Verizon Communications Inc.New York, NY, United States (NYSE: VZ)

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Verizon Income Statement

All amounts in millions of except per share amounts.
View: Annual | Quarterly
Dec 07 Dec 06 Dec 05
Revenue 93,469.0 88,144.0 75,112.0
Cost of Goods Sold 37,547.0 34,994.0 25,469.0
Gross Profit 55,922.0 53,150.0 49,643.0
Gross Profit Margin 59.8% 60.3% 66.1%
SG&A Expense 25,967.0 25,232.0 20,782.0
Depreciation & Amortization 14,377.0 14,545.0 14,047.0
Operating Income 15,578.0 13,373.0 14,814.0
Operating Margin 16.7% 15.2% 19.7%
Nonoperating Income 211.0 395.0 237.0
Nonoperating Expenses 1,829.0 2,349.0 2,180.0
Income Before Taxes 9,492.0 8,154.0 10,607.0
Income Taxes 3,982.0 2,674.0 3,210.0
Net Income After Taxes 5,510.0 5,480.0 7,397.0

Continuing Operations 5,510.0 5,480.0 7,397.0
Discontinued Operations 142.0 759.0 --
Total Operations 5,652.0 6,239.0 7,397.0
Total Net Income 5,521.0 6,197.0 7,397.0
Net Profit Margin 5.9% 7.0% 9.8%

Diluted EPS from Total Net Income ($) 1.90 2.12 2.65
Dividends per Share 1.64 1.55 1.53
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