Verizon Communications Inc (VZ)
Return on equity (ROE)
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 |
Total stockholders’ equity | US$ in thousands | 98,499,000 | 95,616,000 | 95,595,000 | 93,913,000 | 91,774,000 | 97,113,000 | 94,649,000 | 92,486,000 | 90,351,000 | 86,726,000 | 85,362,000 | 83,265,000 | 81,252,000 | 76,554,000 | 73,276,000 | 70,950,000 | 67,507,000 | 64,773,000 | 62,460,000 | 60,061,000 |
ROE | 17.77% | 10.25% | 11.77% | 12.04% | 12.66% | 21.52% | 22.22% | 23.34% | 23.53% | 22.24% | 24.37% | 25.70% | 27.16% | 28.79% | 27.28% | 26.62% | 26.37% | 28.26% | 30.65% | 30.62% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $17,506,000K ÷ $98,499,000K
= 17.77%
Verizon Communications Inc's return on equity (ROE) has experienced fluctuations over the past few years, showing a general downward trend. The ROE was relatively stable at around 30% in the first half of 2020 before declining gradually to 22.24% by September 2022. This downward trend continued, with the ROE hitting a low of 10.25% by September 30, 2024.
However, there was a sudden uptick in the ROE to 17.77% by the end of December 2024. This could indicate a potential improvement in the company's profitability and efficiency in generating returns for its shareholders.
Overall, it is essential for stakeholders to monitor Verizon's ROE closely to assess the company's performance and effectiveness in utilizing shareholders' equity to generate profits. Further analysis of the company's financial statements and business operations may provide additional insights into the factors influencing the changes in ROE.
Peer comparison
Dec 31, 2024
See also:
Verizon Communications Inc Return on Equity (ROE) (Quarterly Data)