Verizon Communications Inc.

Verizon Communications Inc.

VZ
Verizon Communications Inc.US flagNew York Stock Exchange
48.11
USD
+1.17
- -
200.89BMarket Cap
Verizon Communications Inc.
VZ
(New York Stock Exchange)

Recent

price

48.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
37.66
39.14
40.6
42.06
31.98
32.22
30.88
30.86
31.7
31.87
30.99
32.21
32.56
31.82
31.96
32.7
32.96
Revenue per Share
0.9
0.85
0.31
4.01
2.42
4.38
3.22
7.37
3.76
4.66
4.3
5.32
5.06
2.76
4.15
4.06
4.11
Basic EPS, GAAP
11.51
10.43
9.53
13.34
7.62
7.12
5.19
5.81
7.97
8.42
9.15
-1.94
7.97
7.52
8.54
8.68
8.75
Free Cash Flow per Basic Share
1.91
1.96
1.83
2.07
1.96
2.09
2.27
2.32
2.37
2.42
2.47
2.52
2.57
2.62
2.67
2.72
2.73
Dividend per Share
1.65
0.52
-1.2
0.73
0.72
2.86
3.79
8.83
10.65
12.95
14.71
17.46
19.71
19.79
21.23
22.52
23.04
Book Value per Share
-4.91
-5.85
-7.81
-3.76
-23.39
-24.89
-24.2
-20.36
-17.88
-15.98
-15.41
-25.24
-23.19
-22.74
-21.34
-20.02
-22.71
Tangible Book Value per Share
2,830
2,833
2,853
2,866
3,974
4,085
4,080
4,084
4,128
4,138
4,140
4,148
4,202
4,211
4,218
4,226
4,222
Basic Weighted Avg Shares
106,565
110,875
115,846
120,550
127,079
131,620
125,980
126,034
130,863
131,868
128,292
133,613
136,835
133,974
134,788
138,191
139,146
Sales/Revenue/Turnover
13.74
11.62
11.36
26.52
15.42
25.12
24.02
23.17
20.53
23.18
22.45
24.29
22.27
21.44
21.28
21.17
21.22
Operating Margin (%)
16,405
16,496
16,460
16,606
16,533
16,017
15,928
16,954
17,403
16,682
16,720
16,206
17,099
17,624
17,892
18,349
18,664
Depreciation Expense
2,549
2,404
875
11,497
9,625
17,879
13,127
30,101
15,528
19,265
17,801
22,065
21,256
11,614
17,506
17,174
17,340
Net Income, GAAP
19.45
2.72
- -
19.57
21.7
34.93
35.16
- -
18.26
12.95
23.44
23.12
23.07
28.8
21.89
22.34
22.68
Effective Tax Rate (%)
2.39
2.17
0.76
9.54
7.57
13.58
10.42
23.88
11.87
14.61
13.88
16.51
15.53
8.67
12.99
12.43
12.46
Profit Margin (%)
-8,249
178
-5,721
43,944
1,512
-12,697
-3,945
-3,124
-3,294
-7,395
14,934
-10,432
-12,314
-16,409
-24,248
-5,448
-25,157
Working Capital
45,252
50,303
47,618
89,658
110,536
103,240
105,433
113,642
105,873
119,105
141,173
166,628
162,234
157,703
141,309
158,483
162,923
LT Debt
86,912
85,908
85,533
95,416
13,676
17,842
24,032
44,687
54,710
62,835
69,272
83,200
92,463
93,799
100,575
105,741
104,622
Total Equity
8.2
8.88
- -
15.66
9.66
16.78
15
- -
13.28
14.56
10.57
10.35
8.82
7.57
8.3
8.15
8.04
Return on Invested Capital (%)
-2.83
-2.49
- -
1.26
8.26
17.13
12.49
- -
12.11
13.18
10.23
10.41
9.19
5.79
8.58
8.17
8.04
Return on Capital (%)
41.71
78.29
- -
- -
388.89
245.91
96.69
116.8
38.81
39.5
31.1
33.1
27.39
13.98
20.25
18.6
18.37
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
24,647
23,160
32,949
LT Borrowings
126,629
139,532
144,231
LT Finance Leases
19,176
18,951
18,692
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,216
4,217
4,176
Market Capitalization
185,645
172,125
211,932

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
44,010
56,922
44,723
Cash, Cash Equivalents & STI
7,706
19,048
8,366
Accounts Receivable, Net
25,920
27,097
26,655
Inventories
2,700
2,441
2,320
Total Current Liabilities
59,563
62,370
69,880
Payables & Accruals
20,700
27,918
21,932
ST Debt
24,647
23,160
32,949
Deferred Revenue
- -
7,576
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.32%
9.01%
5.14%
Free Cash Flow
-58.86%
-125.35%
1.87%
Net Income, GAAP
9.45%
4.75%
-1.9%
Sales/Revenue/Turnover
0.52%
1.52%
2.52%
Total Cash Common Dividend
3.02%
2.33%
2.06%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32,981
32,796
33,330
35,681
134,788
2025
33,485
34,504
33,821
36,381
138,191
2026
34,440
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.09
1.09
0.78
1.19
4.15
2025
1.16
1.18
1.17
0.55
4.06
2026
1.2
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.66
0.66
0.66
0.68
2.67
2025
0.68
0.68
0.68
0.69
2.72
2026
0.69
- -
- -
- -
- -
Business
Verizon Communications Inc. (NYSE: VZ) provides communications, technology, entertainment, and information products and services to consumers, businesses, and government customers primarily in the United States; its Consumer segment offers wireless services including postpaid and prepaid voice and data plans on its nationwide 4G LTE and 5G networks, fixed wireless access broadband, Fios fiber-optic internet and TV with high-speed connectivity and on-demand video content, wireless devices such as smartphones, tablets, smartwatches, and connected IoT equipment, internet access bundles, and consumer security solutions; its Business segment delivers network connectivity including private IP, cloud, software-defined networking, internet access, IP voice and video, unified communications, collaboration tools, customer contact centers, domestic and global voice and data services, conferencing, private line networks, IoT platforms, managed security, fleet telematics via Verizon Connect, and enterprise equipment installation and maintenance. Founded in 1983 as Bell Atlantic and headquartered in New York City with key operations across 40 states and global reach through subsidiaries, the company operates the largest U.S. wireless network with over 146 million subscribers. Recent developments include the Federal Communications Commission approval on May 16, 2025, of its $20 billion all-stock acquisition of Frontier Communications to expand fiber broadband capabilities; a strategic fiber agreement with Eaton Fiber announced October 2025 for exclusive retail residential services in new markets with third-party funding and accelerated builds complementing Fios and Frontier footprints; acquisition of Starry's fixed wireless assets serving multi-dwelling units in major U.S. cities like Boston and New York, targeting doubled fixed wireless subscribers to 8-9 million by 2028; a long-term infrastructure agreement with SBA Communications in November 2025 for cost efficiencies and 4G/5G expansion; a $3.3 billion tower sale-leaseback transaction with Vertical Bridge completed in late 2024; partnership with AST SpaceMobile in May 2024 for direct-to-cell satellite capabilities enhancing remote area coverage; and launch of an AI-powered customer experience platform in June 2025 across stores, support, and digital services.

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