Finances

Finances[edit]

For the fiscal year 2019, Verizon reported earnings of US$19.265 billion, with an annual revenue of US$131.868 billion, an increase of 0.77% over the previous fiscal cycle. Verizon's shares traded at over $45 per share, and its market capitalization was valued at over US$229.1 billion in October 2018.[147] For more than 20 years, Verizon has been in the top 20 in the Fortune 500 listings of corporations in the United States by total revenue.[148]

YearRevenue
in mil. US$
Net income
in mil. US$
Total Assets
in mil. US$
Price per Share
in US$
Employees
200569,5187,397168,13033.85
200688,1826,197188,80434.05
200793,4695,521186,95941.22
200897,354−2,193202,35234.90
2009107,8084,894226,90730.46
2010106,5652,549220,00530.41
2011110,8752,404230,46136.64
2012115,846875225,22242.00
2013120,55011,497274,09848.66176,800
2014127,0799,625232,61648.61177,300
2015131,62017,879244,17547.17177,700
2016125,98013,127244,18051.40160,900
2017126,03430,101257,14348.24155,400
2018130,86315,528264,82952.08144,500
2019131,86819,265291,72758.06135,000
2020128,29218,348316,48158.75132,200

States[edit]

See also: Verizon FiOS

The company offers Internet, traditional landline phone or VoIP, Home Security, Premium Television, Web Hosting and wholesale data in nine states footprint across the eastern United States.[149][150][151]

Key markets include
  • Delaware
  • Maryland
    • Baltimore, MD
    • Salisbury, MD
  • Massachusetts (Eastern)
    • Boston, MA
  • New Jersey
  • New York
    • Albany, NY
    • Auburn, NY
    • Binghamton, NY
    • Buffalo, NY
    • Long Island, NY
    • New York City
    • Plattsburgh, NY
    • Staten Island, NY
    • Syracuse, NY
  • Pennsylvania
    • Harrisburg, PA
    • Philadelphia, PA
    • Pittsburgh, PA
  • Rhode Island
    • Providence, RI
  • Virginia
    • Norfolk, VA
    • Richmond, VA
  • Washington, DC

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