Verizon Communications Inc (VZ)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 28,686,000 | 22,877,000 | 30,467,000 | 32,448,000 | 28,798,000 |
| Revenue | US$ in thousands | 134,788,000 | 133,974,000 | 136,835,000 | 133,613,000 | 128,292,000 |
| Operating profit margin | 21.28% | 17.08% | 22.27% | 24.29% | 22.45% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $28,686,000K ÷ $134,788,000K
= 21.28%
Verizon Communications Inc's operating profit margin has shown some fluctuations over the past five years. In December 2020, the operating profit margin stood at 22.45%, which increased to 24.29% by December 2021. However, there was a slight decrease in the operating profit margin to 22.27% by December 2022. A more significant decline was observed by December 2023 when the operating profit margin dropped to 17.08%. The latest available data as of December 2024 shows a slight recovery in the operating profit margin to 21.28%.
These fluctuations in Verizon's operating profit margin may indicate changes in the company's operating efficiency, cost management, pricing strategies, or overall competitiveness in the market. Further analysis of the underlying factors contributing to these fluctuations is necessary to determine the root causes and potential implications for Verizon's financial performance and strategic direction.
Peer comparison
Dec 31, 2024