Russell 2K2,968.27+0.51%

Economy10Y · to Sep 2026

Fed funds3.63%-

10Y Treasury4.77%▼ 0.02

Unemployment4.1%▼ 0.1

CPI y/y3.5%▼ 0.2

30Y mortgage6.71%▲ 0.05

VZ

Verizon Communications Inc.

NYSE · USD

50.59

▲ +0.37 (+0.74%)

Mkt cap

211.24B

Mega cap

P/E

13.2

0.67× peer median

P/S

1.5

0.80× peer median

Div yield

5.52%

Beta

0.23

77% less volatile

Volume

18.0M

52-week range92% of range

50.59

38.3951.68

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.

Shares out4.18B

Float4.17B · 99.9%

CEODaniel H. Schulman

Employees89,900

SectorCommunication Services

IndustryTelecommunications Services

HeadquartersNew York City, NY, US

IPONov 1983

CIK0000732712

Websitewww.verizon.com

Analysis · Claude

Claude reads this page's data and writes up Verizon Communications Inc.'s financials, valuation and analyst coverage: built only from the figures here, with nothing pulled in from elsewhere.

Generated by an AI model from the data on this page. It can be wrong, and it isn't investment advice or a recommendation to buy or sell anything. Check every figure against the sections themselves before you rely on it.

Price

Filing data points

What the filings say

3 negative · 1 caution · 4 positive

Negative: Net debt · 4.4× operating cash flow
$162.6B of net debt against $37.1B of annual operating cash flow.
Liquidity · FY25
Negative: Current ratio · 0.91
$56.9B of current assets against $62.4B due within a year: a shortfall of $5.4B.
Liquidity · FY25
Negative: Operating margin narrowing · −2.7 pp
23.9% in FY21 to 21.2% in FY25.
Profitability · FY25
Caution: Revenue growing 0.8%/yr
$133.6B in FY21 to $138.2B in FY25, with the latest year up 2.5%.
Growth · FY25
Positive: Self-funding
Free cash flow of $20.1B covers the business without outside capital, on $19.0B of cash and short-term investments.

News

recent coverage

Performance

vs S&P 500

VZ +24.2% S&P 500 +13.9%

Seasonality

average return by calendar month

Monthly seasonality

2012–2026

Strongest Nov +2.4%Weakest Dec −0.9%15 years · 2012–2026

Average month-end to month-end move for VZin each calendar month. Point at a bar for that month's spread: past seasonality is a tendency in a small sample, not a forecast.

Earnings

ttm

P/E vs EPS growth · below the channel = cheaper for its growth

VZ Peers Sectorshaded = fair-value channel

Sales

ttm

P/S vs revenue growth · below the channel = cheaper for its growth

VZ Peers Sectorshaded = fair-value channel

Peers

comparable multiples

Ticker	P/E	Fwd P/E	PEG	P/S	Fwd P/S	PSG	EPS gr	Rev gr
VZ	13.2	10.1	0.88	1.5	1.5	0.94	12%	2%
TMUS	19.6	17.2	0.88	2.2	2.1	0.41	20%	5%
DIS	22.1	15.5	2.28	1.9	1.8	0.33	7%	6%
T	8.6	11.2	-	1.4	1.4	0.58	-1%	2%
SPOT	28.9	45.1	2.05	5.3	5.8	0.40	22%	14%
CMCSA	8.7	7.6	-	0.8	0.8	-	-10%	-1%

This stock▲ cheaper / faster than peer median▼ richer / slower▶ click a row for its 1-year chartPEG = Fwd P/E ÷ EPS growth · PSG = Fwd P/S ÷ Rev growth

Positive: Operating profit · 21.2% margin

$138.2B of revenue against $108.9B of operating costs, leaving $29.3B.

Profitability · FY25

Positive: Cash conversion · 98% of earnings

$87.4B of free cash flow against $89.6B of net income across 5 fiscal years.

Quality · FY25

Positive: Beat EPS in 7 of 8 quarters

Revenue came in below consensus by 1.1% on average over the last four reports.

Quality · Jul '26

Verizon's Dividend Is One of the Biggest in the S&P 500—But Is It Safe?

Verizon has raised its dividend for 20 straight years and yields nearly twice the S&P 500 average, yet $172 billion in debt and a fresh acquisition are now testing that streak in ways that adjusted earnings alone cannot explain.

24/7 Wall Street

Quarterly revenue

seasonality and run-rate

Quarterly revenue

last 12 quarters

Revenue ($B) Trailing 12M ($B)

Segments

FY25 revenue

Revenue mix

FY20 → FY25

Verizon Consumer Group77.3%$106.8B▲ +3.8%

Verizon Business Group21.0%$29.1B▼ -1.6%

Not broken out1.7%$2.3B▼ -1.6%

Share of the latest fiscal year, largest first. The line is the segment across every fiscal year we have: hover it to read one. “Not broken out” is the remainder, pinned last whatever its size: the named segments reach 98% of reported revenue, and the rest was filed without a segment label at all.

Revenue by region

FY25

No filing with a machine-readable geographic breakdown for VZ yet.

Balance sheet by fiscal year
$ billions	FY25	FY24	FY23	FY22	FY21
Cash & equivalents	19.0	4.2	2.1	2.6	2.9
Short-term investments	0.0	0.0	0.0	0.0	0.0
Receivables	28.3	26.1	25.1	24.5	23.8
Inventory	2.4	2.2	2.1	2.4	3.1
Total current assets	56.9	40.5	36.8	37.9	36.7
Property, plant & equipment	133.0	133.0	133.0	133.6	127.6
Long-term investments	0.8	0.8	1.0	1.1	1.1
Other non-current assets	213.6	210.4	209.5	207.2	201.2
Total assets	404.3	384.7	380.3	379.7	366.6
Accounts payable	25.0	10.4	10.0	8.8	8.0
Short-term debt	23.2	22.6	13.0	10.0	7.4
Total current liabilities	62.4	64.8	53.2	50.2	47.2
Long-term debt	158.5	121.4	137.7	140.7	143.4
Total liabilities	298.5	284.1	286.5	287.2	283.4
Shareholders’ equity	104.5	99.2	92.4	91.1	81.8

Fiscal year · latest five reported years

Cash flow

Cash flow statement by fiscal year
$ billions	FY25	FY24	FY23	FY22	FY21
Operating cash flow	37.1	36.9	37.5	37.1	39.5
Capital expenditure	−17.0	−18.0	−18.8	−26.7	−20.3
Free cash flow	20.1	18.9	18.7	10.4	19.3
Investing cash flow	−16.7	−18.7	−23.4	−28.7	−67.2
Dividends paid	−11.5	−11.2	−11.0	−10.8	−10.4
Share buybacks	0.0	0.0	0.0	0.0	0.0
Net debt issued / (repaid)	7.8	−4.8	−2.2	4.3	22.6
Financing cash flow	−5.6	−17.1	−14.7	−8.5	8.3
Net change in cash	14.5	1.1	−0.6	−0.1	−19.3

Fiscal year · outflows shown negative

Consensus · 61 analystsscore +0.34

Hold38% buy

Strong buy1

Buy22

Hold35

Sell3

Strong sell0

ConsensusAnalyst range

Solid = reported · dashed = forward consensus · shaded = analyst low–high ($B)

Fair value

interactive DCF

Your fair value▲ +26.3% vs price

Fair value

63.87

Verdict

Undervalued

Current

50.59

FMP model 107.36as of 2026-09-04

Your assumptions

FCF growth2%

Discount rate7%

Terminal growth2.5%

Horizon5y

Base FCF $20.1BNet debt $181.5B

Projected FCF · faded grown · solid discounted

Sensitivity · fair valuegrowth 2% · 5y

r ╲ g∞

1.5%

2.5%

3.5%

5.5%

117

146

189

115

143

6.5%

112

7.5%

Rows: discount rate (r) · Columns: terminal growth (g∞) · cell = fair value, shaded by up/downside vs 51.

Price

Filing data points

What the filings say

Negative: Net debt · 4.4× operating cash flow

Negative: Current ratio · 0.91

Negative: Operating margin narrowing · −2.7 pp

Caution: Revenue growing 0.8%/yr

Positive: Self-funding

News

The Big 3: VZ, NEM, SPCX

Verizon Shares Rise 23.3% YTD: How Should You Play the Stock?

Performance

Seasonality

Monthly seasonality

Revenue

Revenue & growth

Key financials

Latest year and trend

Profitability

Revenue & margin

Profit breakdown

Valuation · vs growth

Earnings

Sales

Peers

Earnings

Analyst estimates

Insider activity

Net flow

Recent transactions

Positive: Operating profit · 21.2% margin

Positive: Cash conversion · 98% of earnings

Positive: Beat EPS in 7 of 8 quarters

Verizon's Dividend Is One of the Biggest in the S&P 500—But Is It Safe?

No ETFs Required: How a 64-Year-Old Built a $5,700 Monthly Paycheck From Five Dividend Stocks

Why Verizon Communications (VZ) is a Top Value Stock for the Long-Term

Benjamin Edwards Inc. Sells 116,480 Shares of Verizon Communications Inc. $VZ

Quarterly revenue

Quarterly revenue

Segments

Revenue mix

Revenue by region

Balance sheet

Cash flow

Fair value