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Discontinued — last reported Q1 '18

Gross Profit at other companies

SBA Communications logo
SBA CommunicationsSBAC
$664.01M+6.1%
Crown Castle logo
Crown CastleCCI
$984M-4.7%
Samsara logo
SamsaraIOT
$361.14M+27.3%
MTZ
MasTecMTZ
$477.9M+53.6%
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
$1.36B+4.8%
EchoStar logo
EchoStarSATS

Other financials

Income statement

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Revenue$34.4B+2.9%
Operating income$8.2B+3.3%
Net income$5.0B+3.4%
EPS (diluted)$1.20+4.4%

Balance sheet

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Cash & equivalents$8.6B+211%
Total debt$51.6B-69.2%
Total equity$104.62B+2.5%
Total assets$417.88B+9.9%

Cash flow

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Operating cash flow$8.0B+2.6%

Valuation

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Market cap$191.41B+10.9%
Enterprise value$234.42B-28.4%
P/E11×+1.3×
P/S1.4×+0.1×

Profitability

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Gross margin82.3%
Operating margin21.2%-0.3pp
Net margin12.5%-0.7pp

Returns & leverage

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Return on equity16.8%-1.2pp
Debt / equity0.5×-1.2×
Current ratio0.6×0.0×

Where this comes from

Calculated from Verizon Communications’s reported figures.

The official record: Verizon Communications’s 10-K, filed February 21, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?
Gross profit is the total revenue earned minus the direct costs required to provide services or products.
How do you interpret gross profit?
An increase in gross profit suggests improved pricing power or better management of direct service delivery costs, while a decrease may indicate rising network costs or competitive pricing pressure.
How does gross profit compare across companies?
In the telecommunications sector, gross profit margins are typically benchmarked against other major wireless carriers to assess the relative efficiency of network infrastructure utilization and customer acquisition cost structures.