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15. Verizon Communications
Verizon Communications
Get Quote: VZ
Financials: Latest Results
Rank: 15 (Previous rank: 16)
CEO: Lowell C. McAdam
Was this company a 2011 top stock?

The second-largest U.S. telecommunications group saw profits buoyed by surging smartphone sales, but its success last year -- including a $10 billion payment to Vodafone, which co-owns Verizon Wireless -- raised hackles with union members. In October, it briefly joined the Occupy Wall Street movement to protest benefit cuts after Verizon announced its profits had doubled from the previous quarter.

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Key financials $ millions % change
from 2010
Revenues 110,875.0 4.0
Profits 2,404.0 -5.7
Assets 230,461.0 —
Stockholders' equity 35,970.0 —
Market value (3/29/2012) 107,948.4 —
Profits as % of  
Revenues 2.2
Assets 1.0
Stockholders' equity 6.7
Earnings per share  
2011 $ 0.85
% change from 2010 -5.6
2001-2011 annual growth rate % 19.8
Total return to investors %
2011 18.3
2001-2011 annual rate 4.3
Rank Company 500
rank		 Revenues
($ millions)
1 AT&T 11 126,723.0
2 Verizon Communications 15 110,875.0
3 Comcast 49 55,842.0
4 Sprint Nextel 90 33,679.0
5 DirecTV 105 27,226.0
6 Time Warner Cable 142 19,675.0
7 CenturyLink 171 15,351.0
8 DISH Network 191 14,048.4
9 Liberty Global 261 10,246.5
10 Cablevision Systems 348 7,252.3
11 Charter Communications 351 7,204.0
12 NII Holdings 369 6,719.3
13 Frontier Communications 464 5,243.0
14 Telephone & Data Systems 469 5,180.5
15 MetroPCS Communications 490 4,847.4
Issue date: May 21, 2012
Galleries and more
Headquarters
MAPS
Verizon Communications
140 West St.
New York, NY 10007
212-395-1000
www.verizon.com
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Fortune 500+
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Top 3

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Texas 52
New York 50
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Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
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FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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