Verizon Communications Inc (VZ)
39.93
+0.44
(+1.11%)
USD |
NYSE |
Mar 18, 16:00
39.86
-0.07
(-0.18%)
After-Hours: 20:00
Verizon Communications Gross Profit Margin (Quarterly): 56.78% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 56.78% |
September 30, 2023 | 59.69% |
June 30, 2023 | 60.84% |
March 31, 2023 | 58.97% |
December 31, 2022 | 55.29% |
September 30, 2022 | 57.36% |
June 30, 2022 | 57.32% |
March 31, 2022 | 57.23% |
December 31, 2021 | 55.98% |
September 30, 2021 | 58.90% |
June 30, 2021 | 57.78% |
March 31, 2021 | 58.86% |
December 31, 2020 | 57.28% |
September 30, 2020 | 60.90% |
June 30, 2020 | 61.41% |
March 31, 2020 | 61.10% |
December 31, 2019 | 55.05% |
September 30, 2019 | 59.31% |
June 30, 2019 | 60.33% |
March 31, 2019 | 59.57% |
December 31, 2018 | 55.40% |
September 30, 2018 | 59.12% |
June 30, 2018 | 57.67% |
March 31, 2018 | 58.28% |
December 31, 2017 | 54.18% |
Date | Value |
---|---|
September 30, 2017 | 59.09% |
June 30, 2017 | 59.13% |
March 31, 2017 | 59.59% |
December 31, 2016 | 51.64% |
September 30, 2016 | 60.47% |
June 30, 2016 | 59.97% |
March 31, 2016 | 60.80% |
December 31, 2015 | 57.06% |
September 30, 2015 | 59.87% |
June 30, 2015 | 61.37% |
March 31, 2015 | 62.18% |
December 31, 2014 | 56.61% |
September 30, 2014 | 61.21% |
June 30, 2014 | 61.61% |
March 31, 2014 | 63.69% |
December 31, 2013 | 61.49% |
September 30, 2013 | 63.80% |
June 30, 2013 | 62.96% |
March 31, 2013 | 62.84% |
December 31, 2012 | 56.50% |
September 30, 2012 | 62.11% |
June 30, 2012 | 61.84% |
March 31, 2012 | 59.92% |
December 31, 2011 | 57.48% |
September 30, 2011 | 59.17% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
55.05%
Minimum
Dec 2019
61.41%
Maximum
Jun 2020
58.50%
Average
58.88%
Median
Gross Profit Margin (Quarterly) Benchmarks
The Walt Disney Co | 33.81% |
Netflix Inc | 39.91% |
Meta Platforms Inc | 80.82% |
Alphabet Inc | 56.47% |
Comcast Corp | 67.18% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 12.20% |
Return on Assets | 3.05% |
Return on Invested Capital | 4.72% |
Profit Margin (Quarterly) | -7.70% |
Operating Margin (Quarterly) | 18.33% |
Return on Net Operating Assets | 3.31% |