AT&T Inc. (“AT&T,” “we” or the “Company”) is a holding company incorporated under the laws of the State of Delaware in 1983 and has its principal executive offices at 208 S. Akard St., Dallas, Texas, 75202 (telephone number 210-821-4105). We maintain an internet website at www.att.com. (This website address is for information only and is not intended to be an active link or to incorporate any website information into this document.) We file electronically with the Securities and Exchange Commission (SEC) required reports on Form 8-K, Form 10-Q and Form 10-K; proxy materials; registration statements on Forms S-3 and S-8, as necessary; and other forms or reports as required. The SEC maintains a website (www.sec.gov) that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Service | $146.39B | $97.83B | $99.65B | $100.14B | $101.16B | 32% |
Wireless Service | $59.50B | $62.67B | $65.74B | $68.04B | $70.10B | 22% |
Operating Segments | $57.59B | $60.50B | $63.17B | $65.37B | $67.38B | 21% |
Other Capitalized Property Plant and Equipment | $22.47B | $22.91B | $22.78B | $22.20B | $24.49B | 8% |
Equipment | $22.47B | $22.91B | $22.78B | $22.20B | $24.49B | 8% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 125.6B | 125.6B | 122.3B | 122.4B | 120.7B | 134.0B |
| Net Income | 21.9B | 21.9B | 10.7B | 14.2B | -8.7B | 19.9B |
| EPS | $3.04 | $3.04 | $1.49 | $1.97 | $-1.13 | $2.06 |
| Free Cash Flow | 19.4B | 19.4B | 18.5B | 20.5B | 16.2B | 21.6B |
| ROIC | 7.6% | 8.5% | 5.4% | 6.9% | -3.7% | 5.8% |
| Gross Margin | 79.8% | 79.8% | 78.0% | 78.0% | 77.8% | 78.7% |
| Debt/Equity | 1.30 | 1.30 | 1.23 | 1.40 | 1.35 | 1.19 |
| Dividends/Share | $1.14 | $1.11 | $1.11 | $1.11 | $1.11 | $1.57 |
| Operating Income | 24.2B | 24.2B | 19.0B | 23.5B | -4.6B | 25.9B |
| Operating Margin | 19.2% | 19.2% | 15.6% | 19.2% | -3.8% | 19.3% |
| ROE | 17.3% | 17.9% | 9.1% | 12.1% | -8.2% | 10.8% |
| Shares Outstanding | 7,200M | 7,200M | 7,212M | 7,204M | 7,723M | 9,639M |
AT&T INC. passes 5 of 9 quality checks, suggesting mixed fundamentals.
AT&T INC. trades at 8.4x trailing earnings, compared to its 15-year median P/E of 7.8x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 9.2x vs a median of 6.9x. The company's 5-year average ROIC is 4.6% with a gross margin of 78.4%. Total shareholder yield (dividends + buybacks) is 6.9%. At current prices, the estimated annualized return to fair value is +0.2%.
AT&T INC. (T) has a current P/E ratio of 8.4, compared to its historical median P/E of 7.8. The stock is currently considered Fair based on its historical valuation range.
AT&T INC. (T) has a 5-year average return on invested capital (ROIC) of 4.6%. This is below average and may indicate limited pricing power.
AT&T INC. (T) has a market capitalization of $184.4B. It is classified as a large-cap stock.
Yes, AT&T INC. (T) pays a dividend with a trailing twelve-month yield of 4.44%. The company also returns capital through share buybacks, with a buyback yield of 2.44%.
Based on historical P/E analysis, AT&T INC. (T) appears fair. The current P/E of 8.4 is 8% above its historical median of 7.8. The estimated fair value CAGR (P/E method) is 8.0%.
AT&T INC. (T) operates in the Telephone Communications (No Radiotelephone) industry, within the Communication Services sector.
AT&T INC. (T) reported annual revenue of $125.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
AT&T INC. (T) has a net profit margin of 17.4%. This is a healthy margin.
AT&T INC. (T) generated $19.4 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
AT&T INC. (T) has a debt-to-equity ratio of 1.30. This indicates moderate leverage.
AT&T INC. (T) reported earnings per share (EPS) of $3.04 in its most recent fiscal year.
AT&T INC. (T) has a return on equity (ROE) of 17.9%. This indicates the company generates strong returns for shareholders.
AT&T INC. (T) has a 5-year average gross margin of 78.4%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for AT&T INC. (T), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
AT&T INC. (T) has a book value per share of $17.57, based on its most recent annual SEC filing.