Stock · T · Communication Services

AT&T Inc.

United States · Large Cap · listed since 1984 · Revenue 12 mo. $128.9B

Price as of 11/06/2026

StockScorer score
2.7
of 10 3 of 11 points Low Match To the score
Price
$21.63
1 Y −22.2%
Market cap
$145.5B
Phase
Mature
core business profitable, revenue barely moving
Revenue +1.3% a year (3 years)EBIT margin 19.9%Payout 34.9% of operating cash flow

AT&T Inc. provides telecommunications and technology services worldwide.

moreless

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.

Original text from the data provider

Summary

AT&T Inc. is around the middle of the Communication Services sector overall

48.8 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The market value is below the value without growth: the price requires no FCF growth.

Required FCF growth per year

no growth

no growth afterwards

Valuation against its own history

Price to operating cash flow 3.7×, within its usual range.

Middle half of 20 quarters: 3.5× to 4.5×, median 4.1×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 1 speaks against it.

What supports it

with respect to the priced-in expectation

  • Steady FCF margin at least 10.3%, range 8.7 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • Volatile earnings 5 drops or sign changes in up to 10 years

Since the last quarter

Q2 → Q3 2026

Mostly worse than the previous quarter: 3 of 4 changes for the worse.

  • EBIT margin19.6% → 17.8%−1.8 ppworse
  • Net debt$145.3B → $167.4B+15.2%worse
  • Shares outstanding6.95B → 6.84B−1.5%better
  • Return on equity19.5% → 12.2%−7.2 ppworse

4 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, FCF margin

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability57.0around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity19.80%11.44%Rank 72
Return on capital (Greenblatt)16.21%22.01%Rank 34
EBIT margin19.90%17.12%Rank 62
FCF margin15.47%15.81%Rank 45
Gross margin59.55%44.45%Rank 72
Growth60.8above the middleGrows faster than the sector: Sustainable growth (ROE × retained earnings) 16.59%, sector 9.07%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year2.71%4.46%Rank 42
Earnings growth, 3 years per yeardoes not count towards the rank–5.70%
Earnings growth, 5 years per yeardoes not count towards the rank–6.76%
Sustainable growth (ROE × retained earnings)16.59%9.07%Rank 80
Valuation79.7above the middleValued lower than the sector: Earnings yield 14.10%, sector 3.92%.
MetricStockSector medianPosition in sector
Earnings yield14.10%3.92%Rank 93
FCF yield13.36%6.59%Rank 87
EV/saleslower is better2.402.84Rank 62
EV/EBITlower is better12.0516.58Rank 76
Momentum25.0below the middleShare price doing worse than the sector: Share price, 3 months −3.95%, sector 4.43%.
MetricStockSector medianPosition in sector
Share price, 1 year−22.18%−11.03%Rank 28
Share price, 6 months−13.55%−0.69%Rank 25
Share price, 3 months−3.95%4.43%Rank 19
Distance from 52-week high−25.67%−16.85%Rank 28
Quality37.7below the middleQuality below the sector: Price reaction to results, market-adjusted −6.97%, sector 0.56%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better0.09%−0.38%Rank 46
Change in share countlower is better−0.35%−0.06%Rank 60
Dividend streak in years25Rank 40
Price reaction to results, market-adjusted−6.97%0.56%Rank 5
Balance sheet & risk32.5below the middleMore risk than the sector: Net debt/EBITDA 2.85, sector 1.47.
MetricStockSector medianPosition in sector
Equity ratio26.30%37.05%Rank 25
Net debt/EBITDAlower is better2.851.47Rank 23
Debt to equitylower is better1.570.75Rank 25
Volatility, 1 yearlower is better28.93%31.95%Rank 57

Ten years in figures

Revenue from $163.8B (2016) to $125.6B (2025), −2.9% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $BSharesNet debt, $B
2016163.815.8%17.86.19B117.7
2017160.514.6%17.46.18B113.8
2018170.816.0%22.86.81B171.3
2019181.216.8%29.27.35B172.8
2020171.815.0%27.57.18B169.9
2021134.019.3%25.47.50B176.6
2022120.7−3.8%12.47.59B151.0
2023122.420.2%20.57.26B148.2
2024122.319.8%18.57.20B137.6
2025125.619.9%19.47.18B155.8
2.7 / 10Low MatchStockScorer score3 of 11 points

2 of 7 StockScorer Score rules met · How the score is built

AT&T Inc. mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How AT&T Inc.'s score is built

AT&T Inc. is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

2 of 7 rules met

3 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.no data0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does AT&T Inc. stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Earnings Quality: Accrual Check (Sloan)
  • StockScorer Score
  • Growth Momentum (CAN SLIM principle)
  • Defensive: Low Volatility
  • Magic Formula: Value + Quality
  • Moat Quality
  • Levermann Strategy (13 Criteria)
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Altman Z-Score: Stress Test
  • Dividend Aristocrats & Continuity
  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)

AT&T Inc. key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for AT&T Inc.

MetricStockSector
P/E ratio7.121.7
P/B ratio1.42.5
Return on equity (ROE)19.8%11.4%
Equity ratio26.3%37.1%
Debt-to-equity (D/E)1.570.75
Dividend yield5.1%2.8%

Similar stocks in Communication Services

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
TAT&T Inc.this page
TMUST-Mobile US IncHigh7.3
VZVerizon Communications IncLow2.7
CMCSAComcast CorpMedium5.5
DTE.DEDeutsche Telekom AGlocked
BHARTIARTL.NSBharti Airtel Limitedlocked

Frequently asked questions about AT&T Inc. stock

How does AT&T Inc. stock (T) score in the StockScorer model?
AT&T Inc. stock reaches a StockScorer score of 2.7 out of 10, which is a low match with the rule-based strategies. 2 out of 7 flagship profile rules are met.
What is AT&T Inc.'s P/E ratio?
AT&T Inc.'s P/E ratio is 7.1. The Communication Services sector median is 21.7.
What sector is AT&T Inc. in?
AT&T Inc. is assigned to the Communication Services sector. Its rank within the sector is 48.8 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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