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Verizon
VZ · NYSETelecom
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Network gear &devicesRAN, fibre, phones & chipsTowers,spectrum &…the physical plantThe carrierVerizon's networkConnectivityproductswireless, broadband & bus…Customerswho pays the billERICEricssonSSNLFSamsungNOKNokiaGLWCorningAAPLAppleQCOMQualcommAMTAmerican TowerCCICrown CastleMHzSpectrum licencesVZVerizon5GConsumer wirelessNETHome broadbandVALPrepaid (Verizon Value)VBVerizon BusinessYOUConsumersBIZBusinessesGOVGovernment & public sector
Company details
Market cap
$185B
P/E ratio
~10×
Div yield
~6.2%
EPS (TTM)
~$4.05
Profit margin
~12%
Rev. growth
+1.5%
Revenue
~$135B
Free cash flow
~$20B
In plain English
Verizon is one of America's three big wireless carriers and the pipes that carry the internet to phones and homes. It runs a nationwide 5G network built on Ericsson and Samsung gear, sells the iPhones that ride on it, and — after buying Frontier's fibre in early 2026 — now wires roughly 30 million homes with broadband too. A famously dependable ~6% dividend payer funded by tens of millions of monthly subscriptions.
In simple terms
What Verizon really sells
Verizon is one of America's three big wireless carriers and the pipes that carry the internet to phones and homes. It runs a nationwide 5G network built on Ericsson and Samsung gear, sells the iPhones that ride on it, and — after buying Frontier's fibre in early 2026 — now wires roughly 30 million homes with broadband too. A famously dependable ~6% dividend payer funded by tens of millions of monthly subscriptions.
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Risk read
Moderate
SteadierMore speculative
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