- Rank16
- Previous Rank16
- CEOLowell C. McAdam
- Address140 West St., New York, NY 10007
- Websitewww.verizon.com
The nation’s top carrier got a 4.1% increase in sales last year as it added more wireless customers while expanding a 4G LTE mobile broadband network that is now available to 305 million people, nearly the entire U.S. population. Facing increased competition from its mobile competitors, Verizon engineered a massive $130 billion buyback of Vodafone’s 45% in Verizon Wireless, a deal that closed in February and earned Verizon nearly $2 billion after taxes in this year’s first quarter. The company also bought digital TV technology assets from Intel — something Verizon hopes will help improve aspects of its FiOS video service and allow it to create a platform for broadcasting TV channels on mobile devices.
Key Financials
| $ Millions | % change | |
|---|---|---|
| Revenues | 120,550 | 4.1 |
| Profits | 11497 | 1,213 |
| Total Assets | 274,098 | - |
| Total Shareholder Equity | 38,836 | - |
| Market Value (on March 31, 2014) | 196,994 | - |
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Profit as a % of
| Sales | 9.5 |
| Assets | 4.2 |
| Stockholders' Equity | 29.6 |
Earnings Per Share
| Earnings Per Share ($) | 4 |
| EPS % Change (from 2012) | 1,190 |
| EPS % Change (5 year) | 12.1 |
| EPS % Change (10 year) | 13.7 |
Total Return to Investors
| Total Return to Investors | 18.4 |
| Total Return to Investors (5 year, annualized) | 15.1 |
| Total Return to Investors (10 year, annualized) | 9.8 |