T
At&T Inc.
$21.09
+0.51 (+2.48%)
At close · Jul 7
Market Cap
$146.75B
Shares
6,948,338,835
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$125.65B
+2.7%
FY2025
Net Income
$21.95B
+100.5%
FY2025
Gross Margin
54.24%
-5.8pp
FY2014
Operating Margin
19.23%
+3.7pp
FY2025
Diluted EPS
$3.04
+104%
FY2025
Operating Cash Flow
$40.28B
+3.9%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $126.53B | $125.65B | $122.34B | $122.43B | $120.74B | $134.04B | $143.05B | $181.19B | $170.76B | $160.55B | $163.79B | $146.8B | $132.45B | $128.75B | $127.43B | $126.72B | $124.28B | $122.51B | $123.44B | $118.93B | |
| — | — | — | — | — | — | — | — | — | — | — | — | $60.61B | $51.46B | $55.23B | $54.9B | $50.26B | $50.64B | $56.69B | $46.8B | |
| — | — | — | — | — | — | — | — | — | — | — | — | $71.84B | $77.29B | $72.21B | $71.82B | $74.02B | $71.87B | $66.76B | $72.13B | |
| — | — | — | — | — | — | — | — | — | — | — | — | 54.24% | 60.03% | 56.66% | 56.67% | 59.56% | 58.67% | 54.08% | 60.65% | |
| $29.11B | $28.94B | $28.41B | $28.87B | $28.96B | $29.67B | $30.82B | $39.42B | $36.77B | $35.47B | $36.85B | $35.71B | $39.7B | $28.41B | $41.07B | $41.31B | $34.99B | $31.36B | $48.77B | $30.15B | |
| — | — | — | — | — | $4.29B | $8.24B | $7.93B | $8.35B | $4.63B | $5.19B | $2.73B | $500M | $672M | $1.21B | $2.01B | $2.98B | — | — | — | |
| $20.66B | $20.89B | $20.58B | $18.78B | $18.02B | $17.85B | $22.52B | $28.22B | $28.43B | $24.39B | $25.85B | $22.02B | $18.27B | $18.4B | $18.14B | $18.38B | $19.38B | $19.52B | $19.67B | $21.58B | |
| $100.05B | — | — | — | — | — | — | — | — | — | — | — | — | $98.27B | $114.44B | $117.51B | $104.71B | $101.51B | $125.13B | $98.52B | |
| $101.46B | $101.49B | $103.29B | $98.97B | $125.33B | $108.14B | $134.68B | $153.24B | $144.66B | $140.58B | $140.24B | $126.44B | $120.24B | $98B | $114.44B | — | — | — | — | — | |
| $25.07B | $24.16B | $19.05B | $23.46B | -$4.59B | $25.9B | $8.37B | $27.96B | $26.1B | $19.97B | $23.54B | $20.36B | $12.21B | $30.75B | $13B | $9.22B | $19.57B | $21B | -$1.69B | $20.4B | |
| — | 19.23% | 15.57% | 19.16% | -3.8% | 19.32% | 5.85% | 15.43% | 15.28% | 12.44% | 14.37% | 13.87% | 9.22% | 23.88% | 10.2% | 7.27% | 15.75% | 17.14% | -1.37% | 17.16% | |
| $45.73B | $45.05B | $39.63B | $42.24B | $13.43B | $43.75B | $30.9B | $56.17B | $54.53B | $44.36B | $49.39B | $42.38B | $30.49B | $49.15B | $31.14B | $27.6B | $38.95B | $40.52B | $17.98B | $41.98B | |
| $6.96B | $6.8B | $6.76B | $6.7B | $6.11B | $6.72B | $7.73B | $8.42B | $7.96B | $6.3B | $4.91B | $4.12B | $3.61B | $3.94B | $3.44B | $3.54B | $2.99B | $3.37B | $3.37B | $3.51B | |
| $1.35B | $2.85B | -$2.35B | -$3.61B | $1.49B | $3.27B | -$8.73B | -$9.49B | -$1.22B | -$4.83B | -$3.73B | $330M | -$1.86B | -$2.7B | -$2.56B | -$2.5B | -$1.34B | -$2.48B | -$2.88B | -$2.01B | |
| $414M | $1.9B | $1.99B | $1.68B | $1.79B | $603M | $89M | $6M | -$48M | $128M | $98M | $79M | $175M | $642M | $752M | $784M | $762M | $734M | $819M | $692M | |
| — | $5.89B | -$80M | -$441M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| $26.41B | $27.01B | $16.7B | $19.85B | -$3.09B | $29.17B | -$354M | $18.47B | $24.87B | $15.14B | $19.81B | $20.69B | $10.36B | $28.05B | $10.44B | $6.72B | $18.24B | $18.52B | — | — | |
| $3.5B | $3.62B | $4.45B | $4.23B | $3.78B | $5.4B | $1.17B | $3.49B | $4.92B | -$14.71B | $6.48B | $7.01B | $3.62B | $9.33B | $2.9B | $2.53B | -$1.16B | $6.09B | -$2.21B | $6.25B | |
| $21.43B | $21.95B | $10.95B | $14.4B | -$8.52B | $20.08B | -$5.18B | $13.9B | $19.37B | $29.45B | $12.98B | $13.35B | $6.44B | $18.42B | $7.26B | $3.94B | $19.86B | $12.14B | -$2.63B | $11.95B | |
| — | 17.47% | 8.95% | 11.76% | -7.06% | 14.98% | -3.62% | 7.67% | 11.34% | 18.34% | 7.92% | 9.09% | 4.86% | 14.31% | 5.7% | 3.11% | 15.98% | 9.91% | -2.13% | 10.05% | |
| $1.44B | $1.43B | $1.31B | $1.22B | $1.47B | $1.4B | $1.36B | $1.07B | $583M | $397M | $357M | $342M | $294M | $304M | $275M | $240M | $315M | $309M | -$261M | $196M | |
| $21.29B | $21.89B | $10.75B | $14.19B | -$8.73B | $19.87B | -$5.37B | $13.9B | $19.37B | $29.45B | — | — | — | — | — | — | — | — | — | — | |
| $20.18B | $20.3B | $9.44B | $13.93B | -$9.29B | $19.28B | -$6.32B | $15.12B | $17.26B | $29.98B | $12.6B | $10.62B | $6.62B | $21.06B | $9.32B | $4.41B | $19.9B | $15.23B | -$3.71B | — | |
| USD/shares | — | $3.04 | $1.49 | $1.97 | -$1.13 | $2.77 | -$0.75 | $1.44 | $2.15 | $3.60 | $1.59 | $1.79 | $0.94 | $2.58 | $0.94 | $0.50 | $2.54 | $1.56 | -$0.33 | $1.47 |
| USD/shares | — | $3.04 | $1.49 | $1.97 | -$1.13 | $2.73 | -$0.75 | $1.43 | $2.15 | $3.60 | $1.59 | $1.79 | $0.94 | $2.58 | $0.94 | $0.50 | $2.53 | $1.55 | -$0.33 | $1.47 |
| shares | — | 7.17B | 7.2B | 7.18B | 7.17B | 7.17B | 7.16B | 9.69B | 8.97B | 8.16B | 8.17B | 7.45B | 6.89B | 7.11B | 7.68B | 7.85B | 7.83B | 7.81B | — | — |
| shares | — | 7.18B | 7.2B | 7.26B | 7.59B | 7.5B | 7.47B | 9.73B | 9.01B | 8.19B | 8.19B | 7.48B | 6.91B | 7.13B | 7.71B | 7.88B | 7.86B | 7.84B | 7.89B | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $59.63B in buybacks, $204.24B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
2.16×
Telecom Services median 2.16×
EV/EBIT
10.90×
P/E (TTM)
7.11×
Telecom Services median 19.14×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Communications | $120,896,000,000 | $117,652,000,000 | $118,038,000,000 | $117,067,000,000 | $114,730,000,000 | $109,965,000,000 | $109,969,000,000 | $143,721,000,000 |
| Latin America Business Segment | $4,379,000,000 | $4,232,000,000 | $3,932,000,000 | $3,144,000,000 | $2,747,000,000 | $2,562,000,000 | $6,963,000,000 | $7,652,000,000 |
| Corporate And Other | $373,000,000 | $452,000,000 | $458,000,000 | $530,000,000 | $16,561,000,000 | — | $1,603,000,000 | $2,101,000,000 |
| Warner Media | — | — | — | — | — | $30,442,000,000 | $35,259,000,000 | $20,585,000,000 |
| Xandr | — | — | — | — | — | — | $2,022,000,000 | $1,740,000,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| United States | $120,219,000,000 | $116,882,000,000 | $117,097,000,000 | $116,006,000,000 | $129,157,000,000 | $138,188,000,000 | $161,689,000,000 | $154,795,000,000 |
| Mexico | $4,428,000,000 | $4,286,000,000 | $3,993,000,000 | $3,210,000,000 | $2,824,000,000 | $2,651,000,000 | $3,198,000,000 | $3,100,000,000 |
| Asia Pacific | $395,000,000 | $462,000,000 | $521,000,000 | $592,000,000 | $747,000,000 | $816,000,000 | $2,793,000,000 | $2,214,000,000 |
| Europe | $382,000,000 | $441,000,000 | $504,000,000 | $584,000,000 | $907,000,000 | $1,022,000,000 | $6,536,000,000 | $4,073,000,000 |
| All Other Geographical Areas | $114,000,000 | $116,000,000 | $119,000,000 | $132,000,000 | $152,000,000 | $161,000,000 | $961,000,000 | $795,000,000 |
| Region of Latin America and Caribbean | $110,000,000 | $149,000,000 | $194,000,000 | $217,000,000 | $251,000,000 | $212,000,000 | — | — |
| Brazil | — | — | — | — | — | — | $2,797,000,000 | $2,724,000,000 |
| Region Of Latin America And Caribbean Excluding Brazil | — | — | — | — | — | — | $3,219,000,000 | $3,055,000,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Wireless Service | $70,099,000,000 | $68,041,000,000 | $65,744,000,000 | $62,674,000,000 | $59,498,000,000 | $57,726,000,000 | $57,530,000,000 | $56,482,000,000 |
| Product | $24,490,000,000 | $22,201,000,000 | $22,779,000,000 | $22,910,000,000 | — | — | — | — |
| Business Service | $15,978,000,000 | $14,360,000,000 | $12,861,000,000 | $21,891,000,000 | $23,294,000,000 | $24,627,000,000 | $25,441,000,000 | — |
| Legacy Voice and Data | $10,362,000,000 | $12,613,000,000 | $15,482,000,000 | $2,069,000,000 | $2,406,000,000 | $2,767,000,000 | $3,138,000,000 | $14,004,000,000 |
| IP Broadband | $3,542,000,000 | $3,821,000,000 | $4,188,000,000 | $9,669,000,000 | $9,085,000,000 | $8,534,000,000 | $8,403,000,000 | — |
| Other Service | $1,177,000,000 | $1,300,000,000 | $1,374,000,000 | $1,528,000,000 | $1,859,000,000 | $1,938,000,000 | $3,190,000,000 | $6,533,000,000 |
| Advanced Data | — | — | — | — | — | $21,910,000,000 | $21,378,000,000 | $20,350,000,000 |
| Content Service | — | — | — | — | $12,622,000,000 | $9,819,000,000 | $13,880,000,000 | — |
| Media Content Service Revenue | — | — | — | — | — | $9,819,000,000 | $13,880,000,000 | $8,384,000,000 |
| Service and Other | — | — | — | — | $111,565,000,000 | $124,057,000,000 | $163,499,000,000 | $152,345,000,000 |
| Subscription Arrangement Service Revenue | — | — | — | — | — | $40,556,000,000 | $44,947,000,000 | $42,170,000,000 |
| Subscription Service | — | — | — | — | $13,133,000,000 | $10,655,000,000 | $10,402,000,000 | — |
| Video Service | — | — | — | — | $15,423,000,000 | $28,465,000,000 | $34,545,000,000 | — |
| Advertising | — | — | — | — | $6,852,000,000 | $6,416,000,000 | $6,970,000,000 | $4,422,000,000 |
| Equipment | — | — | — | — | $22,473,000,000 | $18,993,000,000 | $17,694,000,000 | $18,411,000,000 |
| Media Content | — | — | — | — | — | — | $10,631,000,000 | $6,541,000,000 |
| Other Capitalized Property Plant And Equipment | — | — | — | — | $22,473,000,000 | $18,993,000,000 | $17,694,000,000 | $18,411,000,000 |
| Service | — | — | — | — | $111,565,000,000 | $124,057,000,000 | $163,499,000,000 | — |
| Subscription Arrangement | — | — | — | — | — | — | $48,392,000,000 | $44,075,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Communications | $27,927,000,000 | $27,095,000,000 | $27,801,000,000 | $26,736,000,000 | $26,293,000,000 | $29,062,000,000 | $29,815,000,000 | $32,108,000,000 |
| Latin America Business Segment | $145,000,000 | $40,000,000 | -$141,000,000 | -$326,000,000 | -$510,000,000 | -$587,000,000 | -$662,000,000 | -$744,000,000 |
| Corporate And Other | -$3,910,000,000 | -$8,086,000,000 | -$4,199,000,000 | -$30,997,000,000 | $114,000,000 | — | — | — |
| Warner Media | — | — | — | — | — | $8,192,000,000 | $10,498,000,000 | $6,995,000,000 |
| Xandr | — | — | — | — | — | — | $1,318,000,000 | $1,333,000,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Communications | 23.1% | 23% | 23.6% | 22.8% | 22.9% | 26.4% | 27.1% | 22.3% |
| Latin America Business Segment | 3.3% | 0.9% | -3.6% | -10.4% | -18.6% | -22.9% | -9.5% | -9.7% |
| Corporate And Other | -1048.3% | -1788.9% | -916.8% | -5848.5% | 0.7% | — | — | — |
| Warner Media | — | — | — | — | — | 26.9% | 29.8% | 34% |
| Xandr | — | — | — | — | — | — | 65.2% | 76.6% |
Key facts
CIK
732717
CUSIP
00206R102
13F (30d)
191 filings
121 filers
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