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Verizon Communications Inc.
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Financials
Income Statement
Revenue
Net income
(USD) | Mar 2024info | Y/Y change |
---|---|---|
Revenue | 32.98B | 0.21% |
Operating expense | 12.48B | 5.68% |
Net income | 4.60B | -6.25% |
Net profit margin | 13.95 | -6.50% |
Earnings per share | 1.15 | -4.17% |
EBITDA | 12.07B | 1.32% |
Effective tax rate | 22.27% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Mar 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.42B | 3.15% |
Total assets | 380.16B | 0.65% |
Total liabilities | 284.43B | 0.33% |
Total equity | 95.73B | — |
Shares outstanding | 4.21B | — |
Price to book | 1.80 | — |
Return on assets | 5.01% | — |
Return on capital | 6.95% | — |
Cash Flow
Net change in cash
(USD) | Mar 2024info | Y/Y change |
---|---|---|
Net income | 4.60B | -6.25% |
Cash from operations | 7.08B | -14.54% |
Cash from investing | -5.24B | 14.16% |
Cash from financing | -1.43B | 40.08% |
Net change in cash | 411.00M | 301.47% |
Free cash flow | -1.36B | 26.49% |
Previous close
$40.41
Day range
$40.22 - $40.59
Year range
$30.14 - $43.42
Market cap
170.14B USD
Avg Volume
15.84M
P/E ratio
15.07
Dividend yield
6.58%
Primary exchange
NYSE
About
Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate. The company is incorporated in Delaware, and headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City. Verizon's capital stock is a component of the Dow Jones Industrial Average. It is the world's second-largest telecommunications company by revenue.
The company was formed in 1984 as Bell Atlantic as a result of the breakup of the Bell System into seven companies, each a Regional Bell Operating Company, commonly referred to as "Baby Bells." The company was originally headquartered in Philadelphia and operated in the states of Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and West Virginia.
In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country not already in Bell Atlantic's footprint. Wikipedia
Founded
Oct 7, 1983
Headquarters
Website
Employees
105,400