Verizon Historical Income Statement

VZ Stock  USD 41.54  0.69  1.69%   
Historical analysis of Verizon Communications income statement accounts such as Depreciation And Amortization of 11.7 B, Interest Expense of 7.7 B or Total Revenue of 78.9 B can show how well Verizon Communications performed in making a profits. Evaluating Verizon Communications income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Verizon Communications's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Verizon Communications latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Verizon Communications is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.

About Verizon Income Statement Analysis

Verizon Communications Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Verizon Communications shareholders. The income statement also shows Verizon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Verizon Communications Income Statement Chart

Verizon Communications Income Statement is one of the three primary financial statements used for reporting Verizon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Verizon Communications revenue and expense. Verizon Communications Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Verizon Communications' Interest Expense is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 76.1 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 11.7 B in 2024.

Total Revenue

Total revenue comprises all receipts Verizon Communications generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Verizon Communications minus its cost of goods sold. It is profit before Verizon Communications operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Verizon Communications. It is also known as Verizon Communications overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Verizon Communications operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Verizon Communications is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Verizon Communications' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Verizon Communications current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.At this time, Verizon Communications' Interest Expense is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 76.1 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 11.7 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit77.3B60.6B61.5B45.5B
Total Revenue133.6B136.8B134.0B78.9B

Verizon Communications income statement Correlations

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0.90.340.940.920.740.750.850.480.90.70.080.520.180.750.17-0.09-0.3-0.18-0.120.10.03-0.33-0.01
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0.670.440.810.740.670.980.950.550.380.95-0.170.790.420.24-0.180.42-0.16-0.25-0.240.260.35-0.32-0.36
0.690.450.820.750.690.980.970.560.390.95-0.160.770.450.26-0.190.36-0.04-0.23-0.260.220.4-0.28-0.34
0.840.50.930.850.830.950.970.640.560.9-0.130.710.380.46-0.080.24-0.04-0.23-0.240.20.36-0.26-0.27
0.670.910.660.480.640.550.560.640.30.48-0.60.410.230.49-0.270.160.28-0.23-0.46-0.040.660.4-0.6
0.810.170.770.90.840.380.390.560.30.350.220.2-0.020.880.36-0.39-0.35-0.080.01-0.01-0.21-0.270.21
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0.120.160.240.180.160.420.450.380.23-0.020.48-0.05-0.040.01-0.14-0.260.340.660.20.380.3-0.09-0.29
0.820.40.720.750.830.240.260.460.490.880.160.04-0.010.010.34-0.5-0.080.05-0.01-0.1-0.080.020.14
0.19-0.460.020.170.1-0.18-0.19-0.08-0.270.36-0.10.44-0.49-0.140.34-0.33-0.190.370.510.0-0.53-0.120.49
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-0.15-0.6-0.21-0.12-0.16-0.24-0.26-0.24-0.460.01-0.070.65-0.410.2-0.010.51-0.340.090.660.52-0.44-0.380.29
0.1-0.330.180.10.150.260.220.2-0.04-0.010.420.450.20.38-0.10.0-0.010.040.330.520.07-0.63-0.19
0.180.610.270.030.210.350.40.360.66-0.210.28-0.770.310.3-0.08-0.530.290.45-0.15-0.440.070.21-0.89
-0.140.56-0.28-0.33-0.25-0.32-0.28-0.260.4-0.27-0.35-0.52-0.29-0.090.02-0.120.030.5-0.08-0.38-0.630.21-0.1
-0.07-0.53-0.2-0.01-0.13-0.36-0.34-0.27-0.60.21-0.30.76-0.32-0.290.140.49-0.33-0.170.120.29-0.19-0.89-0.1
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Verizon Communications Account Relationship Matchups

Verizon Communications income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization14.0B16.1B16.2B17.1B17.6B11.7B
Interest Expense4.7B4.2B3.5B5.6B7.3B7.7B
Total Revenue131.9B128.3B133.6B136.8B134.0B78.9B
Gross Profit77.1B77.1B77.3B60.6B61.5B45.5B
Other Operating Expenses101.3B99.5B101.2B106.4B105.1B63.6B
Operating Income30.4B28.8B32.0B30.5B28.8B15.2B
Ebit30.4B28.8B32.0B30.5B28.8B15.0B
Ebitda44.3B44.9B48.2B47.6B46.5B26.7B
Cost Of Revenue54.7B51.2B56.3B76.2B72.5B76.1B
Total Operating Expenses46.6B48.3B44.9B30.1B32.6B30.2B
Income Before Tax22.7B24.0B29.4B28.3B17.0B12.3B
Total Other Income Expense Net(7.6B)(4.8B)(2.5B)(2.2B)(11.8B)(11.3B)
Net Income19.3B17.8B22.1B21.3B11.6B7.8B
Income Tax Expense2.9B5.6B6.8B6.5B4.9B2.6B
Selling General Administrative26.8B28.5B25.3B26.6B31.8B26.6B
Net Income Applicable To Common Shares19.3B17.8B22.1B21.3B24.4B25.7B
Minority Interest523M547M(553M)(492M)(470M)(446.5M)
Net Income From Continuing Ops19.8B18.3B22.6B21.7B21.4B21.0B
Non Operating Income Net Other(2.9B)(584M)457M1.4B1.6B1.7B
Tax Provision2.9B5.6B6.8B6.5B6.2B4.8B
Interest Income121M4.3B3.3B3.6B348M330.6M
Net Interest Income(4.6B)(4.2B)(3.5B)(3.6B)(4.7B)(4.9B)
Reconciled Depreciation16.7B16.7B16.2B17.1B17.3B18.6B

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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Verizon Communications' public news can be used to forecast risks associated with an investment in Verizon. The trend in average sentiment can be used to explain how an investor holding Verizon can time the market purely based on public headlines and social activities around Verizon Communications. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Verizon Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Verizon Communications' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Verizon Communications' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Verizon Communications.

Verizon Communications Implied Volatility

    
  25.98  
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Verizon Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.
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 the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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
(0.03)
Dividend Share
2.635
Earnings Share
2.75
Revenue Per Share
31.815
Quarterly Revenue Growth
(0)
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 if Verizon Communications is a good investment 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.