Return on Equity (ROE)
since 2005
Calculation
Verizon Communications Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income attributable to Verizon1 | ÷ | Equity attributable to Verizon1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 26.24% | = | 100 | × | 17,801 | ÷ | 67,842 |
| Dec 31, 2019 | 31.38% | = | 100 | × | 19,265 | ÷ | 61,395 |
| Dec 31, 2018 | 29.22% | = | 100 | × | 15,528 | ÷ | 53,145 |
| Dec 31, 2017 | 69.85% | = | 100 | × | 30,101 | ÷ | 43,096 |
| Dec 31, 2016 | 58.28% | = | 100 | × | 13,127 | ÷ | 22,524 |
| Dec 31, 2015 | 108.83% | = | 100 | × | 17,879 | ÷ | 16,428 |
| Dec 31, 2014 | 78.26% | = | 100 | × | 9,625 | ÷ | 12,298 |
| Dec 31, 2013 | 29.60% | = | 100 | × | 11,497 | ÷ | 38,836 |
| Dec 31, 2012 | 2.64% | = | 100 | × | 875 | ÷ | 33,157 |
| Dec 31, 2011 | 6.68% | = | 100 | × | 2,404 | ÷ | 35,970 |
| Dec 31, 2010 | 6.61% | = | 100 | × | 2,549 | ÷ | 38,569 |
| Dec 31, 2009 | 8.78% | = | 100 | × | 3,651 | ÷ | 41,606 |
| Dec 31, 2008 | 15.41% | = | 100 | × | 6,428 | ÷ | 41,706 |
| Dec 31, 2007 | 10.92% | = | 100 | × | 5,521 | ÷ | 50,581 |
| Dec 31, 2006 | 12.77% | = | 100 | × | 6,197 | ÷ | 48,535 |
| Dec 31, 2005 | 18.64% | = | 100 | × | 7,397 | ÷ | 39,680 |
Based on: 10-K (filing date: 2021-02-25), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).
1 US$ in millions
Comparison to Competitors
Verizon Communications Inc., ROE, long-term trends, comparison to competitors
| Verizon Communications Inc. | AT&T Inc. | |
|---|---|---|
| Dec 31, 2020 | 26.24% | -3.20% |
| Dec 31, 2019 | 31.38% | 7.55% |
| Dec 31, 2018 | 29.22% | 10.52% |
| Dec 31, 2017 | 69.85% | 20.91% |
| Dec 31, 2016 | 58.28% | 10.54% |
| Dec 31, 2015 | 108.83% | 10.88% |
| Dec 31, 2014 | 78.26% | 7.21% |
| Dec 31, 2013 | 29.60% | 20.06% |
| Dec 31, 2012 | 2.64% | 7.86% |
| Dec 31, 2011 | 6.68% | 3.74% |
| Dec 31, 2010 | 6.61% | 17.79% |
| Dec 31, 2009 | 8.78% | 12.30% |
| Dec 31, 2008 | 15.41% | 13.35% |
| Dec 31, 2007 | 10.92% | 10.36% |
| Dec 31, 2006 | 12.77% | 6.37% |
| Dec 31, 2005 | 18.64% | 8.75% |
Based on: 10-K (filing date: 2021-02-25), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).
Comparison to Sector (Fixed Line Telecommunications)
Verizon Communications Inc., ROE, long-term trends, comparison to sector (fixed line telecommunications)
| Verizon Communications Inc. | Fixed Line Telecommunications | |
|---|---|---|
| Dec 31, 2020 | 26.24% | 5.50% |
| Dec 31, 2019 | 31.38% | 13.50% |
| Dec 31, 2018 | 29.22% | 14.71% |
| Dec 31, 2017 | 69.85% | 32.37% |
| Dec 31, 2016 | 58.28% | 17.92% |
| Dec 31, 2015 | 108.83% | 22.45% |
| Dec 31, 2014 | 78.26% | 16.06% |
| Dec 31, 2013 | 29.60% | 22.91% |
| Dec 31, 2012 | 2.64% | 6.48% |
| Dec 31, 2011 | 6.68% | 4.49% |
| Dec 31, 2010 | 6.61% | 14.92% |
| Dec 31, 2009 | 8.78% | 11.28% |
| Dec 31, 2008 | 15.41% | 13.98% |
| Dec 31, 2007 | 10.92% | 10.53% |
| Dec 31, 2006 | 12.77% | 8.26% |
| Dec 31, 2005 | 18.64% | 12.91% |
Based on: 10-K (filing date: 2021-02-25), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).
Comparison to Industry (Telecommunications)
Verizon Communications Inc., ROE, long-term trends, comparison to industry (telecommunications)
| Verizon Communications Inc. | Telecommunications | |
|---|---|---|
| Dec 31, 2020 | 26.24% | 5.32% |
| Dec 31, 2019 | 31.38% | 13.35% |
| Dec 31, 2018 | 29.22% | 14.42% |
| Dec 31, 2017 | 69.85% | 31.03% |
| Dec 31, 2016 | 58.28% | 16.82% |
| Dec 31, 2015 | 108.83% | 20.53% |
| Dec 31, 2014 | 78.26% | 14.08% |
| Dec 31, 2013 | 29.60% | 20.67% |
| Dec 31, 2012 | 2.64% | 6.48% |
| Dec 31, 2011 | 6.68% | 4.49% |
| Dec 31, 2010 | 6.61% | 14.92% |
| Dec 31, 2009 | 8.78% | 11.28% |
| Dec 31, 2008 | 15.41% | 13.98% |
| Dec 31, 2007 | 10.92% | 10.53% |
| Dec 31, 2006 | 12.77% | 8.26% |
| Dec 31, 2005 | 18.64% | 12.91% |
Based on: 10-K (filing date: 2021-02-25), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).