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VZ · NYSE · United States · Telephone Communications (No Radiotelephone)
In shortVERIZON COMMUNICATIONS INC is profitable, generates cash and carries moderate debt, with revenue growing (+2.5% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 21.2% | 87/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 12.4% | 70/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 16.6% | 83/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.6% | 57/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.91× | 9/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.50× | 28/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.92× | 31/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.37× | 27/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.53 | 11/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 26.9% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.16× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 2.4% | 100/100 |
| Operating margin volatility | 2.6% | 85/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 0.3% | 18/100 |
|---|---|---|
| EPS growth, 3-year average | -7.1% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 133,613 | 136,835 | 133,974 | 134,788 | 138,191 |
| Selling, general & admin | 28,658 | 30,136 | 32,745 | 34,113 | 33,818 |
| Operating income | 32,448 | 30,467 | 22,877 | 28,686 | 29,259 |
| Interest expense | 3,485 | 3,613 | 5,524 | 6,649 | 6,694 |
| Pre-tax income | 29,420 | 28,271 | 16,987 | 22,979 | 22,672 |
| Income tax | 6,802 | 6,523 | 4,892 | 5,030 | 5,064 |
| Net income | 22,065 | 21,256 | 11,614 | 17,506 | 17,174 |
| Diluted EPS | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 |
| Diluted shares (millions) | 4,150 | 4,204 | 4,215 | 4,223 | 4,231 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.53 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 31, 2026