Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
42.22
+0.29 (0.69%)
At close: Nov 20, 2024, 4:00 PM
42.17
-0.05 (-0.12%)
Pre-market: Nov 21, 2024, 5:10 AM EST
Verizon Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Revenue | 134,237 | 133,974 | 136,835 | 133,613 | 128,292 | 131,868 | Upgrade
|
| Revenue Growth (YoY) | 0.11% | -2.09% | 2.41% | 4.15% | -2.71% | 0.77% | Upgrade
|
| Cost of Revenue | 53,568 | 54,805 | 59,133 | 56,301 | 51,201 | 54,726 | Upgrade
|
| Gross Profit | 80,669 | 79,169 | 77,702 | 77,312 | 77,091 | 77,142 | Upgrade
|
| Selling, General & Admin | 32,240 | 31,299 | 29,105 | 24,441 | 28,982 | 29,143 | Upgrade
|
| Operating Expenses | 50,142 | 48,902 | 46,204 | 40,647 | 45,702 | 45,825 | Upgrade
|
| Operating Income | 30,527 | 30,267 | 31,498 | 36,665 | 31,389 | 31,317 | Upgrade
|
| Interest Expense | -6,604 | -5,524 | -3,613 | -3,485 | -4,247 | -4,730 | Upgrade
|
| Interest & Investment Income | 347 | 354 | 146 | 48 | 65 | 121 | Upgrade
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| Earnings From Equity Investments | -58 | -53 | 44 | 145 | -45 | -15 | Upgrade
|
| Currency Exchange Gain (Loss) | 40 | 25 | -97 | - | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | -101 | -62 | 15 | 20 | -50 | -44 | Upgrade
|
| EBT Excluding Unusual Items | 24,151 | 25,007 | 27,993 | 33,393 | 27,112 | 26,649 | Upgrade
|
| Merger & Restructuring Charges | -2,509 | -1,368 | -304 | -209 | -221 | - | Upgrade
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| Impairment of Goodwill | -5,868 | -5,868 | -16 | - | - | -186 | Upgrade
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| Legal Settlements | -206 | -100 | - | - | - | - | Upgrade
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| Other Unusual Items | -974 | -684 | 598 | -3,764 | -2,924 | -3,730 | Upgrade
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| Pretax Income | 14,594 | 16,987 | 28,271 | 29,420 | 23,967 | 22,733 | Upgrade
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| Income Tax Expense | 4,332 | 4,892 | 6,523 | 6,802 | 5,619 | 2,945 | Upgrade
|
| Earnings From Continuing Operations | 10,262 | 12,095 | 21,748 | 22,618 | 18,348 | 19,788 | Upgrade
|
| Minority Interest in Earnings | -466 | -481 | -492 | -553 | -547 | -523 | Upgrade
|
| Net Income | 9,796 | 11,614 | 21,256 | 22,065 | 17,801 | 19,265 | Upgrade
|
| Net Income to Common | 9,796 | 11,614 | 21,256 | 22,065 | 17,801 | 19,265 | Upgrade
|
| Net Income Growth | -53.12% | -45.36% | -3.67% | 23.95% | -7.60% | 24.07% | Upgrade
|
| Shares Outstanding (Basic) | 4,217 | 4,211 | 4,202 | 4,148 | 4,140 | 4,138 | Upgrade
|
| Shares Outstanding (Diluted) | 4,220 | 4,215 | 4,204 | 4,150 | 4,142 | 4,140 | Upgrade
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| Shares Change (YoY) | 0.19% | 0.26% | 1.30% | 0.19% | 0.05% | 0.19% | Upgrade
|
| EPS (Basic) | 2.32 | 2.76 | 5.06 | 5.32 | 4.30 | 4.66 | Upgrade
|
| EPS (Diluted) | 2.31 | 2.75 | 5.06 | 5.32 | 4.30 | 4.65 | Upgrade
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| EPS Growth | -53.44% | -45.64% | -4.90% | 23.71% | -7.53% | 23.67% | Upgrade
|
| Free Cash Flow | 18,535 | 18,708 | 14,054 | 19,253 | 23,576 | 17,807 | Upgrade
|
| Free Cash Flow Per Share | 4.39 | 4.44 | 3.34 | 4.64 | 5.69 | 4.30 | Upgrade
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| Dividend Per Share | 2.672 | 2.635 | 2.585 | 2.535 | 2.485 | 2.435 | Upgrade
|
| Dividend Growth | 1.91% | 1.93% | 1.97% | 2.01% | 2.05% | 2.10% | Upgrade
|
| Gross Margin | 60.09% | 59.09% | 56.79% | 57.86% | 60.09% | 58.50% | Upgrade
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| Operating Margin | 22.74% | 22.59% | 23.02% | 27.44% | 24.47% | 23.75% | Upgrade
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| Profit Margin | 7.30% | 8.67% | 15.53% | 16.51% | 13.88% | 14.61% | Upgrade
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| Free Cash Flow Margin | 13.81% | 13.96% | 10.27% | 14.41% | 18.38% | 13.50% | Upgrade
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| EBITDA | 48,429 | 47,870 | 48,597 | 52,871 | 48,109 | 47,999 | Upgrade
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| EBITDA Margin | 36.08% | 35.73% | 35.52% | 39.57% | 37.50% | 36.40% | Upgrade
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| D&A For EBITDA | 17,902 | 17,603 | 17,099 | 16,206 | 16,720 | 16,682 | Upgrade
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| EBIT | 30,527 | 30,267 | 31,498 | 36,665 | 31,389 | 31,317 | Upgrade
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| EBIT Margin | 22.74% | 22.59% | 23.02% | 27.44% | 24.47% | 23.75% | Upgrade
|
| Effective Tax Rate | 29.68% | 28.80% | 23.07% | 23.12% | 23.44% | 12.95% | Upgrade
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| Revenue as Reported | 134,237 | 133,974 | 136,835 | 133,613 | 128,292 | 131,868 | Upgrade
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| Advertising Expenses | - | 3,847 | 3,556 | 3,394 | 3,107 | 3,071 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.