- BAC, VZ Ticker
- 🇩🇪 F, 🇩🇪 XETRA, 🇺🇸 NYSE Exchange
- 144,500 Employees
- • Sector
- • Industry
- Hans Erik Vestberg CEO
Financial statements — Verizon
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| 20 ← 16 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Total Revenue |
|
130B | 130B | 130B | 130B | 130B |
| Cost Of Revenue |
|
51B | 55B | 56B | 52B | 51B |
| Gross Profit |
|
77B | 77B | 75B | 74B | 75B |
| Research and Development |
|
0 | 0 | 0 | 0 | 0 |
| Selling General and Admin |
|
32B | 30B | 31B | 30B | 32B |
| Operating Expense |
|
100B | 100B | 100B | 99B | 99B |
| Operating Income |
|
29B | 31B | 27B | 27B | 27B |
| Other Income Expense Net |
|
0 | 0 | 0 | 0 | 0 |
| EBIT |
|
29B | 31B | 27B | 27B | 27B |
| Interest Income |
|
4.2B | 4.7B | 4.8B | 4.7B | 4.3B |
| Pretax Income |
|
24B | 23B | 20B | 21B | 21B |
| Income Tax |
|
5.6B | 2.9B | 3.6B | -10B | 7.4B |
| Minority Interest |
|
550M | 520M | 510M | 450M | 480M |
| Net Income |
|
18B | 19B | 16B | 30B | 13B |
| Net Income Basic |
|
18B | 19B | 16B | 30B | 13B |
| 20 ← 16 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Current cash |
|
22B | 2.6B | 2.7B | 2.1B | 2.9B |
| Short term investments |
|
5.5B | 6.8B | 5.5B | 3.3B | 3.9B |
| Receivables |
|
24B | 25B | 25B | 23B | 18B |
| Inventory |
|
1.8B | 1.4B | 1.3B | 1B | 1.2B |
| Other current assets |
|
5.5B | 6.8B | 5.5B | 3.3B | 3.9B |
| Current assets |
|
55B | 37B | 35B | 30B | 26B |
| Long term investments |
|
260B | 250B | 230B | 230B | 220B |
| Property plant equipment |
|
95B | 92B | 89B | 89B | 85B |
| Goodwill |
|
25B | 24B | 25B | 29B | 27B |
| Intangible assets |
|
110B | 100B | 100B | 99B | 96B |
| Other assets |
|
14B | 10B | 12B | 9.8B | 8.5B |
| Total assets |
|
320B | 290B | 260B | 260B | 240B |
| Accounts payable |
|
6.7B | 7.7B | 7.2B | 7.1B | 7.1B |
| Current long term debt |
|
5.9B | 11B | 7.2B | 3.5B | 2.6B |
| Other current liabilities |
|
27B | 26B | 24B | 23B | 21B |
| Total current liabilities |
|
40B | 45B | 38B | 33B | 30B |
| Long term debt |
|
120B | 100B | 110B | 110B | 110B |
| Other liabilities |
|
31B | 30B | 33B | 35B | 38B |
| Minority Interest |
|
1.4B | 1.4B | 1.6B | 1.6B | 1.5B |
| Total Liabilities |
|
250B | 230B | 210B | 210B | 220B |
| Common stock |
|
4.1B | 4.1B | 4.1B | 4.1B | 4.1B |
| Retained earning |
|
60B | 53B | 44B | 36B | 15B |
| Treasury stock |
|
-6.7B | -6.8B | -7B | -7.1B | -7.3B |
| Capital surplus |
|
• | • | • | • | • |
| Shareholder equity |
|
68B | 61B | 53B | 43B | 23B |
| Net tangible assets |
|
-62B | -68B | -75B | -85B | -100B |
| 20 ← 16 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Net Income |
|
18B | 19B | 16B | 30B | 13B |
| Depreciation |
|
17B | 17B | 17B | 17B | 16B |
| Changes in receivables |
|
-1.5B | 330M | 1.6B | 6B | 4.1B |
| Changes in inventories |
|
370M | 86M | 300M | -170M | -50M |
| Cash change |
|
20B | -150M | 670M | -800M | -1.9B |
| Cash flow |
|
42B | 36B | 34B | 25B | 23B |
| Capital expenditures |
|
-20B | -19B | -18B | -18B | -18B |
| Investments |
|
• | • | • | • | • |
| Investing activity other |
|
• | • | • | • | • |
| Total investing cash flows |
|
-24B | -18B | -18B | -19B | -11B |
| Dividends paid |
|
• | • | • | • | • |
| Net borrowings |
|
100B | 100B | 100B | 110B | 100B |
| Other financing cash flows |
|
• | • | • | • | • |
| Cash flow financing |
|
1.3B | -18B | -15B | -6.7B | -13B |
| Exchange rate effect |
|
• | • | • | • | • |
Analyst Recommendations
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Verizon Communications, Inc. is a holding company, which engages in the provision communications, information and entertainment products and services to consumers, businesses and governmental agencies. It operates through Wireless and Wireline segments. The Wireless segment provides wireless voice and data services and equipment sales, which are provided to consumer, business, and government customers. The Wireline segment offers broadband video and data; corporate networking solutions; data center and cloud services; security and managed network services; and local and long distance voice services. It also offers voice, data and video services and solutions. The company was founded in 1983 and is headquartered in New York, NY.