Verizon Communications Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $130.86B | $126.03B | $125.98B | $131.62B | $127.08B | $120.55B | $115.85B | $110.88B |
| Wireless | $91.73B | $87.51B | $89.19B | — | — | — | — | — |
| Wireline | $29.76B | $30.68B | $31.35B | — | — | — | — | — |
| Consumer | — | — | — | — | — | — | — | — |
| Business | — | — | — | — | — | — | — | — |
| Corporate and Other | $9.37B | $7.84B | $5.45B | — | — | — | — | — |
| Cost of Revenue | — | $22.15B | $22.24B | $23.12B | $49.93B | $44.89B | $46.28B | $45.88B |
| Gross Profit | — | $103.89B | $103.74B | $108.50B | $77.15B | $75.66B | $69.57B | $65.00B |
| Gross Margin | — | 82.4% | 82.3% | 82.4% | 60.7% | 62.8% | 60.1% | 58.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $31.08B | $28.59B | $28.10B | $29.99B | $41.02B | $27.09B | $39.95B | $35.62B |
| Operating Income | $22.28B | $27.43B | $29.25B | $33.06B | $19.60B | $31.97B | $13.16B | $12.88B |
| Operating Margin | 17.0% | 21.8% | 23.2% | 25.1% | 15.4% | 26.5% | 11.4% | 11.6% |
| Interest Expense | $4.83B | $4.73B | $4.38B | $4.92B | $4.92B | $2.67B | $2.57B | $2.83B |
| Pretax Income | $19.62B | $20.59B | $20.99B | $28.24B | $15.27B | $29.28B | $9.90B | $10.48B |
| Income Tax Expense | $3.58B | $-9.96B | $7.38B | $9.87B | $3.31B | $5.73B | $-660.0M | $285.0M |
| Net Income | $15.53B | $30.10B | $13.13B | $17.88B | $9.63B | $11.50B | $875.0M | $2.40B |
| Net Margin | 11.9% | 23.9% | 10.4% | 13.6% | 7.6% | 9.5% | 0.8% | 2.2% |
| EPS (Basic) | $3.76 | $7.37 | $3.22 | $4.38 | $2.42 | $4.01 | $0.31 | $0.85 |
| EPS (Diluted) | $3.76 | $7.36 | $3.21 | $4.37 | $2.42 | $4.00 | $0.31 | $0.85 |
| Shares Outstanding (Basic) | 4.13B | 4.08B | 4.08B | 4.09B | 3.97B | 2.87B | 2.85B | 2.83B |
| Shares Outstanding (Diluted) | 4.13B | 4.09B | 4.09B | 4.09B | 3.98B | 2.87B | 2.86B | 2.84B |
| Dividends Per Share | $2.39 | $2.34 | $2.29 | $2.23 | $2.16 | $2.09 | $2.03 | $1.98 |