Stock Analysis on Net
Stock Analysis on Net

Verizon Communications Inc. (NYSE:VZ)

デュポンの分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Verizon Communications Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2024/06/30 11.70% = 2.97% × 3.94
2024/03/31 11.99% = 2.97% × 4.03
2023/12/31 12.57% = 3.05% × 4.11
2023/09/30 21.38% = 5.43% × 3.94
2023/06/30 22.10% = 5.54% × 3.99
2023/03/31 23.24% = 5.71% × 4.07
2022/12/31 23.32% = 5.60% × 4.17
2022/09/30 22.06% = 5.14% × 4.29
2022/06/30 24.18% = 5.62% × 4.30
2022/03/31 25.55% = 5.85% × 4.37
2021/12/31 26.98% = 6.02% × 4.48
2021/09/30 28.61% = 6.24% × 4.59
2021/06/30 27.13% = 5.72% × 4.74
2021/03/31 26.52% = 5.47% × 4.85
2020/12/31 26.24% = 5.62% × 4.66
2020/09/30 28.14% = 6.16% × 4.56
2020/06/30 30.54% = 6.53% × 4.68
2020/03/31 30.54% = 6.24% × 4.89
2019/12/31 31.38% = 6.60% × 4.75
2019/09/30 — = — × 4.83
2019/06/30 — = — × 5.00
2019/03/31 — = — × 5.08

レポートに基づく: 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第2 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROEを3つの要素に分解

Verizon Communications Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2024/06/30 11.70% = 8.38% × 0.35 × 3.94
2024/03/31 11.99% = 8.44% × 0.35 × 4.03
2023/12/31 12.57% = 8.67% × 0.35 × 4.11
2023/09/30 21.38% = 15.58% × 0.35 × 3.94
2023/06/30 22.10% = 15.58% × 0.36 × 3.99
2023/03/31 23.24% = 15.85% × 0.36 × 4.07
2022/12/31 23.32% = 15.53% × 0.36 × 4.17
2022/09/30 22.06% = 14.22% × 0.36 × 4.29
2022/06/30 24.18% = 15.48% × 0.36 × 4.30
2022/03/31 25.55% = 15.93% × 0.37 × 4.37
2021/12/31 26.98% = 16.51% × 0.36 × 4.48
2021/09/30 28.61% = 16.42% × 0.38 × 4.59
2021/06/30 27.13% = 15.05% × 0.38 × 4.74
2021/03/31 26.52% = 14.58% × 0.37 × 4.85
2020/12/31 26.24% = 13.88% × 0.41 × 4.66
2020/09/30 28.14% = 14.26% × 0.43 × 4.56
2020/06/30 30.54% = 14.76% × 0.44 × 4.68
2020/03/31 30.54% = 14.00% × 0.45 × 4.89
2019/12/31 31.38% = 14.61% × 0.45 × 4.75
2019/09/30 — = — × — × 4.83
2019/06/30 — = — × — × 5.00
2019/03/31 — = — × — × 5.08

レポートに基づく: 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第2 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROEを5つの要素に分解

Verizon Communications Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2024/06/30 11.70% = 0.70 × 0.72 × 16.66% × 0.35 × 3.94
2024/03/31 11.99% = 0.70 × 0.73 × 16.43% × 0.35 × 4.03
2023/12/31 12.57% = 0.70 × 0.75 × 16.44% × 0.35 × 4.11
2023/09/30 21.38% = 0.77 × 0.84 × 23.99% × 0.35 × 3.94
2023/06/30 22.10% = 0.77 × 0.86 × 23.71% × 0.36 × 3.99
2023/03/31 23.24% = 0.76 × 0.87 × 23.68% × 0.36 × 4.07
2022/12/31 23.32% = 0.77 × 0.88 × 22.94% × 0.36 × 4.17
2022/09/30 22.06% = 0.77 × 0.89 × 20.90% × 0.36 × 4.29
2022/06/30 24.18% = 0.77 × 0.90 × 22.37% × 0.36 × 4.30
2022/03/31 25.55% = 0.77 × 0.90 × 23.12% × 0.37 × 4.37
2021/12/31 26.98% = 0.76 × 0.89 × 24.21% × 0.36 × 4.48
2021/09/30 28.61% = 0.76 × 0.88 × 24.43% × 0.38 × 4.59
2021/06/30 27.13% = 0.76 × 0.87 × 22.97% × 0.38 × 4.74
2021/03/31 26.52% = 0.76 × 0.85 × 22.49% × 0.37 × 4.85
2020/12/31 26.24% = 0.76 × 0.85 × 21.57% × 0.41 × 4.66
2020/09/30 28.14% = 0.88 × 0.83 × 19.64% × 0.43 × 4.56
2020/06/30 30.54% = 0.87 × 0.83 × 20.34% × 0.44 × 4.68
2020/03/31 30.54% = 0.87 × 0.82 × 19.53% × 0.45 × 4.89
2019/12/31 31.38% = 0.87 × 0.82 × 20.43% × 0.45 × 4.75
2019/09/30 — = — × — × — × — × 4.83
2019/06/30 — = — × — × — × — × 5.00
2019/03/31 — = — × — × — × — × 5.08

レポートに基づく: 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第2 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROAを2つのコンポーネントに分解

Verizon Communications Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2024/06/30 2.97% = 8.38% × 0.35
2024/03/31 2.97% = 8.44% × 0.35
2023/12/31 3.05% = 8.67% × 0.35
2023/09/30 5.43% = 15.58% × 0.35
2023/06/30 5.54% = 15.58% × 0.36
2023/03/31 5.71% = 15.85% × 0.36
2022/12/31 5.60% = 15.53% × 0.36
2022/09/30 5.14% = 14.22% × 0.36
2022/06/30 5.62% = 15.48% × 0.36
2022/03/31 5.85% = 15.93% × 0.37
2021/12/31 6.02% = 16.51% × 0.36
2021/09/30 6.24% = 16.42% × 0.38
2021/06/30 5.72% = 15.05% × 0.38
2021/03/31 5.47% = 14.58% × 0.37
2020/12/31 5.62% = 13.88% × 0.41
2020/09/30 6.16% = 14.26% × 0.43
2020/06/30 6.53% = 14.76% × 0.44
2020/03/31 6.24% = 14.00% × 0.45
2019/12/31 6.60% = 14.61% × 0.45
2019/09/30 — = — × —
2019/06/30 — = — × —
2019/03/31 — = — × —

レポートに基づく: 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第2 四半期に総資産利益率(ROA)が低下した主な理由は、純利益率で測定した収益性の低下です。

ROAを4つの要素に分解

Verizon Communications Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2024/06/30 2.97% = 0.70 × 0.72 × 16.66% × 0.35
2024/03/31 2.97% = 0.70 × 0.73 × 16.43% × 0.35
2023/12/31 3.05% = 0.70 × 0.75 × 16.44% × 0.35
2023/09/30 5.43% = 0.77 × 0.84 × 23.99% × 0.35
2023/06/30 5.54% = 0.77 × 0.86 × 23.71% × 0.36
2023/03/31 5.71% = 0.76 × 0.87 × 23.68% × 0.36
2022/12/31 5.60% = 0.77 × 0.88 × 22.94% × 0.36
2022/09/30 5.14% = 0.77 × 0.89 × 20.90% × 0.36
2022/06/30 5.62% = 0.77 × 0.90 × 22.37% × 0.36
2022/03/31 5.85% = 0.77 × 0.90 × 23.12% × 0.37
2021/12/31 6.02% = 0.76 × 0.89 × 24.21% × 0.36
2021/09/30 6.24% = 0.76 × 0.88 × 24.43% × 0.38
2021/06/30 5.72% = 0.76 × 0.87 × 22.97% × 0.38
2021/03/31 5.47% = 0.76 × 0.85 × 22.49% × 0.37
2020/12/31 5.62% = 0.76 × 0.85 × 21.57% × 0.41
2020/09/30 6.16% = 0.88 × 0.83 × 19.64% × 0.43
2020/06/30 6.53% = 0.87 × 0.83 × 20.34% × 0.44
2020/03/31 6.24% = 0.87 × 0.82 × 19.53% × 0.45
2019/12/31 6.60% = 0.87 × 0.82 × 20.43% × 0.45
2019/09/30 — = — × — × — × —
2019/06/30 — = — × — × — × —
2019/03/31 — = — × — × — × —

レポートに基づく: 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第2 四半期に総資産利益率(ROA)が低下した主な要因は、利息負担率で測定した支払利息効果の減少です。

当期純利益率の分解

Verizon Communications Inc.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2024/06/30 8.38% = 0.70 × 0.72 × 16.66%
2024/03/31 8.44% = 0.70 × 0.73 × 16.43%
2023/12/31 8.67% = 0.70 × 0.75 × 16.44%
2023/09/30 15.58% = 0.77 × 0.84 × 23.99%
2023/06/30 15.58% = 0.77 × 0.86 × 23.71%
2023/03/31 15.85% = 0.76 × 0.87 × 23.68%
2022/12/31 15.53% = 0.77 × 0.88 × 22.94%
2022/09/30 14.22% = 0.77 × 0.89 × 20.90%
2022/06/30 15.48% = 0.77 × 0.90 × 22.37%
2022/03/31 15.93% = 0.77 × 0.90 × 23.12%
2021/12/31 16.51% = 0.76 × 0.89 × 24.21%
2021/09/30 16.42% = 0.76 × 0.88 × 24.43%
2021/06/30 15.05% = 0.76 × 0.87 × 22.97%
2021/03/31 14.58% = 0.76 × 0.85 × 22.49%
2020/12/31 13.88% = 0.76 × 0.85 × 21.57%
2020/09/30 14.26% = 0.88 × 0.83 × 19.64%
2020/06/30 14.76% = 0.87 × 0.83 × 20.34%
2020/03/31 14.00% = 0.87 × 0.82 × 19.53%
2019/12/31 14.61% = 0.87 × 0.82 × 20.43%
2019/09/30 — = — × — × —
2019/06/30 — = — × — × —
2019/03/31 — = — × — × —

レポートに基づく: 10-Q (報告日: 2024-06-30), 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第2 四半期から当期純利益率が低下した主な要因は、利息負担率で測定した支払利息効果の減少です。