VERIZON COMMUNICATIONS INC Annual Operating Margin in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Verizon Communications Inc quarterly/annual Operating Margin history and growth rate from 2010 to 2023.
  • Verizon Communications Inc Operating Margin for the quarter ending September 30, 2024 was 16.3 %, a 26% decline year-over-year.
  • Verizon Communications Inc annual Operating Margin for 2023 was 17.1 %, a 23.3% decline from 2022.
  • Verizon Communications Inc annual Operating Margin for 2022 was 22.3 %, a 8.32% decline from 2021.
  • Verizon Communications Inc annual Operating Margin for 2021 was 24.3 %, a 8.2% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 17.1 -5.19 -23.3% Jan 1, 2023 Dec 31, 2023
2022 22.3 -2.02 -8.32% Jan 1, 2022 Dec 31, 2022
2021 24.3 +1.84 +8.2% Jan 1, 2021 Dec 31, 2021
2020 22.5 -0.59 -2.56% Jan 1, 2020 Dec 31, 2020
2019 23 +6.01 +35.3% Jan 1, 2019 Dec 31, 2019
2018 17 -4.74 -21.8% Jan 1, 2018 Dec 31, 2018
2017 21.8 -1.46 -6.29% Jan 1, 2017 Dec 31, 2017
2016 23.2 -0.04 -0.17% Jan 1, 2016 Dec 31, 2016
2015 23.3 +7.84 +50.8% Jan 1, 2015 Dec 31, 2015
2014 15.4 -11.1 -41.9% Jan 1, 2014 Dec 31, 2014
2013 26.5 +15.2 +133% Jan 1, 2013 Dec 31, 2013
2012 11.4 -0.26 -2.24% Jan 1, 2012 Dec 31, 2012
2011 11.6 -2.13 -15.5% Jan 1, 2011 Dec 31, 2011
2010 13.7 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.