verizon communications inc. - VZ

VZ

Close Chg Chg %
42.22 0.29 0.68%

Closed Market

42.51

+0.29 (0.68%)

Volume: 12.53M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: verizon communications inc. - VZ

VZ Key Data

Open

$42.14

Day Range

42.01 - 42.75

52 Week Range

36.46 - 45.36

Market Cap

$177.73B

Shares Outstanding

4.21B

Public Float

4.21B

Beta

0.42

Rev. Per Employee

N/A

P/E Ratio

18.20

EPS

$2.32

Yield

632.99%

Dividend

$0.68

EX-DIVIDEND DATE

Oct 10, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

19.33M

 

VZ Performance

1 Week
 
1.37%
 
1 Month
 
2.03%
 
3 Months
 
2.45%
 
1 Year
 
12.86%
 
5 Years
 
-29.34%
 

VZ Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About verizon communications inc. - VZ

Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services. It operates through the Consumer and Business segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wireline communications services and products, including FWA broadband, data, video and conferencing services, corporate networking solutions, security and managed network services, local and long-distance voice services, and network access to deliver various IoT services and products. The company was founded in 1983 and is headquartered in New York, NY.

VZ At a Glance

Verizon Communications, Inc.
1095 Avenue of the Americas
New York, New York 10036
Phone 1-212-395-1000 Revenue 133.97B
Industry Wireless Telecommunications Net Income 11.61B
Sector Communications Employees 105,400
Fiscal Year-end 12 / 2024
View SEC Filings

VZ Valuation

P/E Current 18.202
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 13.682
Price to Sales Ratio 1.186
Price to Book Ratio 1.715
Price to Cash Flow Ratio 4.24
Enterprise Value to EBITDA 7.145
Enterprise Value to Sales 2.477
Total Debt to Enterprise Value 0.527

VZ Efficiency

Revenue/Employee 1,271,100.569
Income Per Employee 110,189.753
Receivables Turnover 5.227
Total Asset Turnover 0.353

VZ Liquidity

Current Ratio 0.64
Quick Ratio 0.601
Cash Ratio 0.062

VZ Profitability

Gross Margin 45.877
Operating Margin 21.52
Pretax Margin 12.679
Net Margin 8.669
Return on Assets 3.057
Return on Equity 12.653
Return on Total Capital 4.344
Return on Invested Capital 4.613

VZ Capital Structure

Total Debt to Total Equity 189.27
Total Debt to Total Capital 65.43
Total Debt to Total Assets 46.006
Long-Term Debt to Equity 170.619
Long-Term Debt to Total Capital 58.983
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Verizon Communications Inc. - VZ

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
128.29B 133.61B 136.84B 133.97B
Sales Growth
-2.71% +4.15% +2.41% -2.09%
Cost of Goods Sold (COGS) incl D&A
67.92B 72.51B 76.23B 72.51B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
16.72B 16.21B 17.10B 17.62B
Depreciation
14.28B 14.12B 14.59B 14.94B
Amortization of Intangibles
2.44B 2.09B 2.51B 2.69B
COGS Growth
-4.88% +6.75% +5.14% -4.88%
Gross Income
60.37B 61.11B 60.60B 61.46B
Gross Income Growth
-0.15% +1.22% -0.82% +1.42%
Gross Profit Margin
+47.06% +45.73% +44.29% +45.88%
2020 2021 2022 2023 5-year trend
SG&A Expense
30.50B 29.14B 30.14B 32.63B
Research & Development
- - - -
-
Other SG&A
30.50B 29.14B 30.14B 32.63B
SGA Growth
+3.65% -4.47% +3.41% +8.28%
Other Operating Expense
- - - -
-
Unusual Expense
1.30B 3.75B 1.11B 5.64B
EBIT after Unusual Expense
28.57B 28.21B 29.36B 23.19B
Non Operating Income/Expense
(329.00M) 4.70B 2.49B (674.00M)
Non-Operating Interest Income
65.00M 48.00M 146.00M 354.00M
Equity in Earnings of Affiliates
(45.00M) 145.00M 44.00M (53.00M)
Interest Expense
4.27B 3.50B 3.58B 5.53B
Interest Expense Growth
-9.64% -18.16% +2.40% +54.24%
Gross Interest Expense
4.83B 5.34B 5.61B 7.34B
Interest Capitalized
555.00M 1.84B 2.03B 1.82B
Pretax Income
23.97B 29.42B 28.27B 16.99B
Pretax Income Growth
+5.43% +22.75% -3.91% -39.91%
Pretax Margin
+18.68% +22.02% +20.66% +12.68%
Income Tax
5.62B 6.80B 6.52B 4.89B
Income Tax - Current - Domestic
3.91B 2.29B 3.35B 2.29B
Income Tax - Current - Foreign
159.00M 248.00M 201.00M 219.00M
Income Tax - Deferred - Domestic
1.55B 4.36B 3.00B 2.36B
Income Tax - Deferred - Foreign
1.00M (97.00M) (22.00M) 28.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(45.00M) 145.00M 44.00M (53.00M)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
18.35B 22.62B 21.75B 12.10B
Minority Interest Expense
547.00M 553.00M 492.00M 481.00M
Net Income
17.80B 22.07B 21.26B 11.61B
Net Income Growth
-7.60% +23.95% -3.67% -45.36%
Net Margin Growth
+13.88% +16.51% +15.53% +8.67%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
17.80B 22.07B 21.26B 11.61B
Preferred Dividends
- - - -
-
Net Income Available to Common
17.80B 22.07B 21.26B 11.61B
EPS (Basic)
4.2998 5.3194 5.0585 2.758
EPS (Basic) Growth
-7.64% +23.71% -4.90% -45.48%
Basic Shares Outstanding
4.14B 4.15B 4.20B 4.21B
EPS (Diluted)
4.2977 5.3169 5.0561 2.7554
EPS (Diluted) Growth
-7.64% +23.72% -4.91% -45.50%
Diluted Shares Outstanding
4.14B 4.15B 4.20B 4.21B
EBITDA
46.59B 48.17B 47.57B 46.45B
EBITDA Growth
-2.36% +3.40% -1.26% -2.34%
EBITDA Margin
+36.31% +36.05% +34.76% +34.67%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 46.747
Number of Ratings 27 Current Quarters Estimate 1.106
FY Report Date 12 / 2024 Current Year's Estimate 4.585
Last Quarter’s Earnings 1.19 Median PE on CY Estimate N/A
Year Ago Earnings 4.71 Next Fiscal Year Estimate 4.729
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 12 20 20
Mean Estimate 1.11 1.16 4.58 4.73
High Estimates 1.17 1.20 4.66 4.96
Low Estimate 1.06 1.11 4.35 4.44
Coefficient of Variance 2.39 2.50 1.40 3.09

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 9
OVERWEIGHT 4 4 4
HOLD 14 14 12
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Verizon Communications Inc. - VZ

Date Name Shares Transaction Value
Nov 13, 2024 Hans Erik Vestberg Chairman and CEO; Director 166,594 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Kyle J. Malady EVP and Group CEO-VZ Business 359,427 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Anthony T. Skiadas EVP and CFO 111,670 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Joseph Russo EVP&Pres-Global Networks&Tech 51,281 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Vandana Venkatesh EVP-PubPol&ChiefLegalOfficer 36,976 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Samantha Hammock EVP & Chief HR Officer 19,607 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 8, 2024 Shankar Arumugavelu EVP-Verizon Global Services 197,640 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 8, 2024 Sowmyanarayan Sampath EVP and Group CEO-VZ Consumer 107,530 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 8, 2024 Mary-Lee Stillwell SVP and Controller 7,583 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 24, 2024 Craig Silliman EVP&Pres.-VZ Global Services 212,363 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Anthony T. Skiadas EVP and CFO 83,210 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $40.2 per share 3,345,042.00
Mar 6, 2024 Anthony T. Skiadas EVP and CFO 100,842 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2024 Anthony T. Skiadas EVP and CFO 6,235 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2024 Anthony T. Skiadas EVP and CFO 63,638 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2024 Anthony T. Skiadas EVP and CFO 84,578 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Laxman Narasimhan Director 20,200 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Anthony T. Skiadas EVP and CFO 72,067 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2024 Anthony T. Skiadas EVP and CFO 65,832 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $40.2 per share 2,646,446.40
Mar 6, 2024 Melanie Liddle Healey Director 68,832 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Roxanne Schuh Austin Director 23,157 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Verizon Communications Inc. in the News