Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
46.36
-0.19 (-0.41%)
At close: Nov 13, 2026, 4:00 PM EST
46.35
-0.01 (-0.03%)
After-hours: Nov 13, 2026, 7:59 PM EST
Verizon Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 139,387 | 138,191 | 134,788 | 133,974 | 136,835 | 133,613 |
Revenue Growth | 1.38% | 2.53% | 0.61% | -2.09% | 2.41% | 4.15% |
Gross Profit Gross Profit Growth | 83,327 | 81,631 | 80,880 | 79,087 | 77,702 | 77,312 |
Operating Income Operating Income Growth | 32,568 | 31,648 | 30,899 | 30,186 | 30,771 | 36,665 |
Net Income Net Income Growth | 16,420 | 17,174 | 17,506 | 11,614 | 21,256 | 22,065 |
Earnings Per Share EPS Growth | 3.92 | 4.06 | 4.14 | 2.75 | 5.06 | 5.32 |
EPS Growth | -16.52% | -1.93% | 50.54% | -45.64% | -4.90% | 23.71% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Consumer Consumer Growth | 107,563 | 106,807 | 102,904 | 101,626 | 103,506 | 95,300 |
Business Business Growth | 28,385 | 29,069 | 29,531 | 30,122 | 31,072 | 31,042 |
Corporate and Other Corporate and Other Growth | 3,472 | 2,642 | 2,609 | 2,479 | 2,510 | 7,722 |
Eliminations Eliminations Growth | -322 | -327 | -256 | -253 | -253 | -451 |
Revenue (Total) Revenue (Total) Growth | 139,387 | 138,191 | 134,788 | 133,974 | 136,835 | 133,613 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 4,904 | 19,048 | 4,194 | 2,065 | 2,605 | 3,127 |
Total Debt Total Debt Growth | 195,294 | 184,814 | 171,695 | 178,597 | 180,263 | 178,942 |
Net Cash (Debt) Net Cash Growth | -190,390 | -165,766 | -167,501 | -176,532 | -177,658 | -175,815 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -45.39 | -39.18 | -39.66 | -41.88 | -42.26 | -42.37 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 39,050 | 37,137 | 36,912 | 37,475 | 37,141 | 39,539 |
Capital Expenditures CapEx Growth | -16,674 | -17,011 | -17,090 | -18,767 | -23,087 | -20,286 |
Free Cash Flow Free Cash Flow Growth | 22,376 | 20,126 | 19,822 | 18,708 | 14,054 | 19,253 |
Free Cash Flow Growth | 5.94% | 1.53% | 5.96% | 33.12% | -27.00% | -18.34% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 59.78% | 59.07% | 60.00% | 59.03% | 56.78% | 57.86% |
Operating Margin | 23.36% | 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% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 15, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 2.830 | 2.735 | 2.685 | 2.635 | 2.585 | 2.535 |
Dividend Per Share Growth | 3.31% | 1.86% | 1.90% | 1.93% | 1.97% | 2.01% |
Dividend Yield | 6.10% | 6.72% | 6.71% | 6.99% | 6.56% | 4.88% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 15, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 11.84 | 10.00 | 9.62 | 13.65 | 7.79 | 9.89 |
Forward PE | 8.93 | 8.66 | 8.53 | 8.29 | 7.93 | 9.70 |
P/FCF Ratio | 8.59 | 8.53 | 8.49 | 8.47 | 11.77 | 11.33 |
PS Ratio | 1.38 | 1.24 | 1.25 | 1.18 | 1.21 | 1.63 |