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Verizon Communications Inc   (VZ)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services


Verizon Communications Inc 's Net Profit Margin by quarter

Trends, Rankings, Statistics



VZ Net Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -0.34 % -2.64 % -3.53 % -1.91 % 7.1 %
Seq. Revenue Change 5.38 % 2.27 % -0.96 % -6.64 % 2.95 %
Revenue In Millions $35,130.00 $33,336.00 $32,596.00 $32,912.00 $35,251.00
Net Profit Margin -7.32 % 14.65 % 14.62 % 15.25 % 19 %
Net Profit Margin Total Ranking # # 1009 # 1050 # 1008 # 1118
Net Income In Millions $-2,573.00 $4,884.00 $4,766.00 $5,018.00 $6,698.00
Y / Y Net Income Change - -2.79 % -10.33 % 6.52 % 2.2 %
Seq. Net Income Change - 2.48 % -5.02 % -25.08 % 33.32 %


Commenting fourth Quarter 2023 Net Profit Margin
Verizon Communications Inc recorded Net Loss compare to Net Income achieved in previous quarter.

Observing fourth quarter 2023 results within Communications Services industry Verizon Communications Inc has achieved highest Net Profit Margin. While Net Profit Margin total ranking has impoved so far to , from total ranking in previous quarter at 1009.
Net Margin Formula
VZ's Net Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Communications Services Industry #
Services Sector #
Overall # 0

Net Profit Margin Statistics
High Average Low
55.32 % 12.57 % 2.72 %
(Dec 31 2017)   (Jun 30 2016)




Other Net Profit Margin Profitability Ratios
VZ's Cumulative Net Profit Margin
Communications Services Industry Net Profit Margin Trends and Statistics
Services Sector Net Profit Margin Statistics
Net Profit Margin Profitability Trends for overall market
VZ's Net Profit Margin Profitability versus Communications Services Industry, Services Sector and total Market
Highest Ranking Net Profit Margin
Lowest Ranking Net Profit Margin
Net Profit Margin Profit Margin for VZ's Competitors
Net Profit Margin Profit Margin for Verizon Communications Inc 's Suppliers
Net Profit Margin Profit Margin for VZ's Customers

You may also want to know
VZ's Annual Growth Rates VZ's Profitability Ratios VZ's Asset Turnover Ratio VZ's Dividend Growth
VZ's Roe VZ's Valuation Ratios VZ's Financial Strength Ratios VZ's Net Income Growth
VZ's Roa VZ's Inventory Turnover Ratio VZ's Growth Rates VZ's Dividend Comparisons


Companies with similar Net Profit Margin in the quarter ending Dec 31 2023, within Communications Services Industry Net Profit MarginDec 31 2023 MRQ Net IncomeDec 31 2023 MRQ Revenue




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