Verizon Communications Inc financial data

Symbol
VZ on NYSE
Industry
Telephone Communications (No Radiotelephone)
Location
1095 Avenue Of The Americas, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
BELL ATLANTIC CORP (to 9/13/2000)
Latest financial report
Q1 2024 - Apr 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 70.2 % -6.71%
Quick Ratio 3.87 % -33%
Return On Equity 11.7 % -50.6%
Return On Assets 2.97 % -48.4%
Operating Margin 17 % -23.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.21B shares +0.13%
Entity Public Float 156B USD -26.7%
Common Stock, Value, Issued 429M USD 0%
Weighted Average Number of Shares Outstanding, Basic 4.22B shares +0.19%
Weighted Average Number of Shares Outstanding, Diluted 4.22B shares +0.19%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 134B USD -1.58%
Costs and Expenses 111B USD +4.99%
Operating Income (Loss) 22.8B USD -24.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 16.6B USD -42.3%
Income Tax Expense (Benefit) 4.76B USD -28.2%
Net Income (Loss) Attributable to Parent 11.3B USD -47.6%
Earnings Per Share, Basic 2.68 USD/shares -47.9%
Earnings Per Share, Diluted 2.67 USD/shares -48.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.37B USD +5.86%
Accounts Receivable, after Allowance for Credit Loss, Current 23.9B USD +12.5%
Inventory, Net 2.08B USD -12.8%
Assets, Current 38B USD +6.26%
Property, Plant and Equipment, Net 108B USD +0.82%
Operating Lease, Right-of-Use Asset 24.4B USD -6.15%
Goodwill 22.8B USD -20.3%
Other Assets, Noncurrent 19.3B USD +9.4%
Assets 380B USD +0.65%
Accounts Payable, Current 10B USD +14.5%
Accrued Liabilities, Current 5.19B USD -33.7%
Contract with Customer, Liability, Current 7.14B USD +6.72%
Liabilities, Current 53.6B USD +12.3%
Long-term Debt and Lease Obligation 136B USD -3.32%
Contract with Customer, Liability, Noncurrent 1.95B USD +12.7%
Deferred Income Tax Liabilities, Net 46B USD +5.3%
Operating Lease, Liability, Noncurrent 19.7B USD -7.74%
Other Liabilities, Noncurrent 16.3B USD -5.68%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.2B USD +44.9%
Retained Earnings (Accumulated Deficit) 84.7B USD +0.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 95.7B USD +1.6%
Liabilities and Equity 380B USD +0.65%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7.08B USD -14.5%
Net Cash Provided by (Used in) Financing Activities -1.43B USD +40.1%
Net Cash Provided by (Used in) Investing Activities -5.25B USD +14.2%
Common Stock, Shares Authorized 6.25B shares 0%
Common Stock, Shares, Issued 4.29B shares 0%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 411M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.91B USD +0.03%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.38B USD +32.2%
Deferred Tax Assets, Valuation Allowance 1.34B USD -0.45%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 13B USD +1.63%
Operating Lease, Liability 24.3B USD -5.54%
Depreciation 14.9B USD +2.36%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 12.3B USD -39.5%
Lessee, Operating Lease, Liability, to be Paid 28.4B USD -4.76%
Property, Plant and Equipment, Gross 322B USD +3.78%
Operating Lease, Liability, Current 4.28B USD +2.51%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.42B USD +2.27%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.76B USD +3.75%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 141M USD -57.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.13B USD +0.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.07B USD +3.46%
Deferred Tax Assets, Operating Loss Carryforwards 1.92B USD -0.93%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 1.8B USD -28.9%
Current Income Tax Expense (Benefit) 2.5B USD -29.5%
Preferred Stock, Shares Authorized 250M shares 0%
Unrecognized Tax Benefits 2.71B USD -3.81%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.74B USD +4.85%
Operating Lease, Payments 4.93B USD +9.78%
Additional Paid in Capital 13.6B USD +0.36%
Current State and Local Tax Expense (Benefit) 215M USD -77.1%
Current Federal Tax Expense (Benefit) 2.07B USD -14.1%
Amortization of Intangible Assets 2.74B USD +8.69%
Deferred Tax Assets, Net of Valuation Allowance 11.7B USD +1.88%
Deferred State and Local Income Tax Expense (Benefit) 561M USD +20.4%
Interest Expense 5.95B USD +47.5%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%