FN2 Earnings Intelligence
Verizon Communications Inc. cash flow
Verizon Communications Inc. (VZ) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $2,921 | $2,605 | $2,065 | $4,194 | $19,048 | - | - |
| + Debt | $4,300 | $8,050 | $8,500 | $8,065 | $6,041 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $133,613 | $136,835 | $133,974 | $134,788 | $138,191 | $141,660.7 | $143,817.7 |
| % Growth | 4.1% | 2.4% | -2.1% | 0.6% | 2.5% | 2.5% | 1.5% |
| Gross Profit | $102,379 | $106,339 | $105,874 | $106,791 | $109,215 | - | - |
| % Margin | 76.6% | 77.7% | 79.0% | 79.2% | 79.0% | - | - |
| EBITDA | $48,654 | $47,566 | $40,501 | $46,578 | $47,608 | - | - |
| % Margin | 36.4% | 34.8% | 30.2% | 34.6% | 34.5% | - | - |
| Net Income | $22,065 | $21,256 | $11,614 | $17,506 | $17,174 | - | - |
| % Margin | 16.5% | 15.5% | 8.7% | 13.0% | 12.4% | - | - |
| Diluted EPS | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 | $4.98 | $5.23 |
| % Growth | 23.7% | -4.9% | -45.7% | 50.5% | -1.9% | 22.6% | 5.1% |
| Operating Cash Flow | $39,539 | $37,141 | $37,475 | $36,912 | $37,137 | - | - |
| CapEx | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $133,613 | $136,835 | $133,974 | $134,788 | $138,191 | $141,660.7 | $143,817.7 |
| Gross Profit | $102,379 | $106,339 | $105,874 | $106,791 | $109,215 | - | - |
| EBITDA | $48,654 | $47,566 | $40,501 | $46,578 | $47,608 | - | - |
| Net Income | $22,065 | $21,256 | $11,614 | $17,506 | $17,174 | - | - |
| Diluted EPS | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 | $4.98 | $5.23 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $2,921 | $2,605 | $2,065 | $4,194 | $19,048 |
| Short-term Debt | $0 | $150 | $0 | $65 | $441 |
| Long-term Debt | $4,300 | $7,900 | $8,500 | $8,000 | $5,600 |
| Total Debt | $4,300 | $8,050 | $8,500 | $8,065 | $6,041 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $39,539 | $37,141 | $37,475 | $36,912 | $37,137 |
| Capital Expenditure | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 4.1% | 2.4% | -2.1% | 0.6% | 2.5% |
| Gross Margin | 76.6% | 77.7% | 79.0% | 79.2% | 79.0% |
| EBITDA Margin | 36.4% | 34.8% | 30.2% | 34.6% | 34.5% |
| Net Margin | 16.5% | 15.5% | 8.7% | 13.0% | 12.4% |
| FCF Margin | - | - | - | - | - |
| Diluted EPS Growth | 23.7% | -4.9% | -45.7% | 50.5% | -1.9% |