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 September 2023 (TTM): 20.69%
According to Verizon's latest financial reports and stock price the company's current Operating Margin is 20.69%. At the end of 2022 the company had an Operating Margin of 20.66%.
Operating Margin history for Verizon from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 20.66% | -6.17% |
| 2021 | 22.02% | 17.86% |
| 2020 | 18.68% | 8.37% |
| 2019 | 17.24% | 14.97% |
| 2018 | 15.00% | -8.23% |
| 2017 | 16.34% | -1.91% |
| 2016 | 16.66% | -22.36% |
| 2015 | 21.46% | 78.56% |
| 2014 | 12.02% | -50.52% |
| 2013 | 24.29% | 184.27% |
| 2012 | 8.54% | -9.64% |
| 2011 | 9.45% | -20.57% |
| 2010 | 11.90% | 10.93% |
| 2009 | 10.73% | 7.04% |
| 2008 | 10.02% | -35.58% |
| 2007 | 15.56% | 12.5% |
| 2006 | 13.83% | -23.9% |
| 2005 | 18.18% | 3.47% |
| 2004 | 17.57% | 87.59% |
| 2003 | 9.36% | 2.1% |
| 2002 | 9.17% | 122.78% |
| 2001 | 4.12% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 30.20% | 45.96% | 🇺🇸 USA |
 AT&T T | -3.30% | -115.95% | 🇺🇸 USA |
 T-Mobile US TMUS | 3.95% | -80.91% | 🇺🇸 USA |
 Vodafone VOD | 28.04% | 35.52% | 🇬🇧 UK |
 Spok Holdings
SPOK | 12.19% | -41.08% | 🇺🇸 USA |
 Shentel SHEN | -1.78% | -108.60% | 🇺🇸 USA |
 U.S. Cellular
USM | 1.72% | -91.69% | 🇺🇸 USA |
 Telephone and Data Systems
TDS | 0.74% | -96.42% | 🇺🇸 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.