AT&T Inc.
T Communication Services Telecom Services
AT&T Inc.’s revenue for fiscal 2025 (year ended December 2025) was $125.6 billion, up 2.71% from fiscal 2024. In the quarter to June 2026, revenue grew 2.30%, EPS grew 6.45%, free cash flow grew 4.83% and total debt rose 8.80%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, operating cash flow growth for three.
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AT&T Inc. (T) Debt to equity
AT&T Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.1×, up 0.1× from fiscal 2025 (1.1×). Over the past ten years it has ranged from 0.8× (fiscal 2019) to 1.3× (fiscal 2022); the current reading is higher than 73% of that period. That is above the Telecom Services industry median of 0.6× and above the Communication Services sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.1× | 3.00% |
| FY2024 | 1.0× | (10.66%) |
| FY2023 | 1.2× | (8.39%) |
| FY2022 | 1.3× | 33.62% |
| FY2021 | 1.0× | 8.89% |
| FY2020 | 0.9× | 8.59% |
| FY2019 | 0.8× | (11.26%) |
| FY2018 | 0.9× | (21.33%) |
| FY2017 | 1.2× | 16.29% |
| FY2016 | 1.0× | (2.46%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 1.1× | 3.34% |
| Mar 2026 | 1.1× | 2.40% |
| Dec 2025 | 1.1× | (2.21%) |
| Sep 2025 | 1.1× | 0.95% |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| CHT Chunghwa Telecom Co., Ltd. compare | 0.1× |
| VOD Vodafone Group PLC compare | 1.0× |
| CMCSA Comcast Corporation compare | 1.0× |
| AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare | 1.1× |
| T AT&T Inc. | 1.1× |
| ECHO EchoStar Corporation compare | 1.2× |
| ORANY Orange compare | 1.4× |
| TMUS T-Mobile US, Inc. compare | 1.5× |
| VZ Verizon Communications Inc. compare | 1.6× |
| Telecom Services industry median | 0.6× |
| Communication Services sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on T
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement