Verizon Communications, Inc. (VZ)

NYSE: VZ · IEX Real-Time Price · USD
38.33
-0.65 (-1.67%)
At close: Dec 1, 2022 4:00 PM
38.27
-0.06 (-0.16%)
Pre-market: Dec 2, 2022 5:19 AM EST

Income Statement (Annual)

Millions USD. Fiscal year is Jan - Dec.
Year 2021202020192018201720162015201420132012 2011 - 1994
Revenue
133,613128,292131,868130,863126,034125,980131,620127,079120,550115,846
Revenue Growth (YoY)
4.15%-2.71%0.77%3.83%0.04%-4.29%3.57%5.42%4.06%4.48%
Cost of Revenue
56,30151,20154,72655,50853,06352,70152,55749,93144,88746,275
Gross Profit
77,31277,09177,14275,35572,97173,27979,06377,14875,66369,571
Selling, General & Admin
28,65831,57329,89631,08328,59228,10229,98641,01627,08939,951
Other Operating Expenses
16,20616,72016,86821,99416,95415,92816,01716,53316,60616,460
Operating Expenses
44,86448,29346,76453,07745,54644,03046,00357,54943,69556,411
Operating Income
32,44828,79830,37822,27827,42529,24933,06019,59931,96813,160
Interest Expense / Income
3,4854,2474,7304,8334,7334,3764,9204,9152,6672,571
Other Expense / Income
961,1313,438-1,6672,5474,3683961,74512,07410,374
Pretax Income
28,86723,42022,21019,11220,14520,50527,74412,93917,227215
Income Tax
6,8025,6192,9453,584-9,9567,3789,8653,3145,730-660
Net Income
22,06517,80119,26515,52830,10113,12717,8799,62511,497875
Net Income Common
22,06517,80119,26515,52830,10113,12717,8799,62511,497875
Net Income Growth
23.95%-7.60%24.07%-48.41%129.31%-26.58%85.76%-16.28%1213.94%-63.60%
Shares Outstanding (Basic)
4,1484,1404,1384,1284,0844,0804,0853,9742,8662,853
Shares Outstanding (Diluted)
4,1504,1424,1404,1324,0894,0864,0933,9812,8742,862
Shares Change
0.19%0.05%0.19%1.05%0.07%-0.17%2.81%38.52%0.42%0.81%
EPS (Basic)
5.324.304.663.767.373.224.382.424.010.31
EPS (Diluted)
5.324.304.653.767.363.214.372.424.000.31
EPS Growth
23.72%-7.53%23.67%-48.91%129.28%-26.55%80.58%-39.50%1190.32%-63.53%
Free Cash Flow Per Share
4.645.704.304.281.731.145.203.387.755.37
Dividend Per Share
2.5222.4732.4232.3722.3212.2722.7652.1402.0752.015
Dividend Growth
1.98%2.06%2.15%2.20%2.16%-17.83%29.21%3.13%2.98%2.65%
Gross Margin
57.90%60.10%58.50%57.60%57.90%58.20%60.10%60.70%62.80%60.10%
Operating Margin
24.30%22.40%23.00%17.00%21.80%23.20%25.10%15.40%26.50%11.40%
Profit Margin
16.50%13.90%14.60%11.90%23.90%10.40%13.60%7.60%9.50%0.80%
Free Cash Flow Margin
14.40%18.40%13.50%13.50%5.60%3.70%16.10%10.60%18.40%13.20%
Effective Tax Rate
23.56%23.99%13.26%18.75%-49.42%35.98%35.56%25.61%33.26%-306.98%
EBITDA
48,55844,38743,62241,34841,83240,80948,68134,38736,50019,246
EBITDA Margin
36.30%34.60%33.10%31.60%33.20%32.40%37.00%27.10%30.30%16.60%
Depreciation & Amortization
16,20616,72016,68217,40316,95415,92816,01716,53316,60616,460
EBIT
32,35227,66726,94023,94524,87824,88132,66417,85419,8942,786
EBIT Margin
24.20%21.60%20.40%18.30%19.70%19.70%24.80%14.00%16.50%2.40%
Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).