Verizon (VZ) stock price, revenue, and financials

Verizon market cap is $237.4 b, and annual revenue was $128.29 b in FY 2020

$237.4 B

VZ Mkt cap, 11-Jun-2021

$32.9 B

Verizon Revenue Q1, 2021
Verizon Net income (Q1, 2021)5.4 B
Verizon EBIT (Q1, 2021)7.8 B
Verizon Cash, 31-Mar-202110.2 B
Verizon EV406.9 B

Verizon Revenue Breakdown

Embed Graph

Verizon revenue breakdown by business segment: 16.4% from Wireless Equipment and 83.6% from Service

Verizon Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

126.0b130.9b131.9b128.3b

Revenue growth, %

4%1%

Cost of goods sold

51.6b55.5b54.7b

Gross profit

74.5b75.4b77.1b

Gross profit Margin, %

59%58%58%

General and administrative expense

30.1b31.1b29.9b31.6b

Operating expense total

47.1b48.5b46.8b31.6b

Depreciation and amortization

17.0b17.4b16.7b16.7b

EBIT

27.4b22.3b30.4b28.8b

EBIT margin, %

22%17%23%22%

Interest expense

4.7b4.8b4.7b

Investment income

(77.0m)(186.0m)(15.0m)(45.0m)

Pre tax profit

20.6b19.6b22.7b24.0b

Income tax expense

(10.0b)3.6b2.9b5.6b

Net Income

30.6b16.0b19.8b18.3b

EPS

7.43.84.7

Verizon Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.1b2.7b2.6b22.2b

Accounts Receivable

23.5b25.1b25.4b23.9b

Prepaid Expenses

3.3b5.5b8.0b6.7b

Inventories

1.0b1.3b1.4b1.8b

Current Assets

29.9b34.6b37.5b54.6b

PP&E

88.6b89.3b91.9b94.8b

Goodwill

29.2b24.6b24.4b24.8b

Total Assets

257.1b264.8b291.7b316.5b

Accounts Payable

21.2b22.5b21.8b6.7b

Short-term debt

3.5b7.2b10.8b9.4b

Current Liabilities

33.0b37.9b44.9b39.7b

Long-term debt

113.6b105.9b119.1b141.2b

Non-Current Liabilities

179.4b172.2b184.0b207.5b

Total Debt

117.1b113.1b129.9b150.5b

Total Liabilities

212.5b210.1b228.9b

Common Stock

424.0m429.0m429.0m429.0m

Preferred Stock

Additional Paid-in Capital

11.1b13.4b13.4b13.4b

Retained Earnings

35.6b43.5b53.1b60.5b

Total Equity

44.7b54.7b62.8b69.3b

Debt to Equity Ratio

2.6 x2.1 x2.1 x

Debt to Assets Ratio

0.5 x0.4 x0.4 x

Financial Leverage

5.8 x4.8 x4.6 x4.6 x

Quarterly

USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

1.9b1.8b2.5b2.3b1.9b3.0b7.0b7.9b9.0b10.2b

Accounts Receivable

22.6b23.1b24.0b24.5b24.9b24.7b23.8b22.7b22.6b22.5b

Prepaid Expenses

5.2b4.9b5.3b5.2b5.3b5.6b8.2b5.5b5.5b5.6b

Inventories

1.3b1.1b1.3b1.4b1.2b1.5b1.6b1.3b1.5b1.3b

Current Assets

31.0b30.9b33.2b33.4b33.3b34.9b40.7b37.3b38.6b39.6b

PP&E

87.9b87.8b87.5b87.8b87.8b88.8b92.2b92.8b93.2b94.9b

Goodwill

29.1b29.2b29.2b24.6b24.6b24.6b24.4b24.7b24.8b24.8b

Total Assets

264.5b263.3b265.6b283.9b283.1b284.9b294.5b293.3b297.0b345.6b

Accounts Payable

17.1b18.6b19.3b18.7b17.6b19.6b17.4b19.3b17.4b17.2b

Short-term debt

6.3b5.5b6.5b11.6b8.8b7.8b14.5b9.9b9.3b12.3b

Current Liabilities

31.6b32.3b34.2b38.6b38.2b39.2b41.1b38.9b36.2b38.7b

Long-term debt

112.7b109.2b106.4b105.0b104.6b120.0b124.7b124.3m127.9b167.5b

Non-Current Liabilities

180.6b177.4b106.4b187.9b186.9b185.4b191.8b190.3b194.3b234.2b

Total Debt

112.7b109.2b112.9b116.7b113.4b127.8b139.2b10.0b137.2b179.8b

Total Liabilities

212.2b209.7b140.6b226.5b225.2b224.6b232.8b229.1b230.5b

Common Stock

429.0m429.0m429.0m429.0m429.0m429.0m429.0m429.0m429.0m429.0m

Preferred Stock

Additional Paid-in Capital

13.4b13.4b13.4b13.4b13.4b13.4b13.3b13.3b13.4b13.4b

Retained Earnings

40.0b41.7b44.1b46.5b47.9b50.6b54.6b56.7b58.5b63.1b

Total Equity

52.3b53.6b56.1b57.5b57.9b60.3b61.7b64.1b66.5b72.7b

Debt to Equity Ratio

2.2 x2 x2 x2 x2 x2.1 x2.3 x0.2 x2.1 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x0.4 x0.4 x0.4 x0.5 x0 x0.5 x

Financial Leverage

5.1 x4.9 x4.7 x4.9 x4.9 x4.7 x4.8 x4.6 x4.5 x4.8 x

Verizon Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

30.6b16.0b19.8b18.3b

Depreciation and Amortization

17.0b17.4b16.7b16.7b

Accounts Receivable

(5.4b)(2.7b)(1.5b)189.0m

Inventories

168.0m(324.0m)(76.0m)(369.0m)

Accounts Payable

(335.0m)1.8b(2.4b)(966.0m)

Cash From Operating Activities

25.3b34.3b35.7b41.8b

Capital Expenditures

(17.2b)(16.7b)(17.9b)

Cash From Investing Activities

(19.4b)(17.9b)(17.6b)(23.5b)

Short-term Borrowings

(170.0m)

Long-term Borrowings

(23.8b)(14.6b)(23.9b)(7.4b)

Dividends Paid

(9.5b)(9.8b)(10.0b)(10.2b)

Cash From Financing Activities

(6.7b)(15.4b)(18.2b)1.3b

Net Change in Cash

(801.0m)1.0b1.0m19.6b

Free Cash Flow

8.1b17.7b17.8b

Verizon Ratios

USDFY, 2017

Revenue/Employee

787.8k

Debt/Equity

2.6 x

Debt/Assets

0.5 x

Financial Leverage

5.8 x

Verizon Operating Metrics

Verizon's Connections, wireless was reported to be 94.1 m in Q3, 2020.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Connections, wireless

108.21 m108.58 m109.55 m110.76 m112.11 m112.57 m113.15 m113.68 m114.24 m113.91 m114.54 m115.27 m116.26 m116.18 m116.45 m116.87 m118 m117.89 m118.12 m93.92 m94.54 m93.89 m93.98 m94.1 m

Postpaid Connections, wireless

102.08 m102.64 m103.73 m105.02 m106.53 m107.17 m107.78 m108.22 m108.8 m108.48 m109.09 m109.69 m110.85 m111.11 m111.62 m112.14 m113.35 m113.41 m113.85 m89.74 m90.48 m89.91 m89.98 m90.03 m

Postpaid Accounts

35.62 m35.52 m35.56 m35.68 m35.74 m35.72 m35.64 m35.53 m35.41 m35.27 m35.33 m35.36 m35.4 m35.33 m35.31 m35.31 m35.43 m35.34 m35.35 m33.9 m33.88 m33.67 m33.7 m33.71 m

Postpaid ARPA

$159.86$156.14$154.93$154.08$152.63$145.34$145.09$144.94$144.32$136.98$134.89$136.31$135.99$131.71$134.56$136.58$134.49$136.68$137.24$118.89$118.3$118.86$116.02$118.52

Postpaid Connections per Account

2.872.892.922.942.9833.023.053.073.083.093.13.133.143.163.183.23.213.222.652.672.672.672.67

Voice Connections

16.14 m19.48 m15.59 m15.32 m15.04 m14.78 m14.48 m14.19 m13.94 m13.63 m13.35 m13.1 m12.82 m12.56 m12.27 m12.01 m11.73 m11.45 m6.06 m5.9 m5.75 m5.58 m5.44 m5.3 m

Broadband Connections

7.02 m9.25 m7.06 m7.07 m7.09 m7.1 m7.01 m7.04 m7.04 m7.01 m6.99 m6.98 m6.96 m6.97 m6.45 m6.96 m6.96 m6.97 m6.47 m6.47 m6.47 m6.48 m6.47 m6.58 m

Subscribers (Internet)

5.07 m6.75 m5.24 m5.34 m5.42 m5.51 m5.5 m5.59 m5.65 m5.69 m5.74 m5.8 m5.85 m5.92 m5.96 m6.01 m6.1 m6.12 m5.87 m5.9 m5.96 m5.97 m6.11 m

Video Subscribers

4.45 m5.74 m4.57 m4.61 m4.64 m4.68 m4.64 m4.67 m4.69 m4.68 m4.67 m4.65 m4.62 m4.6 m4.56 m4.5 m4.45 m4.4 m4.27 m4.2 m4.15 m4.07 m3.99 m3.93 m

Towers

11.3 k11.3 k11.3 k11.3 k11.3 k11.3 k11.3 k11.3 k

Markets

400500500500

Countries

150150150

Verizon Human Capital

Ethnicity

FY, 2019FY, 2018FY, 2017
Asian (USA)9%8.6%8.6%
Hispanic / Latino (USA)11.2%11%10.4%
Black / African American (USA)19.3%19.4%19%
White (USA)54.6%55.1%58.9%
Other5.8%6%3%
FY, 2019FY, 2018FY, 2017
Female, percent33.5%29.9%34.5%
Male, percent66.5%70.1%65.5%