Operating Profit Margin
since 2005
Calculation
Verizon Communications Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Operating revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 17.08% | = | 100 | × | 22,877) | ÷ | 133,974) |
| Dec 31, 2022 | 22.27% | = | 100 | × | 30,467) | ÷ | 136,835) |
| Dec 31, 2021 | 24.29% | = | 100 | × | 32,448) | ÷ | 133,613) |
| Dec 31, 2020 | 22.45% | = | 100 | × | 28,798) | ÷ | 128,292) |
| Dec 31, 2019 | 23.04% | = | 100 | × | 30,378) | ÷ | 131,868) |
| Dec 31, 2018 | 17.02% | = | 100 | × | 22,278) | ÷ | 130,863) |
| Dec 31, 2017 | 21.75% | = | 100 | × | 27,414) | ÷ | 126,034) |
| Dec 31, 2016 | 21.48% | = | 100 | × | 27,059) | ÷ | 125,980) |
| Dec 31, 2015 | 25.12% | = | 100 | × | 33,060) | ÷ | 131,620) |
| Dec 31, 2014 | 15.42% | = | 100 | × | 19,599) | ÷ | 127,079) |
| Dec 31, 2013 | 26.52% | = | 100 | × | 31,968) | ÷ | 120,550) |
| Dec 31, 2012 | 11.36% | = | 100 | × | 13,160) | ÷ | 115,846) |
| Dec 31, 2011 | 11.62% | = | 100 | × | 12,880) | ÷ | 110,875) |
| Dec 31, 2010 | 13.74% | = | 100 | × | 14,645) | ÷ | 106,565) |
| Dec 31, 2009 | 13.01% | = | 100 | × | 14,027) | ÷ | 107,808) |
| Dec 31, 2008 | 17.34% | = | 100 | × | 16,884) | ÷ | 97,354) |
| Dec 31, 2007 | 16.67% | = | 100 | × | 15,578) | ÷ | 93,469) |
| Dec 31, 2006 | 15.17% | = | 100 | × | 13,373) | ÷ | 88,144) |
| Dec 31, 2005 | 19.72% | = | 100 | × | 14,814) | ÷ | 75,112) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Verizon Communications Inc., operating profit margin, long-term trends, comparison to competitors
| Verizon Communications Inc. | AT&T Inc. | T-Mobile US Inc. | |
|---|---|---|---|
| Dec 31, 2023 | 17.08% | 19.16% | 18.16% |
| Dec 31, 2022 | 22.27% | -3.80% | 8.22% |
| Dec 31, 2021 | 24.29% | 13.83% | 8.60% |
| Dec 31, 2020 | 22.45% | 3.73% | 9.70% |
| Dec 31, 2019 | 23.04% | 15.43% | 12.72% |
| Dec 31, 2018 | 17.02% | 15.28% | 12.26% |
| Dec 31, 2017 | 21.75% | 13.05% | 12.04% |
| Dec 31, 2016 | 21.48% | 14.87% | 10.21% |
| Dec 31, 2015 | 25.12% | 16.88% | 6.44% |
| Dec 31, 2014 | 15.42% | 8.87% | 4.79% |
| Dec 31, 2013 | 26.52% | 23.67% | 4.08% |
| Dec 31, 2012 | 11.36% | 10.20% | — |
| Dec 31, 2011 | 11.62% | 7.27% | — |
| Dec 31, 2010 | 13.74% | 15.75% | — |
| Dec 31, 2009 | 13.01% | 17.47% | — |
| Dec 31, 2008 | 17.34% | 18.59% | — |
| Dec 31, 2007 | 16.67% | 17.16% | — |
| Dec 31, 2006 | 15.17% | 16.32% | — |
| Dec 31, 2005 | 19.72% | 14.06% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).