AT&T (T) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

AT&T

NYSE•Communication Services•Telecom Services

$25.40+0.01(<0.01%)After hours

Market Cap

$176.16B

P/E

8.2x

P/S

1.4x

P/B

1.4x

AT&T Inc. provides telecommunications and technology services worldwide. It operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores. It also provides AT&T Dedicated Internet, fiber ethernet and broadband, fixed wireless, and hosted and managed professional services; and copper-based voice and data, Virtual Private Networks (VPN), wholesale, outsourcing, and IP, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections, legacy telephony voice communication services, and other VoIP services and equipment to residential customers. This segment markets its communications services and products under the AT&T, AT&T Business, Cricket, AT&T PREPAID, AT&T Fiber, and AT&T Internet Air brand names. Its Latin America segment provides postpaid and prepaid wireless services in Mexico under the AT&T and Unefon brand names, as well as sells smartphones through its stores, agents and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is based in Dallas, Texas.

How this company scores

GoodMetricSide Score: 74/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (12/25).

Profitability25/25

Growth19/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality18/25

Strengths

Strong marginsHigh ROERising earningsCash-backed earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.2x5y range 5.5x – 128.5x

Currently near its 16-quarter median.

P/S · 1.4x5y range 0.8x – 1.7x

Currently near its 20-quarter median.

P/B · 1.4x5y range 0.7x – 1.7x

Currently near its 20-quarter median.

Price & Volume

Market Cap $176.16B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $127.24B
Q. Revenue: $31.56B
TTM EBITDA: $45.98B
TTM Op. Income: $25.60B
Q. Op. Income: $7.04B
TTM Net Income: $21.56B
Q. Net Income: $4.63B
EPS: $0.66
Shares Out.: $6.94B

$127.24B in TTM revenue grew 2.6% YoY, reaching $31.56B last quarter. TTM EBITDA of $45.98B and TTM operating income of $25.60B show growth is flowing through to the bottom line. TTM net income of $21.56B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 38.0%
Op. Margin: 22.3%
Net Margin: 14.7%

Op. margin of 22.3% is up 1.2% YoY — cost efficiency is improving. Net margin at 14.7% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 8.2x
P/S Ratio: 1.4x
P/B Ratio: 1.4x

At 8.2x P/E, the stock trades below typical market levels. P/S of 1.4x and P/B of 1.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 50% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $428.36B
Cash: $17.57B
Long-Term Debt: $134.63B
Book Value: $126.43B
D/E Ratio: 1.1
Debt/EBITDA: 11.2

With $428.36B in assets and $134.63B in long-term debt, D/E is 1.1and book value is $126.43B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $10.80B
TTM Free Cash Flow: $17.62B
FCF Margin: 13.9%
FCF / Net Income: 0.8

TTM FCF of $17.62B on $10.80B in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 10% — an improving trend.