N
TruthVerse News

How much did Verizon make last year?

Author

Jessica Hardy

Updated on March 10, 2026

How much did Verizon make last year?

Verizon's consolidated revenue worldwide 2010-2019, by quarter. In the fourth quarter of 2019, Verizon Communications' consolidated revenue was almost 34.78 billion U.S. dollars. Since 2013, Verizon's annual operating revenue has exceeded 120 billion U.S. dollars every year and is on pace for that mark in 2019 as well.

Considering this, how much did Verizon make in 2019?

Compare VZ With Other Stocks

Verizon Quarterly Gross Profit (Millions of US $)
2019-12-31$19,144
2019-09-30$19,510
2019-06-30$19,350
2019-03-31$19,138

Likewise, how much is Verizon worth 2019? Currently, Verizon Wireless has an estimated net worth of about $131 billion.

Herein, how much did Verizon make?

In the first quarter of 2021, Verizon Communications' consolidated revenue reached 32.87 billion U.S. dollars. Since 2013, Verizon's annual operating revenue has exceeded 120 billion U.S. dollars every year and achieved this mark in 2020, even despite the coronavirus (COVID-19) pandemic.

How much did Verizon make in 2018?

Full-year 2019 operating cash flow of $35.7 billion, an increase from $34.3 billion in 2018.

How did Verizon do in 2020?

Full-year 2020 consolidated operating revenues were $128.3 billion, down 2.7 percent year over year. Cash flow from operations totaled $41.8 billion in 2020, a 16.8 percent increase year over year.

What was Verizon's revenue in 2020?

Compare VZ With Other Stocks
Verizon Annual Revenue (Millions of US $)
2020$128,292
2019$131,868
2018$130,863
2017$126,034

Does Verizon pay dividends?

(VZ) will begin trading ex-dividend on July 08, 2021. A cash dividend payment of $0.627 per share is scheduled to be paid on August 02, 2021. Shareholders who purchased VZ prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that VZ has paid the same dividend.

How does Verizon make most of its money?

Verizon's Wireless segment includes wireless voice and data services and equipment sales. The company sells these products to consumers, businesses, and government customers under the Verizon Wireless brand. Verizon makes money from these product's sales.

How much debt does Verizon have?

What Is Verizon Communications's Debt? You can click the graphic below for the historical numbers, but it shows that as of March 2021 Verizon Communications had US$158.1b of debt, an increase on US$118.1b, over one year. However, it also had US$10.2b in cash, and so its net debt is US$147.9b.

Is Verizon going to grow?

This was reflected in the 2.2% growth in its wireless service revenue in 2020, which is the largest revenue segment for Verizon (contributing $16.7 billion to total revenue of $34.7 billion in Q4 2020). Wireless service revenue is expected to grow another 3% in 2021 led by higher-priced unlimited plans.

How much of the market does Verizon control?

And according to most sources, AT&T, Verizon and Centurylink control an estimated 80 to 90 percent of the market in their own territories, though it varies by location.

How many employees does Verizon have 2021?

Verizon Fundamentals
Return On Equity29.52 %
Number of EmployeesK
Beta0.46
Market Capitalization231.31 B
Total Asset244.64 B

How many customers Verizon has?

120 million subscribers

Why is Verizon called Verizon?

In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country that was not already in Bell Atlantic's footprint. Bell Atlantic, the surviving entity, changed its name to Verizon, a portmanteau of veritas (Latin for "truth") and horizon.

Is Verizon financially secure?

Perform high-speed trades with confidence. Efficiency and speed are key in financial trading. Our Verizon Financial Network trading technology gives you the secure, high-performance access you need to markets, applications and industry data centers.

Who is the CEO of Verizon?

Hans Vestberg (Aug 1, 2018–)

How many employees does Verizon have in the US?

In 2020, 132,200 people worked for Verizon Communications as employees. The vast majority (just under 130 thousand) of Verizon's employees are located in the United States.

Number of employees at Verizon from 2007 to 2020.

CharacteristicNumber of employees
2020132,200
2019135,000
2018144,500
2017155,400

Is Verizon a strong company?

Verizon (NYSE:VZ) is often considered an evergreen defensive stock. It owns the largest wireless network in America, it pays a high forward dividend yield of 4.4%, and the stock trades at just 11 times forward earnings. It's also raised its dividend annually for 14 straight years.

Who owns Verizon now?

Verizon Wireless, Inc.

What will Verizon stock be in 5 years?

Verizon Communications Inc quote is equal to 55.220 USD at 2021-08-07. Based on our forecasts, a long-term increase is expected, the "VZ" stock price prognosis for 2026-08-03 is 61.869 USD. With a 5-year investment, the revenue is expected to be around +12.04%. Your current $100 investment may be up to $112.04 in 2026.

Who bought out Verizon?

Verizon Communications Inc. has inked a $5 billion deal to sell its media group, which includes major online properties such as Yahoo Finance, to private equity firm Apollo Global Management. The sale was announced this morning.

Does Verizon own cell towers?

Verizon is independently operating approximately 2,000 cell towers and over 4,200 rooftop sites in 50 states, with 11,324 towers being managed by American Tower.

Does ATT own Verizon?

What is AT&T acquiring from Verizon Wireless? A. AT&T acquired select Alltel, Unicel, and Verizon Wireless properties, including licenses, network assets and approximately 1.6 million subscribers in 79 service areas across 18 states.

What is Samsung's net worth?

Samsung Electronics
Samsung Town in Seoul
RevenueUS$200.6 billion (2020)
Operating incomeUS$30.5 billion (2020)
Net incomeUS$22.4 billion (2020)
Total assetsUS$320.4 billion (2020)

Is Verizon merging with anyone?

AT&T recently completed an acquisition agreement with Verizon Wireless which included select Verizon Wireless, Unicel, and Alltel properties in your area. Your wireless service will transition to AT&T shortly after that.

Does Buffett own Verizon?

Legendary investor Warren Buffett, who is one of Apple's largest shareholders, made a multi-billion dollar bet on Verizon in the fourth quarter. According to a filing made public on Tuesday, Buffett's Berkshire Hathaway bought almost 147 million shares of Verizon (worth $8 billion at current prices).

How much is the owner of Verizon worth?

The estimated Net Worth of Hans Erik Vestberg is at least $26.3 Million dollars as of 8 March 2021. Mr. Vestberg owns over 30,842 units of Verizon Communications Inc stock worth over $8,195,982 and over the last 4 years he sold VZ stock worth over $0.

What was Google's revenue in 2018?

In the most recently reported fiscal year, Google's revenue amounted to 181.69 billion US dollars.

Annual revenue of Google from 2002 to 2020 (in billion U.S. dollars)

CharacteristicRevenue in billion U.S. dollars
2018136.36
2017110.55
201689.98
201574.54

How many subscribers does Verizon have 2019?

Largest U.S. wireless providers

The top four wireless telecommunications facilities-based service providers by subscriber count in the United States are: Verizon: 121.3 million (Q2 2021) T-Mobile US: 104.8 million (Q2 2021) AT&T Mobility: 97.8 million (Q2 2021)

Does Verizon have a good balance sheet?

Over the past few years, shareholders in Verizon have had to be patient, collecting a respectable dividend, as the company focused on restoring balance sheet health. During that time, Verizon has delivered strong operating results with improving free cash flow.

About VZ.

SymbolLast Price% Chg
VZ52.270.67%

Where is Verizon on the Fortune 500 list?

Verizon Communications (13) - FORTUNE.

How much money does T Mobile make a year?

In 2019, T-Mobile generated revenues of around 45 billion U.S. dollars. This figure increased significantly to 68.4 billion U.S. dollars in 2020, as the company's. The company's monthly average revenue per user (ARPU) is currently around 47.61 U.S. dollars per branded postpaid phone user.

How much money does AT&T make a year?

For full-year 2020 when compared with 2019 results, AT&T's consolidated revenues totaled $171.8 billion versus $181.2 billion. The COVID-19 pandemic impacted revenues across all businesses, particularly WarnerMedia and domestic wireless service revenues, which were pressured from lower international roaming.

What is Walmart's annual revenue?

In the fiscal year ended January 31, 2021, Walmart's revenue amounted to 559 billion U.S. dollars worldwide.

Revenue of Walmart worldwide from fiscal year 2012 to 2021 (in billion U.S. dollars)

Fiscal yearRevenue in billion U.S. dollars
2021559.15
2020523.96
2019514.41
2018500.34

What is IBM revenue?

73.6 billion USD (2020)