Verizon Financial Statements From 2010 to 2022

VZ -  USA Stock  

USD 50.93  1.97  3.72%

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 Earnings before Tax are fairly stable at the moment as compared to the past year. Verizon Communications reported Earnings before Tax of 18.45 Billion in 2021. Average Equity is likely to rise to about 32.4 B in 2022, whereas Net Income Per Employee is likely to drop slightly above 98.4 K in 2022.

Verizon Financial Statements 

 
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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 45.2 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 7.83, Long Term Debt to Equity of 2.17 or Calculated Tax Rate of 22.72. Verizon financial statements analysis is a perfect complement when working with Verizon Communications Valuation or Volatility modules. It can also supplement various Verizon Communications Technical models. Also, please take a look at the analysis of Verizon Communications Correlation against competitors.

Verizon Communications Revenues

112.66 BillionShare

Verizon Communications Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets257.1 B284.8 B257.2 B
Increasing
Slightly volatile
Cash and Equivalents27.5 B25.5 B13.6 B
Increasing
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 Liabilities208.8 B223.8 B216.2 B
Increasing
Slightly volatile
Shareholders Equity48.3 B61.1 B41 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 Assets40.4 B49.1 B36.2 B
Increasing
Slightly volatile
Assets Non Current179.4 B196 B203.3 B
Increasing
Stable
Current Liabilities32.7 B35.7 B33.3 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 Payable5.7 BB5.9 B
Increasing
Slightly volatile
Receivables18.7 B21.5 B17.8 B
Increasing
Slightly volatile
Inventories1.4 B1.6 B1.3 B
Increasing
Slightly volatile

Verizon Communications Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues112.7 B115.5 B121.8 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 Income13.8 B16 B13.1 B
Increasing
Slightly volatile
Net Income Common Stock12.7 B11.8 B10.2 B
Increasing
Slightly volatile
Weighted Average Shares3.5 B3.7 B3.6 B
Increasing
Slightly volatile
Weighted Average Shares Diluted3.5 B3.7 B3.6 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 Income23.6 B25.9 B23.9 B
Increasing
Slightly volatile
Direct Expenses45.2 B46.1 B49.2 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 Financing1.3 B1.2 B(10.5 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 Operations33.7 B37.6 B33.4 B
Increasing
Stable
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 Share3.423.873.3439
Increasing
Slightly volatile
Earnings per Diluted Share3.423.873.3397
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 Equity30.7324.7939.8098
Increasing
Stable
Return on Average Assets4.865.274.9788
Increasing
Slightly volatile
Return on Invested Capital0.09560.120.104
Increasing
Slightly volatile
Gross Margin70.8669.161.1691
Increasing
Slightly volatile
Profit Margin10.8112.4910.305
Increasing
Slightly volatile
EBITDA Margin28.5129.7930.2651
Increasing
Stable
Return on Sales0.150.180.1557
Increasing
Slightly volatile
Asset Turnover0.540.480.4955
Decreasing
Very 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 Share38.6935.5434.9155
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 Ratio2.281.713.0887
Decreasing
Very volatile
Dividend Yield0.03940.03870.0429
Decreasing
Stable
Current Ratio1.451.581.1364
Increasing
Stable
Free Cash Flow per Share6.076.534.8184
Decreasing
Very volatile
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 Share87.5587.9573.7927
Increasing
Very volatile
Cash Flow Per Share11.5111.619.6738
Decreasing
Stable
Return on Investment20.0517.9118.4499
Increasing
Very volatile
Operating Margin18.6520.219.1053
Increasing
Slightly volatile
Calculated Tax Rate22.7221.0613.8705
Increasing
Very volatile
Receivables Turnover7.695.967.7079
Decreasing
Slightly volatile
Inventory Turnover32.4928.6439.6976
Decreasing
Stable
PPandE Turnover1.231.231.3658
Increasing
Stable
Cash and Equivalents Turnover9.549.322.5547
Increasing
Stable
Accounts Payable Turnover23.3920.4521.8343
Decreasing
Slightly volatile
Accrued Expenses Turnover9.458.858.417
Increasing
Very volatile
Interest Coverage7.837.926.5579
Increasing
Stable
Long Term Debt to Equity2.171.632.9375
Decreasing
Very volatile
Quick Ratio1.231.340.959
Increasing
Very volatile
Net Current Assets as percentage of Total Assets5.865.431.1282
Increasing
Stable
Revenue to Assets0.530.470.4895
Decreasing
Stable

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 EBITDA36 B38.2 B37.6 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 Employee777.3 K871 K767.7 K
Increasing
Slightly volatile
Net Income Per Employee98.4 K120.9 K86.8 K
Increasing
Slightly volatile

Verizon Fundamental Market Drivers

Forward Price Earnings9.84
Short Percent Of Float1.59%
Average Daily Volume Last 10 Day20.55M
Shares Short Prior Month48.28M
Average Daily Volume In Three Month20.97M
Date Short Interest15th of December 2021
Fifty Day Average52.16
Two Hundred Day Average54.78

Verizon Upcoming Events

Upcoming Quarterly Report25th of January 2022
Next Earnings 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 Earning 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
Revenues115.5 B112.7 B
Revenue to Assets 0.47  0.53 
Revenue Per Employee871 K777.3 K
Verizon Communications Inc. 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 118500 people.

Verizon Communications Investors Sentiment

The influence of Verizon Communications' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Verizon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Verizon Communications Implied Volatility

    
  53.38  
Verizon Communications' implied volatility exposes the market's sentiment of Verizon Communications stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Verizon Communications' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Verizon Communications stock will not fluctuate a lot when Verizon Communications' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Verizon Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Verizon Communications' short interest history, or implied volatility extrapolated from Verizon Communications options trading.

Current Sentiment - VZ

Verizon Communications Investor Sentiment

Nearly all of Macroaxis users are at this time bullish on Verizon Communications. What is your outlook on investing in Verizon Communications? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Also, please take a look at the analysis of Verizon Communications Correlation against competitors. Note that the Verizon Communications information on this page should be used as a complementary analysis to other Verizon Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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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.
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.