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Verizon (VZ) Financial Forecast Calculator

Interactive 5-year forecast and DCF for Verizon. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Verizon’s most recent SEC filings.

Revenue FY30
$136.65B
from $133.97B
FCF FY30
$33.19B
Margin 24.3%
Enterprise value
$507.81B
3.8× LTM revenue
Equity value
$367.99B
Net debt $139.82B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
0.4%
-10.0%baseline 0.4%40.0%
Gross margin
45.0%
5.0%baseline 45.0%90.0%
Capex % of revenue
3.5%
0.0%baseline 3.5%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the Verizon forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What services does Verizon Communications Inc. provide?+

Verizon is a leading provider of technology and communications services in the United States, offering voice, data, and video services. These are delivered over its award-winning wireless and wireline networks to both retail consumers and businesses.

What are Verizon's primary revenue sources and business segments?+

Verizon's revenue is primarily driven by its Consumer Group, which accounts for approximately 77% of total revenue through wireless and wireline services like Fios internet and Fixed Wireless Access. The Verizon Business Group contributes about 21% by providing services to businesses, public sector customers, and wholesale partners.

What is a key capital expenditure assumption in Verizon's financial model?+

A key assumption in Verizon's financial model is Capex_Pct_Revenue, set at approximately 3.49%. This reflects the ongoing capital expenditures required for network maintenance, capacity upgrades, and strategic growth initiatives like fiber expansion and Frontier asset integration.

What are the key considerations for valuing Verizon's equity and credit profile?+

The financial model evaluates Verizon's equity valuation and credit profile by assessing its robust free cash flow generation. Key considerations include its ability to support a high dividend yield, fund the integration of the Frontier Communications acquisition, and maintain target leverage ratios.

Can I download an Excel financial model for Verizon (VZ)?+

Yes, an Excel financial model for Verizon (VZ) is available for download. This general corporate model provides forecasts from FY2026 to FY2030 to help evaluate the company's financial performance.

What is Verizon's typical working capital profile?+

Verizon typically maintains a negative net working capital profile, ranging from negative 8% to negative 12% of revenue. This structural cash flow advantage is achieved by leveraging its scale to extend payables while efficiently collecting service revenue.

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