AT&T Inc. (T)

AT&T Inc. provides telecommunications and technology services worldwide. It operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores. It also provides AT&T Dedicated Internet, fiber ethernet and broadband, fixed wireless, and hosted and managed professional services; and copper-based voice and data, Virtual Private Networks (VPN), wholesale, outsourcing, and IP, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections, legacy telephony voice communication services, and other VoIP services and equipment to residential customers. This segment markets its communications services and products under the AT&T, AT&T Business, Cricket, AT&T PREPAID, AT&T Fiber, and AT&T Internet Air brand names. Its Latin America segment provides postpaid and prepaid wireless services in Mexico under the AT&T and Unefon brand names, as well as sells smartphones through its stores, agents and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is based in Dallas, Texas.

Symbol
T
Exchange
NYSE
Sector
Communication Services
Industry
Telecom Services
Market cap
$169.15B
52 week range
19.89 - 29.44

Valuation

Share price
$24.30 (close of 2026-10-01)
P/E (TTM)
8.10x
Price to book
1.34x
Price to free cash flow
9.60x
Enterprise value
$314.47B
Book value per share
$18.22

Price performance

PeriodChange
1 day-0.41%
5 days-4.52%
1 month-6.54%
3 months+18.65%
6 months-14.16%
Year to date-2.17%
1 year-11.80%
3 years+61.79%
5 years+18.48%
10 years-20.78%
All time+526.30%

Members of Congress who disclosed T trades

David Taylor · Tim Moore · Julia Letlow · Cleo Fields · James Comer · Lisa McClain · Alan Armstrong · Dan Newhouse · French Hill · Gary Peters · Jefferson Shreve · John Fetterman

And 2 others

Profitability and growth

Return on equity
17.36%
Return on invested capital
7.80%
Return on assets
5.22%
Return on capital employed
6.59%
Gross margin
42.26%
Net margin
17.47%
EBITDA margin
35.85%
Revenue growth
2.71%
Net income growth
100.52%
Free cash flow growth
5.05%

Cash flow and balance sheet

Free cash flow yield (TTM)
10.42%
Current ratio
0.97x
Net debt to EBITDA
2.71x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$125.65B
Cost of revenue
$72.54B
Gross profit
$53.10B
EBITDA
$45.05B
Net income
$21.95B
Earnings per share
$3.04
Shares outstanding
7.17B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$125.65B$53.10B$21.95B$3.04
2024-12-31$122.34B$47.46B$10.95B$1.49
2023-12-31$122.43B$52.34B$14.40B$1.97
2022-12-31$120.74B$24.37B-$8.52B$-1.13
2021-12-31$134.04B$55.57B$20.08B$2.77
2020-12-31$143.05B$39.19B-$5.18B$-0.75
2019-12-31$181.19B$67.38B$13.90B$1.90
2018-12-31$170.76B$144.03B$19.37B$2.85
2017-12-31$160.55B$139.39B$29.45B$4.77
2016-12-31$163.79B$143.94B$12.98B$2.10

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3142.26%17.47%17.36%7.80%
2024-12-3138.79%8.95%9.26%5.71%
2023-12-3142.75%11.76%12.26%7.24%
2022-12-3120.19%-7.06%-8.01%-1.78%
2021-12-3141.46%14.98%10.92%5.39%
2020-12-3127.40%-3.62%-2.89%2.01%
2019-12-3137.19%7.67%6.88%6.23%
2018-12-3184.35%11.34%9.99%10.54%
2017-12-3186.82%18.34%20.74%15.38%
2016-12-3187.88%7.92%10.46%13.32%

Cash and debt by year

Period endCashDebt
2025-12-31$18.23B$134.72B
2024-12-31$3.30B$122.12B
2023-12-31$6.72B$133.40B
2022-12-31$3.70B$133.21B
2021-12-31$19.22B$167.48B
2020-12-31$7.92B$155.21B
2019-12-31$9.70B$161.11B
2018-12-31$5.20B-
2017-12-31$50.50B-
2016-12-31$5.79B-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$19.44B$536.00M
2024-12-31$18.51B$505.00M
2023-12-31$20.46B$479.00M
2022-12-31$16.19B$518.00M
2021-12-31$26.41B$447.00M
2020-12-31$28.44B$422.00M
2019-12-31$29.03B$819.00M
2018-12-31$22.35B$463.00M
2017-12-31$17.36B$480.00M
2016-12-31$16.93B$653.00M

Dividend history

Most recent payment
2026-07-10
Paid in the last twelve months
$1.11
Payment dateDividend per share
2026-07-10$0.28
2026-04-10$0.28
2026-01-12$0.28
2025-10-10$0.28
2025-07-10$0.28
2025-04-10$0.28
2025-01-10$0.28
2024-10-10$0.28

Investor relations

Next earnings report

Next confirmed report
2026-10-21
Consensus EPS estimate
$0.61

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-22Jun/2026$0.59
2026-04-22--
2026-01-28--
2025-10-22--
2025-07-23--
2025-07-22--
2025-04-23--
2025-04-22--

Filings and sources

Company website
att.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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