Verizon Communications Inc (VZ)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 22,536,000 | 14,128,000 | 16,001,000 | 16,070,000 | 16,506,000 | 27,145,000 | 27,471,000 | 28,218,000 | 27,779,000 | 25,109,000 | 26,940,000 | 27,874,000 | 28,867,000 | 28,970,000 | 26,447,000 | 24,820,000 | 23,420,000 | 20,887,000 | 21,963,000 | 21,095,000 |
| 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 |
| Pretax margin | 16.72% | 10.52% | 11.92% | 11.99% | 12.32% | 20.24% | 20.35% | 20.72% | 20.30% | 18.51% | 20.06% | 20.76% | 21.60% | 21.58% | 19.91% | 19.16% | 18.26% | 16.27% | 16.93% | 16.06% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $22,536,000K ÷ $134,788,000K
= 16.72%
Verizon Communications Inc's pretax margin has shown a fluctuating trend over the reported periods. The pretax margin increased steadily from March 31, 2020, to December 31, 2021, reaching a peak of 21.60% in the fourth quarter of 2021. However, in the following quarters, there was a slight decline in pretax margin, with the lowest recorded in December 31, 2023, at 12.32%.
During the first half of 2024, the pretax margin continued to decrease, hitting a low of 10.52% in September 30, 2024. However, there was an improvement in the pretax margin in the last quarter of 2024, reaching 16.72%.
Overall, the pretax margin has displayed volatility but generally trended upward from 2020 to 2021 before experiencing fluctuations in the subsequent quarters. It is important for investors and stakeholders to monitor these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024