Verizon (VZ)
Major US telecom carrier reporting approximately 116 million Consumer wireless retail connections at 31 December 2025 in its Form 10-K, plus Fios broadband, formed from the Bell Atlantic–GTE merger. Known as a high-dividend stock.
- Legal name
- Verizon Communications Inc.
- Ticker
- VZ
- Exchange
- New York Stock Exchange · MIC XNYS
- Country
- United States
- Sector
- Communication Services
- Industry
- Telecommunications
- Market cap ≈
- $208.2bn — computed, not copied: 4.155bn shares × $50.1 close on 2026-08-28
- Reporting currency
- USD
- Founded
- 2000
- Website
- www.verizon.com
- LEI
- 2S72QS2UO2OESLG6Y829 (GLEIF)
- ISIN
- US92343V1044 (check digit validated)
- FIGI
- BBG001S67QY1 (share class, OpenFIGI)
Graph connections view in graph →
lists_onNew York Stock Exchange
domiciled_inUnited States
member_ofS&P 500
Sector peers — Communication Services
Alphabet · Meta Platforms · Tencent · Netflix · Walt Disney · T-Mobile US
Compare: VZ vs GOOGL · VZ vs META · VZ vs 0700
How this market cap is arrived at
| Shares outstanding | 4,154,775,202 |
| Basis | outstanding |
| As of | 2026-06-30 |
| Source | SEC 10-Q cover page (2026-06-30) |
| Price | 50.1 USD · VZ · close 2026-08-28 |
| Venue | NYSE |
| Market cap | $208.2bn |
US-domiciled, no ADR. Single class. The count was flat at ~4,216-4,218m from early 2025 through the 2025 10-K (2026-01-30) and then fell to 4,175.6m (2026-03-31) and 4,154.8m (2026-06-30) — a new buyback started in 2026, so counts sourced from the FY2025 annual report overstate by ~1.5%. Verizon holds a modest treasury position that is already excluded from the cover figure.
Share counts move on a filing cadence, prices move continuously — so this figure is exact only as of the two dates above, and we publish both rather than a single undated number. Provenance.
Fundamentals
| From the 10-K for the year ended 2025-12-31 | USD | As reported |
|---|---|---|
| Revenueus-gaap:Revenues | $138.2bn | |
| Operating incomeus-gaap:OperatingIncomeLoss | $29.3bn | |
| Net incomeus-gaap:NetIncomeLoss | $17.2bn | |
| Total assetsus-gaap:Assets | $404.3bn | |
| Shareholders' equityus-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | $105.7bn | |
| Cash & equivalentsus-gaap:CashAndCashEquivalentsAtCarryingValue | $19.0bn |
Net margin 12.4% — net income divided by revenue, both from this same filing.
Market cap / net income 12.1× — a market value from 2026-08-28 divided by earnings for a year that ended 2025-12-31. The two dates are far apart on purpose: this is arithmetic on two published numbers, not a valuation.
Every figure above is read from the same 10-K, filed 2026-02-17, and each row names the XBRL tag it came from so it can be checked against the document. Metrics absent from that filing are absent here rather than sourced from a different year — a table mixing periods is individually true and collectively meaningless.
Identifier crosswalk
| Standard | Value | What it answers |
|---|---|---|
| Ticker | VZ | Venue-local shorthand — ambiguous across markets |
| MIC | XNYS | ISO 10383 — the venue |
| ISIN | US92343V1044 | ISO 6166 — the security |
| LEI | 2S72QS2UO2OESLG6Y829 | ISO 17442 — the legal entity |
| FIGI | BBG001S67QY1 | OpenFIGI — instrument, share class |
| CUSIP | 92343V104 | Derived from the US/CA ISIN, check digit verified — licensed identifier, not republished as data |
6 naming systems for one entity — only codes we actually hold are listed, with no gaps filled by guessing. Sources: LEI from GLEIF (CC0), ISIN read from the issuer's own primary listing document, with its ISO 6166 check digit validated, FIGI from OpenFIGI (open standard), MIC from the ISO 10383 registry. CUSIP appears because it is arithmetically embedded in US and Canadian ISINs — we derive and verify it from a code we already hold, and we do not redistribute CUSIP Global Services data. Each linked code opens its reverse-lookup page; the validator checks any code's check digit. seed-0.7 · marketcap-1 · 2026-08-30.
Approximate reference values from public sources · seed-0.7 · marketcap-1 · 2026-08-30 · not real-time. See data & methodology.
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