Verizon Communications Inc. (BAC) - Net Assets
Based on the latest financial reports, Verizon Communications Inc. (BAC) has net assets worth €104.62 Billion EUR (≈ $122.31 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€417.88 Billion ≈ $488.55 Billion USD) and total liabilities (€313.26 Billion ≈ $366.23 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Verizon Communications Inc. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €104.62 Billion |
| % of Total Assets | 25.04% |
| Annual Growth Rate | 20.43% |
| 5-Year Change | 27.09% |
| 10-Year Change | 340.0% |
| Growth Volatility | 22.48 |
Verizon Communications Inc. - Net Assets Trend (2014–2025)
This chart illustrates how Verizon Communications Inc.'s net assets have evolved over time, based on quarterly financial data. See BAC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Verizon Communications Inc. (2014–2025)
The table below shows the annual net assets of Verizon Communications Inc. from 2014 to 2025. For live valuation and market cap data, see BAC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €105.74 Billion ≈ $123.62 Billion |
+5.14% |
| 2024-12-31 | €100.58 Billion ≈ $117.58 Billion |
+7.22% |
| 2023-12-31 | €93.80 Billion ≈ $109.66 Billion |
+1.44% |
| 2022-12-31 | €92.46 Billion ≈ $108.10 Billion |
+11.13% |
| 2021-12-31 | €83.20 Billion ≈ $97.27 Billion |
+20.11% |
| 2020-12-31 | €69.27 Billion ≈ $80.99 Billion |
+10.24% |
| 2019-12-31 | €62.84 Billion ≈ $73.46 Billion |
+14.85% |
| 2018-12-31 | €54.71 Billion ≈ $63.96 Billion |
+22.43% |
| 2017-12-31 | €44.69 Billion ≈ $52.24 Billion |
+85.95% |
| 2016-12-31 | €24.03 Billion ≈ $28.10 Billion |
+34.69% |
| 2015-12-31 | €17.84 Billion ≈ $20.86 Billion |
+30.46% |
| 2014-12-31 | €13.68 Billion ≈ $15.99 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Verizon Communications Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3771.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €94.74 Billion | 90.70% |
| Other Components | €9.72 Billion | 9.30% |
| Total Equity | €104.46 Billion | 100.00% |
Verizon Communications Inc. Competitors by Market Cap
The table below lists competitors of Verizon Communications Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banco Santander SA ADR
NYSE:SAN
|
$167.40 Billion |
|
Hermes International SCA
PA:RMS
|
$168.42 Billion |
|
SAP SE
F:SAP
|
$168.70 Billion |
|
Arista Networks
NYSE:ANET
|
$171.79 Billion |
|
Reliance Industries Limited
F:RLI
|
$166.45 Billion |
|
Charles Schwab Corp
NYSE:SCHW
|
$166.45 Billion |
|
Mitsubishi UFJ Financial Group Inc
F:MFZA
|
$164.80 Billion |
|
Industria de Diseno Textil SA
MC:ITX
|
$164.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Verizon Communications Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 99,237,000,000 to 104,460,000,000, a change of 5,223,000,000 (5.3%).
- Net income of 17,174,000,000 contributed positively to equity growth.
- Dividend payments of 11,481,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €17.17 Billion | +16.44% |
| Dividends Paid | €11.48 Billion | -10.99% |
| Other Changes | €-470.00 Million | -0.45% |
| Total Change | €- | 5.26% |
Book Value vs Market Value Analysis
This analysis compares Verizon Communications Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.85x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €10.56 | €40.65 | x |
| 2018-12-31 | €12.86 | €40.65 | x |
| 2019-12-31 | €14.84 | €40.65 | x |
| 2020-12-31 | €16.39 | €40.65 | x |
| 2021-12-31 | €19.76 | €40.65 | x |
| 2022-12-31 | €21.70 | €40.65 | x |
| 2023-12-31 | €21.98 | €40.65 | x |
| 2024-12-31 | €23.57 | €40.65 | x |
| 2025-12-31 | €24.77 | €40.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Verizon Communications Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.43%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.87x
- Recent ROE (16.44%) is below the historical average (41.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 78.26% | 7.57% | 0.55x | 18.91x | €8.40 Billion |
| 2015 | 108.83% | 13.58% | 0.54x | 14.86x | €16.24 Billion |
| 2016 | 58.28% | 10.42% | 0.52x | 10.84x | €10.87 Billion |
| 2017 | 69.85% | 23.88% | 0.49x | 5.97x | €25.79 Billion |
| 2018 | 29.22% | 11.87% | 0.49x | 4.98x | €10.21 Billion |
| 2019 | 31.38% | 14.61% | 0.45x | 4.75x | €13.13 Billion |
| 2020 | 26.24% | 13.88% | 0.41x | 4.66x | €11.02 Billion |
| 2021 | 26.98% | 16.51% | 0.36x | 4.48x | €13.89 Billion |
| 2022 | 23.32% | 15.53% | 0.36x | 4.17x | €12.14 Billion |
| 2023 | 12.57% | 8.67% | 0.35x | 4.11x | €2.37 Billion |
| 2024 | 17.64% | 12.99% | 0.35x | 3.88x | €7.58 Billion |
| 2025 | 16.44% | 12.43% | 0.34x | 3.87x | €6.73 Billion |
Industry Comparison
This section compares Verizon Communications Inc.'s net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $457,550,674,838
- Average return on equity (ROE) among peers: 0.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Verizon Communications Inc. (BAC) | €104.62 Billion | 78.26% | 2.99x | $166.83 Billion |
| LIBERTY LAT.AMER.A DL-01 (1LL) | $2.90 Billion | -15.21% | 4.30x | $297.88 Million |
| LIBERTY LAT.AMER.C DL-01 (1LLC) | $2.56 Billion | -6.68% | 4.31x | $1.25 Billion |
| 1&1 AG (1U1) | $120.45 Million | 19.47% | 3.34x | $4.35 Billion |
| CHINA TOWER UNSP.ADR/100 (2Y10) | $197.69 Billion | 4.93% | 0.65x | $5.02 Billion |
| SOFTBANK CORP. ADR (3AG0) | $4.27 Trillion | 12.33% | 2.78x | $52.06 Billion |
| TELSTRA GROUP LTD SP.ADR (5KB) | $17.35 Billion | 9.35% | 1.63x | $37.53 Billion |
| VODACOM GROUP LTD. SP.ADR (5VD0) | $85.47 Billion | 20.08% | 1.08x | $15.26 Billion |
| EuroTeleSites AG (7YF) | $234.07 Million | 0.00% | 7.39x | $762.51 Million |
| Swissnet AG (81D) | $7.12 Million | -60.93% | 1.71x | $29.36 Million |
| AIRTEL AFRICA UNSP.ADR/10 (9AA0) | $3.81 Billion | 17.41% | 1.93x | $16.88 Billion |
About Verizon Communications Inc.
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networ… Read more