 |
| Cash Flow | 2023 | 2022 |
|---|---|---|
| Cash from operating activities | $37.48 bn | $37.14 bn |
| Cashflow before financing | $22.82 bn | $28.61 bn |
| Increase in Cash | -$614.00 m | -$50.00 m |
| Income | 2023 | 2022 |
|---|---|---|
| Turnover | $133.97 bn | $136.84 bn |
| Cost of sales | $54.89 bn | $59.13 bn |
| Gross Profit | $79.09 bn | $77.70 bn |
| Operating Profit | $22.88 bn | $30.47 bn |
| Pre-Tax profit | $16.99 bn | $28.27 bn |
Verizon Communications INC Company Background
| Sector | Communication Services |
|---|---|
| Activities | Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024. |
| Latest Interim Date | 22 Jul 2024 |
| Latest Fiscal Year End Date | 24 Jan 2025 |
Verizon Communications INC Directors
| Appointed | Name | Position |
|---|---|---|
| 2024-03-01 | Ms. Carol B. Tome | Director |
| 2009-10-30 | Ms. Catherine T. Webster | SVP and Treasurer |
| 2003-12-31 | Mr. Charles R Lee | Director |
| 2024-03-01 | Mr. Daniel H. Schulman | Director |
| 2015-12-31 | Mr. Daniel S. Mead | EVP&Pres. of Strat Initiatives |
| 2016-03-04 | Mr. Donald T. Nicolaisen | Director |
| 2009-12-28 | Mr. Dennis F. Strigl | President and COO |
| 2009-06-26 | Ms. Doreen A. Toben | Executive Vice President |
| 2018-03-06 | Mr. Gregory D. Wasson | Director |
| 2011-12-23 | Mr. Ivan G. Seidenberg | Director, Chairman |
| 2010-12-27 | Mr. John F. Killian | Executive Vice President |
| 2007-02-01 | Mr. James R. Barker | Director |
| 2020-03-02 | Ms. Kathryn A. Tesija | Director |
| 2012-12-21 | Mr. John W. Diercksen | EVP - Strat, Dev and Plng |
| 2012-03-02 | Mr. John W Snow | Director |
| 2011-02-03 | Mr. John R Stafford | Director |
| 2014-03-07 | Mr. Joseph Neubauer | Director |
| 2006-12-29 | Mr. Lawrence T. Babbio,Jr | Vice Chairman and President |
| 2019-06-27 | Mr. Marc C. Reed | EVP & Chief Admin. Officer |
| 2019-03-08 | Ms. M. Frances Keeth | Director |
| 2019-03-08 | Mr. Lowell C. McAdam | Director |
| 2014-12-31 | Mr. Randal S. Milch | EVP - Pub Policy & Gen Counsel |
| 2010-10-15 | Mr. Richard J. Lynch | EVP & Chief Technology Officer |
| 2015-03-06 | Mr. Robert W Lane | Director |
| 2019-03-08 | Mr. Richard L. Carrion | Director |
| 2024-03-01 | Mr. Rodney Earl Slater | Director |
| 2012-12-21 | Mr. Thomas J. Tauke | EVP-Pub Aff., Policy and Comm |
| 2011-12-30 | Ms. Virginia P. Ruesterholz | EVP & Pres. - Verizon Services |
| 2007-08-01 | Mr. Walter V. Shipley | Director |
| 2024-03-01 | Mr. Clarence Otis, Jr | Director |
| 2008-12-26 | Mr. William P. Barr | Executive Vice President |
| 2004-12-17 | Mr. William F. Heitmann | |
| 2005-11-04 | Mr. David H. Benson | Sr VP & Cntlr (until 11/1/05) |
| 2014-03-07 | Mr. Hugh B Price | Director |
| 2024-03-01 | Mr. Mark T. Bertolini | Director |
| 2008-02-07 | Mr. Robert D. Storey | Director |
| 2010-11-26 | Mr. Shaygan Kheradpir | EVP & Chief Technology Officer |
| 2024-03-01 | Ms. Roxanne S. Austin | Director |
| 2003-02-03 | Mr. Russell E. Palmer | Director |
| 2014-03-07 | Dr. Sandra O. Moose,PhD | Director |
| 2009-02-20 | Mr. Thomas A. Bartlett | SVP and Controller |
| 2016-10-20 | Mr. Francis J. Shammo | EVP and CFO |
| 2018-05-31 | Mr. John G. Stratton | EVP&Pres - Global Operations |
| 2004-04-23 | Ms. Mary Beth Bardin | Exec VP - Pub Affairs and Comm |
| 2024-03-01 | Ms. Shellye L. Archambeau | Director |
| 2024-03-01 | Mr. Vittorio Amedeo Colao | Director |
| 2013-06-07 | Mr. Robert J. Barish | SVP and Controller |
| 2011-02-03 | Mr. Thomas H. O'Brien | Director |
| 2004-01-16 | Singer Ezra D | Exec. VP - Human Resources |
| 2021-12-22 | Mr. Ronan James Dunne | EVP and Group CEO-VZ Consumer |
| 2017-03-28 | Mr. Roger Gurnani | EVP&Chief Info&Tech Architect |
| 2014-12-31 | Mr. Anthony J. Melone | EVP & Chief Technology Officer |
| 2023-12-21 | Ms. Rima Qureshi | EVP & Chief Strategy Officer |
| 2024-06-20 | Mr. Craig L. Silliman | EVP&Pres.-VZ Global Services |
| 2018-03-06 | Dr. Karl-Ludwig Kley | Director |
| 2024-03-01 | Ms. Melanie L. Healey | Director |
| 2014-03-13 | Mr. W. Robert Mudge | Pres. - Cons. & Mass Bus. Mkts |
| 2015-03-06 | Mr. Roy H. Chestnutt, B.A.,B.Sc. ,M.B.A. | EVP - Strat, Dev and Plng |
| 2022-08-02 | Ms. Manon Brouillette | EVP and Group CEO-VZ Consumer |
| 2025-01-16 | Mr. Anthony T. Skiadas | EVP and CFO |
| 2017-12-28 | Ms. Marni M. Walden | EVP&Pres - Global Media |
| 2021-08-05 | Ms. Christine M Pambianchi | EVP & Chief HR Officer |
| 2024-03-01 | Mr. Laxman Narasimhan | Director |
| 2017-03-28 | Mr. Diego Scotti | EVP & Chief Marketing Officer |
| 2024-03-01 | Mr. Gregory G. Weaver | Director |
| 2023-04-27 | Mr. Matthew D Ellis | EVP and CFO |
| 2025-01-16 | Mr. Hans Erik Vestberg | Director, Chairman and CEO |
| 2025-01-16 | Ms. Mary-Lee Stillwell | SVP and Controller |
| 2021-08-19 | Mr. Kumara Guru Gowrappan | EVP and Group CEO-VZ Media |
| 2025-01-16 | Mr. Kyle Malady | EVP and Group CEO-VZ Business |
| 2022-06-23 | Ms. Tami A. Erwin | EVP and Group CEO-VZ Business |
| 2024-10-01 | Ms. Caroline A. Litchfield | Director |
| 2025-01-16 | Ms. Samantha Hammock | EVP & Chief HR Officer |
| 2025-01-16 | Mr. Sowmyanarayan Sampath | EVP and Group CEO-VZ Consumer |
| 2025-01-16 | Ms. Vandana Venkatesh | EVP-PubPol&ChiefLegalOfficer |
| 2025-01-16 | Mr. Joseph J. Russo | EVP&Pres-Global Networks&Tech |
Verizon Communications INC Contact Details
| Company Name | Verizon Communications Inc |
|---|---|
| Address | 1095 Avenue of the Americas, New York, 10036 |
| Telephone | +1 212 395-1000 |
| Website | https://www.verizon.com |
Verizon Communications INC Advisors
| Auditor | Ernst & Young LLP |
|---|---|
| Phone | +1 212 773-3000 |
| Fax | +1 212 773-6350 |
| Registrar | Computershare Trust Co (rhode Island) |
|---|
| Auditor | PricewaterhouseCoopers LLP |
|---|
| Auditor | Coopers & Lybrand |
|---|
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Market Overview
UK 350 Risers and Fallers
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| Bakkavor Group PLC | 143.00 | -4.03 |
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Risers/fallers data from previous trading day.