Discontinued — last reported Q4 '23

Business Segments · Selling, general and administrative expense

Consumer — Selling, general and administrative expense

Verizon Communications Consumer — Selling, general and administrative expense remained flat by 0.0% to $5.03B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $4.77B to $5.03B. Over 2 years (FY 2021 to FY 2023), Consumer — Selling, general and administrative expense shows an upward trend with a 10.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2023
Rolls up toSG&A

How to read this metric

An increase may indicate higher investment in customer acquisition or rising operational overhead, while a decrease suggests improved cost management or operational efficiencies within the consumer division.

Detailed definition

This metric represents the total operating costs incurred by the consumer-facing business segment to support sales, mark...

Peer comparison

Comparable to SG&A expenses reported by other major telecommunications carriers, though variations exist based on how companies allocate corporate overhead versus direct segment-specific costs.

Metric ID: vz_segment_consumer_selling_general_and_administrative_expense

Historical Data

3 years
 FY'21FY'22FY'23
Value$16.56B$19.06B$20.13B
YoY Change+15.1%+5.6%
Range$16.56B$20.13B
CAGR+10.2%
Avg YoY Growth+10.4%
Median YoY Growth+10.4%
Current Streak2+ years growth

Frequently Asked Questions

What is Verizon Communications's consumer — selling, general and administrative expense?
Verizon Communications (VZ) reported consumer — selling, general and administrative expense of $5.03B in Q4 2023.
How has Verizon Communications's consumer — selling, general and administrative expense changed year-over-year?
Verizon Communications's consumer — selling, general and administrative expense increased by 5.6% year-over-year, from $4.77B to $5.03B.
What is the long-term trend for Verizon Communications's consumer — selling, general and administrative expense?
Over 2 years (2021 to 2023), Verizon Communications's consumer — selling, general and administrative expense has grown at a 10.2% compound annual growth rate (CAGR), from $16.56B to $20.13B.
What does consumer — selling, general and administrative expense mean?
The total cost of selling, marketing, and managing administrative operations for the consumer business segment.