VERIZON COMMUNICATIONS INC
VZ· NYSE· Telephone Communications (No Radiotelephone)
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- –
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +1.5%
We record prices for the companies we cover; VZ is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 4.23B
- Revenue
- $138.2B
- Free cash flow
- –
- Owner earnings
- –
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 21.2%
- Net
- 12.4%
- Free cash flow
- –
- Owner earnings
- –
- Stock pay
- –
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 16.2%
- ROE, 5 yr avg
- 19.1%
Growth (CAGR)
- Revenue, 3 yr
- 0.3%
- Revenue, 5 yr
- 1.5%
- Revenue, 9 yr
- 1.0%
- Diluted EPS, 3 yr
- -7.1%
- Diluted EPS, 5 yr
- -1.1%
- Diluted EPS, 9 yr
- 2.6%
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- –
Financial health · FY2025
- Cash and investments
- $19.0B
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 66.9%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 0.4%
Financials: ten years from the 10-Ks
Revenue
$138.2B
+1.0% a year over 9 years
FY2016FY2025
Margins
Operating21.2%Net12.4%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow–Owner earnings–
Free cash flow +95.4% a year
FY2016FY2025
Diluted shares
4.23B
+3.5% over 9 years, net dilution
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $126.0B | $126.0B | $130.9B | $131.9B | $128.3B | $133.6B | $136.8B | $134.0B | $134.8B | $138.2B |
| Revenue growth | -4.3% | 0.0% | 3.8% | 0.8% | -2.7% | 4.1% | 2.4% | -2.1% | 0.6% | 2.5% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 23.2% | 21.8% | 17.0% | 23.0% | 22.4% | 24.3% | 22.3% | 17.1% | 21.3% | 21.2% |
| Net income | $13.1B | $30.1B | $15.5B | $19.3B | $17.8B | $22.1B | $21.3B | $11.6B | $17.5B | $17.2B |
| Net margin | 10.4% | 23.9% | 11.9% | 14.6% | 13.9% | 16.5% | 15.5% | 8.7% | 13.0% | 12.4% |
| Diluted EPS | $3.21 | $7.36 | $3.76 | $4.65 | $4.30 | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $21.7B | $24.3B | $34.3B | $35.7B | $41.8B | $39.5B | $37.1B | $37.5B | $36.9B | $37.1B |
| Capital expenditure | $17.1B | $17.2B | $16.7B | – | – | – | – | – | – | – |
| Free cash flow | $4.6B | $7.1B | $17.7B | – | – | – | – | – | – | – |
| Stock-based compensation | $400.0M | – | – | – | – | – | – | – | – | – |
| Owner earnings? | $4.2B | – | – | – | – | – | – | – | – | – |
| Free cash flow per share | $1.13 | $1.73 | $4.28 | – | – | – | – | – | – | – |
| Capital allocation | ||||||||||
| Dividends paid | $9.3B | $9.5B | $9.8B | $10.0B | $10.2B | $10.4B | $10.8B | $11.0B | $11.2B | $11.5B |
| Share repurchases | $0 | $0 | – | – | – | – | – | – | – | – |
| Diluted shares | 4.09B | 4.09B | 4.13B | 4.14B | 4.14B | 4.15B | 4.20B | 4.21B | 4.22B | 4.23B |
| Share count change? | -0.2% | 0.1% | 1.1% | 0.2% | 0.0% | 0.2% | 1.3% | 0.3% | 0.2% | 0.2% |
| Balance sheet | ||||||||||
| Cash and equivalents | $2.9B | $2.1B | $2.7B | $2.6B | $22.2B | $2.9B | $2.6B | $2.1B | $4.2B | $19.0B |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | – | – | – | – | – | – | – | – | – | – |
| Net debt | – | – | – | – | – | – | – | – | – | – |
| Shareholders' equity | $24.0B | $44.7B | $54.7B | $62.8B | $69.3B | $83.2B | $92.5B | $93.8B | $100.6B | $105.7B |
Latest filings
| 2026-10-29 | 10-Q | Quarterly report |
| 2026-10-26 | 8-K | Earnings release |
| 2026-07-31 | 10-Q | Quarterly report |
| 2026-07-24 | 8-K | Earnings release |
| 2026-05-01 | 10-Q | Quarterly report |
| 2026-04-27 | 8-K | Earnings release |
| 2026-04-06 | DEF 14A | Proxy statement |
| 2026-02-17 | 10-K | Annual report |
| 2026-01-30 | 8-K | Earnings release |
| 2025-10-29 | 10-Q | Quarterly report |
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