VZ Latest Report

Performance Review

Verizon Communications (VZ) reported total operating revenue of $35.681 billion in 2024, up 1.42% from $35.130 billion in 2023. This growth reflects the company's stable performance in sales and services despite the challenges in the market environment.

Key Data in the Financial Report

1. The company's total operating revenue grew by 1.42% year-on-year, indicating the continuity of revenue growth.

2. Operating expenses decreased from $13.507 billion in 2023 to $12.746 billion, showing positive effects in cost control.

3. The demand for mobile and fixed network services in 2024 was relatively stable, which may support the continuous revenue growth.

4. The company attracts and retains customers by improving service quality and launching new products (such as 5G services), driving revenue growth.

5. Despite fierce competition, Verizon maintains a relatively stable market share and customer base.

Peer Comparison

1. Industry-wide analysis: In 2024, the US communication industry faced multiple challenges including economic cycles, technological advancements, and market competition, resulting in slow overall revenue growth. Verizon's 1.42% revenue growth is relatively positive in the industry, showing its relative advantages in competition.

2. Peer evaluation analysis: Compared with its competitor AT&T, Verizon's revenue growth is relatively slower, indicating its advantages in operational efficiency and market strategy, although the overall growth is limited.

Summary

Verizon Communications achieved stable revenue growth in 2024, mainly due to stable market demand, effective cost control, and service quality improvement. However, the growth is small, indicating the pressure in the competition and possibly declining customer satisfaction.

Opportunities

1. With the promotion of 5G services, Verizon has the opportunity to attract more customers and increase its market share.

2. The company is investing more in network infrastructure, which will help diversify future services and enhance customer experience.

3. The overall high industry sentiment and investment trend in emerging fields (such as AI computing power, satellite internet) may bring new revenue sources for Verizon.

Risks

1. Declining customer satisfaction may affect the company's future revenue growth and market share.

2. Intense competition from large telecommunications companies and digital technology companies may lead to a loss of market share.

3. Uncertainty in the overall economic environment may affect consumers' purchasing power, thus affecting the company's operating revenue.