Verizon Communications Inc financial data

Symbol
VZ on NYSE
Industry
Telephone Communications (No Radiotelephone)
Location
1095 Avenue Of The Americas, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
BELL ATLANTIC CORP (to 9/13/2000)
Latest financial report
10-Q - Q3 2024 - Oct 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 66.9 % -8.03%
Quick Ratio 3.7 % -14.7%
Return On Equity 10.2 % -53.4%
Return On Assets 2.58 % -53%
Operating Margin 16.3 % -26%

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 +0.17%
Weighted Average Number of Shares Outstanding, Diluted 4.23B shares +0.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 134B USD +0.11%
Costs and Expenses 112B USD +7.44%
Operating Income (Loss) 21.9B USD -25.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 14.6B USD -47.2%
Income Tax Expense (Benefit) 4.33B USD -30.7%
Net Income (Loss) Attributable to Parent 9.8B USD -53.1%
Earnings Per Share, Basic 2.32 USD/shares -53.2%
Earnings Per Share, Diluted 2.31 USD/shares -53.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.99B USD +18.5%
Accounts Receivable, after Allowance for Credit Loss, Current 23.9B USD +12.5%
Inventory, Net 2.52B USD +12.6%
Assets, Current 40.6B USD +6.62%
Property, Plant and Equipment, Net 108B USD +0.04%
Operating Lease, Right-of-Use Asset 23.6B USD -5.87%
Goodwill 22.8B USD -20.2%
Other Assets, Noncurrent 18.5B USD +2.03%
Assets 381B USD -0.95%
Accounts Payable, Current 10B USD +14.5%
Accrued Liabilities, Current 5.19B USD -33.7%
Contract with Customer, Liability, Current 7.22B USD +5.37%
Liabilities, Current 61.8B USD +11%
Long-term Debt and Lease Obligation 129B USD -4.14%
Contract with Customer, Liability, Noncurrent 1.88B USD +5.97%
Deferred Income Tax Liabilities, Net 45.9B USD +3.22%
Operating Lease, Liability, Noncurrent 19.2B USD -7.35%
Other Liabilities, Noncurrent 14.9B USD -17.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.67B USD -16.6%
Retained Earnings (Accumulated Deficit) 87B USD -1.65%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 97.7B USD -1.43%
Liabilities and Equity 381B USD -0.95%

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 5.39B USD -4.82%
Deferred Tax Assets, Valuation Allowance 1.34B USD -0.45%
Deferred Tax Assets, Gross 13B USD +1.63%
Operating Lease, Liability 24.3B USD -5.54%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 9.56B USD -54.8%
Lessee, Operating Lease, Liability, to be Paid 28.4B USD -4.76%
Property, Plant and Equipment, Gross 328B USD +3.41%
Operating Lease, Liability, Current 4.31B USD +10.4%
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
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%
Additional Paid in Capital 13.5B USD -0.33%
Amortization of Intangible Assets 2.78B USD +8.77%
Deferred Tax Assets, Net of Valuation Allowance 11.7B USD +1.88%
Interest Expense 6.37B USD +40.4%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%