Verizon Communications Inc.

XTRA:BAC Stock Report

Market Cap: €164.0b

Verizon Communications Past Earnings Performance

Past criteria checks 0/6

Verizon Communications's earnings have been declining at an average annual rate of -5.9%, while the Telecom industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 0.8% per year. Verizon Communications's return on equity is 10.5%, and it has net margins of 7.3%.

Key information

-5.9%

Earnings growth rate

-6.3%

EPS growth rate

Telecom Industry Growth36.3%
Revenue growth rate0.8%
Return on equity10.5%
Net Margin7.3%
Next Earnings Update24 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Verizon Communications makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XTRA:BAC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24134,2379,79632,2400
30 Jun 24134,24311,25232,2380
31 Mar 24134,04311,30731,8430
31 Dec 23133,97411,61431,2990
30 Sep 23134,09520,89630,7020
30 Jun 23135,00021,03430,2900
31 Mar 23136,19321,58529,7250
31 Dec 22136,83521,25629,1050
30 Sep 22135,65119,29228,4190
30 Jun 22134,32520,79927,1950
31 Mar 22134,30021,40026,8710
31 Dec 21133,61322,06524,4410
30 Sep 21134,23822,04027,8160
30 Jun 21132,86619,99028,7890
31 Mar 21129,54918,89028,6870
31 Dec 20128,29217,80128,9820
30 Sep 20128,37518,30828,8350
30 Jun 20129,72619,14528,8200
31 Mar 20131,35018,38929,1280
31 Dec 19131,86819,26529,1430
30 Sep 19131,37416,10928,3120
30 Jun 19131,08715,83928,1440
31 Mar 19131,21916,01527,7210
31 Dec 18130,86315,52828,3150
30 Sep 18130,53732,25827,7480
30 Jun 18129,64730,95427,9870
31 Mar 18127,99231,19626,1410
31 Dec 17126,03430,10126,4330
30 Sep 17124,41915,92726,2200
30 Jun 17123,63915,92726,5500
31 Mar 17123,62312,26727,8420
31 Dec 16125,98013,12727,5110
30 Sep 16127,89414,02326,7860
30 Jun 16130,11514,44127,3240
31 Mar 16131,80717,97029,0960
31 Dec 15131,62017,87932,4960
30 Sep 15130,55810,25740,2370
30 Jun 15128,9869,91440,5470
31 Mar 15128,2459,89740,1230
31 Dec 14127,0799,62540,4850
30 Sep 14124,95216,92327,0160
30 Jun 14123,64515,46026,7760
31 Mar 14121,94813,49227,2730
31 Dec 13120,55011,49727,0890

Quality Earnings: BAC has a large one-off loss of $9.6B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: BAC's current net profit margins (7.3%) are lower than last year (15.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BAC's earnings have declined by 5.9% per year over the past 5 years.

Accelerating Growth: BAC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BAC had negative earnings growth (-53.1%) over the past year, making it difficult to compare to the Telecom industry average (4.4%).

Return on Equity

High ROE: BAC's Return on Equity (10.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 13:36
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Verizon Communications Inc. is covered by 77 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Joseph BonnerArgus Research Company
Christopher WattsAtlantic Equities LLP