Verizon Communications Inc.
VZ 
NYE
Sector: Communication Services
Industry: Telecom Services
40.13
USD
0.35
(0.88%)
Optionable: Yes Market Cap: 167,204 M 90-day average vol: 18,835,562
Previous close: 39.78 Open: 39.85 Bid: 40.09 Ask: 40.14
52 week range
30.14 43.42
Last updated: Friday 19th April 2024
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VZ Income Statement
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Amortization of intangibles | -38 M | 25,331 M | 27,205 M | 29,172 M | 24,614 M | 24,389 M | 24,773 M | 28,603 M | 28,671 M | 22,843 M |
| Basic EPS from continuing operations | 2.42 | 4.38 | 3.22 | 7.37 | 3.76 | 4.66 | 4.3 | 5.32 | 5.06 | 2.76 |
| Basic EPS total | 2.42 | 4.38 | 3.22 | 7.37 | 3.76 | 4.66 | 4.3 | 5.32 | 5.06 | 2.76 |
| Basic weighted shares outstanding | 3,974 M | 4,085 M | 4,080 M | 4,084 M | 4,128 M | 4,138 M | 4,140 M | 4,148 M | 4,202 M | 4,211 M |
| Cost of sales | 21,625 M | 23,119 M | 22,238 M | 30,916 M | 32,185 M | 31,772 M | 31,401 M | 31,234 M | 30,496 M | 28,100 M |
| Depreciation | 16,533 M | 16,017 M | 15,928 M | 16,954 M | 17,403 M | 16,682 M | 16,720 M | 16,206 M | 17,099 M | 17,624 M |
| Depreciation unreconciled | 16,533 M | 16,017 M | 15,928 M | 16,954 M | 17,403 M | 16,682 M | 16,720 M | 16,206 M | 17,099 M | 17,624 M |
| DepreciationAndAmortization | 16,533 M | 16,017 M | 15,928 M | 16,954 M | 17,403 M | 16,682 M | 16,720 M | 16,206 M | 17,099 M | 17,624 M |
| Diluted EPS total | 2.42 | 4.37 | 3.21 | 7.36 | 3.76 | 4.65 | 4.3 | 5.32 | 5.06 | 2.75 |
| Diluted normalized net income/share | 2.42 | 4.37 | 3.21 | 7.36 | 3.76 | 4.65 | 4.3 | 5.32 | 5.06 | 2.75 |
| Diluted weighted shares outstanding | 3,981 M | 4,093 M | 4,086 M | 4,089 M | 4,132 M | 4,140 M | 4,142 M | 4,150 M | 4,204 M | 4,215 M |
| Dividends paid per share | 2.16 | 2.23 | 2.29 | 2.34 | 2.39 | 2.44 | 2.49 | 2.54 | 2.59 | 2.64 |
| Earnings from equity interest | 1,780 M | -86 M | -98 M | -77 M | -186 M | -15 M | -45 M | 145 M | 44 M | -53 M |
| EarningsFromEquityInterestNetOfTax | 1,780 M | -86 M | -98 M | -77 M | -186 M | -15 M | -45 M | 145 M | 44 M | -53 M |
| GainOnSaleOfBusiness | 1,007 M | 1,774 M | 1,051 M | |||||||
| GainOnSaleOfPPE | 261 M | -126 M | 706 M | |||||||
| GainOnSaleOfSecurity | 57 M | |||||||||
| GeneralAndAdministrativeExpense | 41,016 M | 29,986 M | 31,569 M | 28,592 M | 31,083 M | 29,896 M | 31,573 M | 28,658 M | 30,136 M | 32,745 M |
| Gross operating profit | 105,454 M | 108,501 M | 103,742 M | 95,118 M | 98,678 M | 100,096 M | 96,891 M | 102,379 M | 106,339 M | 105,874 M |
| ImpairmentOfCapitalAssets | 4,591 M | 186 M | 16 M | 5,841 M | ||||||
| Income before tax | 15,270 M | 28,240 M | 20,986 M | 20,594 M | 19,623 M | 22,733 M | 23,967 M | 29,420 M | 28,271 M | 16,987 M |
| Income restructuring and M&A | -17,191 M | -17,775 M | -17,059 M | -17,247 M | 2,157 M | 204 M | 221 M | 209 M | 304 M | 533 M |
| Income taxes | 3,314 M | 9,865 M | 7,378 M | -9,956 M | 3,584 M | 2,945 M | 5,619 M | 6,802 M | 6,523 M | 4,892 M |
| Interest income | 82 M | 94 M | 121 M | 65 M | 48 M | 146 M | 354 M | |||
| InterestExpenseNonOperating | 4,915 M | 4,920 M | 4,376 M | 4,733 M | 4,833 M | 4,730 M | 4,247 M | 3,485 M | 3,613 M | 5,524 M |
| InterestExpenseOperating | -4,429 M | -4,491 M | -4,085 M | -4,369 M | -4,408 M | -4,714 M | -4,420 M | -3,435 M | -3,316 M | -4,384 M |
| MinorityInterests | -2,331 M | -496 M | -481 M | -449 M | -511 M | -523 M | -547 M | -553 M | -492 M | -481 M |
| MiscOtherSpecialCharges | -1,194 M | 186 M | -1,599 M | -2,021 M | 2,364 M | -2,900 M | -539 M | 312 M | 1,373 M | -313 M |
| Net income from total operations | 9,625 M | 17,879 M | 13,127 M | 30,101 M | 15,528 M | 19,265 M | 17,801 M | 22,065 M | 21,256 M | 11,614 M |
| NetIncomeCommonStockholders | 9,625 M | 17,879 M | 13,127 M | 30,101 M | 15,528 M | 19,265 M | 17,801 M | 22,065 M | 21,256 M | 11,614 M |
| NetIncomeContinuousOperations | 9,625 M | 17,879 M | 13,127 M | 30,101 M | 15,528 M | 19,265 M | 17,801 M | 22,065 M | 21,256 M | 11,614 M |
| NetNonOperatingInterestIncomeExpense | -4,915 M | -4,920 M | -4,376 M | -4,733 M | -4,833 M | -4,730 M | -4,247 M | -3,485 M | -3,613 M | -5,524 M |
| NonRecurringOperationExpense | 100 M | |||||||||
| Normalized income | 19,894 M | |||||||||
| Operating income | 19,599 M | 33,060 M | 27,059 M | 27,425 M | 22,278 M | 30,378 M | 28,798 M | 32,448 M | 30,467 M | 22,877 M |
| Operating income before depreciation (EBITDA) | 32,289 M | 44,686 M | 37,205 M | 37,912 M | 37,451 M | 39,431 M | 40,514 M | 45,676 M | 45,667 M | 35,751 M |
| OperatingExpense | 57,549 M | 46,003 M | 47,497 M | 45,546 M | 48,486 M | 46,578 M | 48,293 M | 44,864 M | 47,235 M | 50,369 M |
| Other income net | -586 M | -100 M | 1,697 M | 2,098 M | -2,178 M | 2,915 M | 584 M | -457 M | -1,417 M | 366 M |
| OtherGandA | 41,016 M | 29,986 M | 31,569 M | 28,592 M | 31,083 M | 29,896 M | 31,573 M | 28,658 M | 30,136 M | 32,745 M |
| OtherOperatingExpenses | -80 M | -194 M | -2,500 M | -219 M | -2,300 M | -149 M | -160 M | -150 M | -123 M | -114 M |
| PromotionAndAdvertising | 2,526 M | 2,749 M | 2,744 M | 2,643 M | 2,682 M | 3,071 M | 3,107 M | 3,394 M | 3,556 M | 3,847 M |
| RentAndLandingFees | 2,700 M | 3,200 M | 3,600 M | 3,800 M | 4,100 M | |||||
| RestructringAndMnAIncome | -17,191 M | -17,775 M | -17,059 M | -17,247 M | 2,157 M | 204 M | 221 M | 209 M | 304 M | 533 M |
| Revenue per share | -38 M | 25,331 M | 27,324 M | 29,327 M | 26,614 M | 27,089 M | 27,873 M | 31,603 M | 31,671 M | 26,043 M |
| SalariesAndWages | 900 M | 900 M | 700 M | 800 M | 1,100 M | 897 M | 730 M | -2,400 M | -1,700 M | 992 M |
| Selling Gen & administrative expense | 41,016 M | 29,986 M | 31,569 M | 28,592 M | 31,083 M | 29,896 M | 31,573 M | 28,658 M | 30,136 M | 32,745 M |
| SellingAndMarketingExpense | 2,526 M | 2,749 M | 2,744 M | 2,643 M | 2,682 M | 3,071 M | 3,107 M | 3,394 M | 3,556 M | 3,847 M |
| Special income/charges | 17,191 M | 17,775 M | 17,059 M | 17,247 M | -4,591 M | -186 M | -221 M | -209 M | -320 M | -5,841 M |
| Total Income available for interest expense (EBIT) | 15,756 M | 28,669 M | 21,277 M | 20,958 M | 20,048 M | 22,749 M | 23,794 M | 29,470 M | 28,568 M | 18,127 M |
| Total common shares outstanding | 8,311 M | 8,148 M | 8,153 M | 8,159 M | 8,264 M | 8,272 M | 8,276 M | 8,396 M | 8,400 M | 4,204 M |
| Total net income | 9,625 M | 17,879 M | 13,127 M | 30,101 M | 15,528 M | 19,265 M | 17,801 M | 22,065 M | 21,256 M | 11,614 M |
| Total ordinary shares | 4,204 M | 4,204 M | 4,204 M | 4,204 M | 4,204 M | 4,204 M | 4,204 M | 4,204 M | 4,204 M | 4,204 M |
| Total revenues | 127,079 M | 131,620 M | 125,980 M | 126,034 M | 130,863 M | 131,868 M | 128,292 M | 133,613 M | 136,835 M | 133,974 M |
| TotalExpenses | 79,174 M | 69,122 M | 69,735 M | 76,462 M | 80,671 M | 78,350 M | 79,694 M | 76,098 M | 77,731 M | 78,469 M |
| TotalRevenue | 127,079 M | 131,620 M | 125,980 M | 126,034 M | 130,863 M | 131,868 M | 128,292 M | 133,613 M | 136,835 M | 133,974 M |
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