Verizon Communications (VZ)

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+$0.91 (+2.19%)Past Day

About

Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 29 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.

Key Insights

  • Share Price

    $42.20

  • Market Cap

    $177.66 Billion

  • Total Outstanding Shares

    4.21 Billion Shares

  • Total Employees

    105,400

  • Dividend

    $0.6775 Per Share Quarterly

  • IPO Date

    April 17, 1984

  • SIC Description

    Telephone Communications (no Radiotelephone)

  • Homepage

    https://www.verizon.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

July 1, 2023 to June 30, 2024
MetricValue
Net Cash Flow$-2.45 Billion
Net Cash Flow From Investing Activities, Continuing$-22.34 Billion
Net Cash Flow From Financing Activities$-16.13 Billion
Net Cash Flow From Financing Activities, Continuing$-16.13 Billion
Net Cash Flow From Operating Activities, Continuing$36.02 Billion
Net Cash Flow From Operating Activities$36.02 Billion
Net Cash Flow From Investing Activities$-22.34 Billion
Net Cash Flow, Continuing$-2.45 Billion

Income Statement

July 1, 2023 to June 30, 2024
MetricValue
Other Operating Expenses$59.80 Billion
Selling, General, and Administrative Expenses$33.15 Billion
Revenues$134.24 Billion
Net Income/Loss Attributable To Noncontrolling Interest$483.00 Million
Operating Income/Loss$23.41 Billion
Income Tax Expense/Benefit, Deferred$2.04 Billion
Net Income/Loss Available To Common Stockholders, Basic$11.25 Billion
Income/Loss From Continuing Operations After Tax$11.73 Billion
Income/Loss From Continuing Operations Before Tax$16.48 Billion
Interest Expense, Operating$6.37 Billion
Income/Loss Before Equity Method Investments$16.54 Billion
Operating Expenses$110.83 Billion
Costs And Expenses$110.83 Billion
Diluted Earnings Per Share$2.66
Preferred Stock Dividends And Other Adjustments$0.00
Basic Average Shares$12.64 Billion
Net Income/Loss Attributable To Parent$11.25 Billion
Basic Earnings Per Share$2.67
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Income/Loss From Equity Method Investments$-52.00 Million
Income Tax Expense/Benefit$4.75 Billion
Benefits Costs and Expenses$117.76 Billion
Depreciation and Amortization$17.88 Billion
Diluted Average Shares$12.66 Billion
Net Income/Loss$11.73 Billion

Balance Sheet

July 1, 2023 to June 30, 2024
MetricValue
Assets$379.15 Billion
Current Liabilities$60.81 Billion
Fixed Assets$107.89 Billion
Inventory$1.84 Billion
Current Assets$38.06 Billion
Noncurrent Assets$341.09 Billion
Noncurrent Liabilities$220.80 Billion
Other Non-current Assets$233.20 Billion
Liabilities$281.61 Billion
Equity Attributable To Parent$96.17 Billion
Other Current Assets$36.22 Billion
Liabilities And Equity$379.15 Billion
Equity$97.54 Billion
Equity Attributable To Noncontrolling Interest$1.37 Billion

Historical Dividends

Current dividend: $0.6775 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Sep 4, 2024Nov 1, 2024Oct 10, 2024$0.6775Quarterly
Jun 5, 2024Aug 1, 2024Jul 10, 2024$0.665Quarterly
Feb 29, 2024May 1, 2024Apr 10, 2024$0.665Quarterly
Dec 7, 2023Feb 1, 2024Jan 10, 2024$0.665Quarterly
Sep 7, 2023Nov 1, 2023Oct 10, 2023$0.665Quarterly
Jun 1, 2023Aug 1, 2023Jul 10, 2023$0.6525Quarterly
Mar 2, 2023May 1, 2023Apr 10, 2023$0.6525Quarterly
Dec 1, 2022Feb 1, 2023Jan 10, 2023$0.6525Quarterly
Sep 6, 2022Nov 1, 2022Oct 7, 2022$0.6525Quarterly
May 31, 2022Aug 1, 2022Jul 8, 2022$0.64Quarterly
Feb 28, 2022May 2, 2022Apr 8, 2022$0.64Quarterly
Dec 2, 2021Feb 1, 2022Jan 10, 2022$0.64Quarterly
Sep 2, 2021Nov 1, 2021Oct 8, 2021$0.64Quarterly
Jun 2, 2021Aug 2, 2021Jul 9, 2021$0.6275Quarterly
Mar 3, 2021May 3, 2021Apr 9, 2021$0.6275Quarterly
Dec 3, 2020Feb 1, 2021Jan 8, 2021$0.6275Quarterly
Sep 3, 2020Nov 2, 2020Oct 9, 2020$0.6275Quarterly
Jun 4, 2020Aug 3, 2020Jul 10, 2020$0.615Quarterly
Mar 5, 2020May 1, 2020Apr 13, 2020$0.615Quarterly
Dec 5, 2019Feb 3, 2020Jan 10, 2020$0.615Quarterly
Sep 5, 2019Nov 1, 2019Oct 10, 2019$0.615Quarterly
Jun 6, 2019Aug 1, 2019Jul 10, 2019$0.6025Quarterly
Mar 8, 2019May 1, 2019Apr 10, 2019$0.6025Quarterly
Dec 6, 2018Feb 1, 2019Jan 10, 2019$0.6025Quarterly
Sep 6, 2018Nov 1, 2018Oct 10, 2018$0.6025Quarterly
Jun 7, 2018Aug 1, 2018Jul 10, 2018$0.59Quarterly
Mar 6, 2018May 1, 2018Apr 10, 2018$0.59Quarterly
Dec 7, 2017Feb 1, 2018Jan 10, 2018$0.59Quarterly
Sep 7, 2017Nov 1, 2017Oct 10, 2017$0.59Quarterly
Jun 1, 2017Aug 1, 2017Jul 10, 2017$0.5775Quarterly
Mar 3, 2017May 1, 2017Apr 10, 2017$0.5775Quarterly
Dec 1, 2016Feb 1, 2017Jan 10, 2017$0.5775Quarterly
Sep 1, 2016Nov 1, 2016Oct 7, 2016$0.5775Quarterly
Jun 2, 2016Aug 1, 2016Jul 8, 2016$0.565Quarterly
Mar 4, 2016May 2, 2016Apr 8, 2016$0.565Quarterly
Dec 3, 2015Feb 1, 2016Jan 8, 2016$0.565Quarterly
Sep 3, 2015Nov 2, 2015Oct 9, 2015$0.565Quarterly
Jun 4, 2015Aug 3, 2015Jul 10, 2015$0.55Quarterly
Mar 6, 2015May 1, 2015Apr 10, 2015$0.55Quarterly
Dec 4, 2014Feb 2, 2015Jan 9, 2015$0.55Quarterly
Sep 4, 2014Nov 3, 2014Oct 10, 2014$0.55Quarterly
Jun 5, 2014Aug 1, 2014Jul 10, 2014$0.53Quarterly
Mar 7, 2014May 1, 2014Apr 10, 2014$0.53Quarterly
Dec 5, 2013Feb 3, 2014Jan 10, 2014$0.53Quarterly
Sep 2, 2013Nov 1, 2013Oct 10, 2013$0.53Quarterly
Jun 6, 2013Aug 1, 2013Jul 10, 2013$0.515Quarterly
Mar 8, 2013May 1, 2013Apr 10, 2013$0.515Quarterly
Dec 6, 2012Feb 1, 2013Jan 10, 2013$0.515Quarterly
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