Verizon Communications (VZ) Stock Analysis
This is a peer-relative look at Verizon Communications (VZ): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Telecommunication Services peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | VZ |
|---|---|
| Name | Verizon Communications Inc. |
| Country/Region | United States |
| GICS Sector | Communication Services |
| GICS Industry Group | Telecommunication Services |
| GICS Industry | Diversified Telecommunication Services |
| GICS Sub-Industry | Integrated Telecommunication Services |
| Market Capitalization | 182.81 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | November 21, 1983 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| Total Return (1Y) | 10.07% | 11.77% |
| Total Return (3Y, Annualized) | 16.48% | 13.32% |
| Total Return (5Y, Annualized) | 1.43% | 1.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 23.86% | 39.61% |
| Beta (5Y) | 0.25 | 0.67 |
| Max Drawdown (5Y) | -38.38% | -59.43% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 0.25 | 0.25 |
| Sortino Ratio (1Y) | 0.40 | 0.40 |
Profitability
ROE (TTM)
Verizon Communications (VZ) posts ROE of 17.20%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
VZ
Telecommunication Services industry group
17.20%
Group distribution
- Max
- 43.27%
- Q3
- 18.03%
- VZ
- 17.20%
- Median
- 7.35%
- Q1
- -7.60%
- Min
- -37.75%
Largest peers
- AMX
- 21.13%
- T
- 18.37%
- TMUS
- 18.03%
- VZ
- 17.20%
- CHT
- 9.99%
- VOD
- 0.11%
- SPCX
- --
Net Margin (TTM)
Verizon Communications (VZ) keeps 12.46% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.
VZ
Telecommunication Services industry group
12.46%
Group distribution
- Max
- 41.74%
- VZ
- 12.46%
- Q3
- 12.36%
- Median
- 5.02%
- Q1
- -11.20%
- Min
- -45.00%
Largest peers
- T
- 16.94%
- CHT
- 16.24%
- VZ
- 12.46%
- TMUS
- 11.65%
- AMX
- 9.23%
- VOD
- -0.98%
- SPCX
- -45.00%
Operating Margin (TTM)
Verizon Communications (VZ) turns 25.19% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
VZ
Telecommunication Services industry group
25.19%
Group distribution
- Max
- 35.60%
- VZ
- 25.19%
- Q3
- 21.32%
- Median
- 12.69%
- Q1
- 4.41%
- Min
- -8.71%
Largest peers
- VZ
- 25.19%
- TMUS
- 24.01%
- T
- 22.72%
- CHT
- 21.84%
- AMX
- 21.33%
- VOD
- 7.78%
- SPCX
- -41.63%
Profitability Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| ROE (TTM) | 17.20% | 7.35% |
| ROA (TTM) | 5.08% | 2.94% |
| Net Margin (TTM) | 12.46% | 5.02% |
| Operating Margin (TTM) | 25.19% | 12.69% |
| Gross Margin (TTM) | 58.91% | 56.37% |
Growth
Revenue Growth
Verizon Communications (VZ) grew revenue 2.52%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
Verizon Communications (VZ) grew earnings per share -1.93%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.
Growth Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 2.52% | 4.62% |
| Revenue Growth (3Y CAGR) | 0.33% | 3.53% |
| EPS Growth (YoY) | -1.93% | -0.66% |
| EPS Growth (3Y CAGR) | -7.08% | 16.88% |
Financial Strength
Current Ratio (MRQ)
Verizon Communications (VZ) has current ratio of 0.64, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.
VZ
Telecommunication Services industry group
0.64
Group distribution
- Max
- 2.39
- Q3
- 1.66
- Median
- 1.11
- Q1
- 0.92
- VZ
- 0.64
- Min
- 0.25
Largest peers
- CHT
- 1.64
- SPCX
- 1.22
- VOD
- 1.14
- TMUS
- 1.09
- T
- 0.92
- AMX
- 0.72
- VZ
- 0.64
Debt / Equity (MRQ)
Verizon Communications (VZ) has debt-to-equity ratio of 1.92, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
VZ
Telecommunication Services industry group
1.92
Group distribution
- Max
- 3.82
- Q3
- 2.05
- VZ
- 1.92
- Median
- 1.00
- Q1
- 0.66
- Min
- 0.00
Largest peers
- TMUS
- 2.19
- VZ
- 1.92
- AMX
- 1.71
- T
- 1.27
- VOD
- 1.00
- SPCX
- 0.74
- CHT
- 0.10
Financial Strength Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 0.64 | 1.11 |
| Debt / Equity (MRQ) | 1.92 | 1.00 |
| Net Debt / EBITDA | 3.77 | 3.80 |
Dividends
Dividend Yield (TTM)
Verizon Communications (VZ) has dividend yield of 6.36%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.
VZ
Telecommunication Services industry group
6.36%
Group distribution
- Max
- 12.21%
- VZ
- 6.36%
- Q3
- 5.29%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CHT
- 12.21%
- VZ
- 6.36%
- T
- 5.06%
- AMX
- 2.07%
- TMUS
- 2.01%
- VOD
- 0.30%
- SPCX
- 0.00%
Dividend Payout Ratio (TTM)
Verizon Communications (VZ) has payout ratio of 67.44%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.
VZ
Telecommunication Services industry group
67.44%
Group distribution
- Max
- 128.57%
- VZ
- 67.44%
- Q3
- 60.13%
- Median
- 7.71%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- VOD
- 101.44%
- CHT
- 96.91%
- VZ
- 67.44%
- TMUS
- 40.38%
- T
- 37.37%
- AMX
- 36.06%
- SPCX
- 0.00%
Dividend Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 6.36% | 0.00% |
| Dividend Payout Ratio (TTM) | 67.44% | 7.71% |
Valuation
P/E Ratio (TTM)
Verizon Communications (VZ) trades at P/E ratio of 10.60, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.
VZ
Telecommunication Services industry group
10.60
Group distribution
- Max
- 36.00
- Q3
- 20.99
- Median
- 15.81
- VZ
- 10.60
- Q1
- 8.69
- Min
- 2.46
Largest peers
- CHT
- 27.23
- TMUS
- 20.78
- AMX
- 15.81
- VZ
- 10.60
- T
- 7.40
- SPCX
- --
- VOD
- --
P/S Ratio (TTM)
Verizon Communications (VZ) trades at 1.31 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
VZ
Telecommunication Services industry group
1.31
Group distribution
- Max
- 5.15
- Q3
- 2.35
- VZ
- 1.31
- Median
- 0.84
- Q1
- 0.39
- Min
- 0.00
Largest peers
- SPCX
- 84.32
- TMUS
- 2.28
- VZ
- 1.31
- T
- 1.22
- VOD
- 0.87
- CHT
- 0.14
- AMX
- 0.08
P/B Ratio (MRQ)
Verizon Communications (VZ) trades at 1.77 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
VZ
Telecommunication Services industry group
1.77
Group distribution
- Max
- 8.41
- Q3
- 4.02
- VZ
- 1.77
- Median
- 1.60
- Q1
- 0.71
- Min
- 0.01
Largest peers
- SPCX
- 20.74
- CHT
- 10.89
- AMX
- 3.72
- TMUS
- 3.71
- VZ
- 1.77
- T
- 1.41
- VOD
- 1.21
Valuation Metrics
| Metric | Current stock: VZ | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 10.60 | 15.81 |
| P/S Ratio (TTM) | 1.31 | 0.84 |
| P/B Ratio (MRQ) | 1.77 | 1.60 |
| Free Cash Flow Yield (TTM) | 10.73% | 10.73% |