Verizon Communications Inc.
VZ

$176.51 B
Marketcap
$41.93
Share price
Country
$0.29
Change (1 day)
$45.36
Year High
$36.46
Year Low

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, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. 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.

marketcap

P/E ratio for Verizon Communications Inc. (VZ)

P/E ratio as of 2023: 13.67

According to Verizon Communications Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.67. At the end of 2022 the company had a P/E ratio of 7.79.

P/E ratio history for Verizon Communications Inc. from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 13.67
2022 7.79
2021 9.77
2020 13.66
2019 13.19
2018 14.95
2017 7.18
2016 16.59
2015 10.56
2014 19.31
2013 12.25
2012 141.08
2011 47.28
2010 39.72
2009 24.09
2008 14.04
2007 21.86
2006 16.68
2005 10.37
2004 13.19
2003 28.93
2002 23.87
2001 304.44
2000 10.63
1999 36.95
1998 26.04
1997 26.52
1996 16.01
1995 14.46
1994 -26.61
1993 16.89
1992 15.03
1991 12.99
1990 14.61
1989 19.29
1988 9.80
1987 9.59
1986 10.57
1985 8.95