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Verizon Communications Inc. (VZ)

NYSE - NYSE Delayed Price. Currency in USD
39.93+0.44 (+1.11%)
At close: 04:00PM EDT
39.95 +0.02 (+0.05%)
Pre-Market: 05:00AM EDT
  • Dividend

    VZ announced a cash dividend of 0.665 with an ex-date of Apr. 9, 2024

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Annual
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Income Statement

All numbers in thousands
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Breakdown
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12/31/2023
12/31/2022
12/31/2021
12/31/2020
Total Revenue
133,974,000
133,974,000
136,835,000
133,613,000
128,292,000
Cost of Revenue
54,887,000
54,887,000
59,133,000
56,301,000
51,201,000
Gross Profit
79,087,000
79,087,000
77,702,000
77,312,000
77,091,000
Operating Expense
50,369,000
50,369,000
47,235,000
44,864,000
48,293,000
Operating Income
28,718,000
28,718,000
30,467,000
32,448,000
28,798,000
Net Non Operating Interest Income Expense
-5,170,000
-5,170,000
-3,467,000
-3,437,000
-4,182,000
Other Income Expense
-6,561,000
-6,561,000
1,271,000
409,000
-649,000
Pretax Income
16,987,000
16,987,000
28,271,000
29,420,000
23,967,000
Tax Provision
4,892,000
4,892,000
6,523,000
6,802,000
5,619,000
Net Income Common Stockholders
11,614,000
11,614,000
21,256,000
22,065,000
17,801,000
Diluted NI Available to Com Stockholders
11,614,000
11,614,000
21,256,000
22,065,000
17,801,000
Basic EPS
4.97
2.76
5.06
5.32
4.30
Diluted EPS
4.97
2.75
5.06
5.32
4.30
Basic Average Shares
4,208,000
4,211,000
4,202,000
4,148,000
4,140,000
Diluted Average Shares
4,212,250
4,215,000
4,204,000
4,150,000
4,142,000
Total Operating Income as Reported
22,877,000
22,877,000
30,467,000
32,448,000
28,798,000
Total Expenses
105,256,000
105,256,000
106,368,000
101,165,000
99,494,000
Net Income from Continuing & Discontinued Operation
11,614,000
11,614,000
21,256,000
22,065,000
17,801,000
Normalized Income
15,553,496
15,553,496
22,084,213
24,787,309
17,899,814
Interest Income
354,000
354,000
146,000
48,000
65,000
Interest Expense
5,524,000
5,524,000
3,613,000
3,485,000
4,247,000
Net Interest Income
-5,170,000
-5,170,000
-3,467,000
-3,437,000
-4,182,000
EBIT
22,511,000
22,511,000
31,884,000
32,905,000
28,214,000
EBITDA
40,135,000
40,135,000
48,983,000
49,111,000
44,934,000
Reconciled Cost of Revenue
54,887,000
54,887,000
59,133,000
56,301,000
51,201,000
Reconciled Depreciation
17,624,000
17,624,000
17,099,000
16,206,000
16,720,000
Net Income from Continuing Operation Net Minority Interest
11,614,000
11,614,000
21,256,000
22,065,000
17,801,000
Total Unusual Items Excluding Goodwill
-5,533,000
-5,533,000
-1,077,000
-3,541,000
-129,000
Total Unusual Items
-5,533,000
-5,533,000
-1,077,000
-3,541,000
-129,000
Normalized EBITDA
45,668,000
45,668,000
50,060,000
52,652,000
45,063,000
Tax Rate for Calcs
0
0
0
0
0
Tax Effect of Unusual Items
-1,593,504
-1,593,504
-248,787
-818,691
-30,186