Verizon Communications Inc (VZ)
38.89
-0.04
(-0.10%)
USD |
NYSE |
May 03, 16:00
38.93
+0.04
(+0.10%)
After-Hours: 20:00
Verizon Communications Gross Profit Margin (Quarterly): 60.97% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 60.97% |
| 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% |
| Date | Value |
|---|---|
| December 31, 2017 | 54.18% |
| 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% |
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
58.57%
Average
58.88%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Meta Platforms Inc | 81.79% |
| Alphabet Inc | 58.14% |
| Netflix Inc | 46.89% |
| The Walt Disney Co | 33.81% |
| Comcast Corp | 70.65% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 11.79% |
| Return on Assets | 2.97% |
| Return on Invested Capital | 4.58% |
| Profit Margin (Quarterly) | 13.95% |
| Operating Margin (Quarterly) | 22.80% |
| Return on Net Operating Assets | 3.23% |