Verizon Revenues And Revenue Growth From 2012 To 2016

This report provides the last five years revenues and revenue growth of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon generated a total of $126 billion revenues during 2016. Verizon reported a revenue growth of -4.3% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

Verizon Revenues From 2012 To 2016

Here are the revenues and the revenue growth details of Verizon during the last five years:

  • Verizon generated a total of $115.8 billion revenues during 2012. Verizon reported a revenue growth of 4.5% year-over-year during 2012.
  • Verizon generated a total of $120.6 billion revenues during 2013. Verizon reported a revenue growth of 4.1% year-over-year during 2013.
  • Verizon generated a total of $127.1 billion revenues during 2014. Verizon reported a revenue growth of 5.4% year-over-year during 2014.
  • Verizon generated a total of $131.6 billion revenues during 2015. Verizon reported a revenue growth of 3.6% year-over-year during 2015.
  • Verizon generated a total of $126 billion revenues during 2016. Verizon reported a revenue growth of -4.3% year-over-year during 2016.

Why Analyze Revenue Growth?

Revenue growth is the most commonly analyzed financial metric. Revenue Growth is the percent increase (or decrease) of a company's revenue between two time periods. It is computed by using the following formula: ((revenues during the time period two - revenues during the time period one) / revenues during the time period one)*100. If the time periods are two consecutive years, then the revenue growth is referred to as the annual revenue growth year-over-year. If the time periods are two consecutive quarters, then the revenue growth is referred to as the quarterly revenue growth quarter-over-quarter. If the time periods refer to the same quarter in the two consecutive years, then the revenue growth is referred to as quarterly revenue growth year-over-year. In case the time periods are two non-consecutive years, then the revenue CAGR (Commutative Annual Growth Rate) is computed.

Revenue growth analysis is important for a number of reasons. First, it helps in understanding how a business is performing. If the revenue growth rates are positive, it means the business is performing well and the revenues are increasing. If the revenue growth rates are negative, it means the revenues are declining and the company needs to take measures to increase them. If they don't, the company will continue to shrink. Second, a company's historical revenue growth analysis along with the market size and market share analysis helps in forecasting the future revenues of a company. Third, a comparison of a company's growth rates with its competitors helps in determining who is winning more business. A revenue growth higher than the industry average translates into increasing market share. Companies with very high revenue growth rates have the potential to be the industry disrupters.

Verizon Ranking

With $126 billion revenues, Verizon ranked number 13 in the R&P Research list of top-3000 public companies in the US by revenues during 2016. Each one of the top-3000 companies generated more than $50 million of annual revenues during 2016.

The top-20 companies in the US by revenues during 2016 were:

  1. Walmart ($482.1 billion)
  2. ExxonMobil ($226.1 billion)
  3. Berkshire Hathaway ($223.6 billion)
  4. Apple ($215.6 billion)
  5. McKesson ($190.9 billion)
  6. UnitedHealth Group ($184.8 billion)
  7. CVS Health ($177.5 billion)
  8. General Motors ($166.4 billion)
  9. AT&T ($163.8 billion)
  10. Ford Motor ($151.8 billion)
  11. AmerisourceBergen ($146.8 billion)
  12. Amazon ($136 billion)
  13. Verizon ($126 billion)
  14. General Electric ($123.7 billion)
  15. Cardinal Health ($121.5 billion)
  16. Costco ($118.7 billion)
  17. Walgreens Boots Alliance ($117.4 billion)
  18. Chevron ($114.5 billion)
  19. Kroger ($109.8 billion)
  20. Express Scripts Holding ($100.3 billion)

For the purpose of performance benchmarking of a company with a sector or industry average, R&P Research associates every company with one sector and one industry. An industry consists of companies with related/similar business models. A sector comprises of a group of related/similar industries. For example, Life Sciences sector is comprised of following industries: Pharmaceuticals; Medical Devices; Biotechnology; Diagnostics & Scientific Instruments.

Verizon is associated with Telecommunications Sector and Telecom Services Industry.

With $126 billion revenues, Verizon ranked number 2 of all the companies in the US Telecommunications sector. There were a total of 63 public companies in the US Telecommunications sector that had revenues greater than $50 million during 2016.

The top-10 companies in the US Telecommunications sector by revenues during 2016 were:

  1. AT&T ($163.8 billion)
  2. Verizon ($126 billion)
  3. T-Mobile US ($37.2 billion)
  4. Sprint ($32.2 billion)
  5. Charter Communications ($29 billion)
  6. Liberty Global ($20 billion)
  7. CenturyLink ($17.5 billion)
  8. Dish Network ($15.1 billion)
  9. Frontier Communications ($8.9 billion)
  10. Level 3 Communications ($8.2 billion)

Telecommunications sector is comprised of the following industries: Telecom Services; Communication Equipment. The definitions for each of the industries is as follows:

  • Telecom Services industry includes providers of fixed-line and mobile telephone services.
  • Communication Equipment industry includes providers of communication equipment to the telecom service providers. It also includes companies that own, operate, and lease mobile site towers to multiple wireless services providers.

With $126 billion revenues, Verizon ranked number 2 of all the companies in the US Telecom Services industry. There were a total of 36 public companies in the US Telecom Services industry that had revenues greater than $50 million during 2016.

The top-10 companies in the US Telecom Services industry by revenues during 2016 were:

  1. AT&T ($163.8 billion)
  2. Verizon ($126 billion)
  3. T-Mobile US ($37.2 billion)
  4. Sprint ($32.2 billion)
  5. Charter Communications ($29 billion)
  6. Liberty Global ($20 billion)
  7. CenturyLink ($17.5 billion)
  8. Dish Network ($15.1 billion)
  9. Frontier Communications ($8.9 billion)
  10. Level 3 Communications ($8.2 billion)

Companies Segmentation

To identify and analyze high/low growth or most/least profitable similar-size companies in different sectors or industries, R&P research classifies all companies into different segments based upon their revenues, revenue growth, and net profit margins.

Based upon their annual revenues, the companies are classified into one of the following four segments:

  1. Mega companies, having revenues greater than $50 billion.
  2. Very Large companies, having revenues between $10 billion and $50 billion.
  3. Large companies, having revenues between $1 billion and $10 billion.
  4. Mid-size companies, having revenues between $50 million and $1 billion.

With $126 billion revenues, Verizon was in the Mega companies revenue segment during 2016. There were a total of 54 companies in the Mega companies revenue segment during 2016.

Based upon their annual revenue growth, the companies are classified into one of the following eight segments:

  1. Very High positive growth companies, having annual revenue growth greater than 50%.
  2. High positive growth companies, having annual revenue growth between 20% and 50%.
  3. Medium positive growth companies, having annual revenue growth between 5% and 20%.
  4. Low positive growth companies, having annual revenue growth between 0% and 5%.
  5. Low negative growth companies, having annual revenue growth between -5% and 0%.
  6. Medium negative growth companies, having annual revenue growth between -20% and -5%.
  7. High negative growth companies, having annual revenue growth between -50% and -20%.
  8. Very High negative growth companies, having annual revenue growth less than -50%.

With -4.3% revenue growth year-over-year, Verizon was in the Low negative revenue growth segment during 2016. There were a total of 384 companies in the Low negative revenue growth segment during 2016. Of the US top-3000 companies, 1985 (nearly two-third of the total) had positive revenue growth and 1015 (nearly one-third of the total) had negative revenue growth during 2016.

Based upon their annual net profit margin, the companies are classified into one of the following eight segments:

  1. Very High positive margin companies, having net profit margin greater than 50%.
  2. High positive margin companies, having net profit margin between 20% and 50%.
  3. Medium positive margin companies, having net profit margin between 5% and 20%.
  4. Low positive margin companies, having net profit margin between 0% and 5%.
  5. Low negative margin companies, having net profit margin between -5% and 0%.
  6. Medium negative margin companies, having net profit margin between -20% and -5%.
  7. High negative margin companies, having net profit margin between -50% and -20%.
  8. Very High negative margin companies, having net profit margin less than -50%.

With a net margin of 10.4%, Verizon was in the Medium positive net profit margin segment during 2016. There were a total of 1086 companies in the Medium positive net profit margin segment during 2016. Of the US top-3000 companies, 2244 (nearly three-fourth of the total) had positive net profit margin and 756 (nearly one-fourth of the total) had negative net profit margin during 2016.

Company Business Summary

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2016, it had 114.2 million retail connections. The company's Wireline segment offers high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as Voice over Internet protocol services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services that include collocation and managed hosting services; cloud services, which comprise computing, storage, backup, recovery, and application platforms; and business communications services. This segment also provides data security, voice and data, cloud and IT, business communications, IoT, and mobility services; and data, voice, local dial tone, and broadband services primarily to local, long distance, wireless, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York City, New York.

Data Source

The chart and the data on this page are sourced from the R&P Research Industry Intelligence Platform. The platform provides the key financial metrics for all the public companies in the United States. The platform empowers users to compare last five or 15 years financial data of a company with the other companies or the industry averages. This benchmarking exercise yields powerful insights that can drive better business decisions.


Industry Peers and Competitors of Verizon

AT&T (T) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

AT&T Inc. with $164 billion revenues in the year 2016 was the number 1 Telecom Services company. Read this report to know the top competitors of AT&T and identify growth and cost optimization opportunities of AT&T

T-Mobile US (TMUS) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

T-Mobile US, Inc. with $37 billion revenues in the year 2016 was the number 3 Telecom Services company. Read this report to know the top competitors of T-Mobile US and identify growth and cost optimization opportunities of T-Mobile US

Sprint (S) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

Sprint Corp with $32 billion revenues in the year 2016 was the number 4 Telecom Services company. Read this report to know the top competitors of Sprint and identify growth and cost optimization opportunities of Sprint

Charter Communications (CHTR) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

Charter Communications, Inc. with $29 billion revenues in the year 2016 was the number 5 Telecom Services company. Read this report to know the top competitors of Charter Communications and identify growth and cost optimization opportunities of Charter Communications

Liberty Global (LBTYA) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

Liberty Global Plc with $20 billion revenues in the year 2016 was the number 6 Telecom Services company. Read this report to know the top competitors of Liberty Global and identify growth and cost optimization opportunities of Liberty Global

CenturyLink (CTL) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

CenturyLink, Inc with $17 billion revenues in the year 2016 was the number 7 Telecom Services company. Read this report to know the top competitors of CenturyLink and identify growth and cost optimization opportunities of CenturyLink

Revenues Analysis

Verizon (VZ) Revenues And Revenue Growth From 2012 To 2016

This report provides the last five years revenues and revenue growth of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon generated a total of $126 billion revenues during 2016. Verizon reported a revenue growth of -4.3% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

Verizon (VZ) Revenues And Revenue Growth From 2002 To 2016

This report provides the last fifteen years revenues and revenue growth of Verizon Communications Inc (VZ) from 2002 to 2016. Verizon generated a total of $126 billion revenues during 2016. Verizon reported a revenue growth of -4.3% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

Verizon (VZ) Revenue Growth Comparison With Industry Growth From 2012 To...

This report provides a comparison of Verizon Communications Inc (VZ) revenue growth with Telecom Services industry growth during the last five years from 2012 to 2016. Verizon reported a revenue growth of -4.3% year-over-year during 2016. The Telecom Services industry growth was 8.6% year-over-year during 2016. Verizon growth was slower than the industry during 2016.

Profit Analysis

Verizon (VZ) Net Profit And Net Margin From 2012 To 2016

This report provides the last five years net profit and net margin of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon reported a total net income of $13.1 billion during 2016. Verizon generated a total of $126 billion revenues during 2016. Verizon net profit margin was 10.4% during 2016. The net profit and the net profit margin correspond to the fiscal year ending in December.

Verizon (VZ) Net Profit And Net Margin From 2002 To 2016

This report provides the last fifteen years net profit and net margin of Verizon Communications Inc (VZ) from 2002 to 2016. Verizon reported a total net income of $13.1 billion during 2016. Verizon generated a total of $126 billion revenues during 2016. Verizon net profit margin was 10.4% during 2016. The net profit and the net profit margin correspond to the fiscal year ending in December.

Verizon (VZ) Net Profit Margin Comparison With Industry From 2012 To...

This report provides a comparison of Verizon Communications Inc (VZ) net profit margin with Telecom Services industry net profit margin during the last five years from 2012 to 2016. Verizon reported a net profit margin of 10.4% during 2016. The Telecom Services industry net profit margin was 6.9% during 2016. Verizon was more profitable than the industry during 2016.

Cost & Expenses Analysis

Verizon (VZ) Cost of Sales (COGS) Analysis From 2012 To 2016

This report provides the last five years cost of sales (COGS) analysis of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon spent a total of $51.4 billion on COGS during 2016. Verizon generated a total of $126 billion revenues during 2016. As a percentage of revenues, Verizon spent 40.8% of its total revenues on COGS during 2016. The cost of sales (COGS) numbers are for the fiscal year ending in December.

Verizon (VZ) Research & Development (R&D) Spending Analysis 2016

R&D spending analysis for Verizon is not available because either the company does not provide the data or we don't have it.

Verizon (VZ) Sales, Marketing, General & Administrative (SG&A) Spending Analysis From...

This report provides the last five years sales, marketing, general & administrative (SG&A) expenses of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon spent a total of $31.6 billion on sales, marketing, general, and administrative (SG&A) activities during 2016. Verizon generated a total of $126 billion revenues during 2016. As a percentage of revenues, Verizon spent 25.1% of its total revenues on SG&A activities during 2016. The SG&A spending numbers are for the fiscal year ending in December.

Working Capital Analysis

Verizon (VZ) Inventory Spending Analysis From 2012 To 2016

This report provides the last five years inventory spending analysis of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon invested a total of $1.2 billion on inventories during 2016. Verizon generated a total of $126 billion revenues during 2016. As a percentage of revenues, Verizon invested 1% of its total revenues on inventories during 2016. The inventory numbers are for the fiscal year ending in December.

Verizon (VZ) Accounts Receivable (A/R) Analysis From 2012 To 2016

This report provides the last five years Accounts Receivable (A/R) analysis of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon invested a total of $17.5 billion on accounts receivable during 2016. Verizon generated a total of $126 billion revenues during 2016. As a percentage of revenues, Verizon invested 13.9% of its total revenues on accounts receivable during 2016. The accounts receivable numbers are for the fiscal year ending in December.

Verizon (VZ) Accounts Payable (A/P) Analysis From 2012 To 2016

This report provides the last five years Accounts Payable (A/P) analysis of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon invested a total of $19.6 billion on accounts payable during 2016. Verizon generated a total of $126 billion revenues during 2016. As a percentage of revenues, Verizon invested 15.6% of its total revenues on accounts payable activities during 2016. The accounts payable numbers are for the fiscal year ending in December.

Asset Management Analysis

Verizon (VZ) Property, Plant & Equipment (PP&E) Investment Analysis From 2012...

This report provides the last five years property, plant & equipment (PP&E) investment analysis of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon invested a total of $84.8 billion on property, plant & equipment (PP&E) activities during 2016. Verizon generated a total of $126 billion revenues during 2016. As a percentage of revenues, Verizon invested 67.3% of its total revenues on PP&E activities during 2016. The PP&E investment numbers are for the fiscal year ending in December.

Verizon (VZ) Intangible Assets Analysis From 2012 To 2016

This report provides the last five years Intangible assets analysis of Verizon Communications Inc (VZ) from 2012 to 2016. Verizon invested a total of $122.8 billion on Intangible assets during 2016. Verizon generated a total of $126 billion revenues during 2016. As a percentage of revenues, Verizon invested 97.5% of its total revenues on intangible assets during 2016. The Intangible asset numbers are for the fiscal year ending in December.

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