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COMPANY BENCHMARKING • UNITED STATES

Verizon Communications Inc. - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Verizon Communications Inc. stacks up to the competition and put relevant competitor and industry information at your fingertips.


Verizon Communications Inc. - Overview

Brands
AOL, Bluejeans Network, FiOS, Protectwise, Sensity Systems, TracFone Wireless, Tumblr, Verizon Wireless, Vidder, Yahoo!
Description
Verizon Communications is a public company headquartered in New York with an estimated 117,100 employees. In the US, the company has a notable market share in at least six industries: Information, Wired Telecommunications Carriers, Internet Service Providers, Search Engines, Cable Providers, Fleet Telematics Systems and Search Engines. Their largest market share is in the Wired Telecommunications Carriers industry, where they account for an estimated 42.0% of total industry revenue.
Company Details

Registered Name: Verizon Communications Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 1095 6th Ave New York NY 10036

Website: http://www.verizon.com/

Employees: 117100

Verizon Communications Inc. - Operating Industries and Main Competitors

error_outline To view all of Verizon Communications Inc.'s operating industries and competitors, see purchase options.

Verizon Communications Inc. - Products and Services

  • Information in the US

    • Of the 7 core revenue-generating products and services in the Information in the US industry, Verizon Communications Inc. offers:
    • Audio and video production and distribution
    • Broadcasting
    • Data processing and web publishing
    • AAAAA AAAAA

  • Search Engines in the US

    • Of the 4 core revenue-generating products and services in the Search Engines in the US industry, Verizon Communications Inc. offers:
    • Paid placement: banner ads
    • Paid placement: other ads
    • Paid placement: video ads

  • Internet Service Providers in the US

    • Of the 5 core revenue-generating products and services in the Internet Service Providers in the US industry, Verizon Communications Inc. offers:
    • Business broadband services
    • Carrier and internet backbone services
    • Dial-up internet access
    • AAAAA AAAAA
error_outline To view Verizon Communications Inc.'s full products and services, see purchase options.

Verizon Communications Inc. - Analyst Insights

Verizon increases its dividend for the 15th year in a row

In September 2021, Verizon Communication Inc’s board of directors approved a quarterly dividend of 64 cents per share, an increase of 1.25 cents per share in the previous quarter. With 4.1 billion shares outstanding for the company, Verizon paid $5.2 billion in dividends in the first half of 2021 and is expected to continue to increase this amount in the future. This growth in dividends displays positive revenue and operating profit for the company and increases investor confidence in Verizon.

Structural


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Verizon Communications Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Verizon Communications Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Information in the US, Search Engines in the US, and Internet Service Providers in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Verizon Communications Inc.'s full SWOT analysis, see purchase options.

Verizon Communications Inc. - Financial Statements & Ratios

pie_chartVerizon Communications Inc. Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue133,974.0136,835.0133,613.0128,292.0131,868.0130,863.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartVerizon Communications Inc. Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and Equivalents2,065.02,605.02,921.022,171.02,594.02,745.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartVerizon Communications Inc. Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net Income12,095.021,748.022,618.018,348.019,788.016,039.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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