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VERIZON COMMUNICATIONS INC (VZ) CashFlowFlag INCOMESTATEMENT
Fiscal year ends in December. USD in millions except per sharedata. 2013-12 2014-12 2015-12 2016-12 2017-12 TTM
Revenue 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of revenue 37.24% 39.29% 39.93% 40.82% 40.91% 41.57%
Gross profit 62.76% 60.71% 60.07% 59.18% 59.09% 58.43%
Operating expenses
Sales, General and administrative 22.47% 32.28% 22.78% 25.06% 22.48% 22.90%
Other operating expenses 13.78% 13.01% 12.17% 12.64% 13.45% 13.41%
Total operating expenses 36.25% 45.29% 34.95% 37.70% 35.93% 36.31%
Operating income 26.52% 15.42% 25.12% 21.48% 23.16% 22.11%
Interest Expense 2.21% 3.87% 3.74% 3.47% 3.76% 3.72%
Other income (expense) -0.02% 0.46% 0.08% -1.35% -3.06% -2.16%
Income before taxes 24.29% 12.02% 21.46% 16.66% 16.34% 16.23%
Provision for income taxes 4.75% 2.61% 7.50% 5.86% -7.90% -8.86%
Net income from continuing operations 19.53% 9.41% 13.96% 10.80% 24.24% 25.09%
Other -10.00% -1.83% -0.38% -0.38% -0.36% -0.38%
Net income 9.54% 7.57% 13.58% 10.42% 23.88% 24.71%
Net income available to common shareholders 9.54% 7.57% 13.58% 10.42% 23.88% 24.71%
Earnings per share
Basic 4.01 2.42 4.38 3.22 7.37 7.86
Diluted 4 2.42 4.37 3.21 7.36 7.85
Weighted average shares outstanding
Basic 2866 3974 4085 4080 4084 4116
Diluted 2874 3981 4093 4086 4089 4120
EBITDA 40.27% 28.89% 37.36% 32.78% 33.55% 33.36%

Analyze the financial trends over 5 years of Revenue, netincome, and any other most significant financial performance. Whatimportant information does this analysis provide.

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Patrina Schowalter
Patrina SchowalterLv2
28 Sep 2019

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