Verizon Communications Inc (VZ)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 17,506,000 | 9,796,000 | 11,252,000 | 11,307,000 | 11,614,000 | 20,896,000 | 21,034,000 | 21,585,000 | 21,256,000 | 19,292,000 | 20,799,000 | 21,400,000 | 22,065,000 | 22,040,000 | 19,990,000 | 18,890,000 | 17,801,000 | 18,308,000 | 19,145,000 | 18,389,000 |
| 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 |
| Net profit margin | 12.99% | 7.30% | 8.38% | 8.44% | 8.67% | 15.58% | 15.58% | 15.85% | 15.53% | 14.22% | 15.48% | 15.93% | 16.51% | 16.42% | 15.05% | 14.58% | 13.88% | 14.26% | 14.76% | 14.00% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $17,506,000K ÷ $134,788,000K
= 12.99%
Verizon Communications Inc's net profit margin has shown some fluctuations over the periods provided in the data. The net profit margin indicates the percentage of revenue that remains as profit after all expenses have been deducted.
From March 31, 2020, to December 31, 2021, the net profit margin generally ranged between 13.88% and 16.51%, showing consistent profitability. This indicates that Verizon was effectively managing its expenses and generating healthy profits during this period.
However, from March 31, 2022, to December 31, 2024, the net profit margin started to decline, falling to as low as 7.30% on September 30, 2024, and then recovering to 12.99% on December 31, 2024. This decline may raise concerns about the company's operational efficiency and profitability.
Further analysis would be needed to understand the factors contributing to the decrease in the net profit margin during these later periods and to assess the company's overall financial performance and sustainability.
Peer comparison
Dec 31, 2024
See also:
Verizon Communications Inc Net Profit Margin (Quarterly Data)