Verizon Communications is a broadband and telecommunications company operating 4G LTE network, 3G network, and information services. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales. The Wireline segment offers voice, data and video communications products and services, such as broadband video, data center and cloud services, security and managed network services, and local and long distance voice services.

TypePublic
HQNew York, US
Founded1983
Size (employees)155,400 (est)-2%
Websiteverizon.com
Verizon Communications was founded in 1983 and is headquartered in New York, US
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Key People/Management at Verizon Communications

Hans Vestberg

Hans Vestberg

CEO
Lowell C. McAdam

Lowell C. McAdam

Executive Chairman
Martin Burvill

Martin Burvill

Senior Vice President and Group President Verizon Business Markets
Eric Cevis

Eric Cevis

Senior Vice President and Group President - Verizon Partner Solutions
Kenneth Dixon

Kenneth Dixon

Senior Vice President & Group President - Consumer Sales & Service
Ronan Dunne

Ronan Dunne

Executive Vice President and Group President of Verizon Wireless
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Verizon Communications Office Locations

Verizon Communications has offices in North Ryde, Germantown, Waterloo, Oklahoma City and in 487 other locations
New York, US (HQ)
1095 Avenue of the Americas
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Verizon Communications Financials and Metrics

Verizon Communications Revenue

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Verizon Communications's revenue was reported to be $126.03 b in FY, 2017
USD

Revenue (Q2, 2018)

64 b

Net income (Q2, 2018)

8.9 b

EBIT (Q2, 2018)

14 b

Market capitalization (20-Sep-2018)

222.9 b

Closing stock price (20-Sep-2018)

54

Cash (30-Jun-2018)

1.8 b

EV

330.3 b
Verizon Communications's current market capitalization is $222.9 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

127.1 b131.6 b126 b126 b

Revenue growth, %

5%4%(4%)0%

Cost of goods sold

49.7 b52.6 b51.4 b29.4 b

Gross profit

77.4 b79.1 b74.6 b96.6 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

32 b32.2 b33.2 b32.2 b30.5 b30.9 b29.8 b30.5 b31.7 b31.8 b64 b

Cost of goods sold

12.1 b12.4 b13.3 b12.6 b12.2 b12.2 b11.7 b12.1 b12.6 b7.9 b

Gross profit

19.9 b19.8 b19.9 b19.6 b18.3 b18.7 b18.1 b18.4 b19.1 b23.8 b

Gross profit Margin, %

62%61%60%61%60%60%61%60%60%75%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

10.6 b4.5 b2.9 b2.1 b

Accounts Receivable

14 b13.5 b17.5 b23.5 b

Prepaid Expenses

2.6 b2 b3.9 b3.3 b

Inventories

1.2 b1.3 b1.2 b1 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

4.4 b3 b3.9 b5.8 b2.9 b6.4 b4.3 b4.6 b4.5 b1.9 b1.8 b

Accounts Receivable

12.7 b13.4 b13.1 b12.5 b13.3 b14.8 b16.9 b19.8 b21.5 b

Prepaid Expenses

3.2 b2.8 b2.3 b3.4 b3.4 b3 b4.6 b3.4 b3.3 b

Inventories

1.1 b1.1 b1.3 b1.1 b931 m1.3 b1.2 b1.1 b1.3 b1.3 b1.1 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

12 b18.4 b13.6 b30.6 b

Depreciation and Amortization

16.5 b16 b15.9 b17 b

Inventories

(132 m)(99 m)61 m168 m

Accounts Payable

1.4 b2.5 b(1.1 b)(335 m)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

4.3 b8.7 b12.9 b4.4 b5.3 b9 b3.6 b8 b11.8 b4.7 b8.9 b

Depreciation and Amortization

4 b8 b12 b4 b8 b11.9 b4.1 b8.2 b12.5 b4.3 b8.7 b

Cash From Operating Activities

10.2 b18.9 b28.4 b7.5 b12.9 b17.7 b1.7 b9.9 b17.2 b6.6 b16.4 b

Cash From Investing Activities

(13.2 b)(20.2 b)(24.6 b)(3.4 b)2.7 b(2.5 b)(4.8 b)(9.9 b)(13.7 b)(5.3 b)(8.7 b)
USDY, 2018

EV/EBIT

23.7 x

EV/CFO

20.1 x

EV/FCF

38.4 x

Debt/Equity

2 x

Debt/Assets

0.4 x

Financial Leverage

4.9 x
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Verizon Communications Operating Metrics

Verizon Communications's Connections, wireless was reported to be 115.3 m in Q3, 2017.
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Verizon Communications Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
NiddelJanuary 05, 2018
WideOpenWest - Fiber-Optic NetworkDecember 14, 2017$225 m
Straight Path CommunicationsMay 11, 2017$3.10 b
SkywardFebruary 16, 2017
LQD WiFiNovember 24, 2016
VesselOctober 26, 2016
Sensity SystemsSeptember 12, 2016
FleetMaticsAugust 01, 2016$2.40 b
Yahoo!July 25, 2016$4.83 b
TelogisJune 21, 2016
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Verizon Communications Revenue Breakdown

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Verizon Communications revenue breakdown by business segment: 26.0% from Wireline and 74.0% from Wireless

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Verizon Communications Online and Social Media Presence

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Verizon Communications News and Updates

Telecom Managed Services Market 2018 Global Analysis By Key Players – Cisco Systems, Ericsson Ab, Huawei Technologies Co., Verizon Communications, At&T Inc.

WiseGuyReports.Com Publish a New Market Research Report On –“ Telecom Managed Services Market 2018 Global Analysis By Key Players – Cisco Systems, Ericsson Ab, Huawei Technologies Co., Verizon Communications, At&T Inc.”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Defence Cyber Security 2018 Global Market Key Players -Dell Secure Works, IBM, Intel Security, Symantec, Cisco Systems, Verizon Communications.......

Defence Cyber Security – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

Fiber To The Home (FTTH) 2018 Global Market Key Players – China Telecom, China Mobile Ltd, Verizon Communications Inc, AT&T Inc, Vodafone Group plc – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Fiber To The Home (FTTH) Market Size, Status and Forecast 2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
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Verizon Communications Company Life and Culture

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