Verizon Communications Inc. — VZ
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $50.14 | $211.47B | 12.3 | 9.6 | 6.1% | 3.5% | $2.83 5.6% | 2.0 |
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Revenue & Net Income
| Date | Revenue | Net_Income | EPS | Last_Updated | Revenue_Change | Net_Income_Change | EPS_Change | |
|---|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $128,292M | $17,801M | $4.30 | 2024-02-03 03:17:10 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $136,835M | $21,256M | $5.32 | 2026-02-27 22:07:41 | 6.7% | 19.4% | 23.7% |
| 2 | 2022-12-31 | $136,835M | $21,256M | $5.06 | 2026-02-27 22:07:41 | 0.0% | 0.0% | -4.9% |
| 3 | 2023-12-31 | $133,974M | $11,614M | $2.76 | 2026-02-27 22:07:41 | -2.1% | -45.4% | -45.5% |
| 4 | 2024-12-31 | $134,788M | $17,506M | $4.15 | 2026-02-27 22:07:41 | 0.6% | 50.7% | 50.4% |
| 5 | 2025-12-31 | $138,191M | $17,174M | $4.15 | 2026-02-27 22:07:41 | 2.5% | -1.9% | 0.0% |
| 6 | TTM 2025-12-31 | $138,191M | $17,174M | $4.06 | 2026-02-04 08:30:57 | 0.0% | 0.0% | -2.2% |
EPS
Forecasts
Y/Y % Change
VZ Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | Average | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 6.7% | 0.0% | -2.1% | 0.6% | 2.5% | 3.6% | 1.7% | 1.9% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 8 | |
| EPS Growth (%) | 19.4% | 0.0% | -45.4% | 50.7% | -1.9% | 20.6% | 6.9% | 7.2% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 10 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|
| 2022 | $136.8B | $42.0B | $30.1B | $17.1B |
| 2023 | $134.0B | $37.3B | $32.7B | $17.6B |
| 2024 | $134.8B | $36.2B | $34.1B | $17.9B |
| 2025 | $138.2B | $38.4B | $33.8B | $18.3B |
| TTM | $138.2B | $38.4B | $33.8B | $18.3B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|
| 2023 | -2.09 | -11.35 | 8.66 | 3.07 |
| 2024 | 0.61 | -2.84 | 4.18 | 1.52 |
| 2025 | 2.52 | 6.11 | -0.86 | 2.55 |
| TTM | 0.00 | 0.00 | 0.00 | 0.00 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2026-02-27 22:07 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | Wireless Service Rev | Services Rev | Service And Other Rev | Prod Rev | Enterprise And Public Sector Rev | Business Markets And Other Rev | Fios Revenues Rev | Product And Service Other Rev | Wholesale Rev | Total Rev |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 159.1B | 154.3B | 136.1B | 69.3B | 30.2B | 25.4B | 25.7B | 7.29B | 4.63B | 611.8B |
| 2024 | 164.1B | 158.5B | 137.5B | 66B | 28.4B | 26.2B | 25.8B | 7.70B | 4.39B | 618.6B |
| 2025 | 167.4B | 161.2B | 138.1B | 72.7B | 27.1B | 27.1B | 25.8B | 8.23B | 3.91B | 631.6B |
| TTM | 663B | 639.3B | 551B | 263.6B | 110.9B | 105.8B | 103.3B | 31.6B | 16.7B | 2485.2B |
| % of Total (TTM) | 26.7% | 25.7% | 22.2% | 10.6% | 4.5% | 4.3% | 4.2% | 1.3% | 0.7% | 100% |
Segment Performance (Axis 2)
SEGMENTS v2025-09-09 · 2026-02-27 22:07 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | Verizon Consumer Group Rev | Verizon Consumer Group OI | Verizon Business Group Rev | Verizon Business Group OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|
| 2023 | 101.8B | 29B | 30.2B | 2.07B | 132B | 31.1B |
| 2024 | 103.1B | 29.5B | 29.6B | 2.06B | 132.7B | 31.5B |
| 2025 | 107.1B | 29.6B | 29.1B | 2.53B | 136.2B | 32.2B |
| TTM | 415.9B | 119.7B | 117B | 9.20B | 532.9B | 128.9B |
| % of Total (TTM) | 78.1% | — | 21.9% | — | 100% | — |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $388,331M |
| 1 | Cash | $7,706M |
| 2 | Total Liabilities | $281,986M |
| 3 | Total Debt | $170,452M |
| 4 | Total Equity | $105,042M |
| 5 | Debt to Equity Ratio | 1.62 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $50.14 | 4.0% | Nicks Growth: 1% Nick's Expected Margin: 15% FINVIZ Growth: 7% |
Nicks: 7 Finviz: 13 |
Nick's: 1.110 | 1.5 | 12.3 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $4.06 EPS | TTM | $30.06 | -40.1% | $53.19 | 6.1% |
| $4.91 EPS | 2026 | $36.35 | -27.5% | $64.33 | 28.3% |
| $5.25 EPS | 2027 | $38.87 | -22.5% | $68.78 | 37.2% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 3.82% | 2.96% | 4.19% | 3.14% | 1.03% | 0.48% | 5.89% | 3.31% | 94.3% | 66.5% |
| 3 Years | 3.82% | 2.96% | 4.19% | 3.14% | 1.03% | 0.48% | 5.89% | 3.31% | 94.3% | 66.5% |
| 5 Years | 3.82% | 2.96% | 4.19% | 3.14% | 1.03% | 0.48% | 5.89% | 3.31% | 94.3% | 66.5% |
| 10 Years | 3.82% | 2.96% | 4.19% | 3.14% | 1.03% | 0.48% | 5.89% | 3.31% | 94.3% | 66.5% |