Verizon (VZ) stock price, revenue, and financials

Verizon market cap is $230.6 b, and annual revenue was $131.87 b in FY 2019

$230.6 B

VZ Mkt cap, 28-May-2020

$31.6 B

Verizon Revenue Q1, 2020
Verizon Net income (Q1, 2020)4.3 B
Verizon EBIT (Q1, 2020)6.6 B
Verizon Cash, 31-Mar-20207 B
Verizon EV362.7 B

Verizon Revenue Breakdown

Embed Graph

Verizon revenue breakdown by business segment: 8.3% from Corporate and Other, 22.5% from Wireline and 69.3% from Wireless

Verizon Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

126.0b126.0b130.9b131.9b

Revenue growth, %

(4%)0%4%

Cost of goods sold

51.4b51.6b55.5b

Gross profit

74.6b74.5b75.4b

Gross profit Margin, %

59%59%58%

General and administrative expense

31.6b30.1b31.1b29.9b

Operating expense total

47.5b47.1b48.5b29.9b

Depreciation and amortization

15.9b17.0b17.4b16.7b

EBIT

27.1b27.4b22.3b30.4b

EBIT margin, %

21%22%17%23%

Interest expense

4.4b4.7b4.8b

Investment income

(15.0m)

Pre tax profit

21.0b20.6b19.6b22.7b

Income tax expense

7.4b(10.0b)3.6b2.9b

Net Income

13.6b30.6b16.0b19.3b

Verizon Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.9b2.1b2.7b2.6b

Accounts Receivable

17.5b23.5b25.1b25.4b

Prepaid Expenses

3.9b3.3b5.5b8.0b

Inventories

1.2b1.0b1.3b1.4b

Current Assets

26.4b29.9b34.6b37.5b

PP&E

84.8b88.6b89.3b91.9b

Goodwill

27.2b29.2b24.6b24.4b

Total Assets

244.2b257.1b264.8b291.7b

Accounts Payable

19.6b21.2b22.5b7.7b

Short-term debt

2.6b3.5b7.2b10.8b

Current Liabilities

30.3b33.0b37.9b44.9b

Long-term debt

105.4b113.6b105.9b119.1b

Non-Current Liabilities

189.8b179.4b172.2b184.0b

Total Debt

108.1b117.1b113.1b129.9b

Total Liabilities

220.1b212.5b210.1b

Common Stock

424.0m424.0m429.0m429.0m

Preferred Stock

Additional Paid-in Capital

11.2b11.1b13.4b13.4b

Retained Earnings

15.1b35.6b43.5b53.1b

Total Equity

24.0b44.7b54.7b62.8b

Debt to Equity Ratio

4.5 x2.6 x2.1 x

Debt to Assets Ratio

0.4 x0.5 x0.4 x

Financial Leverage

10.2 x5.8 x4.8 x4.6 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

4.3b4.6b4.5b1.9b1.8b2.5b2.3b1.9b3.0b7.0b

Accounts Receivable

16.9b19.8b21.5b22.6b23.1b24.0b24.5b24.9b24.7b23.8b

Prepaid Expenses

4.6b3.4b3.3b5.2b4.9b5.3b5.2b5.3b5.6b8.2b

Inventories

1.2b1.1b1.3b1.3b1.1b1.3b1.4b1.2b1.5b1.6b

Current Assets

27.2b28.8b30.9b31.0b30.9b33.2b33.4b33.3b34.9b40.7b

PP&E

85.2b86.5b86.6b87.9b87.8b87.5b87.8b87.8b88.8b92.2b

Goodwill

27.6b28.5b28.7b29.1b29.2b29.2b24.6b24.6b24.6b24.4b

Total Assets

246.7b253.0b254.7b264.5b263.3b265.6b283.9b283.1b284.9b294.5b

Accounts Payable

14.8b17.8b18.4b17.1b18.6b19.3b18.7b17.6b19.6b17.4b

Short-term debt

3.7b1.2b2.2b6.3b5.5b6.5b11.6b8.8b7.8b14.5b

Current Liabilities

26.7b27.8b28.9b31.6b32.3b34.2b38.6b38.2b39.2b41.1b

Long-term debt

112.8b116.4b115.3b112.7b109.2b106.4b105.0b104.6b120.0b124.7b

Non-Current Liabilities

195.0b198.5b197.3b180.6b177.4b106.4b187.9b186.9b185.4b191.8b

Total Debt

116.5b117.5b117.5b112.7b109.2b112.9b116.7b113.4b127.8b139.2b

Total Liabilities

221.7b226.2b226.2b212.2b209.7b140.6b226.5b225.2b224.6b

Common Stock

424.0m424.0m424.0m429.0m429.0m429.0m429.0m429.0m429.0m429.0m

Preferred Stock

Additional Paid-in Capital

11.2b11.1b11.1b13.4b13.4b13.4b13.4b13.4b13.4b13.3b

Retained Earnings

16.2b18.2b19.4b40.0b41.7b44.1b46.5b47.9b50.6b54.6b

Total Equity

25.0b26.8b28.5b52.3b53.6b56.1b57.5b57.9b60.3b61.7b

Debt to Equity Ratio

4.7 x4.4 x4.1 x2.2 x2 x2 x2 x2 x2.1 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.4 x0.4 x0.4 x0.4 x0.4 x0.4 x

Financial Leverage

9.9 x9.5 x9 x5.1 x4.9 x4.7 x4.9 x4.9 x4.7 x4.8 x

Verizon Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

13.6b30.6b16.0b19.8b

Depreciation and Amortization

15.9b17.0b17.4b16.7b

Accounts Receivable

(5.1b)(5.4b)(2.7b)(1.5b)

Inventories

61.0m168.0m(324.0m)(76.0m)

Accounts Payable

(1.1b)(335.0m)1.8b(2.4b)

Cash From Operating Activities

22.7b25.3b34.3b35.7b

Purchases of PP&E

(29.0m)

Capital Expenditures

(17.1b)(17.2b)(16.7b)

Cash From Investing Activities

(11.0b)(19.4b)(17.9b)(17.6b)

Short-term Borrowings

(149.0m)(170.0m)

Long-term Borrowings

(19.2b)(23.8b)(14.6b)(17.6b)

Dividends Paid

(9.3b)(9.5b)(9.8b)(10.0b)

Cash From Financing Activities

(13.3b)(6.7b)(15.4b)(18.2b)

Net Change in Cash

(1.6b)(801.0m)1.0b(151.0m)

Free Cash Flow

5.7b8.1b17.7b

Verizon Ratios

USDY, 2020

EV/EBIT

55.1 x

EV/CFO

41.1 x

Financial Leverage

4.8 x

Verizon Operating Metrics

Verizon's Connections, wireless was reported to be 93.9 m in Q3, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

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 m

Postpaid Connections, wireless

102.08 m102.64 m103.73 m105.02 m106.53 m107.17 m107.78 m108.22 m108.80 m108.48 m109.09 m109.69 m110.85 m111.11 m111.62 m112.14 m113.35 m113.41 m113.85 m89.74 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 m35.40 m35.33 m35.31 m35.31 m35.43 m35.34 m35.35 m33.90 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

Postpaid Connections per Account

2.87 2.89 2.92 2.94 2.98 3 3.02 3.05 3.07 3.08 3.09 3.10 3.13 3.14 3.16 3.18 3.20 3.21 3.22 2.65

Voice Connections

16.14 m19.48 m15.59 m15.32 m15.04 m14.78 m14.48 m14.19 m13.94 m13.63 m13.35 m13.10 m12.82 m12.56 m12.27 m12.01 m11.73 m11.45 m6.06 m5.90 m

Broadband Connections

7.02 m9.25 m7.06 m7.07 m7.09 m7.10 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 m

Internet Subscribers

5.07 m6.75 m5.24 m5.34 m5.42 m5.51 m5.50 m5.59 m5.65 m5.69 m5.74 m5.80 m5.85 m5.92 m5.96 m6.01 m6.10 m6.12 m5.87 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 m4.60 m4.56 m4.50 m4.45 m4.40 m

Towers

11.30 k11.30 k11.30 k11.30 k11.30 k11.30 k11.30 k

Markets

400 500 500 500

Countries

150 150 150

Fios Video Connections

4.60 m4.56 m4.50 m4.40 m4.27 m4.20 m