16 of 500
Verizon Communications
Verizon Communications
16
Financials: Latest Results
Rank: 16
Previous rank: 15
CEO: Lowell C. McAdam

The telecom giant continued to gain wireless customers as it expanded its 4G LTE mobile broadband network, the largest one in the country. The service is now available to 273 million people, almost 90 percent of the population. Capitalizing on the network expansion, Verizon Wireless added eight 4G LTE smartphones and three tablets to its list of devices in Q4, notably benefitting from the launch of the Apple's new iPad, the iPad mini and of course iPhone 5, the only Apple handset that supports LTE. The company’s FiOS Internet and FiOS TV also expanded, passing 17.6 million premises at year-end 2012.

Headquarters:
140 West St.
New York, NY. 10007
212-395-1000
Website: www.verizon.com
Network with Verizon Communications
Key financials
$ millions
% change from 2011
Revenues
115,846
4.5
Profits
875
-63.6
Assets
225,222
Stockholder's equity
33,157
Market cap (on 3/29/2013)
140,484.2
Profits as % of
Revenues
0.8
Assets
0.4
Stockholders' equity
2.6
Earnings per share
2012$
0.31
% change from 2011
-63.5
2002-2012 annual growth rate %
-14.5
Total return to investors
%
2012
13.1
2002-2012 annual rate
7.4
From the May 20, 2013 issue


What do you think of Verizon Communications?
Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. More
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