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Churn Rate %, also known as the rate of attrition or customer churn, is a measure of the percentage of customers who stop doing business with the company over a specific period.
Verizon Communications's Churn Rate % for the quarter that ended in Mar. 2024 was 1.60% , which is lower than 1.67% for the pervious quarter ended in Dec. 2023.
Verizon Communications's Churn Rate % for the annual that ended in Dec. 2023 was 1.63% , which is higher than 1.58% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Verizon Communications's Churn Rate % or its related term are showing as below:
The historical data trend for Verizon Communications's Churn Rate % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Verizon Communications Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Churn Rate % | Get a 7-Day Free Trial |
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Verizon CommunicationsQuarterly Data | |||||||||||||||||||||||||||||||||||||||||
Trend | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |||||||||||||||||||||
Churn Rate % | Get a 7-Day Free Trial |
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For the Telecom Services subindustry, Verizon Communications's Churn Rate %, along with its competitors' market caps and Churn 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 (NYSE:VZ) Churn Rate % Explanation
The churn rate, also known as the rate of attrition or customer churn, is the rate at which customers stop doing business with the company. It is most commonly expressed as the percentage of service subscribers who discontinue their subscriptions within a given time period.
Thank you for viewing the detailed overview of Verizon Communications's Churn Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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