Loading...
Docoh

Verizon Communications (VZ)

Verizon is one of the largest communication technology companies in the world. Verizon Communications Inc. was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers voice, data and video services and solutions on its award winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

Company profile

Ticker
VZ
Exchange
Website
CEO
Hans Vestberg
Employees
Incorporated
Location
Fiscal year end
Former names
BELL ATLANTIC CORP
SEC CIK
Subsidiaries
Verizon Delaware LLC • Verizon Maryland LLC • Verizon New England Inc. • Verizon New Jersey Inc. • Verizon New York Inc. • Verizon Pennsylvania LLC • Verizon Virginia LLC • Cellco Partnership • GTE Wireless LLC • Verizon Americas LLC ...
IRS number
232259884

VZ stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

28 Jul 22
25 Sep 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 3.33B 3.33B 3.33B 3.33B 3.33B 3.33B
Cash burn (monthly) (no burn) 229.33M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 658.54M n/a n/a n/a n/a
Cash remaining n/a 2.67B n/a n/a n/a n/a
Runway (months of cash) n/a 11.7 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
17 Sep 22 Sowmyanarayan Sampath Common Stock Payment of exercise Dispose F No No 41.25 12,260 505.73K 11,708
17 Sep 22 Sowmyanarayan Sampath Common Stock Option exercise Acquire M No No 0 23,968 0 23,968
17 Sep 22 Sowmyanarayan Sampath RSU Common Stock Option exercise Dispose M No No 0 23,968 0 0
15 Sep 22 Hans Erik Vestberg Phantom Stock (unitized) Common Stock Grant Acquire A Yes No 11.7 235.668 2.76K 94,146.804
15 Sep 22 Rima Qureshi Phantom Stock (unitized) Common Stock Grant Acquire A Yes No 11.7 97.62 1.14K 14,385.539
15 Sep 22 Kyle Malady Phantom Stock (unitized) Common Stock Grant Acquire A Yes No 11.7 117.341 1.37K 100,710.839
15 Sep 22 Samantha Hammock Phantom Stock (unitized) Common Stock Grant Acquire A Yes No 11.7 48.317 565.31 3,740.17
13F holders Current Prev Q Change
Total holders 2814 2868 -1.9%
Opened positions 134 183 -26.8%
Closed positions 188 182 +3.3%
Increased positions 1373 1541 -10.9%
Reduced positions 1098 932 +17.8%
13F shares Current Prev Q Change
Total value 132.05B 131.45B +0.5%
Total shares 2.6B 2.58B +0.8%
Total puts 22.22M 27.87M -20.3%
Total calls 31.23M 31.51M -0.9%
Total put/call ratio 0.7 0.9 -19.6%
Largest owners Shares Value Change
Vanguard 345.73M $17.55B +4.7%
BLK Blackrock 316.1M $16.04B +3.7%
STT State Street 163.73M $8.31B -2.5%
Geode Capital Management 77.79M $3.94B +3.4%
BAC Bank Of America 75.78M $3.85B +16.5%
Charles Schwab Investment Management 63.78M $3.24B +6.7%
MS Morgan Stanley 61.05M $3.1B +36.9%
JPM JPMorgan Chase & Co. 53.99M $2.74B +37.7%
NTRS Northern Trust 47.37M $2.4B -0.5%
FMR 46.13M $2.34B +15.1%
Largest transactions Shares Bought/sold Change
MS Morgan Stanley 61.05M +16.45M +36.9%
Vanguard 345.73M +15.51M +4.7%
Parametric Portfolio Associates 0 -15.5M EXIT
JPM JPMorgan Chase & Co. 53.99M +14.78M +37.7%
BEN Franklin Resources 16.64M -13.29M -44.4%
Capital Research Global Investors 26.4M +13.01M +97.1%
BLK Blackrock 316.1M +11.4M +3.7%
BAC Bank Of America 75.78M +10.76M +16.5%
Renaissance Technologies 64.1K -10.54M -99.4%
IVZ Invesco 30.3M +8.81M +41.0%

Financial report summary

?
Risks
  • Cyber attacks impacting our networks or systems could have an adverse effect on our business.
  • Natural disasters, extreme weather conditions or terrorist or other hostile acts could cause damage to our infrastructure and result in significant disruptions to our operations.
  • Public health crises, including the COVID-19 pandemic, could materially adversely affect our business, financial condition and results of operations.
  • We depend on key suppliers and vendors to provide equipment that we need to operate our business.
  • We face significant competition that may reduce our profits.
  • If we are not able to take advantage of developments in technology and address changing consumer demand on a timely basis, or if the deployment of our 5G network is delayed or hindered for any reason, we may experience a decline in the demand for our services, be unable to implement our business strategy and experience reduced profits.
  • Adverse conditions in the U.S. and international economies could impact our results of operations.
  • Changes in the regulatory framework under which we operate could adversely affect our business prospects or results of operations.
  • We are subject to a substantial amount of litigation, which could require us to pay significant damages or settlements.
  • Verizon has significant debt, which could increase further if Verizon incurs additional debt in the future and does not retire existing debt.
  • Adverse changes in the credit markets and other factors could increase our borrowing costs and the availability of financing.
  • Increases in costs for pension benefits and active and retiree healthcare benefits may reduce our profitability and increase our funding commitments.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: amended, America, bargaining, Brotherhood, competitor, divestiture, earlier, Electrical, elevated, expire, geographic, handset, match, outcome, overlay, Overview, pressure, ratification, reoccur, respond, shutdown, strong, tentative, unfavorable, union
Removed: competing, plant, property, redeem