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Verizon Communications (Verizon Communications) Enterprise Value

: $335,736 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Verizon Communications's Enterprise Value is $335,736 Mil. Verizon Communications's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $22,511 Mil. Therefore, Verizon Communications's EV-to-EBIT ratio for today is 14.91.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Verizon Communications's Enterprise Value is $335,736 Mil. Verizon Communications's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $40,135 Mil. Therefore, Verizon Communications's EV-to-EBITDA ratio for today is 8.37.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Verizon Communications's Enterprise Value is $335,736 Mil. Verizon Communications's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $133,974 Mil. Therefore, Verizon Communications's EV-to-Revenue ratio for today is 2.51.


Verizon Communications Enterprise Value Historical Data

The historical data trend for Verizon Communications's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Verizon Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 385,928.96 372,921.14 394,536.69 340,519.48 332,746.60

Verizon Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 340,519.48 340,773.00 330,508.25 305,461.88 332,746.60

Competitive Comparison

For the Telecom Services subindustry, Verizon Communications's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Verizon Communications Enterprise Value Distribution

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Verizon Communications's Enterprise Value falls into.



Verizon Communications Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Verizon Communications's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Verizon Communications's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Verizon Communications  (NYSE:VZ) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Verizon Communications's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=335736.400/22511
=14.91

Verizon Communications's current Enterprise Value is $335,736 Mil.
Verizon Communications's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $22,511 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Verizon Communications's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=335736.400/40135
=8.37

Verizon Communications's current Enterprise Value is $335,736 Mil.
Verizon Communications's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $40,135 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Verizon Communications's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=335736.400/133974
=2.51

Verizon Communications's current Enterprise Value is $335,736 Mil.
Verizon Communications's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $133,974 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Verizon Communications Enterprise Value Related Terms

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Verizon Communications (Verizon Communications) Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.
Executives
Craig L. Silliman officer: EVP of PubPolicy & Gen Counsel 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Samantha Hammock officer: EVP & Chief HR Officer 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Joseph J. Russo officer: EVP&Pres-Global Networks&Tech VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Mary-lee Stillwell officer: SVP and Controller 804 CARNEGIE CENTER, PRINCETON NJ 08540
Kyle Malady officer: EVP & Chief Technology Officer 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Vittorio Colao director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Vandana Venkatesh officer: EVP and General Counsel VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Sowmyanarayan Sampath officer: EVP and Group CEO-VZ Business 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tami A. Erwin officer: EVP and Group CEO-VZ Business 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hans Erik Vestberg director, officer: Chairman and CEO 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Manon Brouillette officer: EVP and Group CEO-VZ Consumer 40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8
Carol B Tome director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kumara Guru Gowrappan officer: EVP and Group CEO-VZ Media 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Laxman Narasimhan director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Shellye L Archambeau director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036