TNYSETelephone Communications (No Radiotelephone)Fiscal year ends December 31Also trades as T.PA, T.PC, TBB
AT&T INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 22, 2026
$23.20−0.24 (-1.02%)
Close on Oct 19, 2026
- Market cap
- $161.15B
- P/E (TTM)
- 7.7
- Dividend yield
- 4.78%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
19.2%+13.4 pts over 5 years
Net margin
17.5%+21.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.7% | +1.3% | -2.6% | -1.5% | |
| Operating income | +26.8% | – | +23.6% | -0.3% | |
| Net income | +100.5% | – | – | +5.1% | |
| EPS, diluted | +104.0% | – | – | +2.5% | |
| Free cash flow | +5.0% | +6.3% | -3.1% | +1.6% | |
| Dividend per share | 0.0% | 0.0% | -11.8% | -5.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 3.2% | -1.0% | 5.4% | |
| Current ratio | 0.76 | 0.82 | 0.91 | |
| Net debt to EBITDA | 2.38× | 4.83× | 2.62× | |
| Interest coverage | 4.8× | 1.1× | 3.6× | |
| Capex to revenue | 13.1% | 10.3% | 16.6% | |
| Diluted shares | 6.19B | 7.47B | 7.18B |
Where the cash went
Fiscal 2021 to 2025, five years combined
AT&T generated $190.35B from operations and spent $149.58B on capital expenditure, dividends and share buybacks. 63% of that went back into the business.
Generated
$190.35B
Used
$149.58B
Capital expenditure$94.13B63%Dividends$49.45B33%Share buybacks$6.00B4%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$21.95B
- Cash generatingOperating cash flow above zero$40.28B
- Return on assets improvedROA up on the prior year2.7% → 5.6%
- Earnings backed by cashOperating cash flow above net income$40.28B vs $21.95B
- Less leverageLong-term debt to assets fell30.0% → 30.2%
- Better liquidityCurrent ratio rose0.66 → 0.91
- No dilutionShare count did not rise7.20B → 7.18B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.30 → 0.32