VZ Chart
About

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Telecom Services Market Cap 210.29B
Enterprise Value 377.34B Income 17.17B Sales 138.19B
Book/sh 24.77 Cash/sh 4.52 Dividend Yield 5.68%
Payout 50.37% Employees 89900 IPO —
P/E 12.28 Forward P/E 9.50 PEG —
P/S 1.52 P/B 2.01 P/C —
EV/EBITDA 7.55 EV/Sales 2.73 Quick Ratio 0.74
Current Ratio 0.91 Debt/Eq 174.78 LT Debt/Eq —
EPS (ttm) 4.06 EPS next Y 5.25 EPS Growth -53.30%
Revenue Growth 2.00% Earnings 2026-04-21 ROA 5.01%
ROE 17.07% ROIC — Gross Margin 59.07%
Oper. Margin 20.99% Profit Margin 12.43% Shs Outstand 4.22B
Shs Float 4.21B Short Float 2.61% Short Ratio 3.37
Short Interest — 52W High 50.24 52W Low 38.39
Beta 0.32 Avg Volume 30.84M Volume 17.79M
Target Price $49.80 Recom Buy Prev Close $49.68
Price $49.86 Change 0.36%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$49.80
Mean price target
2. Current target
$49.86
Latest analyst target
3. DCF / Fair value
$73.58
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$49.86
Low
$42.00
High
$71.00
Mean
$49.80

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-19 up Daiwa Capital Outperform → Buy $58
2026-02-03 main JP Morgan Neutral → Neutral $49
2026-02-03 main RBC Capital Sector Perform → Sector Perform $48
2026-02-03 main Citigroup Buy → Buy $50
2026-02-02 main Morgan Stanley Equal-Weight → Equal-Weight $49
2026-02-02 main Wells Fargo Equal-Weight → Equal-Weight $44
2026-02-02 main Scotiabank Sector Perform → Sector Perform $50
2026-02-02 main Evercore ISI Group Outperform → Outperform $50
2026-01-26 main Wells Fargo Equal-Weight → Equal-Weight $41
2026-01-16 main Bernstein Market Perform → Market Perform $44
2025-12-10 main Morgan Stanley Equal-Weight → Equal-Weight $47
2025-10-30 main JP Morgan Neutral → Neutral $47
2025-10-30 main TD Cowen Buy → Buy $51
2025-10-30 main Scotiabank Sector Perform → Sector Perform $51
2025-10-30 main RBC Capital Sector Perform → Sector Perform $44
2025-10-06 main Scotiabank Sector Perform → Sector Perform $51
2025-07-22 main B of A Securities Neutral → Neutral $49
2025-07-22 main RBC Capital Sector Perform → Sector Perform $46
2025-07-22 main Morgan Stanley Equal-Weight → Equal-Weight $48
2025-07-22 main JP Morgan Neutral → Neutral $49
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 303497 — — Stock Award(Grant) at price 0.00 per share. VESTBERG HANS ERIK Director — 2026-02-11 00:00:00 D
1 7343 — — Stock Award(Grant) at price 0.00 per share. STILLWELL MARY-LEE Officer — 2026-02-11 00:00:00 D
2 119409 — — Stock Award(Grant) at price 0.00 per share. MALADY KYLE Officer — 2026-02-11 00:00:00 D
3 59705 — — Stock Award(Grant) at price 0.00 per share. HAMMOCK SAMANTHA Officer — 2026-02-11 00:00:00 D
4 52242 — — Stock Award(Grant) at price 0.00 per share. VENKATESH VANDANA Officer — 2026-02-11 00:00:00 D
5 42446 — — Stock Award(Grant) at price 0.00 per share. RUSSO JOSEPH J. Officer — 2026-02-11 00:00:00 D
6 86131 — — Stock Award(Grant) at price 0.00 per share. SKIADAS ANTHONY T Chief Financial Officer — 2026-02-11 00:00:00 D
7 9579 429906.0 — Sale at price 44.88 per share. RUSSO JOSEPH J. Officer — 2026-02-02 00:00:00 D
8 32258 — — Stock Gift at price 0.00 per share. VESTBERG HANS ERIK Chief Executive Officer — 2025-08-18 00:00:00 I
9 18789 — — Stock Gift at price 0.00 per share. VESTBERG HANS ERIK Chief Executive Officer — 2025-05-23 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems84.31M-1.59B-248.50M-818.69M
TaxRateForCalcs0.220.290.230.23
NormalizedEBITDA47.13B45.67B50.06B52.65B
TotalUnusualItems385.00M-5.53B-1.08B-3.54B
TotalUnusualItemsExcludingGoodwill385.00M-5.53B-1.08B-3.54B
NetIncomeFromContinuingOperationNetMinorityInterest17.51B11.61B21.26B22.07B
ReconciledDepreciation17.89B17.62B17.10B16.21B
ReconciledCostOfRevenue54.10B54.89B59.13B56.30B
EBITDA47.52B40.13B48.98B49.11B
EBIT29.63B22.51B31.88B32.91B
NetInterestIncome-6.31B-5.17B-3.47B-3.44B
InterestExpense6.65B5.52B3.61B3.48B
InterestIncome336.00M354.00M146.00M48.00M
NormalizedIncome17.21B15.55B22.08B24.79B
NetIncomeFromContinuingAndDiscontinuedOperation17.51B11.61B21.26B22.07B
TotalExpenses106.10B105.26B106.37B101.17B
TotalOperatingIncomeAsReported28.69B22.88B30.47B32.45B
DilutedAverageShares4.22B4.21B4.20B4.15B
BasicAverageShares4.22B4.21B4.20B4.15B
DilutedEPS4.142.755.065.32
BasicEPS4.152.765.065.32
DilutedNIAvailtoComStockholders17.51B11.61B21.26B22.07B
NetIncomeCommonStockholders17.51B11.61B21.26B22.07B
NetIncome17.51B11.61B21.26B22.07B
MinorityInterests-443.00M-481.00M-492.00M-553.00M
NetIncomeIncludingNoncontrollingInterests17.95B12.10B21.75B22.62B
NetIncomeContinuousOperations17.95B12.10B21.75B22.62B
TaxProvision5.03B4.89B6.52B6.80B
PretaxIncome22.98B16.99B28.27B29.42B
OtherIncomeExpense606.00M-6.56B1.27B409.00M
OtherNonOperatingIncomeExpenses274.00M-975.00M2.30B3.81B
SpecialIncomeCharges385.00M-5.53B-1.08B-3.54B
OtherSpecialCharges-385.00M-308.00M1.08B3.54B
ImpairmentOfCapitalAssets0.005.84B0.000.00
EarningsFromEquityInterest-53.00M-53.00M44.00M145.00M
NetNonOperatingInterestIncomeExpense-6.31B-5.17B-3.47B-3.44B
InterestExpenseNonOperating6.65B5.52B3.61B3.48B
InterestIncomeNonOperating336.00M354.00M146.00M48.00M
OperatingIncome28.69B28.72B30.47B32.45B
OperatingExpense52.01B50.37B47.23B44.86B
DepreciationAmortizationDepletionIncomeStatement17.89B17.62B17.10B16.21B
DepreciationAndAmortizationInIncomeStatement17.89B17.62B17.10B16.21B
SellingGeneralAndAdministration34.11B32.74B30.14B28.66B
GrossProfit80.69B79.09B77.70B77.31B
CostOfRevenue54.10B54.89B59.13B56.30B
TotalRevenue134.79B133.97B136.84B133.61B
OperatingRevenue134.79B133.97B136.84B133.61B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber81.75M87.17M91.57M93.63M
OrdinarySharesNumber4.21B4.20B4.20B4.20B
ShareIssued4.29B4.29B4.29B4.29B
NetDebt139.82B148.61B148.03B147.95B
TotalDebt168.36B174.94B176.33B177.93B
TangibleBookValue-91.35B-97.14B-98.78B-106.11B
InvestedCapital243.25B243.10B241.78B232.66B
WorkingCapital-24.25B-16.41B-12.31B-10.43B
NetTangibleAssets-91.35B-97.14B-98.78B-106.11B
CapitalLeaseObligations24.34B24.27B25.69B27.06B
CommonStockEquity99.24B92.43B91.14B81.79B
TotalCapitalization220.62B230.13B231.82B225.22B
TotalEquityGrossMinorityInterest100.58B93.80B92.46B83.20B
MinorityInterest1.34B1.37B1.32B1.41B
StockholdersEquity99.24B92.43B91.14B81.79B
OtherEquityInterest738.00M656.00M793.00M538.00M
GainsLossesNotAffectingRetainedEarnings-923.00M-1.38B-1.86B-927.00M
OtherEquityAdjustments-923.00M-1.38B-1.86B-927.00M
TreasuryStock3.58B3.82B4.01B4.10B
RetainedEarnings89.11B82.92B82.38B71.99B
AdditionalPaidInCapital13.47B13.63B13.42B13.86B
CapitalStock429.00M429.00M429.00M429.00M
CommonStock429.00M429.00M429.00M429.00M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest284.14B286.46B287.22B283.40B
TotalNonCurrentLiabilitiesNetMinorityInterest219.37B233.23B237.05B236.24B
OtherNonCurrentLiabilities19.33B16.56B18.40B13.51B
EmployeeBenefits12.00B13.19B12.97B15.41B
NonCurrentDeferredLiabilities46.73B45.78B43.44B40.69B
NonCurrentDeferredTaxesLiabilities46.73B45.78B43.44B40.69B
LongTermDebtAndCapitalLeaseObligation141.31B157.70B162.23B166.63B
LongTermCapitalLeaseObligation19.93B20.00B21.56B23.20B
LongTermDebt121.38B137.70B140.68B143.43B
CurrentLiabilities64.77B53.22B50.17B47.16B
OtherCurrentLiabilities3.98B2.75B2.75B2.26B
CurrentDeferredLiabilities7.49B6.96B6.58B6.05B
CurrentDeferredRevenue7.49B6.96B6.58B6.05B
CurrentDebtAndCapitalLeaseObligation27.05B17.24B14.10B11.30B
CurrentCapitalLeaseObligation4.42B4.27B4.13B3.86B
CurrentDebt22.63B12.97B9.96B7.44B
OtherCurrentBorrowings22.63B12.97B9.81B7.44B
CommercialPaper0.00150.00M
PayablesAndAccruedExpenses26.25B26.27B26.74B27.54B
CurrentAccruedExpenses11.05B10.82B13.35B15.17B
InterestPayable1.55B1.57B1.58B1.56B
Payables15.21B15.45B13.39B12.37B
DividendsPayable2.88B2.82B2.76B2.71B
TotalTaxPayable1.90B2.61B1.88B1.62B
AccountsPayable10.43B10.02B8.75B8.04B
TotalAssets384.71B380.25B379.68B366.60B
TotalNonCurrentAssets344.19B343.44B341.82B329.87B
OtherNonCurrentAssets19.77B19.89B17.26B13.33B
InvestmentsAndAdvances842.00M953.00M1.07B1.06B
LongTermEquityInvestment842.00M953.00M1.07B1.06B
GoodwillAndOtherIntangibleAssets190.58B189.57B189.93B187.90B
OtherIntangibleAssets167.74B166.72B161.26B159.30B
Goodwill22.84B22.84B28.67B28.60B
NetPPE132.99B133.04B133.56B127.58B
AccumulatedDepreciation-222.88B-211.80B-200.25B-190.20B
GrossPPE355.88B344.83B333.82B317.78B
Leases10.56B10.36B10.16B9.59B
ConstructionInProgress9.42B12.09B12.89B13.06B
OtherProperties107.28B103.08B101.75B97.62B
MachineryFurnitureEquipment188.74B181.62B172.89B163.49B
BuildingsAndImprovements39.13B36.94B35.38B33.36B
LandAndImprovements740.00M751.00M747.00M673.00M
Properties0.000.000.000.00
CurrentAssets40.52B36.81B37.86B36.73B
OtherCurrentAssets1.79B1.65B1.93B2.27B
HedgingAssetsCurrent2.12B1.41B2.29B21.00M
CurrentDeferredAssets2.93B2.76B2.63B2.43B
RestrictedCash319.00M1.24B1.34B1.09B
PrepaidAssets811.00M550.00M167.00M1.09B
Inventory2.25B2.06B2.39B3.06B
Receivables26.11B25.09B24.51B23.85B
AccountsReceivable26.11B25.09B24.51B23.85B
AllowanceForDoubtfulAccountsReceivable-1.15B-1.02B-826.00M-896.00M
GrossAccountsReceivable27.26B26.10B25.33B24.74B
CashCashEquivalentsAndShortTermInvestments4.19B2.06B2.60B2.92B
CashAndCashEquivalents4.19B2.06B2.60B2.92B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow18.92B12.91B10.40B-28.34B
RepaymentOfDebt-20.34B-10.62B-13.56B-18.86B
IssuanceOfDebt15.57B8.61B17.81B41.42B
CapitalExpenditure-17.99B-24.56B-26.74B-67.88B
InterestPaidSupplementalData5.50B4.38B3.32B
IncomeTaxPaidSupplementalData5.63B2.34B2.74B
EndCashPosition4.63B3.50B4.11B4.16B
BeginningCashPosition3.50B4.11B4.16B23.50B
ChangesInCash1.14B-614.00M-50.00M-19.34B
FinancingCashFlow-17.10B-14.66B-8.53B8.28B
CashFlowFromContinuingFinancingActivities-17.10B-14.66B-8.53B8.28B
NetOtherFinancingCharges-1.07B-1.47B-2.07B-3.83B
CashDividendsPaid-11.25B-11.03B-10.80B-10.45B
CommonStockDividendPaid-11.25B-11.03B-10.80B-10.45B
NetIssuancePaymentsOfDebt-4.78B-2.16B4.35B22.55B
NetShortTermDebtIssuance0.00-150.00M106.00M0.00
ShortTermDebtPayments-150.00M
ShortTermDebtIssuance0.00106.00M0.00
NetLongTermDebtIssuance-4.78B-2.01B4.24B22.55B
LongTermDebtPayments-20.34B-10.62B-13.56B-18.86B
LongTermDebtIssuance15.57B8.61B17.81B41.42B
InvestingCashFlow-18.67B-23.43B-28.66B-67.15B
CashFlowFromContinuingInvestingActivities-18.67B-23.43B-28.66B-67.15B
NetOtherInvestingChanges28.00M281.00M62.00M693.00M
NetInvestmentPurchaseAndSale-712.00M880.00M-2.27B-21.00M
PurchaseOfInvestment-2.27B-21.00M
NetBusinessPurchaseAndSale0.00-30.00M281.00M57.00M
SaleOfBusiness0.000.00281.00M4.12B
PurchaseOfBusiness0.00-30.00M-4.07B
NetIntangiblesPurchaseAndSale-900.00M-5.80B-3.65B-47.60B
PurchaseOfIntangibles-900.00M-5.80B-3.65B-47.60B
CapitalExpenditureReported-17.09B-18.77B-23.09B-20.29B
OperatingCashFlow36.91B37.48B37.14B39.54B
CashFlowFromContinuingOperatingActivities36.91B37.48B37.14B39.54B
ChangeInWorkingCapital-2.28B-267.00M-456.00M-890.00M
ChangeInPayablesAndAccruedExpense1.11B2.08B-33.00M1.46B
ChangeInPayable1.11B2.08B-33.00M1.46B
ChangeInAccountPayable1.11B2.08B-33.00M1.46B
ChangeInPrepaidAssets-626.00M-435.00M928.00M150.00M
ChangeInInventory-196.00M287.00M627.00M-905.00M
ChangeInReceivables-2.56B-2.20B-1.98B-1.59B
ChangesInAccountReceivables-2.56B-2.20B-1.98B-1.59B
OtherNonCashItems173.00M-3.71B-3.78B-93.00M
ProvisionandWriteOffofAssets2.34B2.21B1.61B789.00M
AssetImpairmentCharge0.005.84B0.000.00
DeferredTax815.00M2.39B2.97B4.26B
DeferredIncomeTax815.00M2.39B2.97B4.26B
DepreciationAmortizationDepletion17.89B17.62B17.10B16.21B
DepreciationAndAmortization17.89B17.62B17.10B16.21B
AmortizationCashFlow2.78B2.69B2.51B2.09B
AmortizationOfIntangibles2.78B2.69B2.51B2.09B
Depreciation15.11B14.94B14.59B14.12B
OperatingGainsLosses23.00M1.29B-2.06B-3.35B
PensionAndEmployeeBenefitExpense-52.00M1.21B-2.05B-3.39B
EarningsLossesFromEquityInvestments75.00M84.00M-10.00M36.00M
NetIncomeFromContinuingOperations17.95B12.10B21.75B22.62B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for VZ
Date User Asset Broker Type Position Size Entry Price Patterns