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.

Revenue
+5.25%
EPS
−90.7%
Free cash flow
+3.67%
Total debt
+14.5%

Quarter to September 2026, against a year earlier

21.80 0.03 −0.14%
Market cap
$147.0B
P/E
11.8×
Fwd P/E
10.7×
Dividend yield
5.09%
F-score
7/9
Altman Z
0.89
Beneish M
−2.76
Dividend safety
64/100

AT&T Inc. (T) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, AT&T Inc. (T) trades at a EV/EBITDA of 6.8×. Over the past ten years it has ranged from 4.6× (March 2020) to 20.7× (January 2023); the current reading is higher than 57% of that period. That is in line with the Telecom Services industry median of 7.1× and below the Communication Services sector median of 8.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 6.6× (8.38%)
FY2024 7.2× 19.01%
FY2023 6.0× (69.63%)
FY2022 19.8× 194.78%
FY2021 6.7× (32.63%)
FY2020 10.0× 75.24%
FY2019 5.7× 2.99%
FY2018 5.5× (18.10%)
FY2017 6.8× 2.59%
FY2016 6.6× 15.33%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 7.2× 23.24%
Jun 2026 5.9× (18.60%)
Mar 2026 7.2× 9.81%
Dec 2025 6.6× (8.33%)
43 more quarters

Against its own ten years

Low 4.6× High 20.7×
Ten-year median 6.6×
Current reading's percentile 57

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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