Verizon Communications Inc.

Verizon Communications Inc.verified

VZ

Price:

$41.15

Market Cap:

$173.22B

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 202...[Read more]

Industry

Telecommunications Services

IPO Date

1983-11-21

Stock Exchange

NYSE

Ticker

VZ

The Current Ratio as of September 2024 (TTM) for Verizon Communications Inc. (VZ) is 0.63

According to Verizon Communications Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.63. This represents a change of -7.62% compared to the average of 0.68 of the last 4 quarters.

Verizon Communications Inc. (VZ) Historical Current Ratio (quarterly & annually)

How has VZ Current Ratio performed in the past?

The mean historical Current Ratio of Verizon Communications Inc. over the last ten years is 0.88. The current 0.63 Current Ratio has changed 7.00% with respect to the historical average. Over the past ten years (40 quarters), VZ's Current Ratio was at its highest in in the December 2020 quarter at 1.38. The Current Ratio was at its lowest in in the June 2016 quarter at 0.61.

Quarterly (TTM)
Annual

Average

0.88

Median

0.85

Minimum

0.64

Maximum

1.38

Verizon Communications Inc. (VZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Verizon Communications Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 64.82%

Maximum Annual Current Ratio = 1.38

Minimum Annual Increase = -59.84%

Minimum Annual Current Ratio = 0.64

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.69-8.33%
20220.75-3.11%
20210.78-43.42%
20201.3864.82%
20190.84-8.54%
20180.910.85%
20170.914.08%
20160.8736.41%
20150.64-39.49%
20141.05-59.84%

Verizon Communications Inc. (VZ) Average Current Ratio

How has VZ Current Ratio performed in the past?

The current Current Ratio of Verizon Communications Inc. (VZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.74

5-year avg

0.89

10-year avg

0.88

Verizon Communications Inc. (VZ) Current Ratio vs. Peers

How is VZ’s Current Ratio compared to its peers?

Verizon Communications Inc.’s Current Ratio is less than T-Mobile US, Inc. (0.84), less than Lumen Technologies, Inc. (0.95), greater than DISH Network Corporation (0.54), less than Comcast Corporation (0.66), greater than AT&T Inc. (0.58), greater than Charter Communications, Inc. (0.39), less than Vodafone Group Public Limited Company (0.83),

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Frequently asked questions❓

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