Verizon Communications Inc (VZ)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 17,506,000 | 11,614,000 | 21,256,000 | 22,065,000 | 17,801,000 |
| Revenue | US$ in thousands | 134,788,000 | 133,974,000 | 136,835,000 | 133,613,000 | 128,292,000 |
| Net profit margin | 12.99% | 8.67% | 15.53% | 16.51% | 13.88% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $17,506,000K ÷ $134,788,000K
= 12.99%
Verizon Communications Inc's net profit margin has fluctuated over the past five years, with a noticeable increase from 13.88% as of December 31, 2020, to 16.51% as of December 31, 2021. The margin then decreased slightly to 15.53% by December 31, 2022. However, there was a significant decrease in the net profit margin to 8.67% by the end of December 31, 2023. The net profit margin recovered to 12.99% by December 31, 2024.
Overall, the trend in Verizon's net profit margin shows some volatility, with the company experiencing periods of both growth and decline in profitability over the past five years. It is important for investors and stakeholders to closely monitor these fluctuations to assess the company's financial performance and profitability levels.
Peer comparison
Dec 31, 2024