![Verizon Communications Inc. Website](https://cdn.finchat.io/415798.png)
Verizon Communications Inc.
NYSE-VZ
Company Overview
Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. 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.
Name
Verizon Communications Inc.
CEO
Mr. Hans E. Vestberg
Website
www.verizon.com
Sector
Diversified Telecommunication Services
Year Founded
1983
Profile
Market Cap
$173.22B
EV
$350.43B
Shares Out
4,209.52M
Revenue
$134.24B
Employees
105,400
Margins
Gross
59.85%
EBITDA
35.84%
Operating
22.54%
Pre-Tax
12.28%
Net
8.38%
FCF
14.34%
Returns (5Yr Avg)
ROA
5.6%
ROTA
-35.75%
ROE
24.99%
ROCE
11.02%
ROIC
7.9%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$46.37
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$2,487M
Net Debt
$175.84B
Debt/Equity
1.83
EBIT/Interest
4.75
Growth (CAGR)
Rev 3Yr
0.34%
Rev 5Yr
0.48%
Rev 10Yr
0.83%
Dil EPS 3Yr
-18%
Dil EPS 5Yr
-7.01%
Dil EPS 10Yr
-5.4%
Rev Fwd 2Yr
1.34%
EBITDA Fwd 2Yr
2.01%
EPS Fwd 2Yr
-0.43%
EPS LT Growth Est
1.28%
Dividends
Yield
—
Payout
99.64%
DPS
$2.66
DPS Growth 3Yr
1.95%
DPS Growth 5Yr
1.99%
DPS Growth 10Yr
2.3%
DPS Growth Fwd 2Yr
1.68%