Price to Operating Profit (P/OP)
since 2005
Calculation
Verizon Communications Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 9, 2024 | 7.30 | = | 39.72 | ÷ | 5.44 | 5.44 | = | 22,877 | ÷ | 4,204,272,443 | |
| Feb 10, 2023 | 5.52 | = | 40.01 | ÷ | 7.25 | 7.25 | = | 30,467 | ÷ | 4,199,882,937 | |
| Feb 11, 2022 | 6.90 | = | 53.32 | ÷ | 7.73 | 7.73 | = | 32,448 | ÷ | 4,197,823,662 | |
| Feb 25, 2021 | 8.12 | = | 56.50 | ÷ | 6.96 | 6.96 | = | 28,798 | ÷ | 4,138,148,588 | |
| Feb 21, 2020 | 7.92 | = | 58.20 | ÷ | 7.35 | 7.35 | = | 30,378 | ÷ | 4,135,863,778 | |
| Feb 15, 2019 | 10.23 | = | 55.16 | ÷ | 5.39 | 5.39 | = | 22,278 | ÷ | 4,132,045,883 | |
| Feb 23, 2018 | 7.19 | = | 48.29 | ÷ | 6.72 | 6.72 | = | 27,414 | ÷ | 4,079,486,153 | |
| Feb 21, 2017 | 7.45 | = | 49.43 | ÷ | 6.64 | 6.64 | = | 27,059 | ÷ | 4,076,731,752 | |
| Feb 23, 2016 | 6.24 | = | 50.63 | ÷ | 8.12 | 8.12 | = | 33,060 | ÷ | 4,073,840,949 | |
| Feb 23, 2015 | 10.34 | = | 48.77 | ÷ | 4.72 | 4.72 | = | 19,599 | ÷ | 4,155,408,208 | |
| Feb 27, 2014 | 6.15 | = | 47.50 | ÷ | 7.72 | 7.72 | = | 31,968 | ÷ | 4,141,140,749 | |
| Feb 26, 2013 | 10.02 | = | 46.12 | ÷ | 4.60 | 4.60 | = | 13,160 | ÷ | 2,858,275,417 | |
| Feb 24, 2012 | 8.40 | = | 38.14 | ÷ | 4.54 | 4.54 | = | 12,880 | ÷ | 2,835,524,157 | |
| Feb 28, 2011 | 7.13 | = | 36.92 | ÷ | 5.18 | 5.18 | = | 14,645 | ÷ | 2,828,072,313 | |
| Feb 26, 2010 | 5.85 | = | 28.93 | ÷ | 4.95 | 4.95 | = | 14,027 | ÷ | 2,835,726,911 | |
| Feb 24, 2009 | 4.81 | = | 28.57 | ÷ | 5.94 | 5.94 | = | 16,884 | ÷ | 2,840,569,560 | |
| Feb 28, 2008 | 6.85 | = | 37.18 | ÷ | 5.43 | 5.43 | = | 15,578 | ÷ | 2,870,955,142 | |
| Mar 1, 2007 | 8.07 | = | 37.10 | ÷ | 4.60 | 4.60 | = | 13,373 | ÷ | 2,909,893,627 | |
| Mar 14, 2006 | 6.79 | = | 34.39 | ÷ | 5.06 | 5.06 | = | 14,814 | ÷ | 2,926,823,217 |
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$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Verizon Communications Inc. Annual Report.
Comparison to Competitors
Verizon Communications Inc., P/OP, long-term trends, comparison to competitors
| Verizon Communications Inc. | AT&T Inc. | T-Mobile US Inc. | |
|---|---|---|---|
| Feb 9, 2024 | 7.30 | 5.12 | 13.46 |
| Feb 10, 2023 | 5.52 | — | 27.49 |
| Feb 11, 2022 | 6.90 | 7.32 | 22.56 |
| Feb 25, 2021 | 8.12 | 31.88 | 22.33 |
| Feb 21, 2020 | 7.92 | 9.91 | 12.40 |
| Feb 15, 2019 | 10.23 | 8.61 | 10.93 |
| Feb 23, 2018 | 7.19 | 10.78 | 10.29 |
| Feb 21, 2017 | 7.45 | 10.46 | 13.39 |
| Feb 23, 2016 | 6.24 | 9.18 | 14.60 |
| Feb 23, 2015 | 10.34 | 15.06 | 18.17 |
| Feb 27, 2014 | 6.15 | 5.60 | 24.55 |
| Feb 26, 2013 | 10.02 | 15.08 | — |
| Feb 24, 2012 | 8.40 | 19.51 | — |
| Feb 28, 2011 | 7.13 | 8.48 | — |
| Feb 26, 2010 | 5.85 | 6.80 | — |
| Feb 24, 2009 | 4.81 | 6.06 | — |
| Feb 28, 2008 | 6.85 | 10.41 | — |
| Mar 1, 2007 | 8.07 | 22.76 | — |
| Mar 14, 2006 | 6.79 | 17.67 | — |
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).