Verizon Communications Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | 60.7% | 15.4% | 7.6% |
| FY2015 | 82.4% | 25.1% | 13.6% |
| FY2016 | 82.3% | 23.2% | 10.4% |
| FY2017 | 82.4% | 21.8% | 23.9% |
| FY2018 | — | 17.0% | 11.9% |
| FY2019 | — | 23.0% | 14.6% |
| FY2020 | — | 22.4% | 13.9% |
| FY2021 | — | 24.3% | 16.5% |
| FY2022 | — | 22.3% | 15.5% |
| FY2023 | — | 17.1% | 8.7% |