IncFact
Company Profiles: Revenue, Growth, Competition

VERIZON COMMUNICATIONS Revenue, Growth & Competitor Profile

DBA VERIZON
DBA Verizon Communications Inc. 5.9
Last updated:

Company Awards

 
Public Company
public company
Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Verizon Communications

Access the complete profile.

Verizon Communications Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry517 Telecommunications
Additional NAICS Codes517111
517311
Address1095, Avenue Of The Americas
New York, NY 10036

verizon.com
Note: Revenues for privately held companies are statistical evaluations.


Verizon Communications's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Telecommunications industry.


Verizon Communications's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Verizon Communications Annual Revenue and Growth Rate

Verizon Communications Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Verizon Communications's revenues are gauged from an analysis of company filings.



Verizon Communications's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Verizon Communications Revenue (Sales) Verizon Communications Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Verizon Communications is developing and marketing. Verizon Communications doesn't have any recent trademark applications, indicating Verizon Communications is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
RICHER. DEEPER. BROADER.
Telecommunication and information technology services, namely, transmission of voice, data, images, audio, video, information and other content via a communications network; providing multiple-user access to a communications network
06/02/2005
CHOICE. FLEXIBILITY. CONVERGENCE AT YOUR OWN PACE.
Telecommunications and information technology services, namely, transmission of voice, data, images, audio, video, and information via telephone, television and global communication networks; leasing telecommunications equipment, components, systems and supplies; providing multiple-user access to a global communications network
10/22/2004

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Verizon Communications grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Verizon Communications is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Telecommunications

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Verizon Communications's Largest Competitors

A competitive analysis shows these companies are in the same general field as Verizon Communications, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
AT & TDallas, TX100 
VERIZON COMMUNICATIONSNew York, NY57 
CCO HOLDINGSSaint Louis, MO55 
T-MOBILE USABellevue, WA46 
QUALCOMMSan Diego, CA34 
DIRECTVEl Segundo, CA34 
LUMEN TECHNOLOGIESMonroe, LA15 
NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATIONArlington, VA13 




Nearby Competitors

These companies are similar in business line and location to Verizon Communications. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
VERIZON COMMUNICATIONSNew York, NY100 
NEWSNew York, NY17 
BCM ONENew York, NY1 
MANHATTAN TELECOMMUNICATIONSNew York, NY1 
SHALBAF LLC DBA PARKTEL USANew York, NY0 
PAYFONENew York, NY0 




Future Competition: Verizon Communications's Fastest Growing Competitors

These companies are in the same general field as Verizon Communications and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Verizon Communications Competitors