VERIZON COMMUNICATIONS INC Annual Return On Equity in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Verizon Communications Inc quarterly/annual Return On Equity history and growth rate from 2010 to 2023.
  • Verizon Communications Inc Return On Equity for the quarter ending September 30, 2024 was 10.2 %, a 53.4% decline year-over-year.
  • Verizon Communications Inc annual Return On Equity for 2023 was 12.1 %, a 49.6% decline from 2022.
  • Verizon Communications Inc annual Return On Equity for 2022 was 24 %, a 15.7% decline from 2021.
  • Verizon Communications Inc annual Return On Equity for 2021 was 28.5 %, a 4.78% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 12.1 -11.9 -49.6% Jan 1, 2023 Dec 31, 2023
2022 24 -4.49 -15.7% Jan 1, 2022 Dec 31, 2022
2021 28.5 +1.3 +4.78% Jan 1, 2021 Dec 31, 2021
2020 27.2 -5.08 -15.7% Jan 1, 2020 Dec 31, 2020
2019 32.3 +3.64 +12.7% Jan 1, 2019 Dec 31, 2019
2018 28.7 -67.7 -70.3% Jan 1, 2018 Dec 31, 2018
2017 96.4 +35.9 +59.4% Jan 1, 2017 Dec 31, 2017
2016 60.5 -67.2 -52.7% Jan 1, 2016 Dec 31, 2016
2015 128 +65.1 +104% Jan 1, 2015 Dec 31, 2015
2014 62.6 +49.8 +391% Jan 1, 2014 Dec 31, 2014
2013 12.8 +11.8 +1202% Jan 1, 2013 Dec 31, 2013
2012 0.98 -1.74 -63.9% Jan 1, 2012 Dec 31, 2012
2011 2.72 -0.27 -9.02% Jan 1, 2011 Dec 31, 2011
2010 2.99 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.