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

VZ's Net Income Growth by Quarter and Year

Verizon Communications Inc 's Net Income results by quarter and year




VZ Net Income (in millions $) FY 2021 FY 2020 FY 2019 FY 2018
IV Quarter December - 4,504.00 4,074.00 4,246.00
III Quarter September - 4,839.00 5,160.00 4,666.00
II Quarter June - 4,287.00 2,065.00 18,783.00
I Quarter March 5,378.00 5,337.00 5,062.00 3,736.00
FY   5,378.00 18,967.00 16,361.00 31,431.00



VZ Net Income first quarter 2021 Y/Y Growth Comment
Verizon Communications Inc reported Net Income growth of 0.77% year on year in the first quarter, to $ 5,378.00 millions, this is lower than Verizon Communications Inc 's recent average Net Income growth of 5.81%.

Looking into first quarter results within Communications Services industry 3 other companies have achieved higher Net Income growth. While Verizon Communications Inc ' s Net Income increase of 0.77% ranks overall at the positon no. 237 in the first quarter.




VZ Net Income ( Y/Y Growth %) 2021
2020 2019 2018
IV Quarter December - 10.55 % -4.05 % -5.18 %
III Quarter September - -6.22 % 10.59 % 31.33 %
II Quarter June - 107.6 % -89.01 % 308.33 %
I Quarter March 0.77 % 5.43 % 35.49 % -0.29 %
FY   - 15.93 % -47.95 % 91.91 %

Financial Statements
Verizon Communications Inc 's first quarter 2021 Net Income $ 5,378.00 millions VZ's Income Statement
Verizon Communications Inc 's first quarter 2020 Net Income $ 5,337.00 millions Quarterly VZ's Income Statement
New: More VZ's historic Net Income Growth >>


VZ Net Income (Quarter on Quarter Growth %)

2021
2020 2019 2018
IV Quarter December - -6.92 % -21.05 % -9 %
III Quarter September - 12.88 % 149.88 % -75.16 %
II Quarter June - -19.67 % -59.21 % 402.76 %
I Quarter March 19.4 % 31 % 19.22 % -16.57 %
FY (Year on Year)   - 15.93 % -47.95 % 91.91 %




Net Income first quarter 2021 Y/Y Growth Company Ranking
Within: No.
Communications Services Industry #4
Services Sector #29
Overall #237

Net Income Y/Y Growth Statistics
High Average Low
132.87 % 5.81 % -51.04 %
(Dec 31 2013)   (Dec 31 2018)
Net Income first quarter 2021 Y/Y Growth Company Ranking
Within: No.
Communications Services Industry #4
Services Sector #29
Overall #237
Net Income Y/Y Growth Statistics
High Average Low
132.87 % 5.81 % -51.04 %
(Dec 31 2013)   (Dec 31 2018)

Net Income by Quarter for the Fiscal Years 2018, 2019, 2020, 2021

Verizon Communications Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
402.76 % 21.76 % -81.24 %
(Dec 31 2017)  


VZ's I. Quarter Q/Q Net Income Comment
Verizon Communications Inc achieved in the I. Quarter 2021 below company average Net Income jump of 19.4% quarter on quarter, to $ 5,378.00 millions.

Within Communications Services industry Verizon Communications Inc achieved highest sequential Net Income growth. While Verizon Communications Inc 's Net Income growth quarter on quarter, overall rank is 0.


Net Income Q/Q Growth Company Ranking
Within: No.
Communications Services Industry #
Services Sector #
Overall #0
Net Income Q/Q Growth Company Ranking
Within: No.
Communications Services Industry #
Services Sector #
Overall #0
Net Income Q/Q Growth Statistics
High Average Low
402.76 % 21.76 % -81.24 %
(Dec 31 2017)  


VZ's I. Quarter Q/Q Net Income Comment
Verizon Communications Inc achieved in the I. Quarter 2021 below company average Net Income jump of 19.4% quarter on quarter, to $ 5,378.00 millions.

Within Communications Services industry Verizon Communications Inc achieved highest sequential Net Income growth. While Verizon Communications Inc 's Net Income growth quarter on quarter, overall rank is 0.


Verizon Communications Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Mar 31 2021)
12 Months Ending
(Sep 30 2020)
12 Months Ending
(Jun 30 2020)
12 Months Ending
(Mar 31 2020)
12 Months Ending
(Sep 30 2019)
Cumulative Net Income 12 Months Ending $ 19,008.00 $ 18,967.00 $ 18,537.00 $ 18,858.00 $ 16,636.00
Y / Y Net Income Growth (TTM) 14.26 % 15.93 % 12.12 % 17.58 % -49.21 %
Year on Year Net Income Growth Overall Ranking # 153 # 646 # 555 # 0 # 693
Seqeuential Net Income Change (TTM) 0.22 % 2.32 % -1.7 % 13.36 % 1.68 %
Seq. Net Income Growth (TTM) Overall Ranking # 237 # 1059 # 950 # 0 # 989




Cumulative Net Income growth Comment
With the quarterly Net Income reported in the Mar 31 2021 period, Verizon Communications Inc 's cumulative twelve months Net Income were $ 19,008 millions, company would post below average annual Net Income growth of 1.68% year on year, if the fiscal year would end at Mar 31 2021.
A slow-down in the Verizon Communications Inc 's Net Income growth from the 4504% growth in Sep 30 2020.

Among companies within the Services sector 17 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 153, from total ranking in previous quarter at 646.

Net Income TTM Q/Q Growth Statistics
High Average Low
132.87 %
5.81 %
-51.04 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Communications Services Industry # 4
Services Sector # 18
Overall # 153

Net Income TTM Y/Y Growth Statistics
High Average Low
163.29 %
19.79 %
-49.21 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 29
S&P 500 # 237
Cumulative Net Income growth Comment
With the quarterly Net Income reported in the Mar 31 2021 period, Verizon Communications Inc 's cumulative twelve months Net Income were $ 19,008 millions, company would post below average annual Net Income growth of -49.21% year on year, if the fiscal year would end at Mar 31 2021.
A slow-down in the Verizon Communications Inc 's Net Income growth from the 4504% growth in Sep 30 2020.

Among companies within the Services sector 17 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 153, from total ranking in previous quarter at 646.

Net Income TTM Q/Q Growth Statistics
High Average Low
132.87 %
5.81 %
-51.04 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Communications Services Industry # 4
Services Sector # 18
Overall # 153

Net Income TTM Y/Y Growth Statistics
High Average Low
163.29 %
19.79 %
-49.21 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 29
S&P 500 # 237




Other Net Income Growth
Communications Services Industry Net Income Growth Trends and Statistics
Services Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
VZ's Net Income Growth Ratio versus Communications Services Industry, Services Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for VZ's Competitors
Net Income Growth for Verizon Communications Inc 's Suppliers
Net Income Growth 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 Dividend Payout Ratio
VZ's Roa VZ's Inventory Turnover Ratio VZ's Growth Rates VZ's Dividend Comparisons



Companies with similar Net Income jump for the quarter ending Mar 31 2021 within Services SectorY/Y Change %Net Income for the quarter ending Mar 31 2021


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