Verizon Communications Financials Overview

VZ Stock

USD 47.08 0.70 1.51%

Verizon Communications' reported results frame the relationship between revenue growth, cost structure, and capital allocation. Verizon Communications reported 138.19 Billion in revenue and 17.17 Billion in net income, with a profit margin of 12.43%. On the balance sheet, cash sits at 19.05 Billion with debt at 200.59 Billion. Verizon Communications shows serviceable financial positioning across liquidity, leverage, and earnings quality. Return on assets remains in positive territory, consistent with the company's business model and scale.

Cash Flow Balance Sheet Income Statement

Macro event markers

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Interest Hikes

Balance Sheet Account Activities

Total Assets stood at 404.26 Billion as of December 31, 2025. As of the week of April 27, Short and Long Term Debt Total is approximately 210.6 B based on the most recent filings, while Other Current Liabilities is about 11.8 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Key Financial Indicators for Verizon Communications

Operating Margin

21.0%

Short Term Coverage Ratios

1.52

Short Long Term Debt Total

210.6 B

Other Current Liab

11.8 B

Price Earnings Ratio

9.52

For Verizon Communications, balance-sheet leverage, cash flow conversion, and margin trends together define its current financial health. How well Verizon Communications pays suppliers, services interest, and allocates excess cash reflects operational discipline. Latest disclosures for Verizon Communications show $0.51 in Cash Per Share, $2.74 in Free Cash Flow Per Share, and a Cash Ratio of 0.32.

Net Working Capital

-5.72 Billion

Earnings links to analyst estimate history and revisions, Ownership shows shareholder mix, Profitability focuses on margin and return ratios, Liquidity covers cash-flow strength and short-term funding capacity, and Fundamentals groups the broader financial ratio set.

Verizon Communications Stock Summary

Verizon Communications is commonly compared to ATT, Comcast Corp, T Mobile, Disney, and Charter Communications. Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. Verizon Communications operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 119500 people.

Foreign Associates	AR MX CA
Specialization	Communication Services, Telecommunication Services
Instrument	USA Stock View All
Exchange	New York Stock Exchange
ISIN	US92343V1044
Business Address	1095 Avenue of
Sector	Diversified Telecommunication Services
Industry	Communication Services
Benchmark	Dow Jones Industrial
Website	www.verizon.com
Phone	212 395 1000
Currency	USD - US Dollar

Revenue, margins, and capital structure at Verizon Communications are presented below from the most recent reporting periods. The breakdown separates capital structure from operating performance from cash generation - three distinct signals that often diverge. Sequential and year-over-year changes in these accounts track the direction of Verizon Communications financial trajectory.

Key Financial Ratios

Return on equity, debt-to-equity, and margin ratios from Verizon Communications's statements reveal whether the business is generating adequate returns on the capital it employs.

	Return On Equity	0.17
	Profit Margin	0.12
	Operating Margin	0.21
	Price To Sales	1.40 X
	Revenue	138.19 B

More Fundamentals

Financial Ratio Analysis

Return On Equity stood at 18.00% as of December 31, 2025. Related reported metric: Return On Asset at 3.42% as of December 31, 2025.

Core Fundamental Drivers

Verizon Communications' fundamental indicators are interdependent - margins, leverage, and asset efficiency reinforce the overall financial profile. Verizon Communications reports revenue of 138.19 B, a price-to-earnings ratio of 8.48, and an operating margin of 20.99% on a trailing twelve-month basis, compared to 16.0% in the last reported annual period.

	2023	2024	2025	2026 (projected)
Gross Profit	61.5B	62.8B	63.1B	40.8B
Total Revenue	134.0B	134.8B	138.2B	83.5B

Gross Profit Total Revenue

Key Balance Sheet Account Correlations

	Total Assets	Net Debt	Retained Earnings	Cash	Net Receivables	Inventory	Total Liab	Accounts Payable	Common Stock	Intangible Assets	Treasury Stock	Good Will	Capital Surplus	Accumulated Depreciation	Capital Stock
Total Assets		0.89	0.84	0.16	0.89	0.8	0.95	0.7	0.18	0.36	-0.05	0.62	-0.55	-0.82	-0.46
Net Debt	0.89		0.92	-0.17	0.91	0.81	0.95	0.7	0.54	0.35	-0.08	0.49	-0.8	-0.92	-0.44
Retained Earnings	0.84	0.92		-0.09	0.88	0.76	0.81	0.74	0.5	0.24	0.09	0.23	-0.59	-0.95	-0.5
Cash	0.16	-0.17	-0.09		-0.06	-0.1	0.04	0.18	-0.45	-0.3	0.17	0.08	0.34	0.15	-0.26
Net Receivables	0.89	0.91	0.88	-0.06		0.7	0.89	0.68	0.41	0.31	-0.27	0.56	-0.72	-0.87	-0.43
Inventory	0.8	0.81	0.76	-0.1	0.7		0.79	0.4	0.43	0.56	0.06	0.54	-0.53	-0.8	-0.07
Total Liab	0.95	0.95	0.81	0.04	0.89	0.79		0.65	0.36	0.4	-0.18	0.67	-0.76	-0.83	-0.4
Accounts Payable	0.7	0.7	0.74	0.18	0.68	0.4	0.65		0.27	-0.36	0.18	0.14	-0.39	-0.54	-0.91
Common Stock	0.18	0.54	0.5	-0.45	0.41	0.43	0.36	0.27		0.11	-0.12	0.01	-0.74	-0.54	0.0
Intangible Assets	0.36	0.35	0.24	-0.3	0.31	0.56	0.4	-0.36	0.11		-0.24	0.5	-0.34	-0.48	0.59
Treasury Stock	-0.05	-0.08	0.09	0.17	-0.27	0.06	-0.18	0.18	-0.12	-0.24		-0.52	0.45	0.01	-0.24
Good Will	0.62	0.49	0.23	0.08	0.56	0.54	0.67	0.14	0.01	0.5	-0.52		-0.5	-0.32	0.08
Capital Surplus	-0.55	-0.8	-0.59	0.34	-0.72	-0.53	-0.76	-0.39	-0.74	-0.34	0.45	-0.5		0.68	0.15
Accumulated Depreciation	-0.82	-0.92	-0.95	0.15	-0.87	-0.8	-0.83	-0.54	-0.54	-0.48	0.01	-0.32	0.68		0.28
Capital Stock	-0.46	-0.44	-0.5	-0.26	-0.43	-0.07	-0.4	-0.91	0.0	0.59	-0.24	0.08	0.15	0.28

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Strong positive correlations among Verizon Communications' balance sheet accounts mean those line items respond to the same business conditions - when one moves, the other follows. Negative correlations are equally informative: they expose accounts that offset each other, which matters for stress-testing scenarios where one leg of the business weakens. Relationships between total assets and total liabilities reveal how changes in leverage affect the overall financial position.

Balance Sheet Account Relationship Matchups

Financial Metrics, Fundamentals & Methodology

Verizon Communications's core fundamentals cover profitability, capital efficiency, and funding structure. Profitability indicators are currently positive. Overall market capitalization tier is large-cap. Verizon Communications financial statements report revenue of 138.19 B, positive EPS of 4.06, operating margin of 20.99%, current ratio of 0.75 as of the latest reporting period.

Verizon Communications metrics are compiled from periodic company reporting and market reference feeds and normalized before display. Professional analyst research is incorporated when coverage is available. Financial statement fields are presented under issuer-reported GAAP or IFRS accounting conventions.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board

Total Assets	Short Long Term Debt Total
Other Current Liab	Total Current Liabilities
Total Stockholder Equity	Property Plant And Equipment Net
Net Debt	Retained Earnings
Cash	Non Current Assets Total
Non Current Assets Other	Cash And Short Term Investments
Net Receivables	Common Stock Shares Outstanding
Liabilities And Stockholders Equity	Non Current Liabilities Total
Inventory	Other Current Assets
Other Stockholder Equity	Total Liab
Total Current Assets	Short Term Debt
Accounts Payable	Common Stock Total Equity
Property Plant And Equipment Gross	Accumulated Other Comprehensive Income
Common Stock	Short Term Investments
Intangible Assets	Other Liab
Other Assets	Long Term Debt
Treasury Stock	Property Plant Equipment
Current Deferred Revenue	Good Will
Total Permanent Equity	Noncontrolling Interest In Consolidated Entity
Retained Earnings Total Equity	Additional Paid In Capital
Deferred Long Term Liab	Preferred Stock Total Equity
Temporary Equity Redeemable Noncontrolling Interests	Net Tangible Assets
Long Term Debt Total	Capital Surplus
Long Term Investments	Non Current Liabilities Other
Accumulated Depreciation	Short Long Term Debt
Cash And Equivalents	Net Invested Capital
Net Working Capital	Capital Stock
Capital Lease Obligations

Verizon Communications Financials Overview

Balance Sheet Account Activities

Key Financial Indicators for Verizon Communications

Net Working Capital

Verizon Communications Stock Summary

Key Financial Ratios

Financial Ratio Analysis

Core Fundamental Drivers

Key Balance Sheet Account Correlations

Balance Sheet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Financial Metrics, Fundamentals & Methodology

Total Liab	+ 0.95	Total Assets
Total Liab	+ 0.95	Net Debt
Retained Earnings	+ 0.92	Net Debt
Net Receivables	+ 0.91	Net Debt
Net Debt	+ 0.89	Total Assets
Net Receivables	+ 0.89	Total Assets

Accumulated Depreciation	- 0.95	Retained Earnings
Accumulated Depreciation	- 0.92	Net Debt
Capital Stock	- 0.91	Accounts Payable
Accumulated Depreciation	- 0.87	Net Receivables
Accumulated Depreciation	- 0.83	Total Liab
Accumulated Depreciation	- 0.82	Total Assets