(T) AT&T - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US00206R1023

Wireless, Fiber, Broadband, VoIP, Prepaid

T EPS (Earnings per Share)

EPS (Earnings per Share) of T over the last years for every Quarter: "2020-09": 0.76, "2020-12": 0.75, "2021-03": 0.86, "2021-06": 0.89, "2021-09": 0.87, "2021-12": 0.78, "2022-03": 0.77, "2022-06": 0.65, "2022-09": 0.68, "2022-12": 0.61, "2023-03": 0.6, "2023-06": 0.63, "2023-09": 0.64, "2023-12": 0.54, "2024-03": 0.55, "2024-06": 0.57, "2024-09": 0.6, "2024-12": 0.54, "2025-03": 0.51, "2025-06": 0.54, "2025-09": 0.54,

T Revenue

Revenue of T over the last years for every Quarter: 2020-09: 42340, 2020-12: 45691, 2021-03: 43939, 2021-06: 35740, 2021-09: 31326, 2021-12: 40958, 2022-03: 29712, 2022-06: 29643, 2022-09: 30043, 2022-12: 31343, 2023-03: 30139, 2023-06: 29917, 2023-09: 30350, 2023-12: 32022, 2024-03: 30028, 2024-06: 29797, 2024-09: 30213, 2024-12: 32298, 2025-03: 30626, 2025-06: 30847, 2025-09: 30709,
Risk via 10d forecast
Volatility 22.9%
Value at Risk 5%th 36.5%
Reward
Sharpe Ratio 0.79
Alpha Jensen 10.80
Character
Hurst Exponent 0.430
Beta 0.598
Drawdowns 3y
Max DD 32.01%
Mean DD 8.53%

Description: T AT&T September 24, 2025

AT&T Inc. (NYSE:T) is a global telecommunications and technology provider organized into two operating segments: Communications and Latin America. The Communications segment delivers wireless voice and data services, sells handsets and accessories, and offers a suite of wired solutions-including AT&T Dedicated Internet, fiber Ethernet, broadband, fixed-wireless, VPN, and managed services-to residential, business, government, and wholesale customers under brands such as AT&T, AT&T Business, Cricket, AT&T PREPAID, AT&T Fiber, and AT&T Internet Air. The Latin America segment focuses on post-paid and prepaid wireless services in Mexico under the AT&T and Unefon brands and also sells smartphones through various retail channels.

Based on AT&T’s 2023 Form 10-K (the most recent filed data as of Q3 2024), the company generated roughly **$120 billion in revenue** with an **adjusted EBITDA margin of ~30 %** and **free cash flow of about $7 billion**. Net debt remained high at **~$150 billion**, translating to a debt-to-EBITDA ratio near 5.0×, which is a material risk factor given the current **U.S. interest-rate environment**. The wireless subscriber base was approximately **155 million post-paid** and **65 million prepaid** lines, while broadband (including fiber) subscriptions topped **15 million**. These figures are subject to revision pending AT&T’s next quarterly release.

Key drivers shaping AT&T’s outlook include: (1) **5G rollout intensity**-AT&T has invested >$30 billion in 5G infrastructure since 2020, and the speed of enterprise adoption will directly affect ARPU growth; (2) **Fiber-broadband demand**-U.S. residential broadband spend is projected to rise 3-4 % YoY in 2024, benefitting AT&T’s fiber expansion plans in high-density markets; and (3) **Macro-economic pressures**-elevated interest rates increase debt-service costs and may dampen discretionary handset upgrades, while inflation-adjusted consumer spending trends influence churn and prepaid uptake. Monitoring these variables against industry base rates (e.g., average 5G penetration of ~55 % of U.S. wireless customers) is essential for assessing AT&T’s relative positioning.

If you’re looking to deepen the quantitative analysis-such as scenario-based cash-flow modeling or peer-adjusted valuation multiples-ValueRay’s platform offers a structured data set that can streamline that work.

T Stock Overview

Market Cap in USD 176,031m
Sub-Industry Integrated Telecommunication Services
IPO / Inception 1984-07-19
Return 12m vs S&P 500 5.95%
Analyst Rating 4.07 of 5

T Dividends

Dividend Yield 4.34%
Yield on Cost 5y 7.11%
Yield CAGR 5y -14.49%
Payout Consistency 96.3%
Payout Ratio 52.2%

T Growth Ratios

CAGR 17.36%
CAGR/Max DD Calmar Ratio 0.54
CAGR/Mean DD Pain Ratio 2.04
Current Volume 49771.3k
Average Volume 75032.7k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (22.25b TTM) > 0 and > 6% of Revenue (6% = 7.47b TTM)
FCFTA 0.05 (>2.0%) and ΔFCFTA -0.42pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 0.56% (prev -8.90%; Δ 9.46pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.10 (>3.0%) and CFO 40.86b > Net Income 22.25b (YES >=105%, WARN >=100%)
Net Debt (138.22b) to EBITDA (55.82b) ratio: 2.48 <= 3.0 (WARN <= 3.5)
Current Ratio 1.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (7.17b) change vs 12m ago -0.54% (target <= -2.0% for YES)
Gross Margin 42.70% (prev 43.54%; Δ -0.85pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 30.47% (prev 31.00%; Δ -0.53pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 5.23 (EBITDA TTM 55.82b / Interest Expense TTM 6.63b) >= 6 (WARN >= 3)

Altman Z'' 0.76

(A) 0.00 = (Total Current Assets 54.58b - Total Current Liabilities 53.88b) / Total Assets 423.21b
(B) 0.03 = Retained Earnings (Balance) 13.97b / Total Assets 423.21b
(C) 0.08 = EBIT TTM 34.68b / Avg Total Assets 408.47b
(D) 0.07 = Book Value of Equity 20.95b / Total Liabilities 294.47b
Total Rating: 0.76 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 66.89

1. Piotroski 4.0pt = -1.0
2. FCF Yield 6.35% = 3.18
3. FCF Margin 16.03% = 4.01
4. Debt/Equity 1.43 = 1.55
5. Debt/Ebitda 2.48 = -0.91
6. ROIC - WACC (= 8.81)% = 11.01
7. RoE 20.98% = 1.75
8. Rev. Trend 13.30% = 1.00
9. EPS Trend -73.69% = -3.68

What is the price of T shares?

As of November 14, 2025, the stock is trading at USD 25.75 with a total of 49,771,300 shares traded.
Over the past week, the price has changed by +4.08%, over one month by +0.63%, over three months by -8.35% and over the past year by +20.68%.

Is AT&T a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, AT&T (NYSE:T) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 66.89 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of T is around 25.46 USD . This means that T is currently overvalued and has a potential downside of -1.13%.

Is T a buy, sell or hold?

AT&T has received a consensus analysts rating of 4.07. Therefore, it is recommended to buy T.
  • Strong Buy: 12
  • Buy: 8
  • Hold: 7
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the T price?

Issuer Target Up/Down from current
Wallstreet Target Price 30.6 19%
Analysts Target Price 30.6 19%
ValueRay Target Price 27.4 6.6%

T Fundamental Data Overview November 09, 2025

Market Cap USD = 176.03b (176.03b USD * 1.0 USD.USD)
P/E Trailing = 8.0879
P/E Forward = 12.1065
P/S = 1.4141
P/B = 1.8346
P/EG = 0.9847
Beta = 0.598
Revenue TTM = 124.48b USD
EBIT TTM = 34.68b USD
EBITDA TTM = 55.82b USD
Long Term Debt = 118.44b USD (from longTermDebt, last fiscal year)
Short Term Debt = 11.38b USD (from shortTermDebt, last quarter)
Debt = 158.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 138.22b USD (from netDebt column, last quarter)
Enterprise Value = 314.25b USD (176.03b + Debt 158.49b - CCE 20.27b)
Interest Coverage Ratio = 5.23 (Ebit TTM 34.68b / Interest Expense TTM 6.63b)
FCF Yield = 6.35% (FCF TTM 19.96b / Enterprise Value 314.25b)
FCF Margin = 16.03% (FCF TTM 19.96b / Revenue TTM 124.48b)
Net Margin = 17.87% (Net Income TTM 22.25b / Revenue TTM 124.48b)
Gross Margin = 42.70% ((Revenue TTM 124.48b - Cost of Revenue TTM 71.33b) / Revenue TTM)
Gross Margin QoQ = 44.20% (prev 43.59%)
Tobins Q-Ratio = 0.74 (Enterprise Value 314.25b / Total Assets 423.21b)
Interest Expense / Debt = 1.07% (Interest Expense 1.70b / Debt 158.49b)
Taxrate = 9.16% (976.0m / 10.65b)
NOPAT = 31.51b (EBIT 34.68b * (1 - 9.16%))
Current Ratio = 1.01 (Total Current Assets 54.58b / Total Current Liabilities 53.88b)
Debt / Equity = 1.43 (Debt 158.49b / totalStockholderEquity, last quarter 110.71b)
Debt / EBITDA = 2.48 (Net Debt 138.22b / EBITDA 55.82b)
Debt / FCF = 6.93 (Net Debt 138.22b / FCF TTM 19.96b)
Total Stockholder Equity = 106.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.26% (Net Income 22.25b / Total Assets 423.21b)
RoE = 20.98% (Net Income TTM 22.25b / Total Stockholder Equity 106.02b)
RoCE = 15.45% (EBIT 34.68b / Capital Employed (Equity 106.02b + L.T.Debt 118.44b))
RoIC = 13.59% (NOPAT 31.51b / Invested Capital 231.80b)
WACC = 4.79% (E(176.03b)/V(334.52b) * Re(8.22%) + D(158.49b)/V(334.52b) * Rd(1.07%) * (1-Tc(0.09)))
Discount Rate = 8.22% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.15%
[DCF Debug] Terminal Value 77.80% ; FCFE base≈20.07b ; Y1≈20.25b ; Y5≈21.87b
Fair Price DCF = 52.72 (DCF Value 373.72b / Shares Outstanding 7.09b; 5y FCF grow 0.49% → 3.0% )
EPS Correlation: -73.69 | EPS CAGR: -4.34% | SUE: 0.0 | # QB: 0
Revenue Correlation: 13.30 | Revenue CAGR: -0.74% | SUE: -0.50 | # QB: 0

Additional Sources for T Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle