Verizon Communications (BUE:VZ) Market Cap : ARS181,231,095 Mil (As of Dec. 16, 2024)

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What is Verizon Communications Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Verizon Communications's share price for the quarter that ended in Sep. 2024 was ARS13975. Verizon Communications's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 2,105 Mil. Therefore, Verizon Communications's market cap for the quarter that ended in Sep. 2024 was ARS29,414,720 Mil.

Verizon Communications's quarterly market cap increased from Mar. 2024 (ARS23,722,337 Mil) to Jun. 2024 (ARS29,407,707 Mil) and increased from Jun. 2024 (ARS29,407,707 Mil) to Sep. 2024 (ARS29,414,720 Mil).

Verizon Communications's annual market cap increased from Dec. 2021 (ARS11,115,774 Mil) to Dec. 2022 (ARS14,190,277 Mil) and increased from Dec. 2022 (ARS14,190,277 Mil) to Dec. 2023 (ARS38,614,026 Mil).

Enterprise Value is 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 and cash equivalents. Verizon Communications's Enterprise Value for Today is ARS353,532,143 Mil.

Verizon Communications Market Cap Historical Data

The historical data trend for Verizon Communications's Market Cap 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 Market Cap Chart

Verizon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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4,734,479.95

8,710,742.60

11,115,774.40

14,190,276.98

38,614,025.97

Verizon Communications Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial															28,032,938.80	38,614,025.97	23,722,337.05	29,407,706.72	29,414,719.75

Competitive Comparison of Verizon Communications's Market Cap

For the Telecom Services subindustry, Verizon Communications's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Verizon Communications's Market Cap falls into.

Verizon Communications Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	ARS18369	*	2102.13
	=	ARS38,614,026

Verizon Communications's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )	=	Share Price (Q: Sep. 2024 )	*	Shares Outstanding (EOP) (Q: Sep. 2024 )
	=	ARS13975	*	2104.81
	=	ARS29,414,720

Verizon Communications (BUE:VZ) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Verizon Communications Market Cap Related Terms

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Verizon Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (BUE:VZ) » Definitions » Market Cap

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Address

1095 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.verizon.com

Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 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. Verizon agreed to acquire Frontier Communications in September 2024.