Verizon Communications

Broadband and telecommunications company that provides information and entertainment services

Launch date

Oct 1983

Employees

Market cap

Net debt

($172b)

Firm valuation

$335.8b (Public information from Nov 2022)

New York City New York (HQ)

Deals in current and previous year:

Corporate Venture Fund: Verizon Ventures

Revenues, earnings & profits over time

USD	2016	2017	2018	2019	2020	2021	2022E
Revenues	-	126.0b	130.9b	131.9b	128.3b	133.6b	136.4b
% growth	-	-	4 %	1 %	(3 %)	4 %	2 %
EBITDA	-	45.1b	47.4b	47.2b	47.1b	48.4b	49.7b
% EBITDA margin	-	36 %	36 %	36 %	37 %	36 %	36 %
Profit	-	30.1b	15.5b	19.3b	17.8b	22.1b	22.6b
% profit margin	-	24 %	12 %	15 %	14 %	17 %	17 %
EV / revenue	-	2.6x	2.6x	2.8x	2.7x	2.8x	2.7x
EV / EBITDA	-	7.3x	7.2x	7.7x	7.4x	7.7x	7.4x

Date	Investors	Amount	Round
-	NYSERDA ATN International Providence Equity Partners Accel KU Leuven	N/A	- Not yet verified
Mar 2010	N/A	$1.0b	Post IPO Equity
Mar 2012	N/A	$3.8b	Post IPO Equity
Mar 2013	N/A	$3.8b	Post IPO Equity
Feb 2014	N/A	$21.3b	Post IPO Equity
Mar 2022	White House website	$11.8m	Grant Not yet verified
Jul 2022*	N/A	$78k	Grant Not yet verified
Total Funding		$312k