Verizon Communications (VZ)

$

9
8
7
6
5
4
3
2
1
0
0
9
8
7
6
5
4
3
2
1
0
0
.
9
8
7
6
5
4
3
2
1
0
0
$1.20 (-2.74%)Past DayToday's Volume:
9
8
7
6
5
4
3
2
1
0
0
9
8
7
6
5
4
3
2
1
0
0
9
8
7
6
5
4
3
2
1
0
0
,
9
8
7
6
5
4
3
2
1
0
0
9
8
7
6
5
4
3
2
1
0
0
9
8
7
6
5
4
3
2
1
0
0
,
9
8
7
6
5
4
3
2
1
0
0

About

Business overview of Verizon Communications (VZ)
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 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 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. Verizon agreed to acquire Frontier Communications in September 2024.

Key Insights

Critical company metrics and information
  • Share Price

    $42.65
  • Market Cap

    $179.52 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

October 1, 2023 to September 30, 2024
MetricValue
Net Cash Flow$-273.00 Million
Net Cash Flow From Financing Activities$-14.49 Billion
Net Cash Flow From Investing Activities$-20.94 Billion
Net Cash Flow From Operating Activities, Continuing$35.16 Billion
Net Cash Flow From Investing Activities, Continuing$-20.94 Billion
Net Cash Flow From Financing Activities, Continuing$-14.49 Billion
Net Cash Flow From Operating Activities$35.16 Billion
Net Cash Flow, Continuing$-273.00 Million

Income Statement

October 1, 2023 to September 30, 2024
MetricValue
Basic Average Shares$4.22 Billion
Benefits Costs and Expenses$119.64 Billion
Net Income/Loss$10.26 Billion
Income Tax Expense/Benefit, Deferred$1.81 Billion
Net Income/Loss Attributable To Noncontrolling Interest$466.00 Million
Diluted Average Shares$4.22 Billion
Diluted Earnings Per Share$2.31
Basic Earnings Per Share$2.32
Depreciation and Amortization$17.90 Billion
Selling, General, and Administrative Expenses$34.86 Billion
Preferred Stock Dividends And Other Adjustments$0.00
Income/Loss Before Equity Method Investments$14.65 Billion
Net Income/Loss Available To Common Stockholders, Basic$9.80 Billion
Revenues$134.24 Billion
Income/Loss From Equity Method Investments$-58.00 Million
Net Income/Loss Attributable To Parent$9.80 Billion
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Other Operating Expenses$59.61 Billion
Costs And Expenses$112.37 Billion
Operating Income/Loss$21.86 Billion
Income/Loss From Continuing Operations After Tax$10.26 Billion
Income/Loss From Continuing Operations Before Tax$14.59 Billion
Operating Expenses$112.37 Billion
Income Tax Expense/Benefit$4.33 Billion

Balance Sheet

October 1, 2023 to September 30, 2024
MetricValue
Assets$381.16 Billion
Other Non-current Assets$233.00 Billion
Current Assets$40.64 Billion
Liabilities$283.50 Billion
Current Liabilities$61.82 Billion
Other Current Assets$38.12 Billion
Liabilities And Equity$381.16 Billion
Equity$97.67 Billion
Noncurrent Assets$340.52 Billion
Noncurrent Liabilities$221.68 Billion
Inventory$2.52 Billion
Equity Attributable To Parent$96.33 Billion
Equity Attributable To Noncontrolling Interest$1.34 Billion
Fixed Assets$107.53 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

Related Companies

View additional S&P 500 companies similar to Verizon Communications (VZ)
Boost your savings and earn 4.35% APY with a Marcus by Goldman Sachs savings account, a rate that's 8x the national averagewhen signing up with Financhle. No fees, no minimum deposits, backed by the financial expertise of Goldman Sachs. Terms apply.