Verizon Communications (WBO:VZ) 3-Year Revenue Growth Rate

: 0.90% (As of Dec. 2023)

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Verizon Communications's Revenue per Share for the three months ended in Dec. 2023 was €7.64.

During the past 12 months, Verizon Communications's average Revenue per Share Growth Rate was -2.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 0.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was -1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Verizon Communications was 29.30% per year. The lowest was -14.50% per year. And the median was 2.20% per year.

Competitive Comparison

For the Telecom Services subindustry, Verizon Communications's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Verizon Communications's 3-Year Revenue Growth Rate falls into.

Verizon Communications 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Verizon Communications (WBO:VZ) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Verizon Communications 3-Year Revenue Growth Rate Related Terms

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Verizon Communications (WBO:VZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (WBO:VZ) » Definitions » 3-Year Revenue Growth Rate

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 VERZ34:Brazil 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.