Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
42.76
+0.27 (0.64%)
At close: Feb 21, 2025, 4:00 PM
42.85
+0.09 (0.21%)
After-hours: Feb 21, 2025, 6:03 PM EST
Verizon Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Revenue | 134,788 | 133,974 | 136,835 | 133,613 | 128,292 | Upgrade
|
| Revenue Growth (YoY) | 0.61% | -2.09% | 2.41% | 4.15% | -2.71% | Upgrade
|
| Cost of Revenue | 53,908 | 54,805 | 59,133 | 56,301 | 51,201 | Upgrade
|
| Gross Profit | 80,880 | 79,169 | 77,702 | 77,312 | 77,091 | Upgrade
|
| Selling, General & Admin | 32,089 | 30,980 | 30,136 | 24,441 | 28,982 | Upgrade
|
| Operating Expenses | 49,981 | 48,583 | 47,235 | 40,647 | 45,702 | Upgrade
|
| Operating Income | 30,899 | 30,586 | 30,467 | 36,665 | 31,389 | Upgrade
|
| Interest Expense | -6,649 | -5,524 | -3,613 | -3,485 | -4,247 | Upgrade
|
| Interest & Investment Income | 336 | 354 | 146 | 48 | 65 | Upgrade
|
| Earnings From Equity Investments | -53 | -53 | 44 | 145 | -45 | Upgrade
|
| Currency Exchange Gain (Loss) | -50 | 25 | - | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | -208 | -62 | 2,304 | 20 | -50 | Upgrade
|
| EBT Excluding Unusual Items | 24,275 | 25,326 | 29,348 | 33,393 | 27,112 | Upgrade
|
| Merger & Restructuring Charges | -2,107 | -1,687 | - | -209 | -221 | Upgrade
|
| Impairment of Goodwill | - | -5,868 | - | - | - | Upgrade
|
| Legal Settlements | -106 | -100 | - | - | - | Upgrade
|
| Other Unusual Items | 917 | -684 | -1,077 | -3,764 | -2,924 | Upgrade
|
| Pretax Income | 22,979 | 16,987 | 28,271 | 29,420 | 23,967 | Upgrade
|
| Income Tax Expense | 5,030 | 4,892 | 6,523 | 6,802 | 5,619 | Upgrade
|
| Earnings From Continuing Operations | 17,949 | 12,095 | 21,748 | 22,618 | 18,348 | Upgrade
|
| Minority Interest in Earnings | -443 | -481 | -492 | -553 | -547 | Upgrade
|
| Net Income | 17,506 | 11,614 | 21,256 | 22,065 | 17,801 | Upgrade
|
| Net Income to Common | 17,506 | 11,614 | 21,256 | 22,065 | 17,801 | Upgrade
|
| Net Income Growth | 50.73% | -45.36% | -3.67% | 23.95% | -7.60% | Upgrade
|
| Shares Outstanding (Basic) | 4,218 | 4,211 | 4,202 | 4,148 | 4,140 | Upgrade
|
| Shares Outstanding (Diluted) | 4,223 | 4,215 | 4,204 | 4,150 | 4,142 | Upgrade
|
| Shares Change (YoY) | 0.19% | 0.26% | 1.30% | 0.19% | 0.05% | Upgrade
|
| EPS (Basic) | 4.15 | 2.76 | 5.06 | 5.32 | 4.30 | Upgrade
|
| EPS (Diluted) | 4.14 | 2.75 | 5.06 | 5.32 | 4.30 | Upgrade
|
| EPS Growth | 50.55% | -45.64% | -4.90% | 23.71% | -7.53% | Upgrade
|
| Free Cash Flow | 19,822 | 18,708 | 14,054 | 19,253 | 23,576 | Upgrade
|
| Free Cash Flow Per Share | 4.69 | 4.44 | 3.34 | 4.64 | 5.69 | Upgrade
|
| Dividend Per Share | 2.685 | 2.635 | 2.585 | 2.535 | 2.485 | Upgrade
|
| Dividend Growth | 1.90% | 1.93% | 1.97% | 2.01% | 2.05% | Upgrade
|
| Gross Margin | 60.01% | 59.09% | 56.79% | 57.86% | 60.09% | Upgrade
|
| Operating Margin | 22.92% | 22.83% | 22.27% | 27.44% | 24.47% | Upgrade
|
| Profit Margin | 12.99% | 8.67% | 15.53% | 16.51% | 13.88% | Upgrade
|
| Free Cash Flow Margin | 14.71% | 13.96% | 10.27% | 14.41% | 18.38% | Upgrade
|
| EBITDA | 48,791 | 48,189 | 47,566 | 52,871 | 48,109 | Upgrade
|
| EBITDA Margin | 36.20% | 35.97% | 34.76% | 39.57% | 37.50% | Upgrade
|
| D&A For EBITDA | 17,892 | 17,603 | 17,099 | 16,206 | 16,720 | Upgrade
|
| EBIT | 30,899 | 30,586 | 30,467 | 36,665 | 31,389 | Upgrade
|
| EBIT Margin | 22.92% | 22.83% | 22.27% | 27.44% | 24.47% | Upgrade
|
| Effective Tax Rate | 21.89% | 28.80% | 23.07% | 23.12% | 23.44% | Upgrade
|
| Revenue as Reported | 134,788 | 133,974 | 136,835 | 133,613 | 128,292 | Upgrade
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| Advertising Expenses | 3,976 | 3,847 | 3,556 | 3,394 | 3,107 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.