US-listed companies
VERIZON COMMUNICATIONS INC

VERIZON COMMUNICATIONS INCVZ

Market cap

$168.4B

P/E ratio

13.9x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Service revenues and other	-	-	-	-	-	-	-	109,964	110,305	109,872	110,449	109,625	109,652
Product	-	-	-	-	-	-	-	22,258	21,563	18,420	23,164	27,210	24,322
Service	-	-	-	-	-	-	-	62,936	65,384	64,884	67,723	73,139	74,874
Revenues	110,875	115,846	120,550	127,079	131,620	125,980	126,034	130,863	131,868	128,292	133,613	136,835	133,974
Product	-	-	-	-	-	-	-	23,323	22,954	19,800	25,067	30,496	26,787
Service	-	-	-	-	-	-	-	32,240	31,772	31,401	31,234	28,637	28,100
Cost of Goods and Services Sold	45,875	46,275	44,887	49,931	-	-	-	-	-	-	-	-	-
Selling, general and administrative expense	35,624	39,951	27,089	41,016	29,986	31,569	30,110	31,083	29,896	31,573	28,658	30,136	32,745
Depreciation and amortization expense	16,496	16,460	16,606	16,533	16,017	15,928	16,954	17,403	16,682	16,720	16,206	17,099	17,624
Total Operating Expenses	97,995	102,686	88,582	107,480	98,560	98,921	98,620	108,585	101,490	99,494	101,165	106,368	111,097
Goodwill, Impairment Loss	-	-	-	-	-	-	-	4,591	186	-	-	-	5,841
Total Operating Expenses	97,995	102,686	88,582	107,480	98,560	98,921	98,620	108,585	101,490	99,494	101,165	106,368	111,097
Operating Income	12,880	13,160	31,968	19,599	33,060	27,059	27,414	22,278	30,378	28,798	32,448	30,467	22,877
Income (Loss) from Equity Method Investments	444	324	142	1,780	-86	-98	-77	-186	-15	-45	145	44	-53
Other income (expense), net	-14	-1,016	-166	-1,194	186	-1,599	-2,010	2,364	-2,900	-539	312	1,373	-313
Interest expense	2,827	2,571	2,667	4,915	4,920	4,376	4,733	4,833	4,730	4,247	3,485	3,613	5,524
Income Before Provision For Income Taxes	10,483	9,897	29,277	15,270	28,240	20,986	20,594	19,623	22,733	23,967	29,420	28,271	16,987
Provision for income taxes	285	-660	5,730	3,314	9,865	7,378	-9,956	3,584	2,945	5,619	6,802	6,523	4,892
Net Income	10,198	10,557	23,547	11,956	18,375	13,608	30,550	16,039	19,788	18,348	22,618	21,748	12,095
Net income attributable to noncontrolling interests	7,794	9,682	12,050	2,331	496	481	449	511	523	547	553	492	481
Net income attributable to Verizon	10,198	10,557	23,547	11,956	18,375	13,608	30,550	16,039	19,788	18,348	22,618	21,748	12,095
Net Income	10,198	10,557	23,547	11,956	18,375	13,608	30,550	16,039	19,788	18,348	22,618	21,748	12,095
Earnings Per Share, Basic	0.85	0.31	4.01	2.42	4.38	3.22	7.37	3.76	4.66	4.3	5.32	5.06	2.76
Earnings Per Share, Diluted	0.85	0.31	4	2.42	4.37	3.21	7.36	3.76	4.65	4.3	5.32	5.06	2.75