Verizon Communications Inc. (TSX:VZ)
Canada flag Canada · Delayed Price · Currency is CAD
18.03
-0.63 (-3.38%)
Oct 26, 2026, 3:51 PM EDT

Verizon Communications Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
139,387138,191134,788133,974136,835133,613
Revenue Growth
1.38%2.53%0.61%-2.09%2.41%4.15%
Gross Profit
83,26981,63180,88079,08777,70277,312
Operating Income
31,46431,64830,89930,18630,77136,665
Net Income
16,42017,17417,50611,61421,25622,065
Earnings Per Share
3.924.064.142.755.065.32
EPS Growth
-16.52%-1.93%50.54%-45.64%-4.90%23.71%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Consumer
107,563106,807102,904101,626103,50695,300
Business
28,38529,06929,53130,12231,07231,042
Corporate and Other
-2,6422,6092,4792,5107,722
Eliminations
--327-256-253-253-451
Revenue (Total)
139,387138,191134,788133,974136,835133,613

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4,49519,0484,1942,0652,6053,127
Total Debt
188,968184,814171,695178,597180,263178,942
Net Cash (Debt)
-184,473-165,766-167,501-176,532-177,658-175,815
Net Cash Growth
------
Net Cash Per Share
-43.98-39.18-39.66-41.88-42.26-42.37

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
39,05037,13736,91237,47537,14139,539
Capital Expenditures
-16,674-17,011-17,090-18,767-23,087-20,286
Free Cash Flow
22,37620,12619,82218,70814,05419,253
Free Cash Flow Growth
5.94%1.53%5.96%33.12%-27.00%-18.34%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
59.74%59.07%60.00%59.03%56.78%57.86%
Operating Margin
22.57%22.90%22.92%22.53%22.49%27.44%
Pretax Margin
15.74%16.41%17.05%12.68%20.66%22.02%
Profit Margin
11.78%12.43%12.99%8.67%15.53%16.51%
FCF Margin
16.05%14.56%14.71%13.96%10.27%14.41%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.1802.7352.6852.6352.5852.535
Dividend Per Share Growth
0.87%1.86%1.90%1.93%1.97%2.01%
Dividend Yield
6.55%6.72%6.71%6.99%6.56%4.88%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.0110.009.6213.657.799.89
P/FCF Ratio
7.908.538.498.4711.7711.33
PS Ratio
1.271.241.251.181.211.63