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Verizon Communications Inc
NYSE:VZ

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Verizon Communications Inc Logo
Verizon Communications Inc
NYSE:VZ
Watchlist
Price: 40.03 USD -0.2%
Updated: Apr 16, 2024

ROIC
Return on Invested Capital

6.1%
Current
7%
Average
4.3%
Industry
Positive for the last year
6.1%
Positive average
7%
Worse than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
6.1%
=
NOPAT
21.5B
/
Invested Capital
355.5B

ROIC Across Competitors

ROIC Comparison
Verizon Communications Inc Competitors

Country US
Market Cap 168.6B USD
ROIC
6%
Country US
Market Cap 116.1B USD
ROIC
5%
Country DE
Market Cap 104.9B EUR
ROIC
6%
Country JP
Market Cap 14.5T JPY
ROIC
6%
Country CN
Market Cap 563.7B CNY
ROIC
5%
Country SA
Market Cap 193.1B SAR
ROIC
14%
Country TW
Market Cap 969.7B TWD
ROIC
8%
Country CA
Market Cap 40.7B CAD
ROIC
6%
Country FR
Market Cap 27.7B EUR
ROIC
4%
Country CH
Market Cap 26.6B CHF
ROIC
8%
Country SG
Market Cap 38.3B SGD
ROIC
3%

Profitability Report

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

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
6.1%
=
NOPAT
21.5B
/
Invested Capital
355.5B
What is the ROIC of Verizon Communications Inc?

Based on Verizon Communications Inc's most recent financial statements, the company has ROIC of 6.1%.