Verizon Communications Balance Sheet
NYSE: VZTelecommunicationsTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Verizon Communications financial position
At the end of fiscal 2025, Verizon Communications reported total assets of $404.26 billion, up 5.1% from a year earlier against total liabilities of $298.52 billion. Shareholders' equity stood at $105.74 billion, or 26.2% of assets. The company held $19.05 billion in cash and equivalents against $158.15 billion of debt, a net debt position of $139.10 billion.
The current ratio (current assets divided by current liabilities) was 0.91, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.50.
Summary generated from market data by MetaCap's automated system. Methodology
Verizon Communications balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 19.05B | 4.19B | 2.06B | 2.60B | 2.92B | 22.17B | 2.59B | 2.75B | 2.08B | 2.88B |
| Receivables | 27.10B | 26.11B | 25.09B | 24.51B | 23.85B | 23.92B | 25.43B | 25.10B | 23.49B | 17.51B |
| Inventory | 2.44B | 2.25B | 2.06B | 2.39B | 3.06B | 1.80B | 1.42B | 1.34B | 1.03B | 1.20B |
| Total Current Assets | 56.92B | 40.52B | 36.81B | 37.86B | 36.73B | 54.59B | 37.47B | 34.64B | 29.91B | 26.39B |
| Property, Plant & Equipment | 109.47B | 108.52B | 108.31B | 107.43B | 99.70B | 94.83B | 91.92B | 89.29B | 88.57B | 84.75B |
| Goodwill | 22.84B | 22.84B | 22.84B | 28.67B | 28.60B | 24.77B | 24.39B | 24.61B | 29.17B | 27.20B |
| Intangible Assets | 10.46B | 11.13B | 11.06B | 11.46B | 11.68B | 9.41B | 9.50B | 9.78B | 10.25B | 8.90B |
| Total Assets | 404.26B | 384.71B | 380.25B | 379.68B | 366.60B | 316.48B | 291.73B | 264.83B | 257.14B | 244.18B |
| Accounts Payable | 12.15B | 10.43B | 10.02B | 8.75B | 8.04B | 6.67B | 7.72B | 7.23B | 7.06B | 7.08B |
| Short-Term Debt | 18.62B | 22.63B | 12.97B | 10.11B | 7.44B | 6.21B | 10.78B | 7.19B | 3.45B | 2.65B |
| Total Current Liabilities | 62.37B | 64.77B | 53.22B | 50.17B | 47.16B | 39.66B | 44.87B | 37.93B | 33.04B | 30.34B |
| Long-Term Debt | 139.53B | 121.38B | 137.70B | 140.68B | 143.43B | 123.17B | 100.71B | 105.87B | 113.64B | 105.43B |
| Total Liabilities | 298.52B | 284.14B | 286.46B | 287.22B | 283.40B | 247.21B | 228.89B | 210.12B | 212.46B | 220.15B |
| Shareholders' Equity | 105.74B | 100.58B | 93.80B | 92.46B | 83.20B | 69.27B | 62.84B | 54.71B | 44.69B | 24.03B |
| Retained Earnings | 94.74B | 89.11B | 82.92B | 82.38B | 71.99B | 60.46B | 53.15B | 43.54B | 35.63B | 15.06B |
| Total Debt | 158.15B | 144.01B | 150.67B | 150.79B | 150.87B | 129.38B | 111.49B | 113.06B | 117.09B | 108.08B |
| Net Cash (Debt) | -139.10B | -139.82B | -148.61B | -148.18B | -147.95B | -107.21B | -108.89B | -110.32B | -115.02B | -105.20B |
This table shows 10 annual periods of Verizon Communications's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow VZ's reporting calendar. What is a balance sheet?