Verizon Communications Inc. (VZ) stock analysis
Company overview and business model
Source fact: Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Classification: NYSE · Communication Services · Telecom Services
Revenue and growth
Source fact: Revenue was USD 138.19 billion for the period ending 2025-12-31.
Caverian calculation: Revenue changed +2.5% (FY2025 vs FY2024).
Profitability
Source fact: Net income was USD 17.17 billion in the latest reported period.
Source metric: Reported net margin was 12.4%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 19.05 billion.
Source fact: Total debt was USD 181.64 billion.
Source metric: Current ratio was 0.91x.
Cash-flow analysis
Source fact: Operating cash flow was USD 37.14 billion.
Source fact: Free cash flow was USD 19.68 billion.
Valuation
Source metrics: Trailing P/E 12.87x; Forward P/E 9.36x; Price to book 1.98x; Price to sales 1.48x; EV/EBITDA 7.79x.
Caverian model output: Value score was 75/100.
Competitive position
Classification: Peer context: Telecom Services within Communication Services.
Caverian model output: Quality score was 55/100.
Caverian model output: Growth score was 46/100.
Material risks
Caverian model interpretation: Watch out: the balance sheet looks fragile, and short-term cash may not cover short-term bills.
Caverian calculation: Altman Z-score was 1.31 (distress zone).
Caverian calculation: Piotroski F-score was 5/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles