Verizon Communications Inc.

Verizon Communications Inc.

VZยทNYSE

$46.65

-2.5%
Communication ServicesTelecommunications Services

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$194.79B
EPS4.0600
P/E Ratio11.49
Earnings Date07/21/2026
3Y-
5Y-11.0%
10Y+71.0%
3Y-42.0%
5Y-29.0%
10Y+52.0%
3Y-34.0%
5Y-524.0%
10Y-58.0%
VZ

Verizon Communications Inc. Cash Conversion Engine

VZ ยท NYSE
Net Income17.17B
Depreciation & Amortization18.35B
Stock-Based Compensation0.00
Change in Working Capital-2.32B
Others1.59B
Capital Expenditures-17.01B
Free Cash Flow20.13B

Cash Flow Quality Analysis

FCF Conversion Rate

117.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

45.8%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+6.4%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$2.32B

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

Verizon Communications Inc. Cash Flow Statement

VZ โ€ข NYSE

Verizon Communications Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
17.2B
17.9B
12.1B
21.7B
22.6B
18.3B
19.8B
16B
30.6B
13.6B
17.9B
12B
23.5B
10.6B
10.2B
10.2B
11.6B
4B
10.7B
6.2B
18.3B
17.9B
17.6B
17.1B
16.2B
16.7B
16.7B
17.4B
17B
15.9B
16B
16.5B
16.6B
16.5B
16.5B
16.4B
16.5B
14.6B
14.4B
14.5B
2.3B
815M
2.4B
3B
4.3B
1.6B
1.2B
389M
-14.5B
-1.1B
0.0
-92M
5.8B
-952M
-223M
3.2B
2.1B
-3.5B
408M
-252M
0.0
0.0
0.0
609M
0.0
0.0
0.0
0.0
384M
400M
300M
300M
400M
700M
0.0
0.0
0.0
0.0
0.0
0.0
1.6B
2.5B
5.6B
-4.8B
-2.7B
5.1B
4.8B
1.7B
-2.7B
-3.3B
4.9B
-3.1B
-3B
-3.4B
-2.9B
-1.9B
-986M
-2B
59M
1.9B
(0.0)
(5.6B)
(2.3B)
(2.7B)
(0.0)
(0.0)
(0.0)
(0.0)
(4.4B)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2.3B
-2.3B
-267M
-456M
-890M
56M
-6.7B
-1.2B
-5.9B
-6.8B
-102M
-2.2B
-5M
-403M
-2.3B
202M
-2.5B
-3B
-2.9B
-1.6B
37.1B
36.9B
37.5B
37.1B
39.5B
41.8B
35.7B
34.3B
24.3B
21.7B
39B
30.6B
38.8B
31.5B
29.8B
33.4B
31.4B
27.5B
26.8B
24.1B
INVESTING ACTIVITIES
-17.5B
-18B
-24.6B
-26.7B
-20.3B
-20.3B
-18.8B
-18.1B
-17.8B
-17.6B
-17.8B
-17.5B
-17.2B
-20.1B
-16.2B
-16.5B
-17B
-17.2B
-17.5B
-17.1B
(0.0)
(0.0)
-30M
(281M)
(57M)
-520M
-1M
-230M
-2.3B
(6.1B)
-3.5B
-62M
-494M
-913M
-2B
-1.4B
-6B
-15.9B
(17.5B)
(17.1B)
(0.0)
(0.0)
(0.0)
-2.3B
-21M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(16.2B)
-3M
(17B)
(0.0)
-763M
-1.4B
0.0
0.0
0.0
0.0
21M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
35M
16.5B
84M
0.0
169M
290M
801M
-684M
1.2B
62M
-46.9B
-2.7B
1.3B
383M
1.6B
493M
-8.7B
1.8B
2.8B
521M
-15.3B
-13.6B
-17.5B
1.6B
-15.5B
-14.5B
-16.7B
-18.7B
-23.4B
-28.7B
-67.2B
-23.5B
-17.6B
-17.9B
-18.5B
-11B
-30B
-15.9B
-14.8B
-20.5B
-17.3B
-15.1B
-23.3B
-31.6B
-16.1B
-15.6B
FINANCING ACTIVITIES
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3M
-5.1B
34M
-68M
315M
241M
0.0
0.0
-1.4B
-1.6B
-1.5B
7.8B
-4.8B
-2.2B
4.3B
22.6B
14.3B
-5.2B
-3.8B
7.8B
-1.2B
-2.7B
12.8B
40.9B
-3.4B
1.2B
-9.2B
-8.9B
19.8B
-5.4B
694M
-11.5B
-11.2B
-11B
-10.8B
-10.4B
-10.2B
-10B
-9.8B
-9.5B
-9.3B
-8.5B
-7.8B
-5.9B
-5.2B
-5.6B
-5.4B
-5.3B
-5B
-4.8B
-4.7B
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-5.1B
(0.0)
-153M
(0.0)
(0.0)
(0.0)
(0.0)
-1.4B
-2.8B
-1.7B
-1.9B
-1.1B
-1.5B
-2.1B
-3.8B
-2.7B
-2.9B
-1.8B
-4.4B
-2.9B
1.2B
-62.8B
-8.4B
-13B
-1.7B
995M
-1.9B
93M
-2M
-480M
-5.6B
-17.1B
-14.7B
-8.5B
8.3B
1.3B
-18.2B
-15.4B
-6.2B
-13.3B
-15.1B
-57.7B
26.5B
-21.3B
-5.8B
-13.7B
-16B
13.6B
-11.7B
-6B
CASH FLOW SUMMARY
-329M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14.5B
1.1B
-614M
-50M
-19.3B
19.6B
1M
1B
-289M
-1.6B
-6.1B
-42.9B
50.4B
-10.3B
6.7B
4.7B
-7.8B
8.6B
-2.1B
2.5B
4.5B
3.5B
4.1B
4.2B
23.5B
3.9B
3.9B
2.9B
3.2B
4.5B
10.6B
53.5B
3.1B
13.4B
6.7B
2B
9.8B
1.2B
3.2B
760M
19B
4.6B
3.5B
4.1B
4.2B
23.5B
3.9B
3.9B
2.9B
2.9B
4.5B
10.6B
53.5B
3.1B
13.4B
6.7B
2B
9.8B
1.2B
3.2B
20.1B
18.9B
18.7B
10.4B
19.3B
21.5B
16.9B
16.3B
6.5B
4.1B
21.3B
13.1B
21.6B
11.4B
13.5B
16.9B
14.3B
10.2B
9.3B
7B

SEC Filings

VZ - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
June 02, 2026
2026
8-K

8-K 2026

N/A

May 28, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 01, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 06, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

March 13, 2026
March 13, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
10-K

10-K 2025 FY

FY

February 17, 2026
December 31, 2025
2025
Showing 1 to 10 of 805 filings