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) Free cash flow

Alert me on Free cash flow

AT&T Inc.'s free cash flow for fiscal 2025 was $19.4B, up 5.05% from $18.5B in fiscal 2024. Over the twelve months to 30 September 2026 it was $17.8B. Over the past ten years it has ranged from $16.2B (fiscal 2022) to $29.0B (fiscal 2019); the current reading is higher than 55% of that period. AT&T Inc. ranks 4th of 55 Telecom Services companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $19.4B 5.05%
FY2024 $18.5B (9.54%)
FY2023 $20.5B 26.41%
FY2022 $16.2B (25.15%)
FY2021 $21.6B (5.13%)
FY2020 $22.8B (21.49%)
FY2019 $29.0B 29.90%
FY2018 $22.4B 28.73%
FY2017 $17.4B 2.58%
FY2016 $16.9B 1.58%

Quarterly newest first

Period Free cash flow Change
Sep 2026 $5.5B 7.00%
Jun 2026 $5.1B 87.67%
Mar 2026 $2.7B (40.12%)
Dec 2025 $4.5B (13.79%)
43 more quarters

Against its own ten years

Low $16.2B High $29.0B
Ten-year median $19.4B
Current reading's percentile 55

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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