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    AT&T Inc. (T)

    Official site

    COMMUNICATION SERVICES • TELECOM SERVICES • NYSE

    $23.51
    +0.46 (+2.00%)

    Market Cap: $157.95B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    90%(35/39)
    Avg Surprise
    +3.84%
    Streak
    10 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.60
    Range$0.56 - $0.63
    19 analysts
    EPS Revisions
    1
    0
    7d
    1
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$0.61-0.6%
    60d ago$0.60-0.1%
    30d ago$0.60-0.1%
    7d ago$0.60-0.1%
    Current$0.60
    Revenue Consensus
    $31.6B
    Range$31.2B - $31.9B
    17 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.60
    Range$0.55 - $0.64
    23 analysts
    Revenue Consensus
    $34.5B
    Range$33.7B - $35.0B
    20 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.60---
    Sep 26EST
    -$0.60---
    Jun 26
    Reported Jul 22
    $0.65$0.59+10.17%Beat+20.4%
    Mar 26
    Reported Apr 22
    $0.57$0.55+3.64%Beat+11.8%
    Dec 25
    Reported Jan 28
    $0.52$0.47+10.64%Beat-3.7%
    Sep 25
    Reported Oct 22
    $0.54$0.54+0.00%Beat-10.0%
    Jun 25
    Reported Jul 23
    $0.54$0.53+1.89%Beat-5.3%
    Mar 25
    Reported Apr 23
    $0.51$0.51+0.00%Beat-7.3%
    Dec 24
    Reported Jan 27
    $0.54$0.51+5.88%Beat+0.0%
    Sep 24
    Reported Oct 23
    $0.60$0.57+5.26%Beat-6.3%
    Jun 24
    Reported Jul 24
    $0.57$0.57+0.00%Beat-9.5%
    Mar 24
    Reported Apr 24
    $0.55$0.54+1.85%Beat-8.3%
    Dec 23
    Reported Jan 24
    $0.54$0.56-3.57%Miss-11.5%
    Sep 23
    Reported Oct 19
    $0.64$0.62+3.23%Beat-5.9%
    Jun 23
    Reported Jul 26
    $0.63$0.60+5.00%Beat-3.1%
    Mar 23
    Reported Apr 20
    $0.60$0.59+1.69%Beat-22.1%
    Dec 22
    Reported Jan 25
    $0.61$0.57+7.02%Beat-21.8%
    Sep 22
    Reported Oct 20
    $0.68$0.61+11.48%Beat-21.8%
    Jun 22
    Reported Jul 21
    $0.65$0.61+6.56%Beat-27.0%
    Mar 22
    Reported Apr 21
    $0.77$0.75+2.67%Beat-10.5%
    Dec 21
    Reported Jan 26
    $0.78$0.75+4.00%Beat+4.0%
    Sep 21
    Reported Oct 21
    $0.87$0.79+10.13%Beat+14.5%
    Jun 21
    Reported Jul 22
    $0.89$0.80+11.25%Beat+7.2%
    Mar 21
    Reported Apr 22
    $0.86$0.78+10.26%Beat+2.4%
    Dec 20
    Reported Jan 27
    $0.75$0.73+2.74%Beat-15.7%
    Sep 20
    Reported Oct 22
    $0.76$0.76+0.00%Beat-19.1%
    Jun 20
    Reported Jul 23
    $0.83$0.79+5.06%Beat-6.7%
    Mar 20
    Reported Apr 22
    $0.84$0.85-1.18%Miss-2.3%
    Dec 19
    Reported Jan 29
    $0.89$0.87+2.30%Beat+3.5%
    Sep 19
    Reported Oct 28
    $0.94$0.92+2.17%Beat+4.4%
    Jun 19
    Reported Jul 24
    $0.89$0.89+0.00%Beat-2.2%
    Mar 19
    Reported Apr 24
    $0.86$0.85+1.18%Beat+1.2%
    Dec 18
    Reported Jan 30
    $0.86$0.85+1.18%Beat+10.3%
    Sep 18
    Reported Oct 24
    $0.90$0.94-4.26%Miss+21.6%
    Jun 18
    Reported Jul 24
    $0.91$0.85+7.06%Beat+15.2%
    Mar 18
    Reported Apr 25
    $0.85$0.87-2.30%Miss+14.9%
    Dec 17
    Reported Jan 31
    $0.78$0.65+20.00%Beat+18.2%
    Sep 17
    Reported Oct 24
    $0.74$0.74+0.00%Beat-
    Jun 17
    Reported Jul 25
    $0.79$0.74+6.76%Beat-
    Mar 17
    Reported Apr 25
    $0.74$0.74+0.00%Beat-
    Dec 16
    Reported Jan 25
    $0.66$0.66+0.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield4.72%
    Forward Annual Dividend$1.11
    Payout Ratio29.97%
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR-6.37%
    5Y CAGR-11.80%

    Key Metrics

    Valuation
    P/E Ratio10.31EV/EBITDA5.73x
    Price/FCF9.26xFCF Yield10.80%
    Profitability
    Profit Margin16.90%Operating Margin24.80%
    ROE18.30%ROIC10.80%
    Financial Health
    Debt/Equity1.47xInterest Coverage4.65x
    Current Ratio0.97xQuick Ratio0.93x
    Trading Statistics
    Beta0.44Avg Volume45.32M
    52-Week High$28.4352-Week Low$19.41

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$23.46
    SMA 20$24.08
    SMA 50$24.65
    SMA 200$24.68
    EMA 10$23.44
    EMA 20$23.90
    EMA 50$24.17
    EMA 200$24.56

    MACD

    Line: -0.50Signal: -0.37Hist: -0.13

    ADX

    ADX: 24.9+DI: 20.4-DI: 29.2

    Aroon & PSAR

    Aroon Up12.0
    Aroon Down84.0
    PSAR$24.74

    Bollinger Bands

    Upper Band$25.93
    Lower Band$22.24
    %B Position1535%(Upper)
    Band Width0.34

    RSI (14-Day)

    Neutral
    44.7

    Momentum Oscillators

    Stoch %K33.2
    Stoch %D22.6
    Williams %R-54.9
    ROC (10d)-2.0%
    Momentum-0.49
    CCI (20d)-62.5
    MFI (14d)48.3

    Volatility Measures

    ATR (14d)$0.76(3.2%)
    StdDev (20d)0.92
    Hist Vol43.5%(High)

    Volume Flow

    VWAP$23.56
    OBV692.9M
    AD Line-30.2B
    CMF (20d)-1.138

    Volume Metrics

    Avg Vol (20d)46.1M
    Vol Ratio1.0x
    VWMA (20d)$23.79

    Pivot Points

    R3$23.81
    R2$23.50
    R1$23.27
    Pivot Point$22.96
    S1$22.74
    S2$22.43
    S3$22.20

    Advanced Oscillators

    TSI-20.75
    Ultimate Osc27.1
    KST-65.62

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$31.56B$31.51B$33.47B$30.71B$30.85B$30.63B$32.30B$30.21B$29.80B$30.03B$32.02B$30.35B
    Cost of Revenue$12.05B$12.57B$14.82B$11.82B$12.15B$12.03B$14.20B$11.63B$11.44B$11.95B$13.91B$12.05B
    Gross Profit$19.51B$18.94B$18.65B$18.89B$18.70B$18.59B$18.10B$18.58B$18.36B$18.07B$18.11B$18.30B
    Operating Expenses$12.47B$12.28B$12.86B$12.77B$12.20B$12.84B$12.78B$16.47B$12.60B$12.23B$12.84B$12.51B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$7.22B$7.32B$7.40B$7.45B$6.95B$7.14B$7.39B$6.96B$7.04B$7.02B$7.49B$7.21B
    Operating Income$7.04B$6.66B$5.79B$6.12B$6.50B$5.75B$5.33B$2.12B$5.76B$5.85B$5.27B$5.78B
    Interest Income$-29,000,000$-41,000,000$-10,000,000$-20,000,000$485.00M$1.44B$1.07B$272.00M$348.00M$295.00M$337.00M$420.00M
    Interest Expense$1.88B$1.81B$1.79B$1.70B$1.66B$1.66B$1.66B$1.68B$1.70B$1.72B$1.73B$1.66B
    Income Before Tax$5.82B$5.40B$4.26B$10.65B$6.10B$5.99B$5.31B$1.43B$5.09B$4.87B$2.94B$4.98B
    Income Tax Expense$784.00M$1.18B$109.00M$976.00M$1.24B$1.30B$900.00M$1.28B$1.14B$1.12B$354.00M$1.15B
    Net Income$5.01B$4.18B$4.16B$9.68B$4.86B$4.69B$4.41B$145.00M$3.95B$3.75B$2.58B$3.83B
    EBITDA$12.70B$12.22B$11.19B$17.69B$12.52B$11.40B$11.27B$7.92B$11.51B$11.35B$9.09B$10.93B
    EBIT$7.73B$7.25B$6.07B$12.37B$7.27B$6.21B$5.89B$2.83B$6.44B$6.30B$4.33B$6.22B
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $7316
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    0
    Avg Remaining Term
    N/A

    Top agency: Department of Justice at 100.0% of trailing twelve month obligations across 1 agencies

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    T Valuation and Fair Value

    P/E
    10.3x
    Forward P/E
    9.9x
    EV/EBITDA
    5.7x
    P/FCF
    9.3x
    PEG
    1.5x
    P/B
    1.5x
    See GNG's fair value

    T Profitability: Margins, ROIC and FCF

    Gross margin
    59.7%
    Operating margin
    24.8%
    Net margin
    16.9%
    ROIC
    10.8%
    ROE
    18.3%
    FCF margin
    13.9%
    FCF yield
    10.8%

    T Analyst Ratings

    Consensus
    Buy
    Analysts
    26
    Strong Buy
    4
    Buy
    12
    Hold
    9
    Sell
    1
    Strong Sell
    0

    T Bull Case vs Bear Case

    Bull case

    • T beat EPS estimates in 75.0% of its last 8 reported quarters.
    • 61.5% of T's analyst ratings are Buy or Strong Buy.

    T Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    4.7%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.60
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 2 down

    T Dividend

    Forward yield
    4.7%
    Payout ratio
    30.0%
    3Y DPS growth
    -6.4%
    5Y DPS growth
    -11.8%
    Pay months
    Feb, May, Aug, Nov
    T dividend history

    Frequently Asked Questions About T

    What is T's current dividend yield?

    AT&T Inc. (T) has a forward dividend yield of 4.72%.

    Does T pay dividends?

    Yes, AT&T Inc. pays dividends with a forward dividend yield of 4.72%.

    What is T's P/E ratio?

    AT&T Inc. has a price-to-earnings (P/E) ratio of 10.31.

    What is T's market cap?

    AT&T Inc. (T) has a market capitalization of $157.95B with a current stock price of $23.51.

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