Verizon Communications

Verizon Communications is a Manhattan-based telecommunications giant offering a wide array of voice, data, and video services and solutions on its networks and platforms. Employing over 130,000 workers in more than 150 locations globally, Verizon was the second-largest U.S. telecommunications company by revenue in 2020, according to the latest Fortune 500 rankings. Verizon is currently in the midst of an intense multibillion-dollar battle with competitors such as T-Mobile and AT&T for the highest speed and most widely available 5G network. In May of 2021, Verizon took a notable step away from its role as content provider, selling a 90% stake in its media group—which includes the AOL and Yahoo brands—to private equity firm Apollo Global Management, for $5 billion.
F500-2020-020-Verizon
GEORGE FREY—AFP via Getty Images

Company Information

As of 8/3/2022
Country
U.S.
Headquarters
New York City
Industry
Telecommunications
CEO
Hans E. Vestberg
Company Type
Public
Ticker
VZ
Revenues ($M)
$133,613
Profits ($M)
$22,065
Market Value ($M)
$211,872
Employees
118,400
Market value as of July 19, 2022.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$133,613
4.1%
Profits ($M)
$22,065
24%
Assets ($M)
$366,596
-
Total Stockholder Equity ($M)
$81,790
-

Profit Ratios

Profit as % of Revenues
16.5%
Profits as % of Assets
6%
Profits as % of Stockholder Equity
27%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
5
EPS % Change (from 2020)
23.7%
EPS % Change (5 year annual rate)
10.6%
EPS % Change (10 year annual rate)
20.1%

Total Return

Total Return to Investors (2021)
-7.4%
Total Return to Investors (5 year, annualized)
4%
Total Return to Investors (10 year, annualized)
7.3%

World's Most Admired Companies

Sector
Computers and Communication
Industry
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Current All-Star Rank
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Previous All-Star Rank
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Industry Rank
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Previous Industry Rank
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Overall Score
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Innovation
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People Management
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Use of Corporate Assets
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Social Responsibility
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Quality of Management
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Financial Soundness
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Long-Term Investment Value
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Quality of Products/Services
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Global Competitiveness
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