Verizon Communications Inc. company logo
Verizon Communications Inc. logo

Verizon Communications Inc. (VZ) Cost Of Goods Sold

Annual Cost Of Goods Sold

$74.91B$2.92B+4.06%

Summary

Current Value
As of today, VZ annual cost of goods sold is $74.91B, up +4.06% on
Historical Performance
VZ annual cost of goods sold is down -1.74% over the past 3 years, up +10.29% over the past 5 years
All-Time High Comparison
VZ annual cost of goods sold is currently -1.74% below its historical high of $76.23B set on
3-Year Low Comparison
VZ annual cost of goods sold is +4.06% above its 3-year low of $71.99B reached on
Sector Comparison
VZ annual cost of goods sold is higher than 99.27% of companies in Communication Services sector

Cost Of Goods Sold Chart

SUGGESTED SERIES

Performance

VZ Performance
MetricDateValue1Y3Y5Y15Y
Annual Cost Of Goods Sold$74.91B+4.1%-1.7%+10.3%+28.5%
Quarterly Cost Of Goods Sold$18.09B-2.3%+5.7%-1.0%+18.5%
TTM Cost Of Goods Sold$75.41B+2.1%+2.1%+5.5%+26.6%
Price$48.48+11.4%+44.5%-13.2%+41.3%
Annual Total Expenses$121.02B+3.2%+4.7%+9.5%+16.3%
Annual Operating Expenses$33.82B+5.0%+12.2%+10.9%+15.5%
Annual Gross Profit$63.08B+0.4%+4.1%+4.5%+30.7%
Annual Revenue$138.19B+2.5%+1.0%+7.7%+29.7%

Cost Of Goods Sold Highs

VZ Annual Cost Of Goods Sold Highs Comparison
PeriodHighDateCurrent
3Y$76.23BN/A-1.7%
5Y$76.23B-1.7%
All$76.23B-1.7%

Cost Of Goods Sold Lows

VZ Annual Cost Of Goods Sold Lows Comparison
PeriodLowDateCurrent
3Y$71.99B+4.1%
5Y$67.92BN/A+10.3%
All$3.38B+2115.8%

Cost Of Goods Sold History

YearValueChange
$74.91B+4.1%
$71.99B-0.7%
$72.51B-4.9%
$76.23B+5.1%
$72.51B+6.8%
$67.92B-4.9%
$71.41B-1.7%
$72.61B+6.0%
$68.51B+1.7%
$67.35B-1.8%
$68.57B+3.2%
$66.46B+8.1%
$61.49B-1.9%
$62.70B+0.5%
$62.37B+7.0%
$58.31B-0.9%
$58.84B+10.0%
$53.47B+3.0%
$51.89B+4.8%
$49.51B+30.9%
$37.82B+2.0%
YearValueChange
$37.08B+5.0%
$35.30B-31.0%
$51.17B-1.2%
$51.78B+5.4%
$49.11B+198.8%
$16.44B+4.9%
$15.67B+85.6%
$8.44B+11.2%
$7.59B+10.5%
$6.87B+71.8%
$4.00B-0.6%
$4.03B+2.2%
$3.94B+0.1%
$3.94B+4.7%
$3.76B+0.6%
$3.74B-40.5%
$6.28B+7.6%
$5.84B+5.5%
$5.53B+4.8%
$5.28B+56.1%
$3.38B-

FAQ

What is the current annual cost of goods sold of VZ?
As of today, VZ annual cost of goods sold is $74.91B
What is 1-year change in VZ annual cost of goods sold?
VZ annual cost of goods sold is up +4.06% year-over-year
What is 3-year change in VZ annual cost of goods sold?
VZ annual cost of goods sold is down -1.74% over the past 3 years
How far is VZ annual cost of goods sold from its all-time high?
VZ annual cost of goods sold is currently -1.74% below its historical high of $76.23B set on December 31, 2022
How does VZ annual cost of goods sold rank versus sector peers?
VZ annual cost of goods sold is higher than 99.27% of companies in Communication Services sector
When is VZ next annual earnings release?
As of today, the next annual earnings release for VZ has not been scheduled

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

  1. VZ Official Website www.verizon.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/732712/000073271226000003/0000732712-26-000003-index.htm
  3. VZ Profile on Yahoo Finance finance.yahoo.com/quote/VZ
  4. VZ Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/vz