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Company Overview
VERIZON COMMUNICATIONS INC
Communication ServicesIntegrated Telecommunication ServicesVerizon Communications Inc. ( və-RY-zən) is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146.8 million subscribers as of ...
Verizon Communications Inc. ( və-RY-zən) is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146.8 million subscribers as of March 31, 2026. The company was founded as Bell Atlantic Corporation and renamed to Verizon on June 30, 2000 as a result of a merger with GTE.
Bell Atlantic was originally headquartered in Philadelphia and operated in the states of Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and West Virginia. In 1997, the company expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, it moved its head office to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic merged with GTE, which operated telecommunications companies across most of the rest of the country not already in Bell Atlantic's footprint.
Exchange: NYSE
Company Statistics
Profile
Market Cap$181.69B
EV$323.38B
Shares Out4.2B
Revenue$138.90B
Margins
Operating20.5%
Pre-Tax15.6%
Net11.6%
Returns (5Yr Avg)
ROA4.8%
ROCE8.8%
Valuation (TTM)
P/E11.2
EV/Sales2.3
Financial Health
Cash$1.75B
Net Debt$141.70B
Growth (CAGR)
Rev 3Yr0.3%
Rev 5Yr1.5%
Rev 10Yr0.5%
Dil EPS 3Yr-7.1%
Dil EPS 5Yr-1.1%
Dil EPS 10Yr-0.7%
FCF 5Yr-2.4%
Shares 5Yr0.4%
Dividends
Yield6.5%
Payout72.6%
DPS$2.81
DPS Growth 3Yr2.4%
DPS Growth 5Yr2.2%
DPS Growth 10Yr2.2%
Price History
No price history available
Financial Performance
Display:
Data reported in USD
Assets vs Liabilities
Data reported in USD
Free Cash Flow
Data reported in USD