VZ — Verizon Communications Income Statement

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TelecomsConservativeLarge CapSuper Stock

Annual income statement for Verizon Communications, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	131,868	128,292	133,613	136,835	133,974
Cost of Revenue
Gross Profit	77,142	77,091	77,312	77,702	79,169
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	105,220	101,206	102,327	105,934	111,781
Operating Profit	26,648	27,086	31,286	30,901	22,193
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	22,733	23,967	29,420	28,271	16,987
Provision for Income Taxes
Net Income After Taxes	19,788	18,348	22,618	21,748	12,095
Minority Interest
Net Income Before Extraordinary Items
Net Income	19,265	17,801	22,065	21,256	11,614
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	19,265	17,801	22,065	21,256	11,614
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	5.57	4.9	5.51	5.03	4.11
Dividends per Share