Verizon
VZ
#80
Rank
HK$1.354 T
Marketcap
HK$321.65
Share price
-1.83%
Change (1 day)
14.51%
Change (1 year)

Verizon Communications Inc., or Verizon for short, is an American telecommunications company headquartered in New York City.

Verizon was founded on June 30, 2000 and is registered in Delaware, resulting from the merger of Bell Atlantic Corporation and GTE Corporation (formerly General Telephone & Electronics Corporation).

Operating Margin for Verizon (VZ)

Operating Margin as of November 2024 (TTM): 12.27%

According to Verizon's latest financial reports and stock price the company's current Operating Margin is 12.27%. At the end of 2023 the company had an Operating Margin of 12.68%.

Operating Margin history for Verizon from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202312.68%-38.63%
202220.66%-6.17%
202122.02%17.86%
202018.68%8.37%
201917.24%14.97%
201815.00%-8.23%
201716.34%-1.91%
201616.66%-22.36%
201521.46%78.56%
201412.02%-50.52%
201324.29%184.27%
20128.54%-9.64%
20119.45%-20.57%
201011.90%-5.09%
200912.54%643.09%
20081.69%-89.15%
200715.56%12.55%
200613.83%-16.05%
200516.47%5.07%
200415.67%69.04%
20039.27%-17.47%
200211.24%123.35%
20015.03%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.62% 19.15%๐Ÿ‡บ๐Ÿ‡ธ USA
14.00% 14.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.16%-150.20%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.76%-171.39%๐Ÿ‡บ๐Ÿ‡ธ USA
2.84%-76.85%๐Ÿ‡บ๐Ÿ‡ธ USA
28.04% 128.52%๐Ÿ‡ฌ๐Ÿ‡ง UK
15.41% 25.59%๐Ÿ‡บ๐Ÿ‡ธ USA
29.67% 141.81%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.