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Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.
1983
99.6K+
LTM Revenue $135B
LTM EBITDA $49.0B
$344B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Verizon has a last 12-month revenue of $135B and a last 12-month EBITDA of $49.0B.
In the most recent fiscal year, Verizon achieved revenue of $135B and an EBITDA of $47.5B.
Verizon expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Verizon valuation multiples based on analyst estimates| FY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $137B | $134B | $135B | $135B | XXX |
| Gross Profit | $77.7B | $79.1B | $80.7B | XXX | XXX |
| Gross Margin | 57% | 59% | 60% | XXX | XXX |
| EBITDA | $49.0B | $40.1B | $47.5B | $49.0B | XXX |
| EBITDA Margin | 36% | 30% | 35% | 36% | XXX |
| Net Profit | $21.3B | $11.6B | $17.5B | XXX | XXX |
| Net Margin | 16% | 9% | 13% | XXX | XXX |
| Net Debt | $148B | $149B | $140B | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of February 21, 2025, Verizon's stock price is $43.
Verizon has current market cap of $180B, and EV of $344B.
See Verizon trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $344B | $180B | XXX | XXX | XXX | XXX | $4.60 |
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Sign UpAs of February 21, 2025, Verizon has market cap of $180B and EV of $344B.
Verizon's trades at 2.5x LTM EV/Revenue multiple, and 7.0x LTM EBITDA.
Analysts estimate Verizon's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Verizon and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $344B | XXX | XXX | XXX |
| EV/Revenue | 2.6x | XXX | XXX | XXX |
| EV/EBITDA | 7.2x | XXX | XXX | XXX |
| P/E | 10.3x | XXX | XXX | XXX |
| P/E/Growth | 1.3x | XXX | XXX | XXX |
| EV/FCF | 18.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpVerizon's NTM/LTM revenue growth is 2%
Verizon's revenue per employee for the last fiscal year averaged $1.4M, while opex per employee averaged $0.5M for the same period.
Over next 12 months, Verizon's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Verizon's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Verizon and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 18% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 37% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $1.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.5M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 39% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| e& | XXX | XXX | XXX | XXX | XXX | XXX |
| Space42 | XXX | XXX | XXX | XXX | XXX | XXX |
| Jordan Telecom | XXX | XXX | XXX | XXX | XXX | XXX |
| KPN | XXX | XXX | XXX | XXX | XXX | XXX |
| Globalstar | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Verizon acquired XXX companies to date.
Last acquisition by Verizon was XXXXXXXX, XXXXX XXXXX XXXXXX . Verizon acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Verizon founded? | Verizon was founded in 1983. |
| Where is Verizon headquartered? | Verizon is headquartered in United States of America. |
| How many employees does Verizon have? | As of today, Verizon has 99.6K+ employees. |
| Who is the CEO of Verizon? | Verizon's CEO is Mr. Hans Erik Vestberg. |
| Is Verizon publicy listed? | Yes, Verizon is a public company listed on NYS. |
| What is the stock symbol of Verizon? | Verizon trades under VZ ticker. |
| When did Verizon go public? | Verizon went public in 1984. |
| Who are competitors of Verizon? | Similar companies to Verizon include e.g. e&, Space42, Jordan Telecom, KPN. |
| What is the current market cap of Verizon? | Verizon's current market cap is $180B |
| What is the current revenue of Verizon? | Verizon's last 12-month revenue is $135B. |
| What is the current EBITDA of Verizon? | Verizon's last 12-month EBITDA is $49.0B. |
| What is the current EV/Revenue multiple of Verizon? | Current revenue multiple of Verizon is 2.5x. |
| What is the current EV/EBITDA multiple of Verizon? | Current EBITDA multiple of Verizon is 7.0x. |
| What is the current revenue growth of Verizon? | Verizon revenue growth between 2023 and 2024 was 1%. |
| Is Verizon profitable? | Yes, Verizon is EBITDA-positive (as of the last 12 months). |
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