T · At&t Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · T

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$125.65B	$122.34B	$122.43B	$120.74B	$168.86B	$171.76B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$28.94B	$28.41B	$28.87B	$28.96B	$37.94B	$38.04B
Total Operating Expenses	$101.49B	$103.29B	$98.97B	$125.33B	$145.52B	$165.35B
D&A	$20.89B	$20.58B	$18.78B	$18.02B	$22.86B	$28.52B
Operating Income	$24.16B	$19.05B	$23.46B	($4.59B)	$23.35B	$6.41B
Interest Expense	$6.80B	$6.76B	$6.70B	$6.11B	$6.88B	$7.92B
Income Tax	$3.62B	$4.45B	$4.22B	$3.78B	$5.47B	$965.00M
Net Income	$21.95B	$10.95B	$14.40B	($8.52B)	$20.08B	($5.18B)
EPS - Basic	$3.04	$1.49	$1.97	($1.13)	$2.09	($0.57)
EPS - Diluted	$3.04	$1.49	$1.97	($1.13)	$2.08	($0.57)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$18.23B	$3.30B	$6.72B	$3.70B	$21.17B	$9.74B
Accounts Receivable	$8.84B	$9.64B	$10.29B	$11.47B	$17.57B	$20.21B
Inventory	-	-	-	-	-	$3.59B
Accounts Payable	$29.91B	$27.43B	$27.31B	$31.10B	$30.76B	$31.84B
Current Assets	$48.73B	$31.17B	$36.46B	$33.11B	$60.00B	$52.01B
Total Assets	$420.20B	$394.80B	$407.06B	$402.85B	$551.62B	$525.76B
Current Liabilities	$53.78B	$46.87B	$51.13B	$56.17B	$85.59B	$63.44B
Long-term Debt	$134.72B	$122.12B	$133.40B	$133.21B	$169.15B	$161.11B
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$126.49B	$118.25B	$117.44B	$106.46B	$183.85B	$179.24B
Retained Earnings	$15.77B	$1.87B	($5.01B)	($19.41B)	$42.35B	$37.46B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$38.77B	$38.77B	$38.31B	$37.48B	$41.96B	$43.13B
Investing Cash Flow	($17.49B)	($17.49B)	($19.66B)	($13.45B)	($32.09B)	($13.55B)
Financing Cash Flow	($24.71B)	($24.71B)	($15.61B)	($31.03B)	$1.58B	($32.01B)
CapEx	$20.84B	$20.26B	$17.85B	$19.63B	$16.53B	$15.68B
Free Cash Flow	$17.93B	$18.51B	$20.46B	$17.86B	$25.43B	$27.45B

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	19.2%	15.6%	19.2%	-3.8%	13.8%	3.7%
EBITDA margin	35.9%	32.4%	34.5%	11.1%	27.4%	20.3%
Net margin	17.5%	8.9%	11.8%	-7.1%	11.9%	-3.0%
Free cash flow margin	14.3%	15.1%	16.7%	14.8%	15.1%	16.0%
FCF / Net income	0.82	1.69	1.42	-2.10	1.27	-5.30
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	23.0%	23.2%	23.6%	24.0%	22.5%	22.1%
Effective tax rate	14.2%	28.9%	22.7%	-	21.4%	-
Return on assets	5.2%	2.8%	3.5%	-2.1%	3.6%	-1.0%
Return on equity	17.4%	9.3%	12.3%	-8.0%	10.9%	-2.9%
Return on invested capital	7.9%	5.6%	7.2%	-1.5%	5.2%	1.5%
Liquidity
Current ratio	0.91	0.66	0.71	0.59	0.70	0.82
Quick ratio	0.91	0.66	0.71	0.59	0.70	0.76
Cash ratio	0.34	0.07	0.13	0.07	0.25	0.15
Leverage
Debt / Equity	1.07	1.03	1.14	1.25	0.92	0.90
Debt / Assets	0.32	0.31	0.33	0.33	0.31	0.31
Debt / EBITDA	2.99	3.08	3.16	9.92	3.66	4.61
Interest coverage	3.6x	2.8x	3.5x	-0.8x	3.4x	0.8x
Equity multiplier	3.32	3.34	3.47	3.78	3.00	2.93
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	0.30	0.31	0.30	0.30	0.31	0.33
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	26d	29d	31d	35d	38d	43d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	8.2x	15.3x	8.5x	-	8.9x	-
P / B	1.4x	1.4x	1.0x	1.3x	0.7x	0.9x
P / S	1.4x	1.3x	1.0x	1.2x	0.8x	0.9x
EV / EBITDA	6.5x	7.1x	5.9x	20.0x	6.1x	8.8x
Growth
Revenue growth (YoY)	2.7%	-0.1%	1.4%	-28.5%	-1.7%	-5.2%
Revenue CAGR (3y)	1.3%	-10.2%	-10.7%	-12.7%	-0.4%	2.3%
Revenue CAGR (5y)	-6.1%	-7.6%	-6.4%	-5.5%	0.6%	3.2%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	26.8%	-18.8%	-	-	264.5%	-77.1%
Net income growth (YoY)	100.5%	-24.0%	-	-	-	-
EPS growth (YoY)	104.0%	-24.4%	-	-	-	-
EPS CAGR (3y)	-	-10.6%	-	-	-9.9%	-
EPS CAGR (5y)	-	-4.6%	-7.1%	-	-	-
FCF growth (YoY)	-3.1%	-9.5%	14.6%	-29.8%	-7.4%	-6.1%
FCF CAGR (5y)	-8.2%	-8.7%	-1.5%	-0.7%	7.4%	10.5%
Book value growth (YoY)	7.0%	0.7%	10.3%	-42.1%	2.6%	-11.2%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$94.23B total

Communications$89.48B · 95.0%

Latin America Business Segment$4.38B · 4.6%

Corporate And Other$373.00M · 0.4%

Product / service

$236.16B total

Service$101.16B · 42.8%

Wireless Service$67.38B · 28.5%

Product$24.49B · 10.4%

Other Capitalized Property Plant And Equipment$22.10B · 9.4%

Legacy Voice And Data$9.17B · 3.9%

Business Service$7.33B · 3.1%

IPBroadband$3.54B · 1.5%

Other Service$983.00M · 0.4%

Geographic

$125.65B total

US$120.22B · 95.7%

MX$4.43B · 3.5%

Asia Pacific$395.00M · 0.3%

Europe$382.00M · 0.3%

All Other Geographical Areas$114.00M · 0.1%

Region Of Latin America And Caribbean$110.00M · 0.1%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✓Current ratio improved
✓No share dilution
-Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Telephone Communications (No Radiotelephone)

Company	Revenue (last FY)	Net margin	ROE
VZ	$138.19B	12.4%	16.2%
SHEN	$357.85M	-9.2%	-3.7%
CXDO	$68.17M	7.4%	7.9%
FYBR	-	-	-
TDS	$1.23B	-0.5%	-0.1%

Comparing AT&T INC. against the 5 most active filers in the same SIC group.

Dividends

$1.11/share trailing 12 months · 0.0% YoY

Ex-date	Per share
Apr 10, 2026	$0.2780
Jan 12, 2026	$0.2780
Oct 10, 2025	$0.2780
Jul 10, 2025	$0.2780
Apr 10, 2025	$0.2780
Jan 10, 2025	$0.2780
Oct 10, 2024	$0.2780
Jul 10, 2024	$0.2780
Apr 9, 2024	$0.2780
Jan 9, 2024	$0.2780
Oct 6, 2023	$0.2780
Jul 7, 2023	$0.2780
Apr 6, 2023	$0.2780
Jan 9, 2023	$0.2780
Oct 6, 2022	$0.2780
Jul 8, 2022	$0.2780
Apr 13, 2022	$0.2780
Jan 7, 2022	$0.5200
Oct 7, 2021	$0.5200
Jul 8, 2021	$0.5200
Apr 8, 2021	$0.5200
Jan 8, 2021	$0.5200
Oct 8, 2020	$0.5200
Jul 9, 2020	$0.5200