First Time Loading...

Verizon Communications Inc
NYSE:VZ

Watchlist Manager
Verizon Communications Inc Logo
Verizon Communications Inc
NYSE:VZ
Watchlist
Price: 40.13 USD 0.88% Market Closed
Updated: Apr 19, 2024

Gross Margin
Verizon Communications Inc

59.1%
Current
58%
Average
47.3%
Industry
Positive for the last year
59.1%
Positive average
58%
Better than average
Better than industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.1%
=
Gross Profit
79.2B
/
Revenue
134B

Gross Margin Across Competitors

Gross Margin Comparison
Verizon Communications Inc Competitors

Country US
Market Cap 168.7B USD
Gross Margin
59%
Country US
Market Cap 116.8B USD
Gross Margin
59%
Country DE
Market Cap 104.3B EUR
Gross Margin
60%
Country JP
Market Cap 14.3T JPY
Gross Margin
0%
Country CN
Market Cap 568.3B CNY
Gross Margin
29%
Country SA
Market Cap 195.6B SAR
Gross Margin
42%
Country FR
Market Cap 28.4B EUR
Gross Margin
0%
Country TW
Market Cap 958B TWD
Gross Margin
36%
Country CA
Market Cap 40.5B CAD
Gross Margin
68%
Country CH
Market Cap 26.5B CHF
Gross Margin
81%
Country SG
Market Cap 38.5B SGD
Gross Margin
49%

Profitability Report

View the profitability report to see the full profitability analysis for Verizon Communications Inc.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.1%
=
Gross Profit
79.2B
/
Revenue
134B
What is the Gross Margin of Verizon Communications Inc?

Based on Verizon Communications Inc's most recent financial statements, the company has Gross Margin of 59.1%.