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Verizon Communications Inc (VZ)

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39.70 +1.10    +2.85%
23/04 - Closed. Currency in USD ( Disclaimer )
Pre Market
39.79
+0.09
+0.23%
8:44:35 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 23,289,669
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 38.68 - 39.99
Verizon 39.70 +1.10 +2.85%

NYSE:VZ Financials

 
A brief overview of the NYSE:VZ financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Verizon over time.

Verizon Communications Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 32,981 million compared to USD 32,912 million a year ago. Net income was USD 4,602 million compared to USD 4,909 million a year ago. Basic earnings per share from continuing operations was USD 1.09 compared to USD 1.17 a year ago. Diluted earnings per share from continuing operations was USD 1.09 compared to USD 1.17 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

VZ Income Statement

Gross margin TTM 59.59%
Operating margin TTM 22.53%
Net Profit margin TTM 8.44%
Return on Investment TTM 8.54%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 32981 35130 33336 32596
Gross Profit 20109 19956 19959 19832
Operating Income 7521 7175 7843 7497
Net Income 4602 -2705 4762 4648

VZ Balance Sheet

Quick Ratio MRQ 0.52
Current Ratio MRQ 0.71
LT Debt to Equity MRQ 144.28%
Total Debt to Equity MRQ 186.18%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 380158 380255 384830 379955
Total Liabilities 284432 286456 285742 283453
Total Equity 95726 93799 99088 96502

VZ Cash Flow Statement

Cash Flow/Share TTM 8.62
Revenue/Share TTM 31.84
Operating Cash Flow  13.21%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 7084 8677 10778 9731
Cash From Investing Activities -5245 -7824 -5408 -4090
Cash From Financing Activities -1428 -3016 -6055 -3203
Net Change in Cash 411 -2163 -685 2438
* In Millions of USD (except for per share items)
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VZ Comments

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jean Bendaci
jean Bendaci Feb 28, 2024 2:18AM ET
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swisscom will buy vodafone Italia for 8 billions dollars according to CNBC
Joe Wiggs
Joe Wiggs Feb 05, 2024 6:24PM ET
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Verizon cellulsr service in my area is reliable, but speed is ho-hum. Cost wise, Verizon keeps jacking up the monthly cost.
BossGalapagos MilkMelons
BossGalapagos MilkMelons Jan 22, 2024 10:40AM ET
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They mentioned AI and now I am buying. Its too easy.
noob noob
noob noob Dec 21, 2023 10:03AM ET
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to the moon in the doom
Shijing Xian
Shijing Xian Dec 13, 2023 11:09AM ET
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Garbage
Cristiano Miguel Alexandre
Cristiano Miguel Alexandre Dec 13, 2023 11:09AM ET
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Why you say that
Cristiano Miguel Alexandre
Cristiano Miguel Alexandre Dec 13, 2023 11:09AM ET
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Give us you experience and opinion with this stock my friend
Tee Harris
Tee Harris Dec 13, 2023 11:09AM ET
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he can't even answer
Gonzalo Ribeiro
Gonzalo Ribeiro Oct 25, 2023 12:46PM ET
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This garbage could crash another 20% and still be expensive, astonishing that anyone is buying. Any rally is a shorting opportunity
John Lakran
John Lakran Oct 25, 2023 12:46PM ET
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Hand over fist, my top holding now and will keep adding, short ship has sailed last year when stock traded at 55 but going into recession and probable high in rates or at least close to it, my bet is higher not lower
Gonzalo Ribeiro
Gonzalo Ribeiro Oct 25, 2023 12:46PM ET
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Brave man. Let's hope for your sake that I'm wrong, I hate seeing retail investors lose money
Honest Otter
Honest Otter Oct 25, 2023 12:46PM ET
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Consistent earnings and dividends.  AI will cut costs and improve customer support. If it decides push internationally it could see significant growth.  i don't own any stock but was thinking about getting some before the recent price jump.
John Lakran
John Lakran Oct 25, 2023 12:46PM ET
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Gonzalo Ribeiro Funny as to me brave would be someone shorting a stable 7-8% dividend paying triopoly after it lost 40% of its value while rates went on a historic rise. I guess this is what makes the market. My hold for this is LT so low probability I will lose as i dont see any new entrants with 100B to roll out national service and compete with the 3.
Master Prophet
Master Prophet Oct 09, 2023 9:50AM ET
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reasonable things...? I knew that today we will have a strong rise.... how they will destroy logic
Master Prophet
Master Prophet Oct 06, 2023 11:04AM ET
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+1600 shares... it has a flag for a large candle
Master Prophet
Master Prophet Oct 06, 2023 6:06AM ET
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you have a lot to learn.......you'll see where it goes....it will give you 8% dividend and take 30% from the fall in stocks
John Lakran
John Lakran Oct 06, 2023 6:06AM ET
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Or it will pay you 8% to sit and wait these high rates out and in 5 years the stock could double while paying you 8% along the way. Historic sale in my opinion im adding every week and will continue
ilham nur
ilham nur Oct 05, 2023 1:36AM ET
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very cheap in great company
 
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