Discontinued — last reported Q4 '23
Business — Selling, general and administrative expense
Verizon Communications Business — Selling, general and administrative expense remained flat by 0.0% to $2.11B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.8%, from $2.07B to $2.11B. Over 2 years (FY 2021 to FY 2023), Business — Selling, general and administrative expense shows relatively stable performance with a 0.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease relative to revenue suggests improved operational efficiency or successful cost-cutting measures, while an increase may indicate higher customer acquisition costs or rising administrative overhead.
Detailed definition
This metric represents the aggregate costs incurred by the business segment to support non-production activities, includ...
Peer comparison
Comparable to SG&A expenses in other telecommunications or enterprise service segments, often benchmarked as a percentage of segment revenue to assess operating leverage.
vz_segment_business_selling_general_and_administrative_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $8.32B | $8.28B | $8.43B |
| YoY Change | — | -0.5% | +1.8% |
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Frequently Asked Questions
- What is Verizon Communications's business — selling, general and administrative expense?
- Verizon Communications (VZ) reported business — selling, general and administrative expense of $2.11B in Q4 2023.
- How has Verizon Communications's business — selling, general and administrative expense changed year-over-year?
- Verizon Communications's business — selling, general and administrative expense increased by 1.8% year-over-year, from $2.07B to $2.11B.
- What is the long-term trend for Verizon Communications's business — selling, general and administrative expense?
- Over 2 years (2021 to 2023), Verizon Communications's business — selling, general and administrative expense has grown at a 0.6% compound annual growth rate (CAGR), from $8.32B to $8.43B.
- What does business — selling, general and administrative expense mean?
- The total cost of selling, marketing, and administrative support for the business segment.