T Chart
About

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.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Telecom Services Market Cap 200.99B
Enterprise Value 357.75B Income 21.89B Sales 125.65B
Book/sh 15.71 Cash/sh 2.60 Dividend Yield 3.92%
Payout 27.38% Employees 133030 IPO —
P/E 9.33 Forward P/E 11.13 PEG —
P/S 1.60 P/B 1.81 P/C —
EV/EBITDA 8.09 EV/Sales 2.85 Quick Ratio 0.60
Current Ratio 0.91 Debt/Eq 124.18 LT Debt/Eq —
EPS (ttm) 3.04 EPS next Y 2.55 EPS Growth -5.60%
Revenue Growth 3.60% Earnings 2026-04-22 ROA 4.07%
ROE 18.80% ROIC — Gross Margin 59.55%
Oper. Margin 18.42% Profit Margin 17.47% Shs Outstand 7.00B
Shs Float 6.99B Short Float 1.86% Short Ratio 2.78
Short Interest — 52W High 29.79 52W Low 22.95
Beta 0.61 Avg Volume 41.94M Volume 34.53M
Target Price $29.41 Recom Buy Prev Close $28.52
Price $28.35 Change -0.60%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$29.41
Mean price target
2. Current target
$28.35
Latest analyst target
3. DCF / Fair value
$32.36
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$28.35
Low
$20.00
High
$34.00
Mean
$29.41

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-26 main Wells Fargo Overweight → Overweight $27
2026-01-16 main Bernstein Outperform → Outperform $30
2026-01-13 main Barclays Equal-Weight → Equal-Weight $26
2025-12-22 main Citigroup Buy → Buy $29
2025-12-19 main Goldman Sachs Buy → Buy $29
2025-12-15 down Wolfe Research Outperform → Peer Perform —
2025-12-10 main Morgan Stanley Overweight → Overweight $30
2025-11-12 up Keybanc Sector Weight → Overweight $30
2025-10-23 main TD Cowen Hold → Hold $33
2025-10-23 main RBC Capital Outperform → Outperform $30
2025-10-23 main Barclays Equal-Weight → Equal-Weight $28
2025-10-16 main Wells Fargo Overweight → Overweight $29
2025-10-06 down Scotiabank Sector Outperform → Sector Perform —
2025-10-01 down Barclays Overweight → Equal-Weight $30
2025-09-18 reit Raymond James Strong Buy → Strong Buy $33
2025-09-04 main Bernstein Outperform → Outperform $32
2025-07-24 reit Raymond James Strong Buy → Strong Buy $31
2025-07-24 main JP Morgan Overweight → Overweight $33
2025-07-16 main Morgan Stanley Overweight → Overweight $32
2025-07-11 main Scotiabank Sector Outperform → Sector Outperform $30
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 126479 — — Stock Gift at price 0.00 per share. MCATEE DAVID R. II General Counsel — 2026-02-18 00:00:00 D
1 60924 — — Stock Gift at price 0.00 per share. LEE LORI M Officer — 2026-02-18 00:00:00 D
2 199244 — — Stock Gift at price 0.00 per share. STANKEY JOHN T Chief Executive Officer — 2026-02-18 00:00:00 D
3 10816 nan — — LEGG JEREMY ALAN Chief Technology Officer — 2026-02-13 00:00:00 D
4 7632 nan — — SABRINA SANDERS S Officer — 2026-02-13 00:00:00 D
5 11596 nan — — CAKARIC DARCIE M. Officer — 2026-02-13 00:00:00 D
6 23379 nan — — MCATEE DAVID R. II General Counsel — 2026-02-13 00:00:00 D
7 30059 nan — — MCELFRESH JEFFERY S. Chief Operating Officer — 2026-02-13 00:00:00 D
8 11795 nan — — SMITH KENNY KELLYN Officer — 2026-02-13 00:00:00 D
9 18703 nan — — LEE LORI M Officer — 2026-02-13 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-112.29M-1.35B-254.11M-5.77B
TaxRateForCalcs0.130.270.210.21
NormalizedEBITDA55.53B49.11B46.52B48.53B
TotalUnusualItems-838.00M-5.08B-1.19B-27.50B
TotalUnusualItemsExcludingGoodwill-838.00M-5.08B-1.19B-27.50B
NetIncomeFromContinuingOperationNetMinorityInterest21.95B10.95B14.40B-8.34B
ReconciledDepreciation20.89B20.58B18.78B18.02B
ReconciledCostOfRevenue50.82B49.22B50.12B50.85B
EBITDA54.70B44.04B45.33B21.04B
EBIT33.81B23.46B26.55B3.01B
NetInterestIncome-6.80B-6.76B-6.70B-6.11B
InterestExpense6.80B6.76B6.70B6.11B
NormalizedIncome22.68B14.67B15.34B13.38B
NetIncomeFromContinuingAndDiscontinuedOperation21.95B10.95B14.40B-8.52B
TotalExpenses100.65B98.21B97.77B97.83B
TotalOperatingIncomeAsReported24.16B19.05B23.46B-4.59B
DilutedAverageShares7.18B7.20B7.26B7.59B
BasicAverageShares7.17B7.20B7.18B7.17B
DilutedEPS3.041.491.97-1.13
BasicEPS3.041.491.97-1.13
DilutedNIAvailtoComStockholders21.90B10.75B14.28B-7.52B
AverageDilutionEarnings12.00M0.0085.00M543.00M
NetIncomeCommonStockholders21.89B10.75B14.19B-8.06B
OtherunderPreferredStockDividend0.000.00-663.00M0.00
PreferredStockDividends64.00M202.00M208.00M203.00M
NetIncome21.95B10.95B14.40B-8.52B
MinorityInterests-1.43B-1.30B-1.22B-1.47B
NetIncomeIncludingNoncontrollingInterests23.39B12.25B15.62B-7.05B
NetIncomeDiscontinuousOperations0.000.00-181.00M-2.30B
NetIncomeContinuousOperations23.39B12.25B15.62B-6.87B
TaxProvision3.62B4.45B4.22B3.78B
PretaxIncome27.01B16.70B19.85B-3.09B
OtherIncomeExpense8.81B-667.00M1.90B-19.90B
OtherNonOperatingIncomeExpenses7.75B2.42B1.42B5.81B
SpecialIncomeCharges-838.00M-5.08B-1.19B-27.50B
GainOnSaleOfPPE-1.41B
WriteOff838.00M5.08B1.19B27.50B
ImpairmentOfCapitalAssets24.81B213.00M
RestructuringAndMergernAcquisition1.27B
EarningsFromEquityInterest1.90B1.99B1.68B1.79B
NetNonOperatingInterestIncomeExpense-6.80B-6.76B-6.70B-6.11B
InterestExpenseNonOperating6.80B6.76B6.70B6.11B
OperatingIncome25.00B24.12B24.65B22.91B
OperatingExpense49.83B48.99B47.65B46.98B
DepreciationAmortizationDepletionIncomeStatement20.89B20.58B18.78B18.02B
DepreciationAndAmortizationInIncomeStatement20.89B20.58B18.78B18.02B
SellingGeneralAndAdministration28.94B28.41B28.87B28.96B
GrossProfit74.83B73.11B72.31B69.89B
CostOfRevenue50.82B49.22B50.12B50.85B
TotalRevenue125.65B122.34B122.43B120.74B
OperatingRevenue125.65B122.34B122.43B120.74B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber583.25M444.85M470.69M493.16M
PreferredSharesNumber118.00M138.00M118.00M118.00M
OrdinarySharesNumber7.04B7.18B7.15B7.13B
ShareIssued7.62B7.62B7.62B7.62B
NetDebt117.87B120.23B130.61B132.32B
TotalDebt155.04B140.92B154.90B154.68B
TangibleBookValue-86.29B-91.35B-97.06B-99.84B
InvestedCapital246.63B227.90B240.63B233.52B
WorkingCapital-5.05B-15.70B-14.67B-23.07B
NetTangibleAssets-86.29B-91.35B-97.06B-99.84B
CapitalLeaseObligations18.94B17.39B17.57B18.66B
CommonStockEquity110.53B104.37B103.30B97.50B
TotalCapitalization237.62B222.81B231.15B225.92B
TotalEquityGrossMinorityInterest128.49B120.22B119.42B106.46B
MinorityInterest17.96B15.85B16.12B8.96B
StockholdersEquity110.53B104.37B103.30B97.50B
GainsLossesNotAffectingRetainedEarnings-860.00M795.00M2.30B2.77B
OtherEquityAdjustments-1.21B-604.00M-1.03B-2.00B
ForeignCurrencyTranslationAdjustments-1.40B-1.75B-1.34B-1.80B
MinimumPensionLiabilities1.78B3.20B4.72B6.65B
UnrealizedGainLoss-28.00M-46.00M-57.00M-90.00M
TreasuryStock18.53B15.02B16.13B17.08B
RetainedEarnings15.77B1.87B-5.01B-19.41B
AdditionalPaidInCapital106.53B109.11B114.52B123.61B
CapitalStock7.62B7.62B7.62B7.62B
CommonStock7.62B7.62B7.62B7.62B
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest291.71B274.57B287.64B296.40B
TotalNonCurrentLiabilitiesNetMinorityInterest237.93B227.70B236.52B240.22B
OtherNonCurrentLiabilities25.10B23.90B23.70B28.85B
EmployeeBenefits8.48B9.03B8.73B7.26B
NonCurrentPensionAndOtherPostretirementBenefitPlans8.48B9.03B8.73B7.26B
NonCurrentDeferredLiabilities58.31B58.94B58.67B57.03B
NonCurrentDeferredTaxesLiabilities58.31B58.94B58.67B57.03B
LongTermDebtAndCapitalLeaseObligation146.03B135.83B145.42B147.08B
LongTermCapitalLeaseObligation18.94B17.39B17.57B18.66B
LongTermDebt127.09B118.44B127.85B128.42B
CurrentLiabilities53.78B46.87B51.13B56.17B
OtherCurrentLiabilities2.67B33.55B
CurrentDeferredLiabilities4.27B4.10B3.78B3.92B
CurrentDeferredRevenue4.27B4.10B3.78B3.92B
CurrentDebtAndCapitalLeaseObligation9.01B5.09B9.48B7.60B
CurrentDebt9.01B5.09B9.48B7.60B
OtherCurrentBorrowings5.09B7.39B6.60B7.93B
LineOfCredit0.0010.10B
CommercialPaper0.002.09B866.00M6.59B
CurrentNotesPayable7.39B130.00M9.18B
PensionandOtherPostRetirementBenefitPlansCurrent635.00M570.00M631.00M1.17B
PayablesAndAccruedExpenses39.87B37.11B37.24B40.81B
CurrentAccruedExpenses4.36B4.04B3.88B3.77B
InterestPayable2.36B2.02B2.19B2.16B
Payables35.51B33.08B33.36B37.05B
OtherPayable3.02B2.32B3.00B3.14B
DividendsPayable1.99B2.03B2.02B2.01B
TotalTaxPayable585.00M1.30B1.02B798.00M
AccountsPayable29.91B27.43B27.31B31.10B
TotalAssets420.20B394.80B407.06B402.85B
TotalNonCurrentAssets371.47B363.63B370.60B369.75B
OtherNonCurrentAssets19.33B17.83B19.60B19.61B
InvestmentsAndAdvances1.11B295.00M1.25B3.53B
LongTermEquityInvestment1.11B295.00M1.25B3.53B
InvestmentsinAssociatesatCost3.53B6.17B
GoodwillAndOtherIntangibleAssets196.83B195.72B200.36B197.34B
OtherIntangibleAssets133.40B132.29B132.50B129.45B
Goodwill63.42B63.43B67.85B67.89B
NetPPE154.20B149.78B149.39B149.26B
AccumulatedDepreciation-216.01B-222.04B-211.40B-202.19B
GrossPPE370.21B371.82B360.80B351.44B
ConstructionInProgress7.71B7.45B5.64B7.18B
OtherProperties215.03B203.78B196.39B188.02B
MachineryFurnitureEquipment105.44B119.27B118.01B116.11B
BuildingsAndImprovements40.67B39.95B39.38B38.75B
LandAndImprovements1.37B1.37B1.38B1.38B
Properties0.000.000.000.00
CurrentAssets48.73B31.17B36.46B33.11B
OtherCurrentAssets19.23B15.96B17.27B14.82B
AssetsHeldForSaleCurrent0.00119.78B
RestrictedCash1.27B1.38B1.04B2.71B
PrepaidAssets17.79B
Inventory2.42B2.27B2.18B3.12B
Receivables8.84B9.64B10.29B11.47B
AccountsReceivable8.84B9.64B10.29B11.47B
AllowanceForDoubtfulAccountsReceivable-429.00M-375.00M-499.00M-588.00M
GrossAccountsReceivable9.27B10.01B10.79B12.05B
CashCashEquivalentsAndShortTermInvestments18.23B3.30B6.72B3.70B
CashAndCashEquivalents18.23B3.30B6.72B3.70B
CashEquivalents1.15B5.35B2.83B15.96B
CashFinancial2.15B1.37B866.00M5.20B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow19.44B18.51B20.46B12.40B
RepurchaseOfCapitalStock-6.58B-215.00M-194.00M-890.00M
RepaymentOfDebt-5.53B-12.78B-16.50B-45.19B
IssuanceOfDebt14.03B510.00M15.41B6.93B
IssuanceOfCapitalStock21.00M15.00M3.00M28.00M
CapitalExpenditure-20.84B-20.26B-17.85B-19.63B
InterestPaidSupplementalData7.13B7.37B7.77B7.49B
IncomeTaxPaidSupplementalData2.46B1.60B592.00M252.00M
EndCashPosition18.53B3.41B6.83B3.79B
BeginningCashPosition3.41B6.83B3.79B21.32B
ChangesInCash15.12B-3.43B3.04B-17.52B
FinancingCashFlow-6.39B-24.71B-15.61B-23.74B
CashFromDiscontinuedFinancingActivities0.000.0035.82B-316.00M
CashFlowFromContinuingFinancingActivities-6.39B-24.71B-15.61B-59.56B
NetOtherFinancingCharges-151.00M-4.03B-6.19B-10.58B
CashDividendsPaid-8.18B-8.21B-8.14B-9.86B
CommonStockDividendPaid-8.21B-8.14B-9.86B-15.07B
NetPreferredStockIssuance-2.08B0.000.000.00
PreferredStockPayments-2.08B0.000.00-2.67B
PreferredStockIssuance0.000.00
NetCommonStockIssuance-4.48B-200.00M-191.00M-862.00M
CommonStockPayments-4.50B-215.00M-194.00M-890.00M
CommonStockIssuance21.00M15.00M3.00M28.00M
NetIssuancePaymentsOfDebt8.50B-12.27B-1.09B-38.26B
NetShortTermDebtIssuance0.00-2.00B947.00M-16.12B
ShortTermDebtPayments0.00-2.49B-4.46B-20.07B
ShortTermDebtIssuance0.00491.00M5.41B3.96B
NetLongTermDebtIssuance8.50B-10.28B-2.04B-22.14B
LongTermDebtPayments-5.53B-10.30B-12.04B-25.12B
LongTermDebtIssuance14.03B19.00M10.00B2.98B
InvestingCashFlow-18.78B-17.49B-19.66B-25.80B
CashFromDiscontinuedInvestingActivities0.000.001.09B399.00M
CashFlowFromContinuingInvestingActivities-18.78B-17.49B-19.66B-26.90B
NetOtherInvestingChanges-955.00M-425.00M-84.00M-3.00M
DividendsReceivedCFI0.00928.00M2.05B2.65B
NetInvestmentPurchaseAndSale181.00M2.58B-902.00M82.00M
NetBusinessPurchaseAndSale2.84B-305.00M-2.87B-10.00B
SaleOfBusiness3.22B75.00M72.00M199.00M
PurchaseOfBusiness-379.00M-380.00M-2.94B-10.20B
CapitalExpenditureReported-20.84B-20.26B-17.85B-19.63B
OperatingCashFlow40.28B38.77B38.31B32.02B
CashFromDiscontinuedOperatingActivities0.000.00-3.79B4.79B
CashFlowFromContinuingOperatingActivities40.28B38.77B38.31B35.81B
ChangeInWorkingCapital240.00M-619.00M734.00M-1.85B
ChangeInOtherWorkingCapital2.23B1.98B2.62B-947.00M
ChangeInOtherCurrentAssets-642.00M-674.00M-1.29B
ChangeInPayablesAndAccruedExpense884.00M-1.10B-1.57B-1.11B
ChangeInInventory-460.00M70.00M747.00M-674.00M
ChangeInReceivables-2.41B-1.56B-1.06B881.00M
ChangesInAccountReceivables-1.53B123.00M82.00M727.00M
OtherNonCashItems-379.00M1.26B535.00M-969.00M
ProvisionandWriteOffofAssets2.27B1.97B1.97B1.86B
AssetImpairmentCharge838.00M5.08B1.19B27.50B
DeferredTax1.57B3.04B2.98B7.41B
DeferredIncomeTax1.57B3.04B2.98B7.41B
DepreciationAmortizationDepletion20.89B20.58B18.78B18.02B
DepreciationAndAmortization20.89B20.58B18.78B18.02B
AmortizationCashFlow3.23B184.00M3.14B218.00M
AmortizationOfIntangibles3.23B184.00M3.14B218.00M
Depreciation17.34B18.59B14.88B17.63B
OperatingGainsLosses-6.96B-1.75B-517.00M-4.86B
PensionAndEmployeeBenefitExpense-1.07B-1.83B-958.00M-5.24B
EarningsLossesFromEquityInvestments184.00M
GainLossOnInvestmentSecurities-5.89B80.00M441.00M381.00M
NetIncomeFromContinuingOperations23.39B12.25B15.62B-6.87B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for T
Date User Asset Broker Type Position Size Entry Price Patterns