Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
46.85
-0.15 (-0.31%)
Aug 7, 2026, 2:44 PM EDT - Market open

Verizon Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
138,895138,191134,788133,974136,835133,613
Revenue Growth
1.38%2.53%0.61%-2.09%2.41%4.15%
Gross Profit
82,31481,42680,69179,08777,70277,312
Operating Income
28,53029,25928,68622,87730,46732,448
Net Income
16,17217,17417,50611,61421,25622,065
Earnings Per Share
3.844.064.142.755.065.32
EPS Growth
-10.49%-1.93%50.54%-45.65%-4.89%23.72%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Consumer
107,236106,807102,904101,626103,50695,300
Business
28,20529,06929,53130,12231,07231,042
Corporate and Other
3,1912,6422,6092,4792,5107,722
Eliminations
-325-327-256-253-253-451
Revenue (Total)
138,895138,191134,788133,974136,835133,613

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,75219,0484,1942,0652,6052,921
Total Debt
188,458181,643168,357174,942176,331177,930
Net Cash (Debt)
-186,706-162,595-164,163-172,877-173,726-175,009
Net Cash Growth
------
Net Cash Per Share
-44.32-38.43-38.87-41.01-41.32-42.17

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
38,79937,13736,91237,47537,14139,539
Capital Expenditures
-17,268-17,011-17,090-18,767-23,087-20,286
Free Cash Flow
21,53120,12619,82218,70814,05419,253
Free Cash Flow Growth
6.97%1.53%5.96%33.12%-27.00%-18.34%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
59.26%58.92%59.87%59.03%56.79%57.86%
Operating Margin
20.54%21.17%21.28%17.08%22.27%24.29%
Pretax Margin
15.59%16.41%17.05%12.68%20.66%22.02%
Profit Margin
11.95%12.74%13.32%9.03%15.89%16.93%
FCF Margin
15.50%14.56%14.71%13.96%10.27%14.41%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.8302.7352.6852.6352.5852.535
Dividend Per Share Growth
3.14%1.86%1.90%1.93%1.97%2.01%
Dividend Yield
6.04%6.67%6.67%6.94%6.53%4.85%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.2410.039.6613.717.799.77
Forward PE
9.268.668.538.297.939.70
P/FCF Ratio
8.978.538.498.4711.7711.17
PS Ratio
1.391.241.251.181.211.61