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Friday 6 November 2026 Export T’s income statement to Excel — free account

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

21.64 0.18 −0.82%
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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

AT&T Inc. (T) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, AT&T Inc. (T) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.7× (December 2021) to 1.8× (September 2025); the current reading is higher than 54% of that period. That is in line with the Telecom Services industry median of 1.3× and below the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.4× 1.55%
FY2024 1.4× 31.43%
FY2023 1.1× (16.39%)
FY2022 1.3× 68.09%
FY2021 0.8× (16.50%)
FY2020 0.9× (18.91%)
FY2019 1.1× 41.99%
FY2018 0.8× (40.37%)
FY2017 1.3× (21.74%)
FY2016 1.7× 41.40%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.4× 19.61%
Jun 2026 1.1× (29.86%)
Mar 2026 1.6× 15.03%
Dec 2025 1.4× (11.70%)
43 more quarters

Against its own ten years

Low 0.7× High 1.8×
Ten-year median 1.2×
Current reading's percentile 58

P/B ratio against peers

Company P/B ratio
VOD Vodafone Group PLC compare n/m
ORANY Orange compare n/m
CMCSA Comcast Corporation compare 1.0×
T AT&T Inc. 1.2×
ECHO EchoStar Corporation compare 1.5×
VZ Verizon Communications Inc. compare 1.8×
TMUS T-Mobile US, Inc. compare 3.0×
CHT Chunghwa Telecom Co., Ltd. compare 3.1×
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 3.2×
Telecom Services industry median 1.3×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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