VZ

Verizon Communications

Communication Services Telecom Services NYSE

About the company

In addition to its strong presence in the wireless market, Verizon Communications has expanded its operations to encompass various facets of the telecommunications industry. With its nationwide network, the company has positioned itself as the largest wireless carrier in the United States, catering to a staggering 92 million postpaid and 22 million prepaid phone customers. However, Verizon's reach extends beyond wireless services. The company also operates fixed-line telecom networks, particularly in the Northeast region of the country, where it serves approximately 25 million homes and businesses. These local networks provide a vital communication lifeline to customers, offering reliable voice and data services. Moreover, Verizon has established itself as a prominent player in the broadband sector, serving around 8 million broadband customers. By offering high-speed internet connectivity, the company enables customers to access a myriad of digital experiences, ranging from streaming services to online gaming and remote work. A key aspect of Verizon's business strategy involves catering to enterprise customers. Leveraging its extensive infrastructure and technical expertise, the company provides telecom services to businesses nationwide. This includes implementing communication solutions tailored to the specific needs of each enterprise, be it voice, data, or cloud-based services. To deliver these services, Verizon strategically utilizes a combination of its own networks and those of other carriers, ensuring optimal coverage and reliability. One notable acquisition that bolstered Verizon's service offerings was the purchase of Tracfone, a leading provider of prepaid mobile services. This acquisition not only expanded Verizon's customer base but also allowed the company to tap into the growing demand for prepaid phone options. By integrating Tracfone's operations into its own, Verizon strengthened its position in the prepaid market and diversified its revenue streams. Beyond its operational achievements, Verizon places a strong emphasis on technological innovation. The company invests heavily in research and development to stay at the forefront of the ever-evolving telecommunications landscape. By continuously pushing boundaries, Verizon strives to deliver cutting-edge solutions that enhance connectivity, improve efficiency, and enrich the customer experience. Additionally, Verizon is committed to responsible corporate citizenship. The company actively engages in initiatives that promote digital literacy, environmental sustainability, and social justice. Through its philanthropic efforts, Verizon seeks to make a positive impact on society and bridge the digital divide, ensuring that everyone has access to the benefits of technology. In conclusion, Verizon Communications has evolved from being primarily a wireless business into a comprehensive telecommunications provider with a national reach. Through its wireless services, fixed-line networks, broadband offerings, and enterprise solutions, Verizon caters to a diverse range of customers across the United States. With its commitment to innovation and corporate responsibility, the company continues to play a pivotal role in shaping the future of communication and connectivity.

Website: https://www.verizon.com

Data updated: April 30, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Communication Services · 309 peers in sector

Metric VZ Sector median Vs. industry
P/E 11.37 16.25 ↓ Below average
EPS 4.10 USD -0.16 USD ↑ Above average
Dividend yield 5.85% 2.03% ↑ Above average
Profit margin 12.46% 0.00% ↑ Above average
ROE 17.20% -3.34% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Verizon Communications?
In addition to its strong presence in the wireless market, Verizon Communications has expanded its operations to encompass various facets of the telecommunications industry. With its nationwide network, the company has positioned itself as the largest wireless carrier in the United States, catering to a staggering 92 million postpaid and 22 million prepaid phone customers. However, Verizon's reach extends beyond wireless services. The company also operates fixed-line telecom networks, particularly in the Northeast region of the country, where it serves approximately 25 million homes and businesses. These local networks provide a vital communication lifeline to customers, offering reliable voice and data services. Moreover, Verizon has established itself as a prominent player in the broadband sector, serving around 8 million broadband customers. By offering high-speed internet connectivity, the company enables customers to access a myriad of digital experiences, ranging from streaming services to online gaming and remote work. A key aspect of Verizon's business strategy involves catering to enterprise customers. Leveraging its extensive infrastructure and technical expertise, the company provides telecom services to businesses nationwide. This includes implementing communication solutions tailored to the specific needs of each enterprise, be it voice, data, or cloud-based services. To deliver these services, Verizon strategically utilizes a combination of its own networks and those of other carriers, ensuring optimal coverage and reliability. One notable acquisition that bolstered Verizon's service offerings was the purchase of Tracfone, a leading provider of prepaid mobile services. This acquisition not only expanded Verizon's customer base but also allowed the company to tap into the growing demand for prepaid phone options. By integrating Tracfone's operations into its own, Verizon strengthened its position in the prepaid market and diversified its revenue streams. Beyond its operational achievements, Verizon places a strong emphasis on technological innovation. The company invests heavily in research and development to stay at the forefront of the ever-evolving telecommunications landscape. By continuously pushing boundaries, Verizon strives to deliver cutting-edge solutions that enhance connectivity, improve efficiency, and enrich the customer experience. Additionally, Verizon is committed to responsible corporate citizenship. The company actively engages in initiatives that promote digital literacy, environmental sustainability, and social justice. Through its philanthropic efforts, Verizon seeks to make a positive impact on society and bridge the digital divide, ensuring that everyone has access to the benefits of technology. In conclusion, Verizon Communications has evolved from being primarily a wireless business into a comprehensive telecommunications provider with a national reach. Through its wireless services, fixed-line networks, broadband offerings, and enterprise solutions, Verizon caters to a diverse range of customers across the United States. With its commitment to innovation and corporate responsibility, the company continues to play a pivotal role in shaping the future of communication and connectivity.
Are Verizon Communications shares expensive?
The price-to-earnings (P/E) ratio of Verizon Communications is 11.37 — the share price is 11.37 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 16.25). This is information, not a recommendation.
How big is Verizon Communications?
The market capitalization of Verizon Communications — the combined value of all its shares — is 194.64 B USD. The higher the market cap, the larger the company.
Does Verizon Communications pay dividends?
The dividend yield of Verizon Communications is 5.85% — it shows the annual dividend relative to the share price. This is information, not a recommendation.
What sector does Verizon Communications belong to?
Verizon Communications operates in the Communication Services sector, industry: Telecom Services.

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