TopFunds

AT&T

NYSE: T

Stock price

21.07 USD

(+9.49%) 5 years

Integrated Telecommunication ServicesTelecommunications Services

Financial Performance

Share

5Y price score: 13

Help

The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 33.7%

DATE RANGE:

%

ㅤ

  • Earnings per share

  • Free cash flow per share

  • Stock price

Time scale:

By default your notes are visible only to you.

19.8

52-week range

29.4

21.065

Your model inputs

Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

Help
FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

12.1 %

Dividend Yield TTM

5.3 %

Market cap $

$ 142,036

Price / Earnings TTM

Help
P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

11.4

Price / Book TTM

1.3

PEG TTM

Help
Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

0.1

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

(13.2) %

44.6 %

33.7 %

Free cash flow per share growth

8.6 %

(29.1) %

(8.2) %

Earnings per share growth

(90.7) %

505.3 %

28.3 %

Founded: 1,983

Employees: 139,970

Business Summary:Globally, AT&T Inc. delivers an array of telecommunication, media, and technology offerings. Within its Communications division, the company supplies wireless voice and data communication services. It also markets mobile devices, such as smartphones, wireless data access cards, and portable computing gadgets, alongside accessories like protective cases and hands-free equipment. These products are distributed through AT&T's proprietary outlets, authorized agents, and external retail partners. Furthermore, this segment caters to a broad clientele including multinational corporations, small-to-medium-sized enterprises, government entities, and wholesale clients. For these customers, it delivers an extensive suite of services encompassing data, voice connectivity, cybersecurity, cloud-based solutions, outsourcing, and both managed and professional services, in addition to client-side equipment. Residential consumers also benefit from this division's provision of high-speed fiber optic internet and traditional landline telephone services. Its communication-related offerings and merchandise are promoted under well-known brand names such as AT&T, Cricket, AT&T PREPAID, and AT&T Fiber. The Latin America segment is responsible for delivering wireless communication services within Mexico, as well as video entertainment services across the wider Latin American region. These services and products are branded as AT&T and Unefon. Established in 1983 and headquartered in Dallas, Texas, the corporation was previously known as SBC Communications Inc. and officially adopted the name AT&T Inc. in 2005.

Q&A

SEARCH
Get answers on financials, industry, fundamentals or other questions.

Contribute

By providing well-researched and detailed answer you increase your chance of becoming Top Contributor. TopFunds is free for all top contributors. Learn more

VIEW ALL Q&A

Contribute or ask questions about business following TopFunds community guidelines

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q3 (Oct 21, 2026)

1) Strategy & Leadership
- AT&T continues to execute its investment-led strategy, achieving strong growth in Advanced Connectivity subscribers, adding over 1 million in Q3 2026, marking the best quarter in over four years.
- The company emphasizes the importance of converged customer relationships, with nearly 43% of advanced home internet customers also having a postpaid wireless account.
- John Stankey highlighted the company's structural advantages from years of investment, positioning AT&T to lead in Advanced Connectivity by the end of the decade.
- Pascal Desroches will retire after nearly six years, with Jennifer Biry stepping in as CFO.

2) Financial & Segment Results
- Consolidated revenues grew 5.3% YoY, with service revenues up 3.8%.
- Adjusted EBITDA increased by 5.4% YoY, achieving a record margin of 38.7%.
- Adjusted EPS rose 20% YoY to $0.65, driven by EBITDA growth and lower depreciation.
- Advanced Connectivity service revenues grew 6.1% YoY, with wireless service revenues up 5% and advanced home internet service revenues soaring over 23% YoY.

3) Operational Plans & Product Developments
- AT&T aims to reach over 60 million fiber locations by the end of the decade, with a capital investment plan that is $1 billion lower than previously anticipated.
- The company is transitioning away from legacy copper services, targeting to retire these in 50% of wire centers outside California by the end of 2027.
- New partnerships, including a joint venture for satellite-enabled connectivity and agreements with Corning for fiber supply, are set to enhance service offerings and accelerate deployment.

4) Problems / Headwinds
- The company anticipates challenges in Q4 due to higher marketing costs and unfavorable vendor dispute settlements impacting legacy segments.
- Legacy service revenues declined approximately 25% YoY, consistent with ongoing transitions away from copper-based services.
- Fiber ARPU is expected to decline further in Q4, influenced by introductory pricing and a growing base of lower ARPU customers.

5) Guidance & Outlook / Investor Angle
- For the full year, AT&T expects service revenue growth in the low single-digit range and adjusted EBITDA growth in the upper portion of 3%-4%.
- Free cash flow is projected at over $18 billion for the year, with a target of approximately $10 billion in share repurchases.
- The company remains focused on maintaining a strong balance sheet, with a net debt to adjusted EBITDA ratio expected to return to 2.5x by 2029.

Bottom line: AT&T's robust subscriber growth and strategic investments in fiber and wireless services position it well for future growth, despite challenges in legacy segments and pricing pressures. The focus on converged customer relationships and operational efficiencies should drive sustainable value for shareholders.

Annual Reports, Presentations And IR Contacts

Go to the website
Annual report links (10K)
2025202420232022202120202019201820172016

AT&T — Financial Overview, Stock Price, Market Cap

AT&T is a company. Founded in 1983. As of October 23, 2026, the company's market capitalization is $142036065235 with a current stock price of $21.07.