Verizon Communications (BSP:VERZ34) Net Margin %

: -7.70% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Verizon Communications's Net Income for the three months ended in Dec. 2023 was R$-13,254 Mil. Verizon Communications's Revenue for the three months ended in Dec. 2023 was R$172,130 Mil. Therefore, Verizon Communications's net margin for the quarter that ended in Dec. 2023 was -7.70%.

The historical rank and industry rank for Verizon Communications's Net Margin % or its related term are showing as below:

BSP:VERZ34' s Net Margin % Range Over the Past 10 Years
Min: 7.57 Med: 13.73 Max: 23.88
Current: 8.67

BSP:VERZ34's Net Margin % is ranked better than
63.85% of 379 companies
in the Telecommunication Services industry
Industry Median: 4.13 vs BSP:VERZ34: 8.67

Verizon Communications Net Margin % Historical Data

The historical data trend for Verizon Communications's Net Margin % 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

Net Margin %

14.61

13.88

16.51

15.53

8.67

Verizon Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																18.66	14.92	14.26	14.28	-7.70

Competitive Comparison

For the Telecom Services subindustry, Verizon Communications's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

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

* The bar in red indicates where Verizon Communications's Net Margin % falls into.

Verizon Communications Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	56906.277	/	656445.805
	=	8.67 %

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

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-13253.959	/	172129.974
	=	-7.70 %

Verizon Communications (BSP:VERZ34) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Verizon Communications Net Margin % Related Terms

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Verizon Communications (BSP:VERZ34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (BSP:VERZ34) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

VZ:USA VZ:Peru VZ:Mexico VZ_KZ:Kazakhstan 1VZ:Italy BACd:UK 0Q1S:UK BAC:Germany VZ:Chile VZ:Canada VZ:Austria VZ:Argentina

Address

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

Website

https://www.verizon.com

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.

Verizon Communications (BSP:VERZ34) Headlines

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