Verizon Communications Inc (VZ) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 21, 2020
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Verizon Communications Inc (VZ, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Verizon Communications Inc is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. It offers voice, data and video services and solutions to wireless and wireline networks. Verizon Communications Inc has a market cap of $239.42 billion; its shares were traded at around $57.89 with a P/E ratio of 12.45 and P/S ratio of 1.82. The dividend yield of Verizon Communications Inc stocks is 4.19%. Verizon Communications Inc had annual average EBITDA growth of 0.70% over the past five years.

For the last quarter Verizon Communications Inc reported a revenue of $34.8 billion, compared with the revenue of $34.3 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $131.9 billion, an increase of 0.8% from last year. For the complete 30-year financial data, please go here.. For the last five years Verizon Communications Inc had an average revenue growth rate of 0.5% a year.

The reported diluted earnings per share was $4.65 for the year, an increase of 23.7% from previous year. Over the last five years Verizon Communications Inc had an EPS growth rate of 11% a year. The Verizon Communications Inc enjoyed an operating margin of 23.18%, compared with the operating margin of 20.53% a year before. The 10-year historical median operating margin of Verizon Communications Inc is 21.85%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Verizon Communications Inc has the cash and cash equivalents of $2.6 billion, compared with $2.7 billion in the previous year. The long term debt was $119.1 billion, compared with $105.9 billion in the previous year. The interest coverage to the debt is 6.5. Verizon Communications Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $57.89, Verizon Communications Inc is traded at 34.6% premium to its historical median P/S valuation band of $43.00. The P/S ratio of the stock is 1.82, while the historical median P/S ratio is 1.35. The stock gained 8.55% during the past 12 months.

For the complete 20-year historical financial data of VZ, click here.