Craft

Verizon

Stock Price

$39.7

2024-02-09

Market Capitalization

$167 B

2024-02-09

Revenue

$134 B

FY, 2023

Verizon Summary

Company Summary

Overview
Verizon Communications is a company that provides communications, technology, information, and entertainment products and services to consumers, businesses, and government entities. It operates through two segments: Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment offers wireless and wireline communications services and equipment as well as fixed wireless access broadband through its wireless networks. The Business segment provides wireless and wireline communications services and products, including data, video, and conferencing services, corporate networking solutions, security and managed network services, local and long-distance voice services, and network access to deliver IoT services and products.
Type
Public
Status
Active
Founded
1983
HQ
New York, NY, US | view all locations
Website
https://www.verizon.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Hans E. Vestberg

    Hans E. Vestberg, Chief Executive Officer & Chairman

  • Sowmyanarayan Sampath

    Sowmyanarayan Sampath, Executive Vice President & CEO, Verizon Consumer Group

  • James J. Gerace

    James J. Gerace, Chief Communications Officer

  • Kyle Malady

    Kyle Malady, Executive Vice President and CEO of Verizon Business Group

Operating MetricsView all

Video Connections

3M
9.1%

Q3, 2023

Connections, wireless

114.1M

Q3, 2023

Towers

11.3K

FY, 2020

LocationsView all

77 locations detected

  • New York, NY HQ

    United States

    1095 Avenue of the Americas

  • Aliso Viejo, CA

    United States

    20 Enterprise #100

  • Alpharetta, GA

    United States

    5055 North Point Pkwy

  • Atlanta, GA

    United States

    2002 Summit Blvd NE # 1800

  • Bernards, NJ

    United States

    1 Verizon Way, Basking Ridge

  • Chandler, AZ

    United States

    63 E Boston St

and 71 others

Verizon Financials

Summary Financials

Revenue (FY, 2023)
$134.0B
Net income (FY, 2023)
$12.1B
Cash (FY, 2023)
$2.1B
EBIT (FY, 2023)
$22.9B
Enterprise value
$315.6B

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