Verizon Communications Inc. operates in 2 segments: Verizon Consumer Group and Verizon Business Group.
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Segment Profit Margin
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Verizon Consumer Group | |||||
Verizon Business Group |
Based on: 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).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Verizon Consumer Group | Verizon Consumer Group segment profit margin ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Verizon Business Group | Verizon Business Group segment profit margin ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Segment Profit Margin: Verizon Consumer Group
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating income | |||||
Operating revenues | |||||
Segment Profitability Ratio | |||||
Segment profit margin1 |
Based on: 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).
1 2021 Calculation
Segment profit margin = 100 × Operating income ÷ Operating revenues
= 100 × ÷ =
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Verizon Consumer Group | Verizon Consumer Group segment profit margin ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Segment Profit Margin: Verizon Business Group
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating income | |||||
Operating revenues | |||||
Segment Profitability Ratio | |||||
Segment profit margin1 |
Based on: 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).
1 2021 Calculation
Segment profit margin = 100 × Operating income ÷ Operating revenues
= 100 × ÷ =
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Verizon Business Group | Verizon Business Group segment profit margin ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Operating revenues
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Verizon Consumer Group | |||||
Verizon Business Group | |||||
Total reportable segments |
Based on: 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).
Operating income
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Verizon Consumer Group | |||||
Verizon Business Group | |||||
Total reportable segments |
Based on: 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).