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VZ Stock Price Correlated With Verizon Communications Financials
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Income Statement
Cash Flow
Balance Sheet
VZ Income Statement
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Revenue, Net:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
VZ Cash Flow
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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:
VZ Balance Sheet
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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:
Major Holders (from 13F filings)
Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group
348,798,387 sh
-792,381 sh
0%
0%
$13,564,769
$290,809
State Street
166,868,183 sh
-8,491,100 sh
-5%
-5%
$6,489,497
-$419,659
Geode Capital Management
80,022,393 sh
339,775 sh
0%
0%
$3,105,742
-$28,744
Morgan Stanley
76,023,877 sh
8,047,418 sh
12%
12%
$2,956,570
$278,299
Northernrp
46,644,117 sh
-456,480 sh
-1%
-1%
$1,813,990
-$1,853,949,532
JPMorgan Chase
46,007,383 sh
-2,161,566 sh
-4%
-4%
$1,789,225
-$108,632
Price T Rowe Associates /Md/
37,415,019 sh
-10,643,197 sh
-22%
-22%
$1,455
-$439
Bank Of New York Mellon
33,545,831 sh
-869,406 sh
-3%
-3%
$1,304,598
-$51,362
Legal & General Group Plc
29,417,803 sh
128,954 sh
0%
0%
$1,144,057
-$9,925
Ameriprise Financial
28,391,509 sh
2,348,393 sh
9%
9%
$1,104,161
$77,890
FMR
28,081,974 sh
-7,391,574 sh
-21%
-21%
$1,092,108
-$1,396,565,713
Capital Research Global Investors
27,677,011 sh
-1,239,116 sh
-4%
-4%
$1,076,359
-$62,936
Royal Bank Of Canada
24,932,319 sh
24,591,219 sh
7209%
7209%
$969,617
$956,178
Goldman Sachs Group
21,598,917 sh
21,389,417 sh
10210%
10210%
$839,982
-$7,414,318
UBS Asset Management Americas
20,249,260 sh
-2,109,662 sh
-9%
-9%
$787,495
-$93,447
Federated Hermes.
20,183,596 sh
4,489,588 sh
29%
29%
$784,940
-$617,558,974
Deutsche Bank Ag\
19,367,589 sh
1,756,908 sh
10%
10%
$753,205
-$693,107,626
Nuveen Asset Management
17,349,198 sh
63,936 sh
0%
0%
$674
-$7
Swiss National Bank
16,667,498 sh
-401,300 sh
-2%
-2%
$648,199
-$671,862,442
Raymond James & Associates
16,240,281 sh
16,192,281 sh
33734%
33734%
$631,584
$581,484
COMPANY PROFILE
Note 1. Basis of Presentation
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) in the United States (U.S.) and based upon Securities and Exchange Commission rules that permit reduced disclosure for interim periods. For a more complete discussion of significant accounting policies and certain other information, you should refer to the financial statements included in Verizon Communications Inc.'s (Verizon or the Company) Annual Report on Form 10-K for the year ended December 31, 2021. These financial statements reflect all adjustments that are necessary for a fair presentation of results of operations and financial condition for the interim periods shown, including normal recurring accruals and other items. The results for the interim periods are not necessarily indicative of results for the full year.
Earnings Per Common Share
There were a total of approximately 1.4 million and 1.5 million outstanding dilutive securities, primarily consisting of restricted stock units, included in the computation of diluted earnings per common share for the three and six months ended June 30, 2022, respectively. There were a total of approximately 1.9 million and 1.8 million outstanding dilutive securities, primarily consisting of restricted stock units, included in the computation of diluted earnings per common share for the three and six months ended June 30, 2021, respectively.
Cash, Cash Equivalents and Restricted Cash
We consider all highly liquid investments with an original maturity of 90 days or less when purchased to be cash equivalents. Cash equivalents are stated at cost, which approximates quoted market value and includes amounts held in money market funds.
Cash collections on the device payment plan agreement receivables collateralizing our asset-backed debt securities are required at certain specified times to be placed into segregated accounts. Deposits to the segregated accounts are considered restricted cash and are included in Prepaid expenses and other and Other assets in our condensed consolidated balance sheets.
Cash, cash equivalents and restricted cash are included in the following line items in the condensed consolidated balance sheets:
At June 30, At December 31, Increase / (Decrease) (dollars in millions)
2022 2021 Cash and cash equivalents $ 1,857 $ 2,921 $ (1,064) Restricted cash: Prepaid expenses and other
1,322 1,094 228 Other assets
154 146 8 Cash, cash equivalents and restricted cash $ 3,333 $ 4,161 $ (828)
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) in the United States (U.S.) and based upon Securities and Exchange Commission rules that permit reduced disclosure for interim periods. For a more complete discussion of significant accounting policies and certain other information, you should refer to the financial statements included in Verizon Communications Inc.'s (Verizon or the Company) Annual Report on Form 10-K for the year ended December 31, 2021. These financial statements reflect all adjustments that are necessary for a fair presentation of results of operations and financial condition for the interim periods shown, including normal recurring accruals and other items. The results for the interim periods are not necessarily indicative of results for the full year.
Earnings Per Common Share
There were a total of approximately 1.4 million and 1.5 million outstanding dilutive securities, primarily consisting of restricted stock units, included in the computation of diluted earnings per common share for the three and six months ended June 30, 2022, respectively. There were a total of approximately 1.9 million and 1.8 million outstanding dilutive securities, primarily consisting of restricted stock units, included in the computation of diluted earnings per common share for the three and six months ended June 30, 2021, respectively.
Cash, Cash Equivalents and Restricted Cash
We consider all highly liquid investments with an original maturity of 90 days or less when purchased to be cash equivalents. Cash equivalents are stated at cost, which approximates quoted market value and includes amounts held in money market funds.
Cash collections on the device payment plan agreement receivables collateralizing our asset-backed debt securities are required at certain specified times to be placed into segregated accounts. Deposits to the segregated accounts are considered restricted cash and are included in Prepaid expenses and other and Other assets in our condensed consolidated balance sheets.
Cash, cash equivalents and restricted cash are included in the following line items in the condensed consolidated balance sheets:
At June 30, At December 31, Increase / (Decrease) (dollars in millions)
2022 2021 Cash and cash equivalents $ 1,857 $ 2,921 $ (1,064) Restricted cash: Prepaid expenses and other
1,322 1,094 228 Other assets
154 146 8 Cash, cash equivalents and restricted cash $ 3,333 $ 4,161 $ (828)
Free historical financial statements for Verizon Communications Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 53 quarters since 2010. Compare with VZ stock chart to see long term trends.
Data imported from Verizon Communications Inc SEC filings. Check original filings before making any investment decision.