Verizon Communications Inc. (the Company) is a holding company that, acting through its subsidiaries (together with the Company, collectively, Verizon), is one of the world’s leading providers of communications, technology, information and streaming products and services to consumers, businesses and government entities. With a presence around the world, we offer data, video and voice services and solutions on our networks and platforms that are designed to meet customers’ demand for mobility, reliable network connectivity and security. We have two reportable segments that we operate and manage as strategic business units - Verizon Consumer Group (Consumer) and Verizon Business Group (Business). Verizon Consumer Group Our Consumer segment provides consumer-focused wireless and wireline communications services and products. Our wireless services are provided across one of the most extensive wireless networks in the United States (U.S.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Service revenues and other | — | $109.63B | $109.65B | $111.57B | $112.72B | 33% |
Wireless Service | — | $74.35B | $79.53B | $82.07B | $83.70B | 25% |
Operating Segments Excluding Intersegment Elimination | — | $73.14B | $77.13B | $79.25B | $80.62B | 24% |
Wireless equipment | — | $27.21B | $24.32B | $23.22B | $25.47B | 7% |
Operating Segments | — | $27.00B | $26.40B | $25.90B | $25.40B | 7% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 138.2B | 138.2B | 134.8B | 134.0B | 136.8B | 133.6B |
| Net Income | 17.2B | 17.2B | 17.5B | 11.6B | 21.3B | 22.1B |
| EPS | $4.06 | $4.06 | $4.14 | $2.75 | $5.06 | $5.32 |
| Free Cash Flow | 36.7B | 36.7B | 36.0B | 31.7B | 33.5B | -8.1B |
| ROIC | 8.6% | 9.0% | 8.7% | 6.4% | 9.5% | 10.6% |
| Gross Margin | 79.0% | 79.0% | 79.2% | 79.0% | 77.7% | 76.6% |
| Debt/Equity | 1.67 | 1.67 | 1.66 | 1.74 | 1.74 | 1.90 |
| Dividends/Share | $2.71 | $2.74 | $2.69 | $2.64 | $2.59 | $2.54 |
| Operating Income | 29.3B | 29.3B | 28.7B | 22.9B | 30.5B | 32.4B |
| Operating Margin | 21.2% | 21.2% | 21.3% | 17.1% | 22.3% | 24.3% |
| ROE | 16.2% | 16.6% | 17.4% | 12.4% | 23.0% | 26.5% |
| Shares Outstanding | 4,230M | 4,230M | 4,229M | 4,223M | 4,201M | 4,148M |
VERIZON COMMUNICATIONS INC passes 5 of 9 quality checks, suggesting mixed fundamentals.
VERIZON COMMUNICATIONS INC trades at 11.2x trailing earnings, compared to its 15-year median P/E of 9.5x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 5.2x vs a median of 4.7x. The company's 5-year average ROIC is 8.8% with a gross margin of 78.3%. Total shareholder yield (dividends) is 6.0%. At current prices, the estimated annualized return to fair value is +1.3%.
VERIZON COMMUNICATIONS INC (VZ) has a current P/E ratio of 11.2, compared to its historical median P/E of 9.5. The stock is currently considered Fair based on its historical valuation range.
VERIZON COMMUNICATIONS INC (VZ) has a 5-year average return on invested capital (ROIC) of 8.8%. This is below average and may indicate limited pricing power.
VERIZON COMMUNICATIONS INC (VZ) has a market capitalization of $192.1B. It is classified as a large-cap stock.
Yes, VERIZON COMMUNICATIONS INC (VZ) pays a dividend with a trailing twelve-month yield of 5.98%.
Based on historical P/E analysis, VERIZON COMMUNICATIONS INC (VZ) appears fair. The current P/E of 11.2 is 18% above its historical median of 9.5. The estimated fair value CAGR (P/E method) is -3.6%.
VERIZON COMMUNICATIONS INC (VZ) operates in the Telephone Communications (No Radiotelephone) industry, within the Communication Services sector.
VERIZON COMMUNICATIONS INC (VZ) reported annual revenue of $138.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
VERIZON COMMUNICATIONS INC (VZ) has a net profit margin of 12.4%. This is a healthy margin.
VERIZON COMMUNICATIONS INC (VZ) generated $36.7 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
VERIZON COMMUNICATIONS INC (VZ) has a debt-to-equity ratio of 1.67. This indicates higher leverage, which may increase financial risk.
VERIZON COMMUNICATIONS INC (VZ) reported earnings per share (EPS) of $4.06 in its most recent fiscal year.
VERIZON COMMUNICATIONS INC (VZ) has a return on equity (ROE) of 16.6%. This indicates the company generates strong returns for shareholders.
VERIZON COMMUNICATIONS INC (VZ) has a 5-year average gross margin of 78.3%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for VERIZON COMMUNICATIONS INC (VZ), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
VERIZON COMMUNICATIONS INC (VZ) has a book value per share of $25.00, based on its most recent annual SEC filing.