Verizon Communications
$45.92Change from previous close: −0.13%Absolute change: −$0.06
At a glance
- Revenue growth
- +2.52%
- 2025 vs 2024
- Net income growth
- −1.90%
- 2025 vs 2024
- Net margin
- 12.4%
- 2024: 13.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 37,137 | 36,912 | 37,475 | 37,141 | 39,539 | 41,768 | 35,746 | 34,339 | 24,318 | 21,689 |
| Depreciation and amortization | 18,349 | 17,892 | 17,624 | 17,099 | 16,206 | 16,720 | 16,682 | 17,403 | 16,954 | 15,928 |
| Capital expenditure | -17,011 | -17,090 | -18,767 | -23,087 | -20,286 | -18,192 | -17,939 | -16,658 | -17,247 | -17,059 |
| Investing cash flow | -16,660 | -18,674 | -23,432 | -28,662 | -67,153 | -23,512 | -17,581 | -17,934 | -18,456 | -9,874 |
| Financing cash flow | -5,613 | -17,100 | -14,657 | -8,529 | 8,277 | 1,325 | -18,164 | -15,377 | -6,151 | -13,376 |
| Dividends paid | -11,481 | -11,249 | -11,025 | -10,805 | -10,445 | -10,232 | -10,016 | -9,772 | -9,472 | -9,262 |
| Debt issued | 27,606 | 15,568 | 8,612 | 17,912 | 41,417 | 31,457 | 18,655 | 10,777 | 31,997 | 17,950 |
| Debt repaid | -19,789 | -20,344 | -10,624 | -13,564 | -18,863 | -17,197 | -23,886 | -14,558 | -24,237 | -19,159 |
| Net change in cash | 14,864 | 1,138 | -614 | -50.0 | -19,337 | 19,581 | 1.0 | 1,028 | -289 | -1,561 |
| Free cash flow | 20,126 | 19,822 | 18,708 | 14,054 | 19,253 | — | — | — | — | — |
| Levered free cash flow | 17,241 | 16,012 | 9,421 | 6,810 | -25,814 | 13,879 | 12,436 | 12,638 | 12,610 | 7,552 |