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

21.72 0.10 −0.46%
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) Net margin

Alert me on Net margin

AT&T Inc.'s net margin over the twelve months to 30 September 2026 was 10.1%, down 7.3 percentage points from fiscal 2025 (17.4%). Over the past ten years it has ranged from −7.23% (fiscal 2022) to 18.3% (fiscal 2017); the current reading is higher than 91% of that period. That is above the Telecom Services industry median of 6.67% and above the Communication Services sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 17.4% 8.64
FY2024 8.78% (2.81)
FY2023 11.6% 18.82
FY2022 −7.23% (22.06)
FY2021 14.8% 18.58
FY2020 −3.75% (11.42)
FY2019 7.67% (3.67)
FY2018 11.3% (7.00)
FY2017 18.3% 10.42
FY2016 7.92% (1.17)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 2.65% (11.90)
Jun 2026 14.6% 2.51
Mar 2026 12.0% 0.83
Dec 2025 11.2% (19.00)
43 more quarters

Against its own ten years

Low −7.23% High 18.3%
Ten-year median 9.09%
Current reading's percentile 58

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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