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 $134.8 billion in 2024.
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 January 24, 2025
Chairman and CEO: Hans Vestberg
2024 revenue: $134.8 billion
2024 dividends paid:
$11.2 billion
Fortune rank: 31
Stock symbol: VZ (NYSE & Nasdaq)
Fortune 500 customers served: 99 percent
Countries served: 150+
Key financials
Through December 31, 2024
$4.14
Reported diluted earnings per share
$36.9 billion
Net cash provided by operating activities
$17.1 billion
Capital expenditures
$0.6775
Quarterly dividends per share as of 3Q24
4.2 billion
Shares outstanding
Employees
#8
LinkedIn Best Workplace
#2 military-friendly company
on the 2024 Military Friendly Company List
Scored 100%
on Disability Equality Index
Verizon Consumer Group
As of December 31, 2024
115.3 million
wireless retail connections
95.1 million
wireless retail postpaid connections
10.0 million
broadband connections, including 7.1 million Fios Internet connections
20.1 million
wireless retail prepaid connections
$27.6 billion
in total revenue in 4Q24
Verizon Business Group
As of December 31, 2024
30.8 million
wireless retail postpaid connections
2.3 million
broadband connections
157K
fixed wireless net additions in 4Q24
$7.5 billion
in total revenue in 4Q24
40K+
public safety agencies subscribed to Verizon Frontline
Global Networks and Technology
As of December 31, 2024
70%
of our sites covered by C-Band
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
- Expect to 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
- Provide 50,000 individuals with training that will empower them to advance their careers and improve their economic mobility by 2030
Verizon spent more than $54.3 billion with diverse suppliers over the past 10 years