VERIZON COMMUNICATIONS INCVZ

Market cap

$170.4B

P/E ratio

	Dec 31, 2010	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	Dec 31, 2024
Service revenues and other	-	-	-	-	-	-	-	-	109,964	110,305	109,872	110,449	109,625	109,652	111,571
Product	-	-	-	-	-	-	-	-	22,258	21,563	18,420	23,164	27,210	24,322	23,217
Service	-	-	-	-	-	-	-	-	62,936	65,384	64,884	67,723	73,139	74,874	76,880
Revenues	106,565	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	134,788
Product	-	-	-	-	-	-	-	-	23,323	22,954	19,800	25,067	30,496	26,787	26,100
Service	-	-	-	-	-	-	-	-	32,240	31,772	31,401	31,234	28,637	28,100	27,997
Cost of Goods and Services Sold	44,149	45,875	46,275	44,887	49,931	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative expense	31,366	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	34,113
Depreciation and amortization expense	16,405	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	17,892
Goodwill, Impairment Loss	-	-	-	-	-	-	-	-	4,591	186	-	-	-	5,841	-
Total Operating Expenses	91,920	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	106,102
Operating Income	14,645	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	28,686
Income (Loss) from Equity Method Investments	508	444	324	142	1,780	-86	-98	-77	-186	-15	-45	145	44	-53	-53
Other income (expense), net	54	-14	-1,016	-166	-1,194	186	-1,599	-2,010	2,364	-2,900	-539	312	1,373	-313	995
Interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,649
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	22,979
Provision for income taxes	2,467	285	-660	5,730	3,314	9,865	7,378	-9,956	3,584	2,945	5,619	6,802	6,523	4,892	5,030
Net Income	10,217	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	17,949
Net income attributable to noncontrolling interests	7,668	7,794	9,682	12,050	2,331	496	481	449	511	523	547	553	492	481	443
Net income attributable to Verizon	10,217	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	17,949
Net Income	10,217	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	17,949
Earnings Per Share, Basic	0.9	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	4.15
Earnings Per Share, Diluted	0.9	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	4.14