Verizon Communications Inc. is a holding company, that provides broadband and other wireless and wireline communications services to consumer, business, and government and wholesale customers. It also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers. The company operates its business through two segments: Verizon Wireless and Wireline. The Verizon Wireless segment provides communications products and services including wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. The Wireline segment provides communications products and services including local exchange and long distance voice service, broadband video and data, IP network services, network access and other services to consumers, small businesses and carriers in the United States, as well as to businesses and government customers. Verizon Communications was founded in 1983 and is headquartered in New York, NY.
VZ Last Price: 50.22
Last Updated: November 24, 2013 2:05 AM EST
VZ Stock Message Board and Forum http://investorshangout.com/search?q=VZ&t...mp;yt0=Go!
Verizon Communications Inc. VZ Officers and Executives
Name Age Officer Since Title
Mr. Lowell C. McAdam 58 2000 Chairman, President & Chief Executive Officer
Mr. Francis J. Shammo 52 2010 Chief Financial Officer & Executive Vice President
Mr. Anthony J. Melone 52 2010 Chief Technology Officer & Executive VP
Mr. Roger Gurnani 52 2010 Chief Information Officer & Executive VP
Mr. Marc C. Reed 54 2004 Chief Administrative Officer & Executive VP
Verizon Communications, Inc.
140 West Street
New York, New York 10007
Phone
1 2123951000
Industry
Fixed Line Telecommunications
Sector
Telecommunications
Fiscal Year-end
12/2013
View SEC Filings Below
Revenue
$115.85B
Net Income
$875.00M
2012 Sales Growth
4.5%
Employees
183,400
Annual Report Below for VZ
Verizon Communications Inc. VZ Recent Headlines
MarketWatch News on VZ
Treasurys turn higher on dovish Fed outlook 3:46 p.m. Nov. 14, 2013 - Ben Eisen
U.S. corporate bond issuance surges past $1 tln 1:15 p.m. Nov. 14, 2013 - Ben Eisen
Vodafone swings to profit, plans to spend £7 bln 2:49 a.m. Nov. 12, 2013 - MarketWatch.com
Stocks end mostly down; Dow halts 2-day win streak 4:38 p.m. Nov. 5, 2013 - Victor Reklaitis
Softbank Jul-Sep group net profit rises 44% 3:00 a.m. Oct. 31, 2013 - MarketWatch.com
Dow notches all-time closing high ahead of the Fed 12:39 p.m. Oct. 30, 2013 - Michael Ashbaugh
Earnings season focus shifts to revenue, capex 9:52 a.m. Oct. 27, 2013 - Wallace Witkowski
Even phone companies want to drop the landline 6:45 a.m. Oct. 21, 2013 - MarketWatch
Vodafone execs get Verizon deal windfall: report 12:34 a.m. Oct. 21, 2013 - MarketWatch.com
Investing for the next 10 years 4:50 p.m. Oct. 18, 2013 - Vahan Janjigian
Stock futures edge up; earnings in focus 8:21 a.m. Oct. 18, 2013 - Sara Sjolin
Newscast: Dow just misses, GOOG soars in evening 4:36 p.m. Oct. 17, 2013 - MarketWatch
IBM, eBay tumble on results; SanDisk jumps 4:25 p.m. Oct. 17, 2013 - Benjamin Pimentel
U.S. stocks climb; S&P 500 hits record high 4:21 p.m. Oct. 17, 2013 - Kate Gibson
IBM slumps to two-year low on weak revenue 4:10 p.m. Oct. 17, 2013 - Saumya Vaishampayan
U.S. stocks mostly higher; record finish for S&P 4:01 p.m. Oct. 17, 2013 - Kate Gibson
Verizon profit rises 40% on wireless subscriptions 10:54 a.m. Oct. 17, 2013 - Ben Fox Rubin
Goldman's report, a currency play and more Washington derp 10:19 a.m. Oct. 17, 2013 - blogs.marketwatch.com
Verizon activates 3.9M iPhones; cites tight supply 9:40 a.m. Oct. 17, 2013 - Dan Gallagher
Goldman Sachs, Google, Verizon are stocks to watch 8:30 a.m. Oct. 17, 2013 - Sue Chang
Take a Wait-and-See Attitude on Intel's New CEO 2:37 a.m. Nov. 23, 2013 - Barrons.com
3 Telecom Stocks Topping Today’s Headlines 5:23 p.m. Nov. 22, 2013 - Wall St. Cheat Sheet
Sprint Gets Lowest Marks in Consumer Reports Survey 5:43 a.m. Nov. 22, 2013 - 247WallSt.com
3 Telecom Stocks Seeing Action: Vodafone’s Merger Buzz, Verizon and the NSA, Sprint Satisfaction Suffers 5:20 p.m. Nov. 21, 2013 - Wall St. Cheat Sheet
AT&T Won’t Get Vodafone’s “Beautiful Assets” 3:26 p.m. Nov. 21, 2013 - Wall St. Cheat Sheet
Cloud Computing Seen Cutting 2014 IT Industry Sales 1:03 p.m. Nov. 21, 2013 - Investors Business Daily
Sprint Service Ranking Falls, But Shares Rise 10:36 a.m. Nov. 21, 2013 - Investors Business Daily
Thursday Apple Rumors: Apple’s Next iPhone May Cost More 6:43 a.m. Nov. 21, 2013 - InvestorPlace.com
Buy Verizon For Dividends And Upcoming Catalysts 2:33 a.m. Nov. 21, 2013 - Seeking Alpha
Amazon.com Cloud Push Seen Creating 'Losers' In IT 4:21 p.m. Nov. 20, 2013 - Investors Business Daily
3 Telecom Stocks Seeing Action: T-Mobile Seeks Spectrum, Verizon’s Superstores, AT&T Faces a Request 3:47 p.m. Nov. 20, 2013 - Wall St. Cheat Sheet
AT&T Smart Locator for Children - Analyst Blog 2:40 p.m. Nov. 20, 2013 - Zacks.com
GE Lands $560M Contract in Riyadh and 2 Other Dow Movers to Watch 2:14 p.m. Nov. 20, 2013 - Wall St. Cheat Sheet
Insider Trading Alert - VZ, XOM, THC And SHOO Traded By Insiders 1:30 p.m. Nov. 20, 2013 - TheStreet.com
Verizon willing to sell spectrum, doesn't see enterprise improvement 11:06 a.m. Nov. 20, 2013 - Seeking Alpha
Smartphone Users Willing To Pay For More Speed 11:01 a.m. Nov. 20, 2013 - Investors Business Daily
Should Sprint And T-Mobile Join Forces? 10:36 a.m. Nov. 20, 2013 - Seeking Alpha
Why Carriers Oppose ‘Kill Switch’ for Stolen Smartphones 4:36 a.m. Nov. 20, 2013 - InvestorPlace.com
T-Mobile Wants to Buy Verizon’s Unused Spectrum 4:00 a.m. Nov. 20, 2013 - InvestorPlace.com
Sprint Offers Free Service to Students - Analyst Blog 7:13 p.m. Nov. 19, 2013 - Zacks.com
Press Releases on VZ
Verizon Wireless: Using the Stars to Find the Perfect Tech Gift 5:01 p.m. Nov. 22, 2013 - PR Newswire
Chef Johnny Hernandez Joins Verizon's Dia de tus Suenos to Help Make the Winner's Dream Come True and Kick Off the Verizon Thanksgiving Food Drive 11:55 a.m. Nov. 22, 2013 - PR Newswire
Verizon Wireless Expands 4G LTE Coverage in Highgate, Vermont 9:42 a.m. Nov. 22, 2013 - BusinessWire
Chef Johnny Hernandez Joins Verizon's Dia de tus Suenos to Help Make San Antonio Resident's Dream Come True and Kick Off the Verizon Thanksgiving Food Drive 5:47 p.m. Nov. 21, 2013 - PR Newswire
B-ROLL/PHOTOS AVAILABLE: Grand Opening of Verizon Destination Store at Mall of America® 11:22 a.m. Nov. 21, 2013 - PR Newswire
Verizon Wireless Enhances Voice and 4G LTE Coverage in Branford, Connecticut 9:50 a.m. Nov. 21, 2013 - BusinessWire
Shareholders Ask Verizon and AT&T to Report on Government Requests for Customer Information 8:05 a.m. Nov. 21, 2013 - PR Newswire
Technology Sector Announced New Apps and Platforms - Research Report on Verizon, Stratasys, Universal Display, EFI, and Ruckus 8:00 a.m. Nov. 21, 2013 - PR Newswire
Grand Opening of Verizon Destination Store at Mall of America® 10:58 p.m. Nov. 20, 2013 - PR Newswire
Verizon Commits $50,000 Grant; Enlists Employees, Customers to Assist Illinois Tornado Victims 12:06 p.m. Nov. 20, 2013 - PR Newswire
Verizon Wireless Expands 4G LTE Coverage in Alburgh, Vermont 9:00 a.m. Nov. 20, 2013 - BusinessWire
Verizon Identifies Key Enterprise-Technology Trends for 2014 8:30 a.m. Nov. 20, 2013 - PR Newswire
VIDEO AVAILABLE: Verizon Destination Store Opens at Mall of America® 6:21 p.m. Nov. 19, 2013 - PR Newswire
Verizon Destination Store Opens at Mall of America® 2:45 p.m. Nov. 19, 2013 - PR Newswire
Verizon Wireless Enhances 4G LTE Coverage in and around Plainfield, Vermont 9:28 a.m. Nov. 19, 2013 - BusinessWire
Verizon Launches New Security Suite to Protect the Internet of Things 8:30 a.m. Nov. 19, 2013 - PR Newswire
Verizon CFO to Speak at Morgan Stanley Conference on Nov. 20 6:00 a.m. Nov. 19, 2013 - PR Newswire
More Gahanna, Ohio, Residents Can Experience 4G LTE with Verizon Wireless Expansion 3:07 p.m. Nov. 18, 2013 - PR Newswire
Verizon Introduces Isis Mobile Wallet Nationwide 2:40 p.m. Nov. 18, 2013 - PR Newswire
Well Insight Announced as the Grand Prize Winner for Verizon's Technology Innovation Award 10:00 a.m. Nov. 18, 2013 - PR Newswire
Valuation
P/E Current
162.00
P/E Ratio (with extraordinary items)
65.58
P/E Ratio (without extraordinary items)
139.58
Price to Sales Ratio
1.07
Price to Book Ratio
3.73
Price to Cash Flow Ratio
3.93
Enterprise Value to EBITDA
5.14
Enterprise Value to Sales
1.61
Total Debt to Enterprise Value
0.23
Efficiency
Revenue/Employee
0.63
Income Per Employee
0.00
Receivables Turnover
9.49
Total Asset Turnover
0.51
Liquidity
Current Ratio
0.79
Quick Ratio
0.75
Cash Ratio
0.13
Profitability
Gross Margin
45.88
Operating Margin
18.13
Pretax Margin
8.54
Net Margin
0.76
Return on Assets
0.38
Return on Equity
2.53
Return on Total Capital
0.99
Return on Invested Capital
1.05
Capital Structure
Total Debt to Total Equity
156.79
Total Debt to Total Capital
61.06
Total Debt to Total Assets
23.08
Long-Term Debt to Equity
143.61
Long-Term Debt to Total Capital
55.93
Verizon Communications Inc. VZ Financials
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011 2012 5-year trend
Sales/Revenue 97.35B 107.81B 106.57B 110.88B 115.85B
Cost of Goods Sold (COGS) incl. D&A 53.47B 58.84B 60.55B 62.37B 62.7B
COGS excluding D&A 38.9B 42.62B 44.15B 45.88B 46.24B
Depreciation & Amortization Expense 14.57B 16.22B 16.41B 16.5B 16.46B
Depreciation 13.18B 14.25B - 14.99B 14.92B
Amortization of Intangibles 1.38B 1.97B - 1.51B 1.54B
Gross Income 43.89B 48.97B 46.01B 48.5B 53.15B
2008 2009 2010 2011 2012 5-year trend
SG&A Expense 25.78B 29.49B - 29.67B 32.15B
Research & Development 0 0 - 0 0
Other SG&A 25.78B 29.49B - 29.67B 32.15B
Other Operating Expense 0 0 - 0 0
Unusual Expense 1.23B 5.45B - 5.95B 8.95B
EBIT after Unusual Expense (1.23B) (5.45B) - (5.95B) (8.95B)
Non Operating Income/Expense (80M) 15M - (82M) 27M
Non-Operating Interest Income 362M 75M - 68M 57M
Equity in Affiliates (Pretax) 567M 553M - 444M 324M
Interest Expense 1.82B 3.1B 2.52B 2.83B 2.57B
Gross Interest Expense 2.57B 4.03B 2.52B 3.27B 2.98B
Interest Capitalized 747M 927M - 442M 406M
Pretax Income 15.91B 11.57B 12.18B 10.48B 9.9B
Income Tax 3.33B 1.21B - 285M (660M)
Income Tax - Current Domestic 908M (247M) - 483M 337M
Income Tax - Current Foreign 240M 73M - 25M (45M)
Income Tax - Deferred Domestic 2.28B 1.43B - (179M) (956M)
Income Tax - Deferred Foreign (91M) (35M) - (38M) 10M
Income Tax Credits 6M 6M - 6M 6M
Equity in Affiliates 0 0 - 0 0
Other After Tax Income (Expense) 0 0 - 0 0
Consolidated Net Income 12.58B 10.36B 2.55B 10.2B 10.56B
Minority Interest Expense 6.16B 6.71B - 7.79B 9.68B
Net Income 6.43B 3.65B 2.55B 2.4B 875M
Extraordinaries & Discontinued Operations 0 0 - 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 - 0 0
Cumulative Effect - Accounting Chg 0 0 - 0 0
Discontinued Operations 0 0 - 0 0
Net Income After Extraordinaries 6.43B 3.65B 2.55B 2.4B 875M
Preferred Dividends 0 0 0 0 0
Net Income Available to Common 6.43B 3.65B - 2.4B 875M
EPS (Basic) 2.26 1.29 0.90 0.85 0.31
Basic Shares Outstanding 2.85B 2.84B 2.83B 2.83B 2.85B
EPS (Diluted) 2.26 1.29 0.90 0.85 0.31
Diluted Shares Outstanding 2.85B 2.84B 2.83B 2.84B 2.86B
EBITDA 32.68B 35.7B - 35.33B 37.47B
Verizon Communications Inc. VZ Filings
SEC Filings for Verizon Communications Inc.
Filing Date Document Date Type Category Amended
11/07/2013 11/07/2013 8-K Special Events
10/29/2013 09/30/2013 13F N/A
10/24/2013 09/30/2013 10-Q Quarterly Reports
10/17/2013 10/17/2013 8-K Special Events
10/03/2013 10/01/2013 8-K Special Events
09/16/2013 09/11/2013 8-K Special Events
09/05/2013 02/07/2013 8-K/A Special Events *
09/05/2013 12/06/2012 8-K/A Special Events *
09/03/2013 09/02/2013 8-K Special Events
07/30/2013 06/30/2013 13F N/A
07/25/2013 06/30/2013 10-Q Quarterly Reports
07/18/2013 07/18/2013 8-K Special Events
06/10/2013 06/06/2013 8-K Special Events
05/13/2013 05/09/2013 8-K Special Events
05/07/2013 05/02/2013 8-K Special Events
05/02/2013 03/31/2013 13F N/A
04/25/2013 03/31/2013 10-Q Quarterly Reports
04/18/2013 04/18/2013 8-K Special Events
04/02/2013 04/02/2013 8-K Special Events
03/18/2013 05/02/2013 DEF 14A Proxy Statement
SEC Filings provided by EDGAR Online, Inc.
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