Verizon Communications Inc., through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company's Wireless segment provides wireless voice and data services; Internet access on various notebook computers and tablets; multimedia, business-focused, and location-based services, as well as international travel services; and network access services to deliver various Internet of Things products and services. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices. As of December 31, 2017, it had 116.3 million retail connections. Its Wireline segment offers traditional circuit-based network products and services; networking solutions, comprising private Internet protocol (IP), Ethernet, and software-defined wide area network, as well as cyber security services; local exchange, regional, long distance, and toll-free calling services; voice messaging and conferencing services; and workforce productivity and customer contact center solutions, as well as residential fixed connectivity solutions, including Internet, TV, and voice services under the Fios brand name. This segment also provides premises equipment, as well as installation, maintenance, and site services; data, voice, local dial tone, and broadband services primarily to local, long distance, and wireless carriers; voice and networking products, Fios services, IP networking, voice solutions, security, and managed information technology services for small and medium businesses, state and local governments, and educational institutions; and security and managed network services. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
Current SymbolNYSE:VZ
Previous Symbol
CUSIP92343V10
Phone212-395-1000
Debt
Debt-to-Equity Ratio1.90
Current Ratio0.97
Quick Ratio0.93
Price-To-Earnings
Trailing P/E Ratio16.11
Forward P/E Ratio12.78
P/E Growth2.55
Sales & Book Value
Annual Sales$126.03 billion
Price / Sales1.96
Cash Flow$8.0795 per share
Price / Cash7.42
Book Value$13.59 per share
Price / Book4.41
Profitability
EPS (Most Recent Fiscal Year)$3.74
Net Income$30.10 billion
Net Margins24.71%
Return on Equity35.50%
Return on Assets6.98%
Miscellaneous
Employees155,400
Outstanding Shares4,127,960,000
Market Cap$242.15 billion
OptionableOptionable
