# Verizon Communications Inc. (VZ)

**Exchange:** NYSE  
**Sector:** Communication Services  
**Market cap:** $200.27B  
**Price:** $47.34 (+0.82%)

> Verizon Communications Inc. is a leading holding company that provides communications, information, and entertainment products and services across the United States. It operates primarily through two key segments: Consumer, which delivers wireless voice and data services, fixed wireless access broadband, and home internet via fiber and fixed wireless options, along with entertainment services like streaming video; and Business, which offers enterprise solutions including data, video, voice, internet access, security, and managed network services. The company supports a broad range of customers, from individual consumers seeking mobile connectivity and home entertainment to businesses requiring robust communication infrastructures and IoT solutions. Verizon Communications Inc. plays a pivotal role in the telecommunications sector by powering wireless networks, broadband expansion, and digital services essential for modern connectivity. Founded in 1983 and headquartered in New York, New York, it maintains a vast infrastructure supporting millions of mobile and fixed-line connections nationwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $138.19B | — | $29.26B | $17.17B | $4.06 |
| 2024 | $134.79B | — | $28.69B | $17.51B | $4.14 |
| 2023 | $133.97B | — | $22.88B | $11.61B | $2.75 |
| 2022 | $136.84B | — | $30.47B | $21.26B | $5.06 |
| 2021 | $133.61B | — | $32.45B | $22.07B | $5.32 |
| 2020 | $128.29B | — | $28.80B | $17.80B | $4.30 |
| 2019 | $131.87B | — | $30.38B | $19.27B | $4.65 |
| 2018 | $130.86B | — | $22.28B | $15.53B | $3.76 |
| 2017 | $126.03B | $103.89B | $27.43B | $30.10B | $7.36 |
| 2016 | $125.98B | $103.74B | $29.25B | $13.13B | $3.21 |
| 2015 | $131.62B | $108.50B | $33.06B | $17.88B | $4.37 |
| 2014 | $127.08B | $77.15B | $19.60B | $9.63B | $2.42 |
| 2013 | $120.55B | $75.66B | $31.97B | $11.50B | $4.00 |
| 2012 | $115.85B | $69.57B | $13.16B | $875M | $0.31 |
| 2011 | $110.88B | $65.00B | $12.88B | $2.40B | $0.85 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $404.26B | $298.52B | $105.74B | $19.05B | — |
| 2024 | $384.71B | $284.14B | $100.58B | $4.19B | — |
| 2023 | $380.25B | $286.46B | $93.80B | $2.06B | — |
| 2022 | $379.68B | $287.22B | $92.46B | $2.60B | — |
| 2021 | $366.60B | $283.40B | $83.20B | $2.92B | — |
| 2020 | $316.48B | $247.21B | $69.27B | $22.17B | — |
| 2019 | $291.73B | $228.89B | $62.84B | $2.59B | — |
| 2018 | $264.83B | $210.12B | $54.71B | $2.75B | — |
| 2017 | $257.14B | $212.46B | $44.69B | $2.08B | — |
| 2016 | $244.18B | $220.15B | $24.03B | $2.88B | — |
| 2015 | $244.18B | $226.33B | $17.84B | $4.47B | — |
| 2014 | $232.62B | $218.94B | $13.68B | $10.60B | — |
| 2013 | $274.10B | $178.68B | $95.42B | $53.53B | $93.14B |
| 2012 | $225.22B | $139.69B | $85.53B | $3.09B | $51.49B |
| 2011 | $230.46B | $144.55B | $85.91B | $13.36B | $53.22B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $37.14B | — | — |
| 2024 | $36.91B | — | — |
| 2023 | $37.48B | — | — |
| 2022 | $37.14B | — | — |
| 2021 | $39.54B | — | — |
| 2020 | $41.77B | — | — |
| 2019 | $35.75B | — | — |
| 2018 | $34.34B | — | — |
| 2017 | $24.32B | — | — |
| 2016 | $21.69B | — | — |
| 2015 | $39.03B | — | — |
| 2014 | $30.63B | — | — |
| 2013 | $38.82B | — | — |
| 2012 | $31.49B | — | — |
| 2011 | $29.78B | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/VZ)