Verizon Communications Inc.
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $107.81B | $97.35B | $93.47B |
| Wireless | — | — | — |
| Wireline | — | — | — |
| Consumer | — | — | — |
| Business | — | — | — |
| Corporate and Other | — | — | — |
| Cost of Revenue | $44.58B | $38.62B | $37.55B |
| Gross Profit | $63.23B | $58.74B | $55.92B |
| Gross Margin | 58.6% | 60.3% | 59.8% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $30.72B | $41.52B | $25.97B |
| Operating Income | $15.98B | $2.61B | $15.58B |
| Operating Margin | 14.8% | 2.7% | 16.7% |
| Interest Expense | $3.10B | $1.82B | $1.83B |
| Pretax Income | $13.52B | — | — |
| Income Tax Expense | $1.92B | $-2.32B | $3.98B |
| Net Income | $4.89B | $-2.19B | $5.52B |
| Net Margin | 4.5% | -2.3% | 5.9% |
| EPS (Basic) | $1.72 | $-0.77 | $1.91 |
| EPS (Diluted) | $1.72 | $-0.77 | $1.90 |
| Shares Outstanding (Basic) | 2.84B | 2.85B | 2.90B |
| Shares Outstanding (Diluted) | 2.84B | 2.85B | 2.90B |
| Dividends Per Share | $1.87 | $1.78 | — |