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Fortune 500

Photo credit: David Paul Morris — Bloomberg via Getty Images

14

Verizon

VZ

It has been an acquisitive year for telecommunications giant Verizon. In the span of a few months the company announced that it would acquire both AOL and Yahoo as it works to load its formidable network still the most comprehensive and widespread in the U.S. with content in a bid to keep a highly competitive (and highly lucrative) market from turning into a commodity business. The company is dead-set on a mobile, digital future and has been investing in next-generation 5G wireless technology as well as the multitrillion-dollar Internet of things opportunities it enables. Verizon was founded in 1983 and is headquartered in New York City.

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CEO

Lowell C. McAdam

CEO Title

Chairman & Chief Executive Officer

Sector

Telecommunications

Industry

Telecommunications

HQ Location

New York, NY

Years on Fortune 500 List

23

Employees

160,900

Profile provided by S&P Global.
Verizon is also featured in these fortune lists
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$125,980-4.3%
Profits ($M)$13,127.0-26.6%
Assets ($M)$244,180
Total Stockholder Equity ($M)$22,524
Market Value — as of March 31, 2017 ($M)$198,900
Profit Ratios
Profit as % of Revenues10.4%
Profits as % of Assets5.4%
Profits as % of Stockholder Equity58.3%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)3.21
EPS % Change (from 2015)-26.5%
EPS % Change (5 year annual rate)30.4%
EPS % Change (10 year annual rate)4.2%
Total Return
Total Return to Investors (2016)20.7%
Total Return to Investors (5 year, annualized)10.7%
Total Return to Investors (10 year, annualized)9.6%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
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  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about Verizon

Massachusetts Court: Yahoo Can Give Dead Man's Emails to Siblings

The ruling against Yahoo set a precedent to what happens to email after someone dies.

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Verizon's Marni Walden on Why She's Leaving the Company

Verizon's top-ranking female exec will leave the company in February.

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A Nostalgic Look Back At AOL Instant Messenger

Could the once-king of online chat have lead the way in the smartphone era?

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