Verizon Communications Inc
NYSE : VZUSA·Communication Services·Telecommunication Services·Ordinary Shares
$44.79
+0.29 (+0.59%)Oct 16 closeMarket Cap
$188.91B
Enterprise Value
$376.89B
P/E (TTM)
11.66
P/B
1.79
Net Cash / (Debt)
−$186.71B
52-Week Range
$38 — $51
5-Year Range
$31 — $55
Avg Volume (3M)
27.51M
Verizon sells wireless service, home internet, and business telecom services in the US. Its core business is wireless: roughly 94 million postpaid and 20 million prepaid phone subscribers pay monthly bills to use its nationwide network. It also provides home broadband (primarily via its Fios fiber network and recently acquired Frontier assets) to about 11 million customers, concentrated in the Northeast. On the business side, it sells voice, data, and networking services to enterprise clients nationwide. Revenue comes almost entirely from recurring monthly service fees; wireless generates about 75% of service revenue and nearly all operating income.
Employees89,900IPONov 21, 1983SIC4813HQ1095 Avenue of the Americas, New York, NY, USA, 10036
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
59.3%
Operating Margin
20.5%
EBITDA Margin
34.6%
Net Margin
11.6%
OCF Margin
27.9%
FCF Margin
14.5%
Returns on Capital
ROE
15.6%
ROA
4.0%
ROIC
5.5%
ROCE
8.6%
ROC (Greenblatt)
20.8%
3Y ROIIC
−4.3%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
11.66
Forward P/E
8.89
P/E ex-NRI
9.18
Shiller P/E (CAPE)
8.09
Cash Flow Multiples
P/FCF
9.40
P/OCF
4.88
P/Owner Earnings
11.17
FCF Yield
10.83%
Enterprise Value Multiples
EV / EBIT
12.99
EV / Forward EBIT
11.66
EV / EBITDA
7.85
EV / Forward EBITDA
6.98
EV / Revenue
2.71
EV / Forward Revenue
2.65
Asset / Sales
P/S
1.36
P/B
1.79
P/Tangible Book
—
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
6.24%
Forward Dividend Yield
6.31%
3Y Dividend Growth
1.9%
Payout Ratio
0.57
5Y Yield on Cost
6.33%
Buybacks & Dilution
3Y Buyback Ratio
−0.10%
5Y Share Change
2.1%
Combined
Shareholder Yield
0.51%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
1.81
Gross Debt / EBITDA
3.92
Cash / Debt
0.01
Equity / Assets
0.25
Coverage
Interest Coverage
3.88
Short-Term Liquidity
Current Ratio
0.60
Quick Ratio
0.57
Cash Ratio
0.03
Composite Scores
Piotroski F-Score
5
Altman Z-Score
1.23
Split History
Date
Split
1998-06-30
2:1
1990-05-02
2:1
1986-04-18
2:1
Ex-date
Amount
Pay date
2026-07-10
$0.7075
2026-08-03
2026-04-10
$0.7075
2026-05-01
2026-01-12
$0.69
2026-02-02
2025-10-10
$0.69
2025-11-03
2025-07-10
$0.6775
2025-08-01
2025-04-10
$0.6775
2025-05-01
2025-01-10
$0.6775
2025-02-03
2024-10-10
$0.6775
2024-11-01
2024-07-10
$0.665
2024-08-01
2024-04-09
$0.665
2024-05-01
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View allDate
Transcript
Type
2026-07-24
Q2 2026 Verizon Communications Inc Earnings Call Transcript
Earnings Call
2026-05-18
Verizon Communications Inc. at JPMorgan Global Technology, Media and Communications Conference Transcript
Conference Presentations
2026-05-13
Verizon Communications Inc. at Moffettnathanson Media, Internet & Communications Conference Transcript
Conference Presentations
2026-04-27
Q1 2026 Verizon Communications Inc. Earnings Call Transcript
Earnings Call
2026-03-10
Verizon Communications Inc at Deutsche Bank Media, Internet and Telecom Conference Transcript
Conference Presentations
2026-03-02
Verizon Communications Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript
Conference Presentations
2026-02-24
Verizon Communications Inc at Barclays Communications and Content Symposium Transcript
Conference Presentations
2026-01-30
Q4 2025 Verizon Communications Inc. Earnings Call Transcript
Earnings Call
2025-10-29
Q3 2025 Verizon Communications Inc Earnings Call Transcript
Earnings Call
2025-07-21
Q2 2025 Verizon Communications Inc. Earnings Call Transcript
Earnings Call
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5-Step DuPont Analysis
ROE %
15.63%
×
×
Net Margin %
11.64%
×
×
Operating Margin %
20.54%
Operating Income
$28.53B
÷
Revenue
$138.90B
×
Tax Burden
0.7470
Net Income
$16.17B
÷
Pretax Income
$21.65B
×
Interest Burden
0.7588
Pretax Income
$21.65B
÷
Operating Income
$28.53B
×
Asset Turnover
0.35
÷
Revenue
$138.90B
÷
Average Total Assets
$396.74B
Begin Total Assets
$383.29B
End Total Assets
$410.19B
×
Equity Multiplier
3.83
÷
Avg Total Assets
$396.74B
÷
Avg Stockholders Equity
$103.49B
Begin Equity
$103.06B
End Equity
$103.92B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 398.2M | 9.44% | +30.2M | $16.86B |
| VANGUARD CAPITAL MANAGEMENT LLC | 259.0M | 6.14% | -1.2M | $10.97B |
| STATE STREET CORP | 209.7M | 4.97% | -5.2M | $8.88B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 127.8M | 3.03% | +14.8M | $5.41B |
| GEODE CAPITAL MANAGEMENT, LLC | 106.8M | 2.53% | +611.7K | $4.51B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 77.4M | 1.84% | +592.5K | $3.28B |
| MORGAN STANLEY | 70.3M | 1.67% | -3.8M | $2.98B |
| BANK OF AMERICA CORP /DE/ | 60.9M | 1.44% | -1.2M | $2.58B |
| NORGES BANK | 54.3M | 1.29% | new | $2.30B |
| NORTHERN TRUST CORP | 43.8M | 1.04% | -494.6K | $1.86B |
10 of 3,181
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| Skiadas Anthony TOfficer | 210.6K | 0.0050% | $9.43M |
| Sampath SowmyanarayanOfficer | 132.4K | 0.0031% | $5.93M |
| Malady KyleOfficer | 101.1K | 0.0024% | $4.53M |
| Russo Joseph J.Officer | 92.1K | 0.0022% | $4.13M |
| Venkatesh VandanaOfficer | 83.3K | 0.0020% | $3.73M |
| Stillwell Mary-LeeOfficer | 43.8K | 0.0010% | $1.96M |
| Hammock SamanthaOfficer | 16.2K | 0.0004% | $726.5K |
| Vestberg Hans ErikDirector | — | — | — |
8 of 8· 1 withheld
View allRecent insider activity
through Oct 13, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $47.2K | Oct 13, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $50.3K | Oct 6, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $51.0K | Sep 29, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $52.4K | Sep 22, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $56.3K | Sep 15, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $55.0K | Sep 8, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $55.5K | Sep 1, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $55.1K | Aug 25, 2026 |
| Malady KyleOfficer | Open-Market or Private Sale | -1.1K | $53.5K | Aug 18, 2026 |
| Hammock SamanthaOfficer | Open-Market or Private Sale | -73.1K | $3.50M | May 29, 2026 |
10 of 3,015
View all