Verizon Communications Inc (VZ)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	19,265,000	16,109,000	15,839,000	16,015,000
Revenue (ttm)	US$ in thousands	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	131,868,000	131,374,000	131,087,000	131,219,000
Net profit margin		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%	14.61%	12.26%	12.08%	12.20%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $11,614,000K ÷ $133,974,000K
= 8.67%

Verizon Communications Inc's net profit margin has shown fluctuation over the past eight quarters. In Q4 2023, the net profit margin was at 8.67%, which was lower compared to the previous quarter at 15.58%. This decline could be indicative of changes in revenue or cost structures during the quarter.

In Q1 2023, the net profit margin increased to 15.85%, which was higher than the previous quarter's 15.58%. This improvement suggests efficient cost management and potentially higher revenue generation during that period.

Looking back to Q4 2022, the net profit margin was 15.53%, slightly lower than Q3 2022 at 14.22%. However, in Q2 and Q1 of 2022, the net profit margin was somewhat stable around 15.48% and 15.93% respectively.

Overall, while there have been fluctuations in Verizon Communications Inc's net profit margin over the past eight quarters, the company has generally maintained a healthy profit margin above 15%, indicating effective cost controls and revenue generation strategies. Further analysis of the company's financial performance and industry trends would provide a more comprehensive understanding of the factors influencing these fluctuations.