HomeVZ • NYSE
Verizon Communications Inc.
$39.93
Pre-market:
$39.94
(0.025%)+0.0100
Closed: Mar 19, 5:14:08 AM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$39.49
Day range
$39.26 - $39.96
Year range
$30.14 - $43.21
Market cap
167.88B USD
Avg Volume
18.02M
P/E ratio
14.49
Dividend yield
6.66%
Primary exchange
NYSE
CDP Climate Change Score
B
Financials
Income Statement
Revenue
Net income
(USD)Dec 2023Y/Y change
Revenue
35.13B-0.34%
Operating expense
12.78B7.77%
Net income
-2.70B-141.13%
Net profit margin
-7.70-141.26%
Earnings per share
1.08-9.24%
EBITDA
11.67B-1.50%
Effective tax rate
-41.61%
Total assets
Total liabilities
(USD)Dec 2023Y/Y change
Cash and short-term investments
2.06B-20.73%
Total assets
380.26B0.15%
Total liabilities
286.46B-0.26%
Total equity
93.80B
Shares outstanding
4.20B
Price to book
1.80
Return on assets
4.69%
Return on capital
6.53%
Net change in cash
(USD)Dec 2023Y/Y change
Net income
-2.70B-141.13%
Cash from operations
8.68B-2.96%
Cash from investing
-7.82B-46.46%
Cash from financing
-3.02B1.95%
Net change in cash
-2.16B-512.79%
Free cash flow
-2.59B-144.41%
About
Verizon Communications Inc. is an American multinational telecommunications conglomerate. The company is incorporated in Delaware, and headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City. Verizon's capital stock is a component of the Dow Jones Industrial Average. It is the world's second-largest telecommunications company by revenue. The company was formed in 1984 as Bell Atlantic as a result of the breakup of the Bell System into seven companies, each a Regional Bell Operating Company, commonly referred to as "Baby Bells." The company was originally headquartered in Philadelphia and operated in the states of New Jersey and Virginia. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country not already in Bell Atlantic's footprint. Wikipedia
Founded
Oct 7, 1983
Employees
105,400
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