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VZ US​
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Verizon Communications Inc(VZ US)

$46.40-0.150.32%(Market Open · 18:44:33 UTC)
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ProfileEntity Structure

Documents

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  • Home
  • AI Agent
  • Annotations
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  • Pricing and plans
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    Terms of servicePrivacy policy
  • Get the full experience

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VZ US​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Verizon Communications Inc(VZ US)

$46.40-0.150.32%(Market Open · 18:44:33 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Verizon Communications Inc — Company Profile

Verizon Communications Inc. operates as a prominent global provider of diverse communication, technology, information, and entertainment solutions, catering to individuals, enterprises, and government entities worldwide through its various divisions. Its Consumer segment focuses on individual customers, supplying a broad spectrum of mobile service options, including both subscription-based (postpaid) and pay-as-you-go (prepaid) plans. This segment also facilitates internet access for portable devices such as laptop computers and tablets, and offers a variety of wireless hardware, ranging from smartphones and traditional mobile handsets to advanced wireless-enabled gadgets like tablets and smartwatches. Additionally, it delivers essential residential fixed connectivity services, which encompass internet, television, and voice communication. Verizon also extends its network capabilities by providing access to mobile virtual network operators. As of December 31, 2021, this segment reported approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment is dedicated to providing enterprise-level solutions. It offers comprehensive network connectivity products, including private networking, private cloud integration, virtual and software-defined networking, and high-speed internet access services. This segment further delivers sophisticated internet protocol-based voice and video communication tools, unified communications and collaboration platforms, and specialized customer contact center solutions. Beyond core connectivity, it provides a suite of managed services and data security offerings. Its extensive portfolio also covers domestic and international voice and data services, such as calling, messaging, conferencing, advanced contact center functionalities, and dedicated private line and data access networks. Moreover, the Business segment furnishes customer premises equipment, along with essential installation, maintenance, and on-site support services, and a wide array of Internet of Things (IoT) products and services. By December 31, 2021, this segment had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. Verizon Communications Inc. was incorporated in 1983 and holds its corporate headquarters in New York, New York. The company, which was originally known as Bell Atlantic Corporation, officially adopted its current name in June 2000.

Sector
Information Technology
Industry
Communications Equipment
Exchange
UN
CEO
Daniel H. Schulman
Headquarters
New York City, NY, US
IPO Date
Nov 21, 1983
Employees
89,900
Website

Verizon Communications Inc — Company Profile

Verizon Communications Inc. operates as a prominent global provider of diverse communication, technology, information, and entertainment solutions, catering to individuals, enterprises, and government entities worldwide through its various divisions. Its Consumer segment focuses on individual customers, supplying a broad spectrum of mobile service options, including both subscription-based (postpaid) and pay-as-you-go (prepaid) plans. This segment also facilitates internet access for portable devices such as laptop computers and tablets, and offers a variety of wireless hardware, ranging from smartphones and traditional mobile handsets to advanced wireless-enabled gadgets like tablets and smartwatches. Additionally, it delivers essential residential fixed connectivity services, which encompass internet, television, and voice communication. Verizon also extends its network capabilities by providing access to mobile virtual network operators. As of December 31, 2021, this segment reported approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment is dedicated to providing enterprise-level solutions. It offers comprehensive network connectivity products, including private networking, private cloud integration, virtual and software-defined networking, and high-speed internet access services. This segment further delivers sophisticated internet protocol-based voice and video communication tools, unified communications and collaboration platforms, and specialized customer contact center solutions. Beyond core connectivity, it provides a suite of managed services and data security offerings. Its extensive portfolio also covers domestic and international voice and data services, such as calling, messaging, conferencing, advanced contact center functionalities, and dedicated private line and data access networks. Moreover, the Business segment furnishes customer premises equipment, along with essential installation, maintenance, and on-site support services, and a wide array of Internet of Things (IoT) products and services. By December 31, 2021, this segment had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. Verizon Communications Inc. was incorporated in 1983 and holds its corporate headquarters in New York, New York. The company, which was originally known as Bell Atlantic Corporation, officially adopted its current name in June 2000.

Sector
Information Technology
Industry
Communications Equipment
Exchange
UN
CEO
Daniel H. Schulman
Headquarters
New York City, NY, US
IPO Date
Nov 21, 1983
Employees
89,900
Website
www.verizon.com

Key Metrics

Price
$45.92
Market Cap
$191.74B
Revenue (TTM)
$34.44B
Net Income (TTM)
$5.04B
EPS (TTM)
1.20
P/E (TTM)
11.06
P/B (TTM)
1.86
Dividend Yield
6.01%
ROE (TTM)
4.88%
ROA (TTM)
1.21%
Operating Margin
23.93%
Beta
-0.19

Dividends

Last Dividend
$0.71
Last Yield
0.06%

Summary

Verizon Communications Inc. operates as a prominent global provider of diverse communication, technology, information, and entertainment solutions, catering to individuals, enterprises, and government entities worldwide through its various divisions. Its Consumer segment focuses on individual customers, supplying a broad spectrum of mobile service options, including both subscription-based (postpaid) and pay-as-you-go (prepaid) plans. This segment also facilitates internet access for portable devices such as laptop computers and tablets, and offers a variety of wireless hardware, ranging from smartphones and traditional mobile handsets to advanced wireless-enabled gadgets like tablets and smartwatches. Additionally, it delivers essential residential fixed connectivity services, which encompass internet, television, and voice communication. Verizon also extends its network capabilities by providing access to mobile virtual network operators. As of December 31, 2021, this segment reported approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment is dedicated to providing enterprise-level solutions. It offers comprehensive network connectivity products, including private networking, private cloud integration, virtual and software-defined networking, and high-speed internet access services. This segment further delivers sophisticated internet protocol-based voice and video communication tools, unified communications and collaboration platforms, and specialized customer contact center solutions. Beyond core connectivity, it provides a suite of managed services and data security offerings. Its extensive portfolio also covers domestic and international voice and data services, such as calling, messaging, conferencing, advanced contact center functionalities, and dedicated private line and data access networks. Moreover, the Business segment furnishes customer premises equipment, along with essential installation, maintenance, and on-site support services, and a wide array of Internet of Things (IoT) products and services. By December 31, 2021, this segment had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. Verizon Communications Inc. was incorporated in 1983 and holds its corporate headquarters in New York, New York. The company, which was originally known as Bell Atlantic Corporation, officially adopted its current name in June 2000.

Website
www.verizon.com
Location
New York City, NY, US
Phone212 395 1000
Employees89,900
CEODaniel H. Schulman
Sector
Information Technology
Industry
Communications Equipment
IPO DateNov 21, 1983

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(10.2K)

Expand
  • Form 144Malady Kyle10 Nov
  • Form 4Villanueva Rodriguez Alfonso6 Nov
  • Form 4Venkatesh Vandana6 Nov
  • Form 4Stillwell Mary-Lee6 Nov
  • Form 4Skiadas Anthony T6 Nov
  • Form 4Russo Joseph J.6 Nov
  • Form 4Malady Kyle6 Nov
  • Form 4SCHULMAN DANIEL H6 Nov
  • Form 4Malady Kyle4 Nov
  • Form 4Schelling Christina3 Nov
  • Form 3Schelling Christina3 Nov
  • Form 144Malady Kyle3 Nov
  • EFFECTNotice of effectiveness3 Nov
  • 424B3Prospectus filing (Rule 424(b)(3))2 Nov
  • 10-QQ3ended 30 Sept 202629 Oct
  • Form 4Malady Kyle28 Oct
  • Form 144Malady Kyle27 Oct
  • 25-NSENotification of removal from listing27 Oct
  • 8-KResults of Operations and Financial Condition26 Oct
  • Form 4Villanueva Rodriguez Alfonso23 Oct

News

  • Nokia vs. Verizon: Which Telecommunications Stock Is a Better Buy for 2027?11 Nov
  • What Does a 72-Year-Old Need Invested to Collect $8,400 a Month for Life Without Touching Principal?11 Nov
  • SGOV Yields 3.63%. Can Johnson & Johnson or Verizon Pay Retirees More?11 Nov
  • How Much Verizon Stock Does a 65-Year-Old Need to Collect $2,000 a Month in Dividends?11 Nov
  • Treasuries Now Offer 2.66% Above Inflation. Are Dividend Stocks in Trouble?10 Nov
  • Verizon Communications Inc. (VZ) Is a Trending Stock: Facts to Know Before Betting on It10 Nov
  • Democrats Take Congress: 4 Dividend Stocks From Oil to Telecom Worth Buying10 Nov
  • Is Verizon an Undervalued Dividend Stock to Buy Right Now in November?10 Nov
  • The Portfolio Blueprint for $12,200 a Month in Dividend Income Without Selling a Single Share9 Nov
  • Verizon's Dividends Kept $1,000 Afloat at $1,580 While the S&P 500 Reached $3,9109 Nov
  • $400,000 in Dividend Stocks: How a Roth IRA Could Save You $3,780 a Year9 Nov
  • VZ Shares Rise 14.7% in a Year: What's the Next Move for Investors?9 Nov
  • 4 High-Yield Dividend Stocks You Can Buy Today and Hold Forever9 Nov
  • Want Reliable Dividend Income? These 4 High-Yield Stocks Have Balance Sheets Lenders Still Trust9 Nov
  • These 6 Telecom Stocks Collect Monthly Bills No Matter What the Market Does9 Nov
  • 6 Dividend Stocks With Big Yields and Bigger Warning Signs9 Nov
  • Verizon Yields 6.2%. Is This Dividend Stock a Trap or a Retirement Bargain?8 Nov
  • Your Phone Bill Could Pay You Back: $90,000 in These 3 Dividend Stocks Yields $4,967 a Year7 Nov
  • The Average 1-Year CD Pays Just 1.76%. These Dividend Stocks Could Pay More6 Nov
  • $600,000 in Dividend Stocks: How a Roth IRA Could Save You $4,460 a Year6 Nov

Mentions in Filings

  • … Senate confirmed in March 2022, expires on January 1, 2027 2027; she is currently chair of the National Association of Regulatory Utility • Previously vice president of Pacific Northwest State Commissioners (“NARUC”) Government Affairs for <strong>Verizon Communications</strong> Milt Doumit (R) Commissioner • Served as chief of staff in the Washington Attorney 2022-2029 General’s Office and in roles supporting and representing the Washington State Senate 25 ---
    PUGET SOUND ENERGY INCVerizon Communications Inc·EX-99.1 - 8-K - Regulation FD Disclosure·Q4 26·6 Nov
  • … s, as disclosed in Note 2 — Discontinued Operations, other divestiture transactions are disclosed below. On June 1, 2026, Array closed on the sale of certain AWS, Cellular and PCS wireless spectrum licenses to <strong>Verizon Communications Inc.</strong> (Verizon) for $1,000.0 million and TDS recorded a book gain of $400.2 million ($304.2 million net of tax) during the second quarter of 2026. The book gain recorded at TDS is lower than the book gain recorded at …
    TELEPHONE & DATA SYSTEMS INC /DE/Verizon Communications Inc·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … s, as disclosed in Note 2 — Discontinued Operations, other divestiture transactions are disclosed below. On June 1, 2026, Array closed on the sale of certain AWS, Cellular and PCS wireless spectrum licenses to <strong>Verizon Communications Inc.</strong> (Verizon) for $1,000.0 million and recorded a book gain of $408.9 million ($306.7 million net of tax) during the second quarter of 2026. On January 13, 2026, Array closed on the sale of certain 3.45 GHz and 700 …
    ARRAY DIGITAL INFRASTRUCTURE, INC.Verizon Communications Inc·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … iders are beginning to offer high-speed connectivity in certain geographies that can compete with traditional broadband, although their overall presence in our footprint remains limited. Our competitors include <strong>Verizon Communications Inc.</strong>, AT&T Inc., T-Mobile US, Inc., Charter Communications, Inc., Comcast Corporation, and emerging satellite-based broadband providers, as well as DirecTV, DISH Network (a wholly-owned subsidiary of EchoStar Corpora …
    Optimum Communications, Inc.Verizon Communications Inc·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … iders are beginning to offer high-speed connectivity in certain geographies that can compete with traditional broadband, although their overall presence in our footprint remains limited. Our competitors include <strong>Verizon Communications Inc.</strong>, AT&T Inc., T-Mobile US, Inc., Charter Communications, Inc., Comcast Corporation, and emerging satellite-based broadband providers, as well as DirecTV, DISH Network (a wholly-owned subsidiary of EchoStar Corpora …
    Optimum Communications, Inc.Verizon Communications Inc·10-Q/A - Quarterly report (amendment) Q2·Q2 26·6 Nov
  • … iders are beginning to offer high-speed connectivity in certain geographies that can compete with traditional broadband, although their overall presence in our footprint remains limited. Our competitors include <strong>Verizon Communications Inc.</strong>, AT&T Inc., T-Mobile US, Inc., Charter Communications, Inc., Comcast Corporation, and emerging satellite-based broadband providers, as well as DirecTV, DISH Network (a wholly-owned subsidiary of EchoStar Corpora …
    Optimum Communications, Inc.Verizon Communications Inc·10-Q/A - Quarterly report (amendment) Q1·Q1 26·6 Nov

Key Stats

Trading

Px/Chg 1D$45.92 / -0.13%
Avg Volume25.26M
Beta-0.19
Mkt Cap191.74B
FD Mkt Cap209.68B

Float

Shrs Out/Float4.18B / 4.17B
Short Float0.02%
Days to Cover2.64
Stock Repurchased$2.50B

Current Valuation

EV380.56B
EV/EBITDA7.82
EV/Sales2.73
P/B1.86
P/S1.38
FCF Yield1.97%
ROE4.88%
ROA1.21%
Current Ratio0.64

Dividend

Cash$0.71
Yield6.01%
Yield (TTM)6.01%

Estimates

P/E11.06
Est P/E0.00
Est EPS1.21
Est PEG0.00

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings31.347.3014.3210.3186.7538.01
Price / Sales2.971.131.241.345.585.57
Price / Book Value1.821.701.801.821.941.86
Price / Free Cash Flow26.1114.928.899.5446.5350.69
ENTERPRISE VALUE METRICS
Enterprise Value356,669.9330,182.8340,538.4346,073.6385,993.9380,560.7
Enterprise Value / Sales5.842.412.542.5710.6111.05
Enterprise Value / EBITDA18.366.758.487.2841.3227.95
Enterprise Value / EBIT32.1710.3715.1311.6880.0543.62

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue84.6%133,613.0136,835.0133,974.0134,788.0138,191.0
Gross Income79.7%61,106.060,603.061,463.062,799.063,077.0
EBITDA-72.5%49,124.048,952.040,136.047,524.047,715.0
EBIT-2.8%32,918.031,853.022,512.029,632.029,366.0
Net Income-6.1%22,065.021,256.011,614.017,506.017,174.0
EPS (Diluted)-6.5%5.325.062.754.154.06
BALANCE SHEET
Cash & ST Inv59.8%2,921.02,605.02,065.04,194.019,048.0
Total Assets2.5%366,596.0379,680.0380,255.0384,711.0404,258.0
Total Liabilities1.3%283,396.0287,217.0286,456.0284,136.0298,517.0
Total Shareholder Equity6.3%81,790.091,144.092,430.099,237.0104,460.0
CASH FLOW
Net Operating Cash Flow-1.6%39,539.037,141.037,475.036,912.037,137.0
Cap Ex-4.3%-20,286.0-26,740.0-18,767.0-17,990.0-17,011.0
Free Cash Flow1.1%19,253.010,401.018,708.018,922.020,126.0

Enterprise Value Bridge

Millions USD11 Nov '26
Price (As of 11 Nov '26)46.01
Basic Shares4,175.56
Market Cap192,112.9
Diluted Shares4,161.00
Fully Diluted Shares Outstanding4,161.00
Fully Diluted Market Cap191,443.0
+Consolidated Debt188,968.0
−In-the-Money Convertible Debt—
+Capital Leases17,963.0
+Operating Leases—
−Cash & Equivalents-4,495.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,306.0
+Pension Liabilities—
Enterprise Value377,891.9

Segment data

Revenue

by Products and services

  • Verizon Consumer Group79%
  • Verizon Business Group21%

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www.verizon.com

Key Metrics

Price
$45.92
Market Cap
$191.74B
Revenue (TTM)
$34.44B
Net Income (TTM)
$5.04B
EPS (TTM)
1.20
P/E (TTM)
11.06
P/B (TTM)
1.86
Dividend Yield
6.01%
ROE (TTM)
4.88%
ROA (TTM)
1.21%
Operating Margin
23.93%
Beta
-0.19

Dividends

Last Dividend
$0.71
Last Yield
0.06%

Summary

Verizon Communications Inc. operates as a prominent global provider of diverse communication, technology, information, and entertainment solutions, catering to individuals, enterprises, and government entities worldwide through its various divisions. Its Consumer segment focuses on individual customers, supplying a broad spectrum of mobile service options, including both subscription-based (postpaid) and pay-as-you-go (prepaid) plans. This segment also facilitates internet access for portable devices such as laptop computers and tablets, and offers a variety of wireless hardware, ranging from smartphones and traditional mobile handsets to advanced wireless-enabled gadgets like tablets and smartwatches. Additionally, it delivers essential residential fixed connectivity services, which encompass internet, television, and voice communication. Verizon also extends its network capabilities by providing access to mobile virtual network operators. As of December 31, 2021, this segment reported approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment is dedicated to providing enterprise-level solutions. It offers comprehensive network connectivity products, including private networking, private cloud integration, virtual and software-defined networking, and high-speed internet access services. This segment further delivers sophisticated internet protocol-based voice and video communication tools, unified communications and collaboration platforms, and specialized customer contact center solutions. Beyond core connectivity, it provides a suite of managed services and data security offerings. Its extensive portfolio also covers domestic and international voice and data services, such as calling, messaging, conferencing, advanced contact center functionalities, and dedicated private line and data access networks. Moreover, the Business segment furnishes customer premises equipment, along with essential installation, maintenance, and on-site support services, and a wide array of Internet of Things (IoT) products and services. By December 31, 2021, this segment had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. Verizon Communications Inc. was incorporated in 1983 and holds its corporate headquarters in New York, New York. The company, which was originally known as Bell Atlantic Corporation, officially adopted its current name in June 2000.

Website
www.verizon.com
Location
New York City, NY, US
Phone212 395 1000
Employees89,900
CEODaniel H. Schulman
Sector
Information Technology
Industry
Communications Equipment
IPO DateNov 21, 1983

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(10.2K)

Expand
  • Form 144Malady Kyle10 Nov
  • Form 4Villanueva Rodriguez Alfonso6 Nov
  • Form 4Venkatesh Vandana6 Nov
  • Form 4Stillwell Mary-Lee6 Nov
  • Form 4Skiadas Anthony T6 Nov
  • Form 4Russo Joseph J.6 Nov
  • Form 4Malady Kyle6 Nov
  • Form 4SCHULMAN DANIEL H6 Nov
  • Form 4Malady Kyle4 Nov
  • Form 4Schelling Christina3 Nov
  • Form 3Schelling Christina3 Nov
  • Form 144Malady Kyle3 Nov
  • EFFECTNotice of effectiveness3 Nov
  • 424B3Prospectus filing (Rule 424(b)(3))2 Nov
  • 10-QQ3ended 30 Sept 202629 Oct
  • Form 4Malady Kyle28 Oct
  • Form 144Malady Kyle27 Oct
  • 25-NSENotification of removal from listing27 Oct
  • 8-KResults of Operations and Financial Condition26 Oct
  • Form 4Villanueva Rodriguez Alfonso23 Oct

News

  • Nokia vs. Verizon: Which Telecommunications Stock Is a Better Buy for 2027?11 Nov
  • What Does a 72-Year-Old Need Invested to Collect $8,400 a Month for Life Without Touching Principal?11 Nov
  • SGOV Yields 3.63%. Can Johnson & Johnson or Verizon Pay Retirees More?11 Nov
  • How Much Verizon Stock Does a 65-Year-Old Need to Collect $2,000 a Month in Dividends?11 Nov
  • Treasuries Now Offer 2.66% Above Inflation. Are Dividend Stocks in Trouble?10 Nov
  • Verizon Communications Inc. (VZ) Is a Trending Stock: Facts to Know Before Betting on It10 Nov
  • Democrats Take Congress: 4 Dividend Stocks From Oil to Telecom Worth Buying10 Nov
  • Is Verizon an Undervalued Dividend Stock to Buy Right Now in November?10 Nov
  • The Portfolio Blueprint for $12,200 a Month in Dividend Income Without Selling a Single Share9 Nov
  • Verizon's Dividends Kept $1,000 Afloat at $1,580 While the S&P 500 Reached $3,9109 Nov
  • $400,000 in Dividend Stocks: How a Roth IRA Could Save You $3,780 a Year9 Nov
  • VZ Shares Rise 14.7% in a Year: What's the Next Move for Investors?9 Nov
  • 4 High-Yield Dividend Stocks You Can Buy Today and Hold Forever9 Nov
  • Want Reliable Dividend Income? These 4 High-Yield Stocks Have Balance Sheets Lenders Still Trust9 Nov
  • These 6 Telecom Stocks Collect Monthly Bills No Matter What the Market Does9 Nov
  • 6 Dividend Stocks With Big Yields and Bigger Warning Signs9 Nov
  • Verizon Yields 6.2%. Is This Dividend Stock a Trap or a Retirement Bargain?8 Nov
  • Your Phone Bill Could Pay You Back: $90,000 in These 3 Dividend Stocks Yields $4,967 a Year7 Nov
  • The Average 1-Year CD Pays Just 1.76%. These Dividend Stocks Could Pay More6 Nov
  • $600,000 in Dividend Stocks: How a Roth IRA Could Save You $4,460 a Year6 Nov

Mentions in Filings

  • … Senate confirmed in March 2022, expires on January 1, 2027 2027; she is currently chair of the National Association of Regulatory Utility • Previously vice president of Pacific Northwest State Commissioners (“NARUC”) Government Affairs for <strong>Verizon Communications</strong> Milt Doumit (R) Commissioner • Served as chief of staff in the Washington Attorney 2022-2029 General’s Office and in roles supporting and representing the Washington State Senate 25 ---
    PUGET SOUND ENERGY INCVerizon Communications Inc·EX-99.1 - 8-K - Regulation FD Disclosure·Q4 26·6 Nov
  • … s, as disclosed in Note 2 — Discontinued Operations, other divestiture transactions are disclosed below. On June 1, 2026, Array closed on the sale of certain AWS, Cellular and PCS wireless spectrum licenses to <strong>Verizon Communications Inc.</strong> (Verizon) for $1,000.0 million and TDS recorded a book gain of $400.2 million ($304.2 million net of tax) during the second quarter of 2026. The book gain recorded at TDS is lower than the book gain recorded at …
    TELEPHONE & DATA SYSTEMS INC /DE/Verizon Communications Inc·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … s, as disclosed in Note 2 — Discontinued Operations, other divestiture transactions are disclosed below. On June 1, 2026, Array closed on the sale of certain AWS, Cellular and PCS wireless spectrum licenses to <strong>Verizon Communications Inc.</strong> (Verizon) for $1,000.0 million and recorded a book gain of $408.9 million ($306.7 million net of tax) during the second quarter of 2026. On January 13, 2026, Array closed on the sale of certain 3.45 GHz and 700 …
    ARRAY DIGITAL INFRASTRUCTURE, INC.Verizon Communications Inc·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … iders are beginning to offer high-speed connectivity in certain geographies that can compete with traditional broadband, although their overall presence in our footprint remains limited. Our competitors include <strong>Verizon Communications Inc.</strong>, AT&T Inc., T-Mobile US, Inc., Charter Communications, Inc., Comcast Corporation, and emerging satellite-based broadband providers, as well as DirecTV, DISH Network (a wholly-owned subsidiary of EchoStar Corpora …
    Optimum Communications, Inc.Verizon Communications Inc·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … iders are beginning to offer high-speed connectivity in certain geographies that can compete with traditional broadband, although their overall presence in our footprint remains limited. Our competitors include <strong>Verizon Communications Inc.</strong>, AT&T Inc., T-Mobile US, Inc., Charter Communications, Inc., Comcast Corporation, and emerging satellite-based broadband providers, as well as DirecTV, DISH Network (a wholly-owned subsidiary of EchoStar Corpora …
    Optimum Communications, Inc.Verizon Communications Inc·10-Q/A - Quarterly report (amendment) Q2·Q2 26·6 Nov
  • … iders are beginning to offer high-speed connectivity in certain geographies that can compete with traditional broadband, although their overall presence in our footprint remains limited. Our competitors include <strong>Verizon Communications Inc.</strong>, AT&T Inc., T-Mobile US, Inc., Charter Communications, Inc., Comcast Corporation, and emerging satellite-based broadband providers, as well as DirecTV, DISH Network (a wholly-owned subsidiary of EchoStar Corpora …
    Optimum Communications, Inc.Verizon Communications Inc·10-Q/A - Quarterly report (amendment) Q1·Q1 26·6 Nov

Key Stats

Trading

Px/Chg 1D$45.92 / -0.13%
Avg Volume25.26M
Beta-0.19
Mkt Cap191.74B
FD Mkt Cap209.68B

Float

Shrs Out/Float4.18B / 4.17B
Short Float0.02%
Days to Cover2.64
Stock Repurchased$2.50B

Current Valuation

EV380.56B
EV/EBITDA7.82
EV/Sales2.73
P/B1.86
P/S1.38
FCF Yield1.97%
ROE4.88%
ROA1.21%
Current Ratio0.64

Dividend

Cash$0.71
Yield6.01%
Yield (TTM)6.01%

Estimates

P/E11.06
Est P/E0.00
Est EPS1.21
Est PEG0.00

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings31.347.3014.3210.3186.7538.01
Price / Sales2.971.131.241.345.585.57
Price / Book Value1.821.701.801.821.941.86
Price / Free Cash Flow26.1114.928.899.5446.5350.69
ENTERPRISE VALUE METRICS
Enterprise Value356,669.9330,182.8340,538.4346,073.6385,993.9380,560.7
Enterprise Value / Sales5.842.412.542.5710.6111.05
Enterprise Value / EBITDA18.366.758.487.2841.3227.95
Enterprise Value / EBIT32.1710.3715.1311.6880.0543.62

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue84.6%133,613.0136,835.0133,974.0134,788.0138,191.0
Gross Income79.7%61,106.060,603.061,463.062,799.063,077.0
EBITDA-72.5%49,124.048,952.040,136.047,524.047,715.0
EBIT-2.8%32,918.031,853.022,512.029,632.029,366.0
Net Income-6.1%22,065.021,256.011,614.017,506.017,174.0
EPS (Diluted)-6.5%5.325.062.754.154.06
BALANCE SHEET
Cash & ST Inv59.8%2,921.02,605.02,065.04,194.019,048.0
Total Assets2.5%366,596.0379,680.0380,255.0384,711.0404,258.0
Total Liabilities1.3%283,396.0287,217.0286,456.0284,136.0298,517.0
Total Shareholder Equity6.3%81,790.091,144.092,430.099,237.0104,460.0
CASH FLOW
Net Operating Cash Flow-1.6%39,539.037,141.037,475.036,912.037,137.0
Cap Ex-4.3%-20,286.0-26,740.0-18,767.0-17,990.0-17,011.0
Free Cash Flow1.1%19,253.010,401.018,708.018,922.020,126.0

Enterprise Value Bridge

Millions USD11 Nov '26
Price (As of 11 Nov '26)46.01
Basic Shares4,175.56
Market Cap192,112.9
Diluted Shares4,161.00
Fully Diluted Shares Outstanding4,161.00
Fully Diluted Market Cap191,443.0
+Consolidated Debt188,968.0
−In-the-Money Convertible Debt—
+Capital Leases17,963.0
+Operating Leases—
−Cash & Equivalents-4,495.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,306.0
+Pension Liabilities—
Enterprise Value377,891.9

Segment data

Revenue

by Products and services

  • Verizon Consumer Group79%
  • Verizon Business Group21%

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