VERIZON COMMUNICATIONS INC Gross Profit 2007-2018 | VZ
What is gross profit?
Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.
What is VERIZON COMMUNICATIONS INC's current gross profit?
VERIZON COMMUNICATIONS INC (VZ) annual gross profit for 2017 was $103.89B, a 0.14% increase from 2016. VERIZON COMMUNICATIONS INC gross profit for the quarter ending March 31, 2018 was $26.46B.
What was VERIZON COMMUNICATIONS INC's gross profit in 2016?
VERIZON COMMUNICATIONS INC annual gross profit for 2016 was $103.74B, a 4.39% decline from 2015.
What was VERIZON COMMUNICATIONS INC's gross profit in 2015?
VERIZON COMMUNICATIONS INC annual gross profit for 2015 was $108.50B, a 40.64% increase from 2014.
What is VERIZON COMMUNICATIONS INC's 5-year gross profit CAGR?
VERIZON COMMUNICATIONS INC gross profit grew at a compound annual growth rate (CAGR) of 8.35% from FY2012 to FY2017, going from $69.57B to $103.89B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2017 | $103.89B | +0.1% | 10-K |
| FY2016 | $103.74B | -4.4% | 10-K |
| FY2015 | $108.50B | +40.6% | 10-K |
| FY2014 | $77.15B | +2.0% | 10-K |
| FY2013 | $75.66B | +8.8% | 10-K |
| FY2012 | $69.57B | +7.0% | 10-K |
| FY2011 | $65.00B | +4.1% | 10-K |
| FY2010 | $62.42B | -1.3% | 10-K |
| FY2009 | $63.23B | +7.6% | 10-K |
| FY2008 | $58.74B | +5.0% | 10-K |
| FY2007 | $55.92B | - | 10-K |