Verizon Communications Inc (VZ) Company Profile & Statistics

Verizon Communications Inc
VZ
(NYSE)
Closed
41.92
-0.33 (-0.78%)
in:usd•As of: Nov 19, 2024 15:59 UTC -5
Pre Market:0+0.00 (0.00%)
Open
42.09
High
42.21
Low
41.80

About Verizon Communications Inc

CEO

Hans Vestberg

Headquarters

1095 avenue of the americas

new york, ny 10036, united states

Auditor

Ernst & Young LLP

Employees

105,400

Share Holders

421,493

Website

www.verizon.com

Industry

wireless telecommunications

Sector

communications

Company Overview

Verizon Communications Inc. offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide.Verizon has teamed up with Amazon Web Services to create and deploy low latency applications to mobile devices using 5G and became the first telecom carrier in the world to offer such service. The company has launched a free consumer search engine dubbed OneSearch with enhanced privacy options to add a new dimension to the search ecosystem. It has also announced a pricing breakthrough in the cable industry with the launch of Mix & Match on its FiOS platform, enabling viewers to combine TV with Internet plans effectively without any hidden charges and annual contracts.

Verizon Communications Inc Statistics

Valuation Measures

Market Capitalization ²	176.47B
Enterprise Value	322.12B
Enterprise Value/EBITDA (ttm)	8.10
Price to Earnings Ratio (ttm)	9.11
Price to Book (mrq)	1.80
Price to Sales (ttm)	1.31
Price to Cash (ytd)	4.67

Profitability

Gross Margin (ttm)	60.00%
Operating Margin (ttm)	14.36%
Profit Margin (ttm)	7.54%
Return on Equity (ttm)	20.05%
Return on Invested Capital (ttm)	4.53%
Return on Assets (ttm)	5.07%

Income Statement

Revenue (ttm)	134.24B
Revenue Per Share (ttm)	31.89
Gross Profit (ttm)	80.47B
EBITDA (ttm)³	39.77B
Net Income Avi to Common (ttm)	9.80B
Diluted EPS (ttm)	2.32

Share Statistics

Beta (5Y Monthly)	0.43
52-Week Change	21.73%
S&P500 52-Week Change	30.12%
S&P500 Member	Yes
Stock Optionable	Yes
Total Shares Outstanding ¹	4.21B
Dividend Yield	6.51%
Float ⁴	4.21B
% Held by Insiders	0.03%
% Held by Institutions	62.06%

Balance Sheet

Total Cash (mrq)	4.99B
Total Cash Per Share (mrq)	1.18
Total Debt (mrq)	150.64B
Total Debt/Equity (mrq)	154.24%
Current Ratio (mrq)	0.66%
Quick Ratio (mrq)	0.62%
Book Value Per Share (mrq)	23.20

Cash Flow

Operating Cash Flow Per Share (ytd)	6.27
Free Cash Flow (ytd)	14.46B

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Verizon Communications Inc

Trade With A Regulated Broker