Verizon Communications Inc. (VZ) quarterly balance sheet — complete assets, liabilities & equity history
Verizon Communications Inc. (VZ) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Assets | 410.19B | 417.88B | 404.26B | 388.33B | 383.29B | 380.36B | 384.71B | 381.16B | 379.15B | 380.16B | 380.25B | 384.83B | 379.95B | 377.72B | 379.68B | 375.09B | 370.15B | 365.72B | 366.6B | 353.46B |
| Asset Growth % | 7.02% | 9.86% | 5.08% | 1.88% | 1.09% | 0.05% | 1.17% | -0.95% | -0.21% | 0.65% | 0.15% | 2.6% | 2.65% | 3.28% | 3.57% | 6.12% | 6% | 5.83% | 15.84% | 19.01% |
| PP&E (Net) | 148.66B | 125.97B | 361.49B | 108.47B | 132.02B | 107.92B | 132.99B | 131.14B | 131.95B | 132.21B | 133.04B | 132.58B | 132.62B | 132.93B | 133.56B | 129.59B | 128.41B | 127.34B | 127.58B | 123.72B |
| PP&E / Total Assets % | 36.24% | 30.15% | 89.42% | 27.93% | 34.44% | 28.37% | 34.57% | 34.41% | 34.8% | 34.78% | 34.99% | 34.45% | 34.9% | 35.19% | 35.18% | 34.55% | 34.69% | 34.82% | 34.8% | 35% |
| Total Current Assets | 37.57B | 44.72B | 56.92B | 44.01B | 38.85B | 37.35B | 40.52B | 40.64B | 38.06B | 37.96B | 36.81B | 38.12B | 37.39B | 35.72B | 37.86B | 39.75B | 37.5B | 35.58B | 36.73B | 40.28B |
| Cash & Equivalents | 1.75B | 8.37B | 19.05B | 7.71B | 3.44B | 2.26B | 4.19B | 4.99B | 2.43B | 2.37B | 2.06B | 4.21B | 4.8B | 2.23B | 2.6B | 2.08B | 1.86B | 1.66B | 2.92B | 9.94B |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 2.04B | 2.32B | 2.44B | 2.7B | 2.14B | 2.2B | 2.25B | 2.52B | 1.84B | 2.08B | 2.06B | 2.24B | 1.9B | 2.38B | 2.39B | 3.13B | 3.65B | 3.66B | 3.06B | 2.3B |
| Other Current Assets | 7.3B | 0 | 7.09B | 0 | 6.97B | -1.17B | 5.04B | 7.18B | 8.18B | 8.2B | 5.65B | 8.07B | 7.5B | 8.25B | 5.91B | 0 | 0 | 0 | 5.79B | 0 |
| Long-Term Investments | 783M | 730M | 785M | 799M | 15.48B | 13.09B | 842M | 867M | 908M | 941M | 953M | 929M | 1.01B | 1.05B | 1.07B | 1.08B | 1.11B | 1.07B | 1.06B | 1.1B |
| Goodwill | 30.66B | 30.63B | 22.84B | 22.84B | 22.84B | 22.84B | 22.84B | 22.84B | 22.84B | 22.84B | 22.84B | 28.64B | 28.65B | 28.67B | 28.67B | 28.55B | 28.64B | 28.63B | 28.6B | 24.89B |
| Intangible Assets | 170.48B | 169.88B | 10.46B | 10.52B | 10.63B | 167.57B | 167.74B | 167.16B | 166.97B | 166.95B | 166.72B | 166.42B | 162.43B | 161.73B | 161.26B | 160.49B | 160.01B | 159.51B | 159.3B | 152.79B |
| Other Assets | 22.04B | 45.95B | -48.24B | 201.7B | 163.46B | 31.58B | 19.77B | 18.52B | 18.41B | 19.26B | 19.89B | 18.15B | 17.86B | 17.6B | 17.26B | 15.63B | 14.48B | 13.58B | 13.33B | 10.68B |
| Total Liabilities | 304.99B | 313.26B | 298.52B | 281.99B | 278.92B | 278.33B | 284.14B | 283.5B | 281.61B | 284.43B | 286.46B | 285.74B | 283.45B | 283.5B | 287.22B | 286.31B | 282.79B | 280.54B | 283.4B | 274.97B |
| Total Debt | 188.46B | 195.87B | 200.59B | 170.45B | 169.89B | 167.71B | 168.36B | 174.2B | 172.98B | 175.63B | 174.94B | 172.07B | 177.65B | 178.33B | 176.33B | 174.04B | 175.57B | 180.16B | 177.93B | 178.09B |
| Net Debt | 186.71B | 187.51B | 181.55B | 162.75B | 166.46B | 165.46B | 164.16B | 169.21B | 170.55B | 173.27B | 172.88B | 167.86B | 172.85B | 176.1B | 173.73B | 171.96B | 173.71B | 178.5B | 175.01B | 168.15B |
| Long-Term Debt | 143.45B | 144.23B | 158.48B | 126.63B | 123.93B | 121.02B | 121.38B | 128.88B | 126.02B | 136.1B | 137.7B | 134.44B | 137.87B | 140.77B | 140.68B | 132.91B | 136.18B | 139.96B | 143.43B | 143.35B |
| Short-Term Borrowings | 26.62B | 28.23B | 23.16B | 20.15B | 22.07B | 22.63B | 22.63B | 21.76B | 23.25B | 15.59B | 12.97B | 12.95B | 14.83B | 12.08B | 9.96B | 14.99B | 12.87B | 13.42B | 7.44B | 7.62B |
| Capital Lease Obligations | 18.39B | 23.41B | 18.95B | 23.68B | 23.89B | 24.07B | 24.34B | 23.56B | 23.7B | 23.94B | 24.27B | 24.68B | 24.96B | 25.48B | 25.69B | 26.14B | 26.51B | 26.78B | 27.06B | 27.11B |
| Total Current Liabilities | 62.21B | 69.88B | 62.37B | 59.56B | 60.95B | 61.07B | 64.77B | 61.82B | 60.81B | 53.63B | 53.22B | 55.68B | 51.4B | 47.77B | 50.17B | 53.14B | 49.22B | 46.59B | 47.16B | 41.36B |
| Accounts Payable | 20.42B | 21.93B | 24.98B | 20.7B | 19.88B | 19.41B | 10.43B | 22.22B | 19.73B | 20.14B | 10.02B | 26.14B | 20.07B | 19.27B | 8.75B | 22.23B | 20.96B | 18.17B | 8.04B | 20.15B |
| Accrued Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 11.05B | 0 | 0 | 0 | 10.82B | 0 | 0 | 0 | 13.35B | 0 | 0 | 0 | 15.17B | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 7.54B | 7.49B | 0 | 0 | 0 | 6.96B | 0 | 0 | 0 | 6.58B | 0 | 0 | 0 | 6.05B | 0 |
| Other Current Liabilities | 15.17B | 15B | 14.23B | 14.22B | 14.27B | 6.8B | 3.98B | 13.52B | 13.58B | 13.62B | 2.75B | 12.68B | 12.3B | 12.24B | 2.75B | 11.95B | 11.48B | 11.15B | 2.26B | 9.98B |
| Deferred Taxes | 50.23B | 49.31B | 48.72B | 48.23B | 46.57B | 46.64B | 46.73B | 45.87B | 46.08B | 45.98B | 45.78B | 44.43B | 44.05B | 43.67B | 43.44B | 42.09B | 42.15B | 41.34B | 40.69B | 38.48B |
| Other Liabilities | 30.7B | 31.14B | 10B | 28.39B | 28.31B | 30.22B | 31.32B | 27.69B | 29.24B | 29.06B | 29.75B | 30.42B | 29.38B | 29.99B | 31.37B | 35.98B | 32.63B | 29.72B | 28.92B | 28.27B |
| Total Equity | 105.2B | 104.62B | 105.74B | 106.34B | 104.36B | 102.04B | 100.58B | 97.67B | 97.54B | 95.73B | 93.8B | 99.09B | 96.5B | 94.22B | 92.46B | 88.78B | 87.36B | 85.17B | 83.2B | 78.49B |
| Equity Growth % | 0.8% | 2.53% | 5.14% | 8.88% | 6.99% | 6.59% | 7.22% | -1.43% | 1.07% | 1.6% | 1.44% | 11.61% | 10.47% | 10.62% | 11.13% | 13.12% | 16.3% | 17.19% | 20.11% | 17.98% |
| Shareholders Equity | 103.92B | 103.31B | 104.46B | 105.04B | 103.06B | 100.72B | 99.24B | 96.33B | 96.17B | 94.33B | 92.43B | 97.74B | 95.19B | 92.88B | 91.14B | 87.47B | 86.02B | 83.76B | 81.79B | 77.04B |
| Minority Interest | 1.28B | 1.31B | 1.28B | 1.3B | 1.3B | 1.31B | 1.34B | 1.34B | 1.37B | 1.39B | 1.37B | 1.35B | 1.31B | 1.34B | 1.32B | 1.31B | 1.34B | 1.41B | 1.41B | 1.45B |
| Common Stock | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M | 429M |
| Additional Paid-in Capital | 13.26B | 13.26B | 13.37B | 13.41B | 13.41B | 13.41B | 13.47B | 13.48B | 13.54B | 13.57B | 13.63B | 13.52B | 13.52B | 13.52B | 13.42B | 13.47B | 13.87B | 13.87B | 13.86B | 13.4B |
| Retained Earnings | 97.73B | 96.82B | 94.74B | 95.32B | 93.28B | 91.13B | 89.11B | 86.96B | 86.5B | 84.71B | 82.92B | 88.42B | 86.45B | 84.54B | 82.38B | 78.55B | 76.4B | 73.89B | 71.99B | 70.06B |
| Accumulated OCI | -1.78B | -2.37B | -1.73B | -1.65B | -1.48B | -1.49B | -923M | -1.67B | -1.29B | -1.2B | -1.38B | -1.43B | -1.92B | -2.18B | -1.86B | -1.7B | -1.32B | -906M | -927M | -709M |
| Return on Assets (ROA) | 0.93% | 1.23% | 0.59% | 1.28% | 1.31% | 1.28% | 1.31% | 0.87% | 1.21% | 1.21% | -0.71% | 1.25% | 1.23% | 1.3% | 1.74% | 1.31% | 1.41% | 1.25% | 1.28% | 1.82% |
| Return on Equity (ROE) | 3.66% | 4.8% | 2.21% | 4.7% | 4.85% | 4.82% | 5.05% | 3.39% | 4.75% | 4.86% | -2.8% | 4.87% | 4.87% | 5.26% | 7.26% | 5.56% | 6.03% | 5.44% | 5.71% | 8.34% |
| Debt / Equity | 1.79x | 1.87x | 1.90x | 1.60x | 1.63x | 1.64x | 1.67x | 1.78x | 1.77x | 1.83x | 1.87x | 1.74x | 1.84x | 1.89x | 1.91x | 1.96x | 2.01x | 2.12x | 2.14x | 2.27x |
| Debt / Assets | 45.94% | 46.87% | 49.62% | 43.89% | 44.32% | 44.09% | 43.76% | 45.7% | 45.62% | 46.2% | 46.01% | 44.71% | 46.76% | 47.21% | 46.44% | 46.4% | 47.43% | 49.26% | 48.54% | 50.38% |
| Net Debt / EBITDA | 15.32x | 14.28x | 19.06x | 12.79x | 13.00x | 13.18x | 13.76x | 13.75x | 13.86x | 14.35x | 15.78x | 13.97x | 14.63x | 14.80x | 15.18x | 14.07x | 14.63x | 14.84x | 15.01x | 13.71x |
| Book Value per Share | 25.22 | 24.85 | 25 | 25.12 | 24.68 | 24.15 | 23.82 | 23.12 | 23.11 | 22.69 | 22.26 | 23.5 | 22.91 | 22.37 | 21.98 | 21.12 | 20.79 | 20.27 | 19.96 | 18.94 |