• Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Profitability
  • Ratios

Verizon Communications's Income Statement

  Chart 2021 2022 2023 2024 2025
Revenue
$133.61 B $136.84 B $133.97 B $134.79 B $138.19 B
Cost of Revenue
$72.51 B $76.23 B $72.51 B $71.99 B $75.11 B
Gross Profit
$61.11 B $60.60 B $61.46 B $62.80 B $63.08 B
Research & Development
- - - - -
Selling,General & Administrative
$29.14 B $30.14 B $32.63 B $32.20 B $33.82 B
Operating Expense
$29.14 B $30.14 B $32.63 B $32.20 B $33.82 B
Operating Income
$31.97 B $30.47 B $28.83 B $30.60 B $29.26 B
Net Income
$22.07 B $21.26 B $11.61 B $17.51 B $17.17 B

Verizon Communications's Balance Sheet

Chart 2021 2022 2023 2024 2025
Cash and Cash Equivalents
$2.92 B $2.61 B $2.07 B $4.19 B $19.05 B
Inventories
$3.06 B $2.39 B $2.06 B $2.25 B $2.44 B
Total Current Assets
$36.73 B $37.86 B $36.81 B $40.52 B $56.92 B
Property,Plant and Equipment
$127.58 B $133.56 B $133.04 B $132.99 B $132.97 B
Goodwill
$28.60 B $28.67 B $22.84 B $22.84 B $22.84 B
Total Assets
$366.60 B $379.68 B $380.26 B $384.71 B $404.26 B
Total Liabilities
$283.40 B $287.22 B $286.46 B $284.14 B $298.52 B
Retained Earnings
$71.99 B $82.38 B $82.92 B $89.11 B $94.74 B
Total Shareholder Equity
$81.79 B $91.14 B $92.43 B $99.24 B $104.46 B
Common Stock
$429.00 M $429.00 M $429.00 M $429.00 M $429.00 M

Verizon Communications's Cash flow

Chart 2021 2022 2023 2024 2025
Depreciation & Amortization
$16.21 B $17.10 B $17.62 B $17.89 B $18.35 B
Dividends Payout
-$10.45 B -$10.81 B -$11.03 B -$11.25 B -$11.48 B
Capital Expenditures (Capex)
-$20.29 B -$26.74 B -$18.77 B -$17.99 B -$17.01 B
Free Cash Flow (FCF)
$19.25 B $10.40 B $18.71 B $18.92 B $20.13 B

Verizon Communications's Profitability

Chart 2021 2022 2023 2024 2025
Gross Profit
$61.11 B $60.60 B $61.46 B $62.80 B $63.08 B
Gross Profit Margin (%)
45.73% 44.29% 45.88% 46.59% 45.64%
Operating Income
$31.97 B $30.47 B $28.83 B $30.60 B $29.26 B
Operating Income Margin (%)
23.92% 22.27% 21.52% 22.71% 21.17%
Net Income
$22.07 B $21.26 B $11.61 B $17.51 B $17.17 B
Net Income Margin (%)
16.51% 15.53% 8.67% 12.99% 12.43%
EBITDA
$49.12 B $48.95 B $40.14 B $47.52 B $47.72 B
EBITDA Margin (%)
36.77% 35.77% 29.96% 35.26% 34.53%

Verizon Communications's Ratios

Chart 2021 2022 2023 2024 2025
Return on Equity (ROE)
26.98% 23.32% 12.57% 17.64% 16.24%
Return on Assets (ROA)
6.02% 5.60% 3.05% 4.55% 4.25%
Debt to Equity
217.54% 193.46% 189.27% 169.65% 192.03%
Debt to total asset
48.54% 46.44% 46.01% 43.76% 49.62%
Enterprise value to revenue
2.92 2.48 2.48 2.47 2.42
Enterprise value to EBITDA
7.95 6.93 8.26 7.00 7.01
Enterprise value
$390.54 B $339.28 B $331.63 B $332.84 B $334.72 B
Tax Rate (%)
23.12% 23.07% 28.80% 21.89% 22.34%

Frequently Asked Questions

What is Verizon Communications's revenue?

In fiscal year 2025, Verizon Communications generated a total revenue of $138.19 Billion.

What is Verizon Communications's net income and net income margin?

In fiscal year 2025, Verizon Communications earned a net income of $17.17 Billion, with a net income margin of 12.43%.

What is Verizon Communications's gross profit and gross profit margin?

In fiscal year 2025, Verizon Communications's gross profit was $63.08 Billion, with a gross profit margin of 45.64%.

What is Verizon Communications's operating profit and operating profit margin?

In fiscal year 2025, Verizon Communications's operating profit was $29.26 Billion, with an operating profit margin of 21.17%.

What is Verizon Communications's EBITDA?

In fiscal year 2025, Verizon Communications's EBITDA was $47.72 Billion.

What is Verizon Communications's free cash flow?

In fiscal year 2025, Verizon Communications's free cash flow was $20.13 Billion.

What are Verizon Communications's total asset and total liability?

In fiscal year 2025, Verizon Communications's total asset was $404.26 Billion, while its total liability was $298.52 Billion.

What are Verizon Communications's capital expenditure (capex) and operating expense (opex)?

In fiscal year 2025, Verizon Communications's capital expenditure (capex) was -$17.01 Billion, while its operating expense (opex) was $33.82 Billion.

What is Verizon Communications's Return on Equity (ROE)?

In fiscal year 2025, Verizon Communications's Return on Equity (ROE) was 16.24%.

What was Verizon Communications's income tax expense, and what is its effective tax rate?

In fiscal year 2025, Verizon Communications's income tax expense amounted to $5.06 Billion, with an effective tax rate of 22.34%.

What is Verizon Communications's Market cap?

As of , Verizon Communications's market cap is .

What is Verizon Communications's Enterprise value?

Verizon Communications's enterprise value reached $334.72 Billion, according to its recent quarterly filing.