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.

23.44 0.06 −0.26%
Market cap
$161.0B
P/E
7.8×
Fwd P/E
10.0×
Dividend yield
4.74%
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 16 October 2026, AT&T Inc. (T) trades at a EV/EBITDA of 6.3×. Over the past ten years it has ranged from 4.5× (March 2020) to 20.7× (January 2023); the current reading is higher than 40% of that period. That is in line with the Telecom Services industry median of 6.4× and below the Communication Services sector median of 8.4×.

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× 199.67%
FY2021 6.6× (32.50%)
FY2020 9.8× 75.67%
FY2019 5.6× 2.52%
FY2018 5.4× (17.65%)
FY2017 6.6× 2.65%
FY2016 6.4× 12.77%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 5.9× (18.60%)
Mar 2026 7.2× 9.81%
Dec 2025 6.6× (8.33%)
Sep 2025 7.2× (11.95%)
42 more quarters

Against its own ten years

Low 4.5× High 20.7×
Ten-year median 6.6×
Current reading's percentile 40

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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