Verizon Communications Inc.
VZNYSE
$43.79
Last price · USD
- Market cap
- $185.3B
- P/E
- 10.8x
- EV / EBITDA
- 7.7x
- P/S
- 1.3x
- FCF yield
- 10.6%
- Div. yield
- 6.20%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Verizon Communications Inc. key metrics & ratios
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 2.5% | 0.6% | -2.1% | 2.4% | — | — | |
| Operating income growth | -4.4% | 6.1% | -5.4% | -4.7% | — | — | |
| Net income growth | -1.9% | 50.7% | -45.4% | -3.7% | — | — | |
| EPS (diluted) growth | -2.2% | 50.9% | -45.7% | -4.9% | — | — | |
| Free cash flow growth | 4.0% | 1.1% | 79.9% | -46.0% | — | — | |
| Margins | |||||||
| Gross margin | 45.6% | 46.6% | 45.9% | 44.3% | 45.7% | — | |
| Operating margin | 21.2% | 22.7% | 21.5% | 22.3% | 23.9% | — | |
| EBITDA margin | 34.5% | 35.3% | 30.0% | 35.8% | 36.8% | — | |
| Net margin | 12.4% | 13.0% | 8.7% | 15.5% | 16.5% | — | |
| FCF margin | 14.2% | 14.0% | 14.0% | 7.6% | 14.4% | — | |
| Returns on capital | |||||||
| Return on equity | 16.4% | 17.6% | 12.6% | 23.3% | 27.0% | — | |
| Return on assets | 4.2% | 4.6% | 3.1% | 5.6% | 6.0% | — | |
| Return on invested capital | 7.9% | 9.1% | 7.7% | 8.8% | 9.6% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 1.92x | 1.70x | 1.89x | 1.93x | 2.18x | — | |
| Net debt / EBITDA | 3.80x | 3.45x | 4.31x | 3.55x | 3.56x | — | |
| Current ratio | 0.91x | 0.63x | 0.69x | 0.75x | 0.78x | — | |
| Interest coverage | 4.37x | 4.60x | 5.22x | 8.51x | 9.14x | — | |
| Profitability & operating | |||||||
| EBIT | 29,366 | 29,632 | 22,512 | 31,853 | 32,918 | -2.8% | |
| EBITDA | 47,715 | 47,524 | 40,136 | 48,952 | 49,124 | -0.7% | |
| Operating income | 29,259 | 30,604 | 28,831 | 30,467 | 31,965 | -2.2% | |
| Income before tax | 22,672 | 22,979 | 16,987 | 28,271 | 29,420 | -6.3% | |
| Net income | 17,174 | 17,506 | 11,614 | 21,256 | 22,065 | -6.1% | |
| Earnings per share | |||||||
| EPS (basic) | $4.06 | $4.15 | $2.76 | $5.06 | $5.32 | -6.5% | |
| EPS (diluted) | $4.06 | $4.15 | $2.75 | $5.06 | $5.32 | -6.5% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 4,226 | 4,218 | 4,211 | 4,202 | 4,148 | +0.5% | |
| Weighted avg shares outstanding (diluted) | 4,231 | 4,218 | 4,215 | 4,204 | 4,150 | +0.5% | |
| Balance sheet highlights | |||||||
| Net debt | 181,546 | 164,163 | 172,877 | 173,726 | 175,009 | +0.9% | |
| Total debt | 200,594 | 168,357 | 174,942 | 176,331 | 177,930 | +3.0% | |
| Total investments | 785 | 842 | 953 | 1,071 | 1,061 | -7.3% | |
| Total stockholders' equity | 104,460 | 99,237 | 92,430 | 91,144 | 81,790 | +6.3% | |
| Total assets | 404,258 | 384,711 | 380,255 | 379,680 | 366,596 | +2.5% | |
| Cash flow highlights | |||||||
| Free cash flow | 19,676 | 18,922 | 18,708 | 10,401 | 19,253 | +0.5% | |
| Operating cash flow | 37,137 | 36,912 | 37,475 | 37,141 | 39,539 | -1.6% | |
| Capital expenditure | (17,461) | (17,990) | (18,767) | (26,740) | (20,286) | — | |
| Net cash from operating activities | 37,137 | 36,912 | 37,475 | 37,141 | 39,539 | -1.6% | |
| Additional fields | |||||||
| Accrued Expenses | 0 | 11,047 | 10,820 | 13,351 | 15,169 | — | |