GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (NEOE:VZ) » Definitions » Tax Provision

Verizon Communications (NEOE:VZ) Tax Provision : C$-5,878 Mil (TTM As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Verizon Communications Tax Provision?

Verizon Communications's tax provision for the three months ended in Sep. 2024 was C$-1,207 Mil. Its tax provision for the trailing twelve months (TTM) ended in Sep. 2024 was C$-5,878 Mil.

Verizon Communications Tax Provision Historical Data

The historical data trend for Verizon Communications's Tax Provision 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 Tax Provision Chart

Verizon Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,878.27 -7,197.38 -8,706.56 -8,861.50 -6,563.11

Verizon Communications Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Provision Get a 7-Day Free Trial 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 -1,769.86 -1,014.25 -1,831.42 -1,825.51 -1,206.95

Verizon Communications Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5,878 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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (NEOE:VZ) » Definitions » Tax Provision
Comparable Companies
CMCSA T TMUS CHTR LBRDA FYBR LUMN USM LBTYA TIGO SHSE:600941 XTER:DTE NSE:BHARTIARTL TSE:9432 TSE:9984 HKSE:00728 TSE:9433 TSE:9434 SAU:7010 MEX:AMX B
Traded in Other Exchanges
VZ:USA VZ:Peru VZ:Mexico VZ_KZ:Kazakhstan 1VZ:Italy BACd:UK BACB:Germany BAC:Germany BAC:Germany BAC:Germany BAC:Germany VERZ34:Brazil VZ:Austria VZ:Argentina
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.