Price to Operating Profit (P/OP)
since 2005
Paying user area
Try for free
Verizon Communications Inc. pages available for free this week:
- Income Statement
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Common Stock Valuation Ratios
- Price to FCFE (P/FCFE)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Equity (ROE) since 2005
- Price to Earnings (P/E) since 2005
- Price to Book Value (P/BV) since 2005
- Analysis of Revenues
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Verizon Communications Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Verizon Communications Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 12, 2025 | = | ÷ | = | ÷ | |||||||
| Feb 9, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 10, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 11, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 25, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 21, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 15, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 23, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 21, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 23, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 23, 2015 | = | ÷ | = | ÷ | |||||||
| Feb 27, 2014 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2013 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2009 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2008 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2007 | = | ÷ | = | ÷ | |||||||
| Mar 14, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Verizon Communications Inc. Annual Report.
- Share Price Trend
- The share price showed a generally upward trend from 2006 through early 2020, increasing from $34.39 in March 2006 to a peak of $58.20 in February 2020. There were periods of moderate decline, notably in 2009 where the price fell to $28.57 from a prior level around $37.18, reflecting a potential market reaction to economic conditions. After peaking in 2020, the share price declined notably in the following years, dropping to $39.72 by February 2024, indicating some volatility or market challenges faced by the company during that period.
- Operating Profit Per Share (OPPS) Pattern
- Operating profit per share exhibited fluctuations without a clear long-term upward or downward pattern. It started at $5.06 in 2006, decreased slightly in 2007, and then demonstrated variability with peaks such as $8.12 in 2016 and $7.73 in 2021. The OPPS saw notable dips around 2010 and 2019 but generally remained between $4.5 and $8 across the periods, suggesting the company's operational efficiency experienced phases of both improvement and contraction without a sustained trend.
- Price to Operating Profit (P/OP) Ratio Analysis
- The P/OP ratio fluctuated considerably from 2006 to 2025. It started at 6.79 in 2006, rose to peak levels above 10 (particularly in 2013 and 2015), reflecting times when the share price was relatively high compared to operating profit. This ratio declined after these peaks, reaching lower levels around 5.52 in 2023, possibly indicating either a price correction or higher profits relative to the share price at those times. The variability of this multiple suggests changing market sentiment and valuation relative to the company’s operating performance during these years.
- Relationships and Insights
- The share price and operating profit per share did not consistently move in tandem, leading to variability in the P/OP ratio. Periods of high P/OP ratio often corresponded with share price peaks and/or relatively lower operating profit per share, while lower ratios aligned with market corrections or improved operational performance. The data suggests that while profitability per share remained somewhat stable with periodic fluctuations, market valuation of earnings experienced greater volatility, reflecting external economic and market factors influencing investor sentiment over time.
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 12, 2025 | |||
| Feb 9, 2024 | |||
| Feb 10, 2023 | |||
| Feb 11, 2022 | |||
| Feb 25, 2021 | |||
| Feb 21, 2020 | |||
| Feb 15, 2019 | |||
| Feb 23, 2018 | |||
| Feb 21, 2017 | |||
| Feb 23, 2016 | |||
| Feb 23, 2015 | |||
| Feb 27, 2014 | |||
| Feb 26, 2013 | |||
| Feb 24, 2012 | |||
| Feb 28, 2011 | |||
| Feb 26, 2010 | |||
| Feb 24, 2009 | |||
| Feb 28, 2008 | |||
| Mar 1, 2007 | |||
| Mar 14, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 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).