Verizon Financial Statements From 2010 to 2022

VZ
 Stock
  

USD 44.56  0.39  0.87%   

Verizon Communications financial statements provide useful quarterly and yearly information to potential Verizon Communications investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Verizon Communications financial statements helps investors assess Verizon Communications' valuation, profitability, and current liquidity needs.
We have found one hundred fourteen available fundamental trend indicators for Verizon Communications, which can be analyzed and compared to other ratios and to its competition. Make sure you double-check all of Verizon Communications current market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Verizon Communications Net Income Per Employee is fairly stable at the moment as compared to the past year. Verizon Communications reported Net Income Per Employee of 186,360 in 2021. Earnings before Tax is likely to rise to about 19.9 B in 2022, whereas Revenue Per Employee is likely to drop slightly above 925.9 K in 2022.
  
Check Verizon Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Verizon main balance sheet or income statement drivers, such as Direct Expenses of 50.8 B, Consolidated Income of 10.5 B or Cost of Revenue of 41.2 B, as well as many exotic indicators such as Interest Coverage of 7.74, Long Term Debt to Equity of 2.67 or Calculated Tax Rate of 25.07. Verizon financial statements analysis is a perfect complement when working with Verizon Communications Valuation or Volatility modules. It can also supplement Verizon Communications' financial leverage analysis and stock options assessment as well as various Verizon Communications Technical models . Also, please take a look at the analysis of Verizon Communications Correlation against competitors.

Verizon Communications Revenues

122.57 Billion

Verizon Communications Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets304.1 B366.6 B267.1 B
Increasing
Slightly volatile
Cash and EquivalentsB2.9 B10 B
Decreasing
Stable
Investments1.3 B1.3 B2.7 B
Decreasing
Slightly volatile
Investments Current413.1 M402.5 M548 M
Decreasing
Slightly volatile
Investments Non Current1.3 B1.3 B2.3 B
Decreasing
Slightly volatile
Property Plant and Equipment Net75.1 B76.3 B83.8 B
Decreasing
Slightly volatile
Inventory1.5 B1.4 B1.3 B
Increasing
Very volatile
Trade and Non Trade Receivables13.4 B15.8 B15 B
Increasing
Slightly volatile
Trade and Non Trade Payables15.7 B17.6 B17.6 B
Increasing
Slightly volatile
Goodwill and Intangible Assets92.3 B110.5 B107.9 B
Increasing
Slightly volatile
Total Liabilities243.3 B284.8 B223.6 B
Increasing
Slightly volatile
Shareholders Equity88.2 B81.8 B45.6 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit14.7 B17.3 B10.1 B
Increasing
Slightly volatile
Accumulated Other Comprehensive Income2.6 B2.4 B1.9 B
Increasing
Slightly volatile
Current Assets34 B36.7 B34.7 B
Increasing
Stable
Assets Non Current179.4 B196 B203.3 B
Increasing
Stable
Current Liabilities39.3 B47.2 B34.7 B
Increasing
Slightly volatile
Liabilities Non Current142.6 B170.8 B163.3 B
Increasing
Slightly volatile
Tax Liabilities44.6 B41.4 B38.3 B
Increasing
Slightly volatile
Total Debt77.7 B97.3 B92.6 B
Increasing
Slightly volatile
Debt Current3.1 BB4.6 B
Decreasing
Slightly volatile
Debt Non Current102.4 B94.9 B90.1 B
Increasing
Slightly volatile
Shareholders Equity USD33.7 B25.9 B26.3 B
Decreasing
Stable
Cash and Equivalents USD2.7 B2.6 B8.1 B
Decreasing
Slightly volatile
Total Debt USD77.7 B97.3 B92.6 B
Increasing
Slightly volatile
Accounts Payable6.8 BB6.2 B
Increasing
Slightly volatile
Receivables20.1 B23.8 B18.1 B
Increasing
Slightly volatile
Inventories3.3 B3.1 B1.5 B
Increasing
Slightly volatile

Verizon Communications Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues122.6 B133.6 B124 B
Increasing
Slightly volatile
Cost of Revenue41.2 B46.3 B46.6 B
Increasing
Slightly volatile
Selling General and Administrative Expense27.7 B28.4 B31.7 B
Decreasing
Stable
Operating Expenses41.1 B42.7 B47.1 B
Decreasing
Stable
Interest Expense3.3 B3.9 B3.9 B
Increasing
Slightly volatile
Income Tax Expense7.2 B6.6 B5.5 B
Increasing
Slightly volatile
Net Loss Income from Discontinued Operations(176.2 M)(163.3 M)(67.2 M)
Decreasing
Slightly volatile
Consolidated Income10.5 B12.2 B12.8 B
Increasing
Stable
Net Income to Non Controlling Interests567.7 M553.1 M3.3 B
Decreasing
Slightly volatile
Net Income23.8 B22.1 B14.3 B
Increasing
Slightly volatile
Net Income Common Stock12.7 B11.8 B10.2 B
Increasing
Slightly volatile
Weighted Average Shares3.7 B4.1 B3.7 B
Increasing
Slightly volatile
Weighted Average Shares Diluted3.7 B4.2 B3.7 B
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT24.2 B22.4 B19.7 B
Increasing
Slightly volatile
Revenues USD100.8 B113.4 B116.7 B
Increasing
Slightly volatile
Net Income Common Stock USD12.7 B11.8 B10.2 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD24.2 B22.4 B19.7 B
Increasing
Slightly volatile
Gross Profit61.7 B67.1 B71.9 B
Decreasing
Very volatile
Operating Income27.4 B32.4 B24.7 B
Increasing
Slightly volatile
Direct Expenses50.8 B56.3 B50.4 B
Increasing
Slightly volatile

Verizon Communications Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals5.9 B5.5 B2.5 B
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals32.3 M31.5 M2.4 M
Increasing
Slightly volatile
Net Cash Flow from Financing8.9 B8.3 B(9.4 B)
Increasing
Stable
Issuance Repayment of Debt Securities (1.3 B)(1.2 B)3.5 B
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares3.7 M3.5 M(311.4 M)
Decreasing
Very volatile
Net Cash Flow from Operations34.9 B39.5 B33.6 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(1.9 B)(1.8 B)(1.1 B)
Decreasing
Very volatile
Depreciation Amortization and Accretion13.9 B14.3 B15.7 B
Decreasing
Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share4.265.323.5198
Increasing
Slightly volatile
Earnings per Diluted Share4.255.323.5156
Increasing
Slightly volatile
Earnings per Basic Share USD3.132.92.6328
Increasing
Slightly volatile
Dividends per Basic Common Share1.812.042.0758
Increasing
Slightly volatile
Return on Average Equity32.7729.492440.3283
Increasing
Stable
Return on Average Assets5.546.46055.1226
Increasing
Slightly volatile
Return on Invested Capital0.09560.120.104
Increasing
Slightly volatile
Gross Margin64.8657.862659.8432
Increasing
Stable
Profit Margin13.1516.514110.7948
Increasing
Slightly volatile
EBITDA Margin31.4435.049730.8948
Increasing
Slightly volatile
Return on Sales0.150.180.1557
Increasing
Slightly volatile
Asset Turnover0.480.39120.4847
Decreasing
Slightly volatile
Payout Ratio0.830.812.0394
Decreasing
Slightly volatile
Enterprise Value over EBITDA8.668.967.8468
Increasing
Very volatile
Enterprise Value over EBIT18.3713.818.8595
Decreasing
Slightly volatile
Price to Earnings Ratio19.5619.0652.2119
Decreasing
Slightly volatile
Sales per Share36.8232.211434.5158
Decreasing
Slightly volatile
Price to Sales Ratio1.811.991.5788
Increasing
Slightly volatile
Price to Book Value9.388.698.313
Increasing
Slightly volatile
Debt to Equity Ratio2.811.84463.1394
Decreasing
Very volatile
Dividend Yield0.03940.03870.0429
Decreasing
Stable
Current Ratio1.010.77881.0407
Decreasing
Very volatile
Free Cash Flow per Share5.094.64154.5971
Decreasing
Stable
Book Value per Share6.526.357.3887
Decreasing
Slightly volatile
Tangible Assets Book Value per Share41.8734.2236.3559
Decreasing
Slightly volatile
Total Assets Per Share87.9987.330573.7791
Increasing
Very volatile
Cash Flow Per Share10.369.4199.417
Decreasing
Slightly volatile
Return on Investment18.4215.107518.1087
Decreasing
Very volatile
Operating Margin20.9824.285119.5987
Increasing
Slightly volatile
Calculated Tax Rate25.0723.234814.2185
Increasing
Stable
Receivables Turnover7.395.59487.6565
Decreasing
Slightly volatile
Inventory Turnover35.2923.212139.4955
Decreasing
Stable
PPandE Turnover1.311.37371.3826
Increasing
Slightly volatile
Cash and Equivalents Turnover15.6110.649823.125
Increasing
Stable
Accounts Payable Turnover22.0218.1721.5528
Decreasing
Slightly volatile
Accrued Expenses Turnover8.657.40018.2435
Decreasing
Stable
Interest Coverage7.749.44086.668
Increasing
Stable
Long Term Debt to Equity2.671.75362.9848
Decreasing
Very volatile
Quick Ratio0.80.56740.867
Decreasing
Stable
Net Current Assets as percentage of Total Assets(2.92)(2.8456)(0.1835)
Decreasing
Stable
Revenue to Assets0.470.36450.4767
Decreasing
Slightly volatile

Verizon Communications Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax19.9 B18.5 B15.7 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA40.9 B46.8 B38.7 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD30.8 B36.7 B34.8 B
Increasing
Slightly volatile
Market Capitalization156.6 B195.8 B179.2 B
Increasing
Slightly volatile
Enterprise Value227.8 B286 B261.1 B
Increasing
Slightly volatile
Invested Capital125.3 B118.1 B156.1 B
Decreasing
Slightly volatile
Average Equity32.4 B23.2 B25.2 B
Decreasing
Slightly volatile
Average Assets199.7 B216 B227.4 B
Increasing
Stable
Invested Capital Average153.4 B169.6 B173.4 B
Increasing
Slightly volatile
Tangible Asset Value110.5 B109.3 B124.5 B
Decreasing
Slightly volatile
Free Cash Flow7.6 B5.1 B9.8 B
Decreasing
Slightly volatile
Working Capital(3.8 B)(3.6 B)(1.1 B)
Decreasing
Stable
Revenue Per Employee925.9 K1.1 M798.9 K
Increasing
Slightly volatile
Net Income Per Employee201.1 K186.4 K99.8 K
Increasing
Slightly volatile

Verizon Fundamental Market Drivers

Forward Price Earnings8.51
Short Percent Of Float1.00%
Average Daily Volume Last 10 Day21.61M
Shares Short Prior Month35.31M
Average Daily Volume In Three Month20.42M
Date Short Interest15th of July 2022
Fifty Day Average49.43
Two Hundred Day Average51.37

Verizon Upcoming Events

Upcoming Quarterly Report25th of January 2022
Next Financial Report20th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Verizon Communications Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Verizon Communications income statement, its balance sheet, and the statement of cash flows. Verizon Communications investors use historical funamental indicators, such as Verizon Communications's revenue or net income, to determine how well the company is positioned to perform in the future. Although Verizon Communications investors may use each financial statement separately, they are all related. The changes in Verizon Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Verizon Communications's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Verizon Communications Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Verizon Communications. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue46.3 B41.2 B
Revenues133.6 B122.6 B
Revenue to Assets 0.36  0.47 
Revenue Per Employee1.1 M925.9 K
Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. Verizon Communications operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 119400 people.

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Is Verizon Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Verizon Communications. If investors know Verizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Verizon Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.12
Market Capitalization
188.8 B
Quarterly Revenue Growth YOY
0.001
Return On Assets
0.0463
Return On Equity
0.26
The market value of Verizon Communications is measured differently than its book value, which is the value of Verizon that is recorded on the company's balance sheet. Investors also form their own opinion of Verizon Communications' value that differs from its market value or its book value, called intrinsic value, which is Verizon Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Verizon Communications' market value can be influenced by many factors that don't directly affect Verizon Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Verizon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine Verizon Communications value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verizon Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.