Verizon
How they make money
Verizon provides wireless services and equipment to consumer and business customers across the United States, and sells network access to mobile virtual network operators on a wholesale basis. It provides residential and enterprise wireline broadband over a fibre-optic network and a traditional copper-based network, and fixed wireless access broadband over its wireless networks as an alternative to landline internet access. Wireless customers are served on a postpaid or prepaid basis, with postpaid service generally billed one month in advance for a monthly access charge, and consumer customers can acquire equipment using device payment plans. The company holds FCC spectrum licences and can add capacity by purchasing or leasing licences from others or bidding for new spectrum from the FCC.
As described in its 10-K for fiscal 2025.
At a glance
- Buybacks
- 7.4%crBuybacks as a share of free cash flowSEC EDGAR · CIK 00007327120001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26
NetCashProvidedByUsedInOperatingActivities0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsForRepurchaseOfCommonStock0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsToAcquireProductiveAssets0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27NetCashProvidedByUsedInOperatingActivities0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27PaymentsForRepurchaseOfCommonStock0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27PaymentsToAcquireProductiveAssets0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23NetCashProvidedByUsedInOperatingActivities0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23PaymentsForRepurchaseOfCommonStock0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23PaymentsToAcquireProductiveAssets0000732712-18-000009 · FY2016 · period ended 2016-12-31 · filed 2018-02-23PaymentsForRepurchaseOfCommonStock0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21NetCashProvidedByUsedInOperatingActivities0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquireProductiveAssets0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23NetCashProvidedByUsedInOperatingActivities0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23PaymentsForRepurchaseOfCommonStock0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23PaymentsToAcquireProductiveAssetsc: comparative figure from a later filing (PaymentsForRepurchaseOfCommonStock FY2016); SEC's structured data has no figure from the fiscal year's own 10-K.r: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivities FY2009; PaymentsToAcquireProductiveAssets FY2009; NetCashProvidedByUsedInOperatingActivities FY2015; NetCashProvidedByUsedInOperatingActivities FY2016; NetCashProvidedByUsedInOperatingActivities FY2017. As filed is shown. - Share of free cash flow, fiscal 2009, 2013, 2015–2017
- Details and every year
- Dividends
- 52.3%rDividends as a share of free cash flowSEC EDGAR · CIK 00007327120001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26
NetCashProvidedByUsedInOperatingActivities0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsOfDividends0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsToAcquireProductiveAssets0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28NetCashProvidedByUsedInOperatingActivities0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsOfDividends0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsToAcquireProductiveAssets0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24NetCashProvidedByUsedInOperatingActivities0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24PaymentsOfDividends0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24PaymentsToAcquireProductiveAssets0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26NetCashProvidedByUsedInOperatingActivities0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26PaymentsOfDividends0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26PaymentsToAcquireProductiveAssets0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27NetCashProvidedByUsedInOperatingActivities0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27PaymentsOfDividends0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27PaymentsToAcquireProductiveAssets0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23NetCashProvidedByUsedInOperatingActivities0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23PaymentsOfDividends0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23PaymentsToAcquireProductiveAssets0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23NetCashProvidedByUsedInOperatingActivities0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23PaymentsOfDividends0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23PaymentsToAcquireProductiveAssets0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21NetCashProvidedByUsedInOperatingActivities0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsOfDividends0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquireProductiveAssets0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23NetCashProvidedByUsedInOperatingActivities0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23PaymentsOfDividends0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23PaymentsToAcquireProductiveAssets0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15NetCashProvidedByUsedInOperatingActivities0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15PaymentsOfDividends0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15PaymentsToAcquireProductiveAssets0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21NetCashProvidedByUsedInOperatingActivities0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21PaymentsOfDividends0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21PaymentsToAcquireOtherProductiveAssets0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25NetCashProvidedByUsedInOperatingActivities0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25PaymentsOfDividends0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25PaymentsToAcquireOtherProductiveAssets0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11NetCashProvidedByUsedInOperatingActivities0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11PaymentsOfDividends0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11PaymentsToAcquireOtherProductiveAssets0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10NetCashProvidedByUsedInOperatingActivities0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10PaymentsOfDividends0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10PaymentsToAcquireOtherProductiveAssets0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09NetCashProvidedByUsedInOperatingActivities0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09PaymentsOfDividends0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09PaymentsToAcquireOtherProductiveAssets0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12NetCashProvidedByUsedInOperatingActivities0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12PaymentsOfDividends0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12PaymentsToAcquireOtherProductiveAssets0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17NetCashProvidedByUsedInOperatingActivities0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsOfDividends0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsToAcquireOtherProductiveAssetsr: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivities FY2009; PaymentsToAcquireProductiveAssets FY2009; NetCashProvidedByUsedInOperatingActivities FY2015; NetCashProvidedByUsedInOperatingActivities FY2016; NetCashProvidedByUsedInOperatingActivities FY2017. As filed is shown. - Share of free cash flow, fiscal 2009–2025
- Details and every year
- Acquisitions
- 11.0%rAcquisitions as a share of free cash flowSEC EDGAR · CIK 00007327120001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26
NetCashProvidedByUsedInOperatingActivities0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsToAcquireProductiveAssets0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26vz:AcquisitionsNetOfCashAcquiredAndInvestments0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24NetCashProvidedByUsedInOperatingActivities0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24PaymentsToAcquireOtherProductiveAssets0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24PaymentsToAcquireProductiveAssets0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26NetCashProvidedByUsedInOperatingActivities0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26PaymentsToAcquireOtherProductiveAssets0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26PaymentsToAcquireProductiveAssets0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27NetCashProvidedByUsedInOperatingActivities0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27PaymentsToAcquireOtherProductiveAssets0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27PaymentsToAcquireProductiveAssets0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23NetCashProvidedByUsedInOperatingActivities0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23PaymentsToAcquireOtherProductiveAssets0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23PaymentsToAcquireProductiveAssets0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23NetCashProvidedByUsedInOperatingActivities0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23PaymentsToAcquireBusinessesNetOfCashAcquired0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23PaymentsToAcquireProductiveAssets0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21NetCashProvidedByUsedInOperatingActivities0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquireBusinessesNetOfCashAcquired0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquireProductiveAssets0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23NetCashProvidedByUsedInOperatingActivities0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23PaymentsToAcquireProductiveAssets0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15NetCashProvidedByUsedInOperatingActivities0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15PaymentsToAcquireProductiveAssets0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21NetCashProvidedByUsedInOperatingActivities0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21PaymentsToAcquireOtherProductiveAssets0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25NetCashProvidedByUsedInOperatingActivities0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25PaymentsToAcquireOtherProductiveAssets0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11NetCashProvidedByUsedInOperatingActivities0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11PaymentsToAcquireOtherProductiveAssets0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09NetCashProvidedByUsedInOperatingActivities0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09PaymentsToAcquireOtherProductiveAssets0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12NetCashProvidedByUsedInOperatingActivities0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12PaymentsToAcquireOtherProductiveAssets0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17NetCashProvidedByUsedInOperatingActivities0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsToAcquireBusinessesNetOfCashAcquired0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsToAcquireOtherProductiveAssetsr: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivities FY2009; PaymentsToAcquireProductiveAssets FY2009; PaymentsToAcquireOtherProductiveAssets FY2011; NetCashProvidedByUsedInOperatingActivities FY2015; NetCashProvidedByUsedInOperatingActivities FY2016; NetCashProvidedByUsedInOperatingActivities FY2017; PaymentsToAcquireBusinessesNetOfCashAcquired FY2017. As filed is shown.Includes wireless license purchases and investments, which Verizon reports on the same line as business acquisitions.Includes investments, which Verizon reports on the same line as business acquisitions. - Share of free cash flow, fiscal 2009, 2011–2021, 2023–2025
- Details and every year
- Median ROIC
- 11.7%crMedian return on invested capitalSEC EDGAR · CIK 00007327120001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26
CashAndCashEquivalentsAtCarryingValue0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26DebtCurrent0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26LongTermDebtAndCapitalLeaseObligations0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28CashAndCashEquivalentsAtCarryingValue0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28DebtCurrent0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28IncomeTaxExpenseBenefit0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28LongTermDebtNoncurrent0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28OperatingIncomeLoss0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0001193125-12-077846 · FY2010 · period ended 2010-12-31 · filed 2012-02-24IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24CashAndCashEquivalentsAtCarryingValue0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24DebtCurrent0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24IncomeTaxExpenseBenefit0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24LongTermDebtNoncurrent0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24OperatingIncomeLoss0001193125-12-077846 · FY2011 · period ended 2011-12-31 · filed 2012-02-24StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26CashAndCashEquivalentsAtCarryingValue0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26DebtCurrent0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26LongTermDebtNoncurrent0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27CashAndCashEquivalentsAtCarryingValue0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27DebtCurrent0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27IncomeTaxExpenseBenefit0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27LongTermDebtNoncurrent0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27OperatingIncomeLoss0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23CashAndCashEquivalentsAtCarryingValue0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23DebtCurrent0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23IncomeTaxExpenseBenefit0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23LongTermDebtAndCapitalLeaseObligations0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23OperatingIncomeLoss0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23CashAndCashEquivalentsAtCarryingValue0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23DebtCurrent0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23IncomeTaxExpenseBenefit0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23LongTermDebtAndCapitalLeaseObligations0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23OperatingIncomeLoss0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21CashAndCashEquivalentsAtCarryingValue0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21DebtCurrent0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21IncomeTaxExpenseBenefit0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21LongTermDebtAndCapitalLeaseObligations0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21OperatingIncomeLoss0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23CashAndCashEquivalentsAtCarryingValue0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23DebtCurrent0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23LongTermDebtAndCapitalLeaseObligations0000732712-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-23StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15CashAndCashEquivalentsAtCarryingValue0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15DebtCurrent0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15IncomeTaxExpenseBenefit0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15LongTermDebtAndCapitalLeaseObligations0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15OperatingIncomeLoss0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21CashAndCashEquivalentsAtCarryingValue0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21DebtCurrent0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21IncomeTaxExpenseBenefit0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21LongTermDebtAndCapitalLeaseObligations0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21OperatingIncomeLoss0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25CashAndCashEquivalentsAtCarryingValue0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25IncomeTaxExpenseBenefit0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25LongTermDebtAndCapitalLeaseObligations0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25LongTermDebtAndCapitalLeaseObligationsCurrent0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25OperatingIncomeLoss0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25ShortTermBorrowings0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11CashAndCashEquivalentsAtCarryingValue0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11IncomeTaxExpenseBenefit0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11LongTermDebtAndCapitalLeaseObligations0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11LongTermDebtAndCapitalLeaseObligationsCurrent0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11OperatingIncomeLoss0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11ShortTermBorrowings0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10CashAndCashEquivalentsAtCarryingValue0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10IncomeTaxExpenseBenefit0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10LongTermDebtAndCapitalLeaseObligations0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10LongTermDebtAndCapitalLeaseObligationsCurrent0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10OperatingIncomeLoss0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10ShortTermBorrowings0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09CashAndCashEquivalentsAtCarryingValue0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09IncomeTaxExpenseBenefit0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09LongTermDebtAndCapitalLeaseObligations0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09LongTermDebtAndCapitalLeaseObligationsCurrent0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09OperatingIncomeLoss0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09ShortTermBorrowings0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12CashAndCashEquivalentsAtCarryingValue0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12IncomeTaxExpenseBenefit0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12LongTermDebtAndCapitalLeaseObligations0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12LongTermDebtAndCapitalLeaseObligationsCurrent0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12OperatingIncomeLoss0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12ShortTermBorrowings0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17CashAndCashEquivalentsAtCarryingValue0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17DebtCurrent0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17IncomeTaxExpenseBenefit0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17LongTermDebtAndCapitalLeaseObligations0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17OperatingIncomeLoss0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestc: comparative figure from a later filing (IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest FY2010); SEC's structured data has no figure from the fiscal year's own 10-K.r: a later 10-K shows a different figure for StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest FY2009; LongTermDebtAndCapitalLeaseObligations FY2015; OperatingIncomeLoss FY2016. As filed is shown. - Return on invested capital, fiscal 2010–2011, 2013–2016, 2018–2025
- Details and every year
Sections, fiscal 2009–2025
- Where the cash wentFree cash flow and what it was spent on — buybacks, dividends, acquisitions and debt — year by year.
- Return on capitalReturn on invested capital and on incremental capital, and up to three estimates of owner earnings.
- Management recordPrices paid for buybacks, debt against operating income, margins, share issuance and stock-based pay.
Sources for the figures on this page
SEC EDGAR · CIK 0000732712. Each filing is listed once with the XBRL tags used from it.
- 0001193125-10-041685 · FY2009 · period ended 2009-12-31 · filed 2010-02-26 · https://www.sec.gov/Archives/edgar/data/732712/000119312510041685/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, PaymentsForRepurchaseOfCommonStock, PaymentsOfDividends, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest, vz:AcquisitionsNetOfCashAcquiredAndInvestments - 0001193125-11-049476 · FY2010 · period ended 2010-12-31 · filed 2011-02-28 · https://www.sec.gov/Archives/edgar/data/732712/000119312511049476/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeTaxExpenseBenefit, LongTermDebtNoncurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0001193125-12-077846 · FY2010, 2011 · period ended 2010-12-31, 2011-12-31 · filed 2012-02-24 · https://www.sec.gov/Archives/edgar/data/732712/000119312512077846/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtNoncurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireOtherProductiveAssets, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0001193125-13-075713 · FY2012 · period ended 2012-12-31 · filed 2013-02-26 · https://www.sec.gov/Archives/edgar/data/732712/000119312513075713/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, LongTermDebtNoncurrent, NetCashProvidedByUsedInOperatingActivities, PaymentsOfDividends, PaymentsToAcquireOtherProductiveAssets, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0001193125-14-073266 · FY2013 · period ended 2013-12-31 · filed 2014-02-27 · https://www.sec.gov/Archives/edgar/data/732712/000119312514073266/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtNoncurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsForRepurchaseOfCommonStock, PaymentsOfDividends, PaymentsToAcquireOtherProductiveAssets, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0001193125-15-057710 · FY2014 · period ended 2014-12-31 · filed 2015-02-23 · https://www.sec.gov/Archives/edgar/data/732712/000119312515057710/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireOtherProductiveAssets, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0001193125-16-473367 · FY2015 · period ended 2015-12-31 · filed 2016-02-23 · https://www.sec.gov/Archives/edgar/data/732712/000119312516473367/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsForRepurchaseOfCommonStock, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0001193125-17-050292 · FY2016 · period ended 2016-12-31 · filed 2017-02-21 · https://www.sec.gov/Archives/edgar/data/732712/000119312517050292/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-18-000009 · FY2016, 2017 · period ended 2016-12-31, 2017-12-31 · filed 2018-02-23 · https://www.sec.gov/Archives/edgar/data/732712/000073271218000009/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, PaymentsForRepurchaseOfCommonStock, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-15 · https://www.sec.gov/Archives/edgar/data/732712/000073271219000012/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-20-000014 · FY2019 · period ended 2019-12-31 · filed 2020-02-21 · https://www.sec.gov/Archives/edgar/data/732712/000073271220000014/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireOtherProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-25 · https://www.sec.gov/Archives/edgar/data/732712/000073271221000012/
CashAndCashEquivalentsAtCarryingValue, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, LongTermDebtAndCapitalLeaseObligationsCurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireOtherProductiveAssets, ShortTermBorrowings, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-02-11 · https://www.sec.gov/Archives/edgar/data/732712/000073271222000008/
CashAndCashEquivalentsAtCarryingValue, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, LongTermDebtAndCapitalLeaseObligationsCurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireOtherProductiveAssets, ShortTermBorrowings, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-10 · https://www.sec.gov/Archives/edgar/data/732712/000073271223000012/
CashAndCashEquivalentsAtCarryingValue, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, LongTermDebtAndCapitalLeaseObligationsCurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireOtherProductiveAssets, ShortTermBorrowings, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-02-09 · https://www.sec.gov/Archives/edgar/data/732712/000073271224000010/
CashAndCashEquivalentsAtCarryingValue, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, LongTermDebtAndCapitalLeaseObligationsCurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireOtherProductiveAssets, ShortTermBorrowings, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-25-000006 · FY2024 · period ended 2024-12-31 · filed 2025-02-12 · https://www.sec.gov/Archives/edgar/data/732712/000073271225000006/
CashAndCashEquivalentsAtCarryingValue, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, LongTermDebtAndCapitalLeaseObligationsCurrent, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireOtherProductiveAssets, ShortTermBorrowings, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest - 0000732712-26-000007 · FY2025 · period ended 2025-12-31 · filed 2026-02-17 · https://www.sec.gov/Archives/edgar/data/732712/000073271226000007/
CashAndCashEquivalentsAtCarryingValue, DebtCurrent, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, LongTermDebtAndCapitalLeaseObligations, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsOfDividends, PaymentsToAcquireBusinessesNetOfCashAcquired, PaymentsToAcquireOtherProductiveAssets, StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest