Fact Sheet
Verizon Communications Inc.
(NYSE, Nasdaq: VZ)
Verizon powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security.
Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023.
Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more information, visit verizon.com or find a retail location at verizon.com/stores/.
Fast facts
As of June 30, 2024
Chairman and CEO: Hans Vestberg
2023 revenue: $134.0 billion
2023 dividends paid:
$11.0 billion, 17th consecutive year of dividend increases
Fortune rank: 31
Stock symbol: VZ (NYSE & Nasdaq)
Fortune 500 customers served: 99 percent
Countries served: 150+
Key financials
Through June 30, 2024
$2.18
Reported diluted earnings per share
$16.6 billion
Net cash provided by operating activities
$8.1 billion
Capital expenditures
$0.6650
Quarterly dividends per share as of 2Q24
4.2 billion
Shares outstanding
Employees
#8
LinkedIn Best Workplace
#2 military-friendly company
Military-friendly company on the 2024 Military Friendly
Scored 100%
on Disability Equality Index
Verizon Consumer Group
Through June 30, 2024
114.2 million
wireless retail connections
94.0 million
wireless retail postpaid connections
9.5 million
broadband connections, including 7.0 million Fios Internet connections
20.3
wireless retail prepaid connections
$24.9 billion
in total revenue in 2Q24
Verizon Business Group
As of June 30, 2024
30.2 million
wireless postpaid retail connections
2.0 million
broadband connections
160,000
fixed wireless net additions in 2Q24
$7.3 billion
in total revenue in 2Q24
40K+
public safety agencies subscribed to Verizon Frontline
Global Network and Technology
As of June 30, 2024
Over 250 million
people covered by C-Band 99%
99%
U.S. population covered by 4G LTE
Over 1 million
miles of global fiber
Corporate Responsibility
Climate, human prosperity and digital inclusion goals:
- Net-zero operational (scope 1 and 2) emissions by 2035
- Source renewable energy equivalent to 50% of our annual electricity usage by 2025 and 100% by 2030
- Provide 10 million youths with digital skills training by 2030
- Provide 1 million small businesses with resources to help them thrive in the digital economy by 2030
- Prepare 500,000 individuals for jobs of the future by 2030
Verizon spent more than $54.3 billion with diverse suppliers over the past 10 years