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Verizon Communications (Verizon Communications) 3-Year Book Growth Rate : 10.30% (As of Mar. 2024)


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What is Verizon Communications 3-Year Book Growth Rate?

Verizon Communications's Book Value per Share for the quarter that ended in Mar. 2024 was $22.41.

During the past 12 months, Verizon Communications's average Book Value per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 10.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 12.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 17.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Verizon Communications was 52.80% per year. The lowest was -38.40% per year. And the median was 2.60% per year.


Competitive Comparison of Verizon Communications's 3-Year Book Growth Rate

For the Telecom Services subindustry, Verizon Communications's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Verizon Communications's 3-Year Book Growth Rate Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Verizon Communications's 3-Year Book Growth Rate falls into.



Verizon Communications 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Verizon Communications  (NYSE:VZ) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Verizon Communications 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Verizon Communications's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Verizon Communications (Verizon Communications) Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.
Executives
Craig L. Silliman officer: EVP of PubPolicy & Gen Counsel 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Samantha Hammock officer: EVP & Chief HR Officer 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Joseph J. Russo officer: EVP&Pres-Global Networks&Tech VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Mary-lee Stillwell officer: SVP and Controller 804 CARNEGIE CENTER, PRINCETON NJ 08540
Kyle Malady officer: EVP & Chief Technology Officer 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Vittorio Colao director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Vandana Venkatesh officer: EVP and General Counsel VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Sowmyanarayan Sampath officer: EVP and Group CEO-VZ Business 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tami A. Erwin officer: EVP and Group CEO-VZ Business 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hans Erik Vestberg director, officer: Chairman and CEO 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Manon Brouillette officer: EVP and Group CEO-VZ Consumer 40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8
Carol B Tome director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kumara Guru Gowrappan officer: EVP and Group CEO-VZ Media 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Laxman Narasimhan director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Shellye L Archambeau director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036