Verizon Communications Inc (VZ)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	81,350,000	52,242,000	55,686,000	55,117,000	55,918,000	86,787,000	88,372,000	90,608,000	91,666,000	92,880,000	92,715,000	93,179,000	92,325,000	87,398,000	85,080,000	81,770,000	79,353,000	92,586,000	94,138,000	95,599,000
Revenue (ttm)	US$ in thousands	134,788,000	134,237,000	134,243,000	134,043,000	133,974,000	134,095,000	135,000,000	136,193,000	136,835,000	135,651,000	134,325,000	134,300,000	133,613,000	134,238,000	132,866,000	129,549,000	128,292,000	128,375,000	129,726,000	131,350,000
Gross profit margin		60.35%	38.92%	41.48%	41.12%	41.74%	64.72%	65.46%	66.53%	66.99%	68.47%	69.02%	69.38%	69.10%	65.11%	64.03%	63.12%	61.85%	72.12%	72.57%	72.78%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $81,350,000K ÷ $134,788,000K
= 60.35%

Verizon Communications Inc's gross profit margin has displayed fluctuations over the reported periods. From March 31, 2020, to June 30, 2021, the margin remained relatively stable in the range of 72.78% to 64.03%. However, a notable decrease was observed in the margin for the fiscal year ending December 31, 2021, reaching 69.10%. Subsequently, the margin experienced further declines, hitting a low of 38.92% on September 30, 2024, before recovering to 60.35% by December 31, 2024.

This trend suggests variability in Verizon's ability to generate profits from its core operations, with the company facing challenges in maintaining consistent gross margins. Further analysis into the factors contributing to these fluctuations, such as changes in revenue and cost structures, would provide deeper insights into the performance and efficiency of Verizon Communications Inc.