Verizon Communications Inc. offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide.Verizon has teamed up with Amazon Web Services to create and deploy low latency applications to mobile devices using 5G and became the first telecom carrier in the world to offer such service. The company has launched a free consumer search engine dubbed OneSearch with enhanced privacy options to add a new dimension to the search ecosystem. It has also announced a pricing breakthrough in the cable industry with the launch of Mix & Match on its FiOS platform, enabling viewers to combine TV with Internet plans effectively without any hidden charges and annual contracts.
| Revenue (Most Recent Fiscal Year) | $133.97B |
| Net Income (Most Recent Fiscal Year) | $11.61B |
| PE Ratio (Current Year Earnings Estimate) | 8.65 |
| PE Ratio (Trailing 12 Months) | 8.52 |
| PEG Ratio (Long Term Growth Estimate) | 3.23 |
| Price to Sales Ratio (Trailing 12 Months) | 1.25 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 1.74 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 4.45 |
| Pre-Tax Margin (Trailing 12 Months) | 12.36% |
| Net Margin (Trailing 12 Months) | 8.44% |
| Return on Equity (Trailing 12 Months) | 20.41% |
| Return on Assets (Trailing 12 Months) | 5.15% |
| Current Ratio (Most Recent Fiscal Quarter) | 0.71 |
| Quick Ratio (Most Recent Fiscal Quarter) | 0.65 |
| Debt to Common Equity (Most Recent Fiscal Quarter) | 1.42 |
| Inventory Turnover (Trailing 12 Months) | 26.25 |
| Book Value per Share (Most Recent Fiscal Quarter) | $22.77 |
| Earnings per Share (Most Recent Fiscal Quarter) | $1.15 |
| Earnings per Share (Most Recent Fiscal Year) | $4.71 |
| Diluted Earnings per Share (Trailing 12 Months) | $2.68 |
| Exchange | NYSE |
| Sector | Communication Services |
| Industry | Telecom Services |
| Common Shares Outstanding | 4.20B |
| Free Float | 4.20B |
| Market Capitalization | $166.91B |
| Average Volume (Last 20 Days) | 18.99M |
| Beta (Past 60 Months) | 0.41 |
| Percentage Held By Insiders (Latest Annual Proxy Report) | 0.02% |
| Percentage Held By Institutions (Latest 13F Reports) | 62.06% |
| Annual Dividend (Based on Last Quarter) | $2.66 |
| Dividend Yield (Based on Last Quarter) | 6.70% |