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T

S&P 500
Favorable · 58/100

AT&T

Communication Services
Integrated Telecommunication Services

$22.10

0.4%

Updated Today 6:01 PM ET

Price — Past Year

▼ Down 20.4% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$152.93B

P/E

7.16x

Forward P/E (est.)

5.11x

ROE

19.7%

Revenue Growth

2.9%

EPS Growth

82.6%

Profit Margin

16.9%

FCF Yield

5.0%

Debt / Equity

1.23x

ROIC

14.0%

Interest Coverage

3.6x

Current Ratio

0.92x

Dividend Yield

4.8%

Implied Growth (rev. DCF)

-3.3%

Rating Score

58/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what T's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. T trades near $22.10, below its 50-day average ($24.87) and 200-day average ($26.07). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 25 it is oversold — selling has been heavy and a bounce is possible.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. T's is $0.66 (~3.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month T found buyers near $21.99 (support) and sellers near $25.43 (resistance); its 52-week range is $21.99–$29.79. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.9× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

AT&T (T) is a large-cap company in the Integrated Telecommunication Services industry, part of the Communication Services sector of the S&P 500, with a market value around $152.93B.

In its latest reported year it generated about $125.65B in revenue and $21.95B in net profit.

Our model rates T Favorable (58/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

-1.6%

Revenue moved from $134.04B in 2021 to $125.65B in 2025, a -1.6% compound annual growth rate. The most recent year was roughly flat (2.9%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

59.4%

Operating Margin

19.2%

Net Margin

17.5%

ROE

19.7%

AT&T keeps about 16.9% of each sales dollar as net profit, with a 59.4% gross margin and 19.2% operating margin. Return on equity is 19.7% and return on invested capital about 14.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$134.72B

Net Debt

$122.75B

Net Debt / EBITDA

5.08x

Debt / Equity

1.23x

Leverage: debt-to-equity is 1.2x, and operating profit covers interest about 3.6x, with a current ratio of 0.9x. That is a moderate, manageable debt load for most businesses. It carries roughly $134.72B of total debt against $11.96B of cash.

Cash Flow Analysis
Research

Operating CF

$40.28B

Free Cash Flow

$19.44B

FCF Margin

15.5%

In the latest year AT&T produced about $40.28B of operating cash flow and $19.44B of free cash flow after capital spending. That is a free-cash-flow yield of about 5.0% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

7.16x

P/S

1.28x

P/B

1.51x

EV / EBITDA

6.3x

T trades at 7.2x trailing earnings (about 5.1x on estimated forward earnings), 1.3x sales, and 1.5x book value. Reverse-engineering today's price implies the market expects roughly -3.3% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
7.2xCheap
Forward P/E
5.1xCheap
P/S ratio
1.3xCheap
Revenue growth
2.9%Weak
EPS growth
82.6%Strong
Gross margin
59.4%Strong
Net margin
16.9%Strong
ROE
19.7%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How T stacks up against its Communication Services peers — valuation, profitability, and growth versus the sector median.

In the Communication Services sector (23 S&P 500 companies), T ranks #9 of 23 by our overall rating. It trades at a discount versus the sector on earnings (7.2x P/E vs. 17.4x median) with a higher return on equity (19.7% vs. 14.9%) and similar revenue growth (2.9% vs. 2.9%).

P/E vs sector

7.2x

median 17.4x

ROE vs sector

19.7%

median 14.9%

Growth vs sector

2.9%

median 2.9%

Sector rank

#9

of 23 by rating

CompanyP/ERev Gr.Rating
TThis stock7.2x2.9%Favorable· 58
VZ11x2.9%Neutral· 49
DIS16.1x3.4%Favorable· 58
TMUS18.7x9.5%Neutral· 51
CMCSA4.2x1.4%Favorable· 60
NFLX24.1x16.7%Strong· 81
WBD90.4x-3.0%Weak· 23
EA57.2x0.9%Weak· 36
Communication Services median17.4x2.9%49/100

Valuation vs. quality map

sector medianVZDISTMUSCMCSANFLXWBDEATP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Communication Services companies by sub-industry and size. Sector median is across all 23 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$17.82$28.51

vs. $22.10 today · expected CAGR -4%5%

Metric20262027202820292030
Revenue$129.42B$133.30B$137.30B$141.42B$145.66B
Net income$22.00B$22.66B$23.34B$24.04B$24.76B
EPS$3.17$3.26$3.36$3.46$3.56
Share price (low)$15.83$16.31$16.80$17.30$17.82
Share price (high)$25.33$26.09$26.87$27.68$28.51
CAGR (low–high)-28% / 15%-14% / 9%-9% / 7%-6% / 6%-4% / 5%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for T:

  • High net margins (16.9%) point to pricing power or efficiency.
  • Strong return on equity (19.7%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~5.0%) funds buybacks and dividends.
  • Pays a 4.8% dividend on top of any price gains.
  • Our model's overall read is Favorable (58/100).
Bear Case

The case against T:

  • Revenue growth is slow (2.9%), limiting the upside engine.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Balance-sheet risk — debt/equity of 1.2x magnifies the impact of higher rates or weaker earnings.

Growth risk — sluggish revenue (2.9%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: AT&T is a large-cap communication services business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 7.2x earnings, which our model scores Favorable (58/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.