Verizon Communications Inc. - June 2023 (LTM): Peer Snapshot

Moody's Ratings affirms Verizon's Baa1 rating; outlook stable - Rating Action – 2024/04/26 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Verizon Communications Inc.: Key facts and statistics - 2023 - Issuer Profile – 2024/04/08 – US$ 200.00 – ...Verizon Communications Inc. (Verizon) is a provider of communications, technology, information and entertainment services to retail, corporate and government clients in the US and around the world. In 2023, Verizon reported total revenue of $134.0 billion. Formerly known as Bell Atlantic Corporation (Bell Atlantic), the company started doing business as Verizon in June 2000, following the merger of Bell Atlantic and GTE Corporation (GTE). Since July 2000, Verizon's shares have been listed on the New York Stock Exchange (ticker: VZ) and on the Nasdaq (ticker: VZ) since March 2010. As of 31 December 2023, the company's largest shareholder was The Vanguard Group, which owned 8.33% of its total share capital....

Verizon Communications Inc. - December 2023 (LTM): Peer Snapshot  - Peer Snapshot – 2024/03/13 – US$ 750.00 – Peer Snapshot: Verizon Communications Inc. - December 2023 (LTM) 13 March 2024 (in US millions) FYE Dec-21 FYE Dec-22 LTM Dec-23 FYE Dec-21 FYE Dec-22 LTM Dec-23 FYE Dec-21 FYE Dec-22 LTM Dec-23 Revenue $133,613 $136,835 $133,974 $80,118...

Verizon Communications Inc.: Verizon's Q4 operating results and forward guidance are credit positive - Issuer Comment – 2024/01/24 – US$ 200.00 – ...All ratios are based on Moody's-adjusted financial data Sources: Verizon and Moody's Investors Service...

Verizon Communications Inc. - September 2023 (LTM): Peer Snapshot - Peer Snapshot – 2023/11/21 – US$ 750.00 – Peer Snapshot: Verizon Communications Inc. - September 2023 (LTM) 21 November 2023 (in US millions) FYE Dec-21 FYE Dec-22 LTM Sep-23 FYE Dec-21 FYE Dec-22 LTM Sep-23 FYE Dec-21 FYE Dec-22 LTM Sep-23 Revenue $133,613 $136,835 $134,095...

Verizon Communications Inc.: Update to credit analysis - Credit Opinion – 2023/06/30 – US$ 250.00 – ...Verizon Communications Inc. (Verizon) (Baa1 stable) has a resilient business model, attractive profitability and leading market position as a provider of wireless communications services in the US. Measured by total numbers of postpaid wireless subscribers and wireless service revenue, Verizon accounts for 40% of the US wireless market. Coupled with a best in class network, Verizon's sizable operating scale have enabled the company to achieve attractive subscriber economics and 40% adjusted EBITDA margins (as of LTM Q1'23). Going forward, through continued investments in its extensive network and valuable spectrum positions, we believe Verizon has the opportunity to capture additional revenue share in a saturated communications marketplace. At the same time, the company has sizable outstanding debt and is exposed to the threat of disruptive technologies, and the competitive intensity in the communications industry. For the next two years, we project total industry revenue growth will remain...

Verizon Communications Inc. - March 2023 (LTM): Peer Snapshot - Peer Snapshot – 2023/05/25 – US$ 750.00 – Peer Snapshot: Verizon Communications Inc. - March 2023 (LTM) 25 May 2023 (in US millions) FYE Dec-21 FYE Dec-22 LTM Mar-23 FYE Dec-21 FYE Dec-22 LTM Mar-23 FYE Dec-21 FYE Dec-22 LTM Mar-23 Revenues $133,613 $136,835 $136,193 $80,118...

Verizon Communications Inc.: Key facts and statistics - 2022 - Issuer Profile – 2023/04/13 – US$ 200.00 – ...Verizon Communications Inc. (Verizon) is a provider of communications, technology, information and entertainment services to retail, corporate and government clients in the US and around the world. In the fiscal year that ended 31 December 2022 (2022), Verizon reported total revenue of $136.8 billion. Formerly known as Bell Atlantic Corporation (Bell Atlantic), the company started doing business as Verizon in June 2000, following the merger of Bell Atlantic and GTE Corporation (GTE). Verizon's shares have been listed on the New York Stock Exchange (Ticker: VZ) since July 2000 and on the Nasdaq (Ticker: VZ) since March 2010. As of 31 December 2022, the company's largest shareholder was The Vanguard Group, which owned 8.44% of its total share capital....

Verizon Communications Inc. - December 2022 (LTM): Peer Snapshot - Peer Snapshot – 2023/03/14 – US$ 750.00 – Peer Snapshot: Verizon Communications Inc. - December 2022 (LTM) 14 March 2023 (in US millions) FYE Dec-20 FYE Dec-21 LTM Dec-22 FYE Dec-20 FYE Dec-21 LTM Dec-22 FYE Dec-20 FYE Dec-21 LTM Dec-22 Revenues $128,292 $133,613 $136,835 $68,397...

Verizon Communications Inc.: Update to credit analysis following affirmation of Baa1 with stable outlook - Credit Opinion – 2022/12/20 – US$ 250.00 – ...Verizon Communications Inc.'s (Verizon) credit profile reflects its significant scale, extensive assets, predictable cash flow and strong market position, including its leading position in the US wireless market. The company has consistently demonstrated the ability, willingness and discipline to maintain capital investment intensity sufficient to improve network infrastructure to defend its market position against disruptive technology, shifting consumer demand and intense competition. Verizon has historically grown EBITDA with steady improvements in network and operational performance, as well as from cost reduction initiatives. However, current wireless industry competitive dynamics suggest Verizon's ability to achieve higher revenue and EBITDA growth levels may be more difficult in a slowing economy. Free cash flow growth will be aided by declining capital intensity beginning in 2023, but steady EBITDA growth sufficient enough to drive debt leverage (Moody's adjusted) steadily towards...