Annual Financials for Verizon Communications Inc.
Fiscal year is January-December. All values USD millions. |
2018 | 2019 | 2020 | 2021 | 2022 |
5-year trend |
Sales/Revenue
|
130.86B | 131.87B | 128.29B | 133.61B | 136.84B | |
Sales Growth |
- | 0.77% | -2.71% | 4.15% | 2.41% | |
Cost of Goods Sold (COGS) incl. D&A |
72.61B | 71.41B | 67.92B | 72.51B | 76.23B | |
COGS excluding D&A |
55.21B | 54.73B | 51.2B | 56.3B | 59.13B | |
Depreciation & Amortization Expense |
17.4B | 16.68B | 16.72B | 16.21B | 17.1B | |
Depreciation |
15.19B | 14.37B | 14.28B | 14.12B | 14.59B | |
Amortization of Intangibles |
2.22B | 2.31B | 2.45B | 2.09B | 2.51B | |
COGS Growth |
- | -1.65% | -4.88% | 6.75% | 5.14% | |
Gross Income |
58.26B | 60.46B | 60.37B | 61.11B | 60.6B | |
Gross Income Growth |
- | 3.79% | -0.15% | 1.22% | -0.82% | |
Gross Profit Margin |
- | - | - | - | 44.29% | NA |
|
2018 | 2019 | 2020 | 2021 | 2022 |
5-year trend |
SG&A Expense |
28.25B | 29.43B | 30.5B | 29.14B | 30.14B | |
Research & Development |
- | - | - | - | - | |
Other SG&A |
28.25B | 29.43B | 30.5B | 29.14B | 30.14B | |
SGA Growth |
- | 4.19% | 3.65% | -4.47% | 3.41% | |
Other Operating Expense |
- | - | - | - | - | |
Unusual Expense |
6.55B | 4.12B | 1.3B | 3.75B | 1.11B | |
EBIT after Unusual Expense |
23.45B | 26.91B | 28.57B | 28.21B | 29.36B | |
Non Operating Income/Expense |
888M | 448M | (349M) | 4.51B | 2.3B | |
Non-Operating Interest Income |
94M | 121M | 65M | 48M | 146M | |
Equity in Affiliates (Pretax) |
21M | (15M) | (45M) | 145M | 44M | |
Interest Expense |
4.83B | 4.73B | 4.27B | 3.5B | 3.58B | |
Interest Expense Growth |
- | -2.13% | -9.64% | -18.16% | 2.40% | |
Gross Interest Expense |
5.57B | 5.39B | 4.83B | 5.34B | 5.61B | |
Interest Capitalized |
740M | 656M | 555M | 1.84B | 2.03B | |
Pretax Income |
19.62B | 22.73B | 23.97B | 29.42B | 28.27B | |
Pretax Income Growth |
- | 15.85% | 5.43% | 22.75% | -3.91% | |
Pretax Margin |
- | - | - | - | 20.66% | NA |
Income Tax |
3.58B | 2.95B | 5.62B | 6.8B | 6.52B | |
Income Tax - Current Domestic |
2.93B | 1.49B | 3.91B | 2.29B | 3.35B | |
Income Tax - Current Foreign |
267M | 221M | 159M | 248M | 201M | |
Income Tax - Deferred Domestic |
359M | 1.25B | 1.55B | 4.36B | 3B | |
Income Tax - Deferred Foreign |
30M | (13M) | 1M | (97M) | (22M) | |
Income Tax Credits |
- | - | - | - | - | |
Equity in Affiliates |
- | - | - | - | - | |
Other After Tax Income (Expense) |
- | - | - | - | - | |
Consolidated Net Income |
16.04B | 19.79B | 18.35B | 22.62B | 21.75B | |
Minority Interest Expense |
511M | 523M | 547M | 553M | 492M | |
Net Income |
15.53B | 19.27B | 17.8B | 22.07B | 21.26B | |
Net Income Growth |
- | 24.07% | -7.60% | 23.95% | -3.67% | |
Net Margin Growth |
- | - | - | - | 15.53% | NA |
Extraordinaries & Discontinued Operations |
- | - | - | - | - | |
Extra Items & Gain/Loss Sale Of Assets |
- | - | - | - | - | |
Cumulative Effect - Accounting Chg |
- | - | - | - | - | |
Discontinued Operations |
- | - | - | - | - | |
Net Income After Extraordinaries |
15.53B | 19.27B | 17.8B | 22.07B | 21.26B | |
Preferred Dividends |
- | - | - | - | - | |
Net Income Available to Common |
15.53B | 19.27B | 17.8B | 22.07B | 21.26B | |
EPS (Basic) |
3.76 | 4.66 | 4.30 | 5.32 | 5.06 | |
EPS (Basic) Growth |
- | 23.82% | -7.64% | 23.71% | -4.90% | |
Basic Shares Outstanding |
4.13B | 4.14B | 4.14B | 4.15B | 4.2B | |
EPS (Diluted) |
3.76 | 4.65 | 4.30 | 5.32 | 5.06 | |
EPS (Diluted) Growth |
- | 23.76% | -7.64% | 23.72% | -4.91% | |
Diluted Shares Outstanding |
4.13B | 4.14B | 4.14B | 4.15B | 4.2B | |
EBITDA |
47.41B | 47.71B | 46.59B | 48.17B | 47.57B | |
EBITDA Growth |
- | 0.63% | -2.36% | 3.40% | -1.26% | |
EBITDA Margin |
- | - | - | - | 34.76% | NA |