To the full analysis
AT&T stock: growth
TAT&T reported $125.65B in revenue for fiscal 2025, up 2.7% on the prior year, down 2.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
3.7%
per year from 2006 to 2025, per share 1.9%
Earnings (Annual rate)
5.9%
per year from 2006 to 2025, per share 4.1%
Free cash flow (Annual rate)
5.3%
per year from 2006 to 2025, per share 3.5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | −6.1% | −1.5% | 3.7% |
| Revenue per share | −0.7% | −1.2% | 1.9% |
| Earnings | no data | 5.1% | 5.9% |
| Earnings per share | no data | 5.4% | 4.1% |
| Free cash flow | −6.7% | 1.6% | 5.3% |
| Free cash flow per share | −1.3% | 1.9% | 3.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $63.06B | $7.36B | $7.3B |
| 2007 | $118.93B | $11.95B | $16.36B |
| 2008 | $123.44B | −$2.63B | $13.98B |
| 2009 | $122.51B | $12.14B | $17.85B |
| 2010 | $124.28B | $19.86B | $15.46B |
| 2011 | $126.72B | $3.94B | $14.54B |
| 2012 | $127.43B | $7.26B | $19.71B |
| 2013 | $128.75B | $18.42B | $13.85B |
| 2014 | $132.45B | $6.44B | $10.14B |
| 2015 | $146.8B | $13.35B | $16.66B |
| 2016 | $163.79B | $12.98B | $17.83B |
| 2017 | $160.55B | $29.45B | $17.36B |
| 2018 | $170.76B | $19.37B | $22.84B |
| 2019 | $181.19B | $13.9B | $29.23B |
| 2020 | $171.76B | −$5.18B | $27.46B |
| 2021 | $134.04B | $20.08B | $25.43B |
| 2022 | $120.74B | −$8.52B | $12.4B |
| 2023 | $122.43B | $14.4B | $20.46B |
| 2024 | $122.34B | $10.95B | $18.51B |
| 2025 | $125.65B | $21.89B | $19.44B |
Revenue by segment
How AT&T Inc. makes its money and how that has shifted. Names are as the company reports them.
- Wireless Service56%
- Business Service13%
- Legacy Voice and Data8%
- IP Broadband3%
- Other20%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| Wireless Service | $62.67B | $65.74B | $68.04B | $70.1B | 55.8% |
| Business Service | $21.89B | $20.27B | $18.06B | $15.98B | 12.7% |
| Legacy Voice and Data | $2.07B | $1.8B | $1.52B | $10.36B | 8.2% |
| IP Broadband | $9.67B | $10.46B | $11.21B | $3.54B | 2.8% |
| Other | $24.44B | $24.15B | $23.5B | $25.67B | 20.4% |
| Total revenue | $120.74B | $122.43B | $122.34B | $125.65B | 100% |
Revenue by region
Where AT&T Inc. generates its revenue.
- United States96%
- Mexico4%
- Other< 1%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| United States | $116.01B | $117.1B | $116.88B | $120.22B | 95.7% |
| Mexico | $3.21B | $3.99B | $4.29B | $4.43B | 3.5% |
| Other | $1.53B | $1.34B | $0 | $0 | 0% |
| Total revenue | $120.74B | $122.43B | $122.34B | $125.65B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.