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  • Previous Rank
    13
  • Revenues ($M)
    $125,980
  • Revenue Percent Change
    -4.3%
  • Profits ($M)
    $13,127
  • Profits Percent Change
    -26.6%
  • Assets ($M)
    $244,180
  • Employees
    160,900
  • Market Value — as of March 31, 2017 ($M)
    $198,900

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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Company Info

CEO
Lowell C. McAdam
CEO Title
Chairman & Chief Executive Officer
Sector
Telecommunications
Industry
Telecommunications
HQ Location
New York, NY
Websitehttp://www.verizon.com
Years on Fortune 500 List23
Employees160,900

Verizon Communications Rank History

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Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$125,980-4.3%
Profits ($M)$13,127-26.6%
Assets ($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%