AT&T Financial Ratios
NYSE: TTelecommunicationsTelecommunications EquipmentUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
AT&T ratio analysis
AT&T earned a net margin of 17.5% in FY 2025, up from 8.9% a year earlier. Return on equity reached 17.4%, meaning AT&T generated 0.17 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 1.08 versus 1.04 the year before, and the current ratio was 0.91.
At the end of FY 2025, T traded at 8.1 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 6.2 to 15.6, with a median of 8.3. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
AT&T financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 8.08 | 15.21 | 8.52 | — | 6.81 | — | 15.61 | 8.04 | 6.17 | 15.30 |
| Price / sales | 1.40 | 1.33 | 0.98 | 1.09 | 0.99 | 1.09 | 1.19 | 0.91 | 1.13 | 1.21 |
| Price / book | 1.39 | 1.38 | 1.03 | 1.24 | 0.72 | 0.87 | 1.07 | 0.80 | 1.27 | 1.60 |
| Gross margin | — | — | — | — | — | — | — | 88.4% | 88.3% | 88.5% |
| Operating margin | 19.2% | 15.6% | 19.2% | -3.8% | 19.3% | 5.9% | 15.4% | 15.3% | 12.4% | 14.4% |
| Net margin | 17.5% | 8.9% | 11.8% | -7.1% | 15.0% | -3.6% | 7.7% | 11.3% | 18.3% | 7.9% |
| Free cash flow margin | 15.5% | 15.1% | 16.7% | 13.4% | 19.7% | 19.9% | 16.0% | 13.1% | 10.8% | 10.3% |
| Return on equity (ROE) | 17.4% | 9.3% | 12.3% | -8.0% | 10.9% | -2.9% | 6.9% | 10.0% | 20.7% | 10.5% |
| Return on assets (ROA) | 5.2% | 2.8% | 3.5% | -2.1% | 3.6% | -1.0% | 2.5% | 3.6% | 6.6% | 3.2% |
| Debt / equity | 1.08 | 1.04 | 1.17 | 1.28 | 0.96 | 0.88 | 0.81 | 0.91 | 1.16 | 1.00 |
| Current ratio | 0.91 | 0.66 | 0.71 | 0.59 | 1.61 | 0.82 | 0.79 | 0.80 | 0.97 | 0.76 |
| Revenue growth | 2.7% | -0.1% | 1.4% | -9.9% | -6.3% | -21.1% | 6.1% | 6.4% | -2.0% | 11.6% |
| EPS growth | 104.0% | -24.4% | — | -141.4% | — | -139.7% | -33.7% | -40.1% | 126.7% | -11.4% |