HomeVZ • NYSE
Verizon Communications Inc
$39.54
Pre-market:
$40.03
(1.24%)+0.49
Closed: Jan 27, 7:30:09 AM GMT-5 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$39.18
Day range
$39.37 - $40.68
Year range
$37.59 - $45.36
Market cap
166.45B USD
Avg Volume
21.07M
P/E ratio
9.54
Dividend yield
6.85%
Primary exchange
NYSE
CDP Climate Change Score
B
Financials
Income Statement
Revenue
Net income
(USD)Dec 2024Y/Y change
Revenue
35.68B1.57%
Operating expense
12.75B-0.27%
Net income
5.00B285.03%
Net profit margin
14.03282.21%
Earnings per share
1.101.85%
EBITDA
11.93B2.20%
Effective tax rate
22.14%
Total assets
Total liabilities
(USD)Dec 2024Y/Y change
Cash and short-term investments
4.19B103.10%
Total assets
384.71B1.17%
Total liabilities
284.14B-0.81%
Total equity
100.58B
Shares outstanding
4.22B
Price to book
1.67
Return on assets
4.84%
Return on capital
6.81%
Net change in cash
(USD)Dec 2024Y/Y change
Net income
5.00B285.03%
Cash from operations
10.43B20.23%
Cash from investing
-5.56B28.92%
Cash from financing
-5.62B-86.44%
Net change in cash
-752.00M65.23%
Free cash flow
5.90B327.37%
About
Verizon Communications Inc., is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146 million subscribers as of December 31, 2024. The company was formed in 1983 as Bell Atlantic as a result of the breakup of the Bell System into seven companies, each a Regional Bell Operating Company, commonly referred to as "Baby Bells." The company was originally headquartered in Philadelphia and operated in the states of Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and West Virginia. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country not already in Bell Atlantic's footprint. Bell Atlantic, the surviving entity, changed its name to Verizon, a portmanteau of veritas and horizon. Wikipedia
Founded
Oct 7, 1983
Employees
103,900
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