VERIZON COMMUNICATIONS INC
Close on Oct 19, 2026
- Market cap
- $184.15B
- P/E (TTM)
- 11.5
- Dividend yield
- 6.19%
About Verizon Communications
Telephone Communications (No Radiotelephone), SIC 4813
Verizon Communications Inc. is a telecommunications holding company providing communications, technology, information, and streaming services. It operates through two segments: Verizon Consumer Group and Verizon Business Group. Products include wireless voice and data, fiber-optic and copper wireline broadband, fixed wireless access, video services, and mobile devices. It also delivers networking solutions, security, Internet of Things connectivity, and wholesale network access to consumers, businesses, educational institutions, and government entities.
Verizon operates primarily across the United States, with a fiber network serving business clients in more than 180 countries. Domestically, wireline services span 31 states and Washington, D.C., while wireless licenses cover nearly the entire population. The company maintains approximately 147 million wireless retail connections and 14 million broadband connections, distributed through company stores, digital channels, and retail partners. Verizon employs about 89,900 people, with 89 percent based domestically. The text does not mention headquarters.
Summary of the business section of Verizon Communications's latest annual report, written by StockData.
Company profile
Company
- Legal name
- VERIZON COMMUNICATIONS INC
- Founded
- 1983
- Headquarters
- New York, NY
- Address
- 1095 Avenue Of The Americas 10036
- Phone
- (212) 395-1000
- Website
- verizon.com
- Employees
- 89,900, Dec 31, 2025
- Industry
- Telephone Communications (No Radiotelephone)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, New York, NY
Stock & identifiers
- Ticker
- VZ
- Exchange
- NYSE
- IPO date
- Nov 21, 1983
- Shares outstanding
- 4.15B, Jun 30, 2026
- Public float
- $182.40B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jun 30, 1998; 2-for-1, May 2, 1990; 2-for-1, Apr 18, 1986
- SEC CIK
- 732712
- CUSIP
- 92343V104
- ISIN
- US92343V1044
- LEI
- 2S72QS2UO2OESLG6Y829
- EIN
- 23-2259884
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Daniel H. Schulman | CEO, Director | – |
| Kyle Malady | EVP and Group CEO-VZ Business | 123,475 |
| Anthony T. Skiadas | EVP and CFO | 214,823 |
| Mary-Lee Stillwell | SVP and Controller | 51,566 |
| Joseph J. Russo | EVP&Pres-Global Networks&Tech | 84,004 |
| Rodriguez Alfonso Villanueva | EVP and Group CEO-VZ Consumer | – |
| Vandana Venkatesh | EVP and Chief Legal Officer | 89,842 |
| Samantha Hammock | EVP & Chief HR Officer | 16,289 |
| Sowmyanarayan Sampath | EVP and Group CEO-VZ Consumer | 118,270 |
| Jr Charles E. Phillips | Director | – |
| Hans Erik Vestberg | Director | 560,055 |
| Mark T. Bertolini | Director | – |
| Shellye L. Archambeau | Director | – |
| Laxman Narasimhan | Director | 248 |
| Jennifer K. Mann | Director | – |
| Vittorio Colao | Director | – |
| Caroline Litchfield | Director | – |
| Carol B. Tome | Director | 1,060 |
| Roxanne S. Austin | Director | – |
| Clarence Otis Jr | Director | 18,102 |
| Rodney E. Slater | Director | – |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Schulman | $34.31M | $34.14M | $13.78M | $94 | $213 |
| FY2025 Vestberg | $31.18M | $30.78M | $13.78M | $94 | $213 |
| FY2024 Mr.Vestberg | $24.16M | $24.75M | $11.68M | $86 | $160 |
| FY2024 Schulman | $0 | $0 | $11.68M | $86 | $160 |
| FY2024 Vestberg | $24.16M | $24.75M | $11.68M | $86 | $160 |
| FY2023 Mr.Vestberg | $24.13M | $17.84M | $10.82M | $76 | $114 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Verizon has approximately 89,900 employees on a full-time equivalent basis as of December 31, 2025, 89% of whom are based in the U.S.”
Corporate history
Events identified from SEC filings