AT&T Past Earnings Performance

Past criteria checks 1/6

AT&T's earnings have been declining at an average annual rate of -11.6%, while the Telecom industry saw earnings growing at 28.6% annually. Revenues have been declining at an average rate of 10% per year. AT&T's return on equity is 8.8%, and it has net margins of 7.3%.

Key information

-11.6%

Earnings growth rate

-11.3%

EPS growth rate

Telecom Industry Growth11.5%
Revenue growth rate-10.0%
Return on equity8.8%
Net Margin7.3%
Next Earnings Update27 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How AT&T makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BASE:T Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24122,0608,85027,3270
30 Jun 24122,19712,52027,7120
31 Mar 24122,31713,41127,4020
31 Dec 23122,42814,19227,3570
30 Sep 23121,749-10,81628,0360
30 Jun 23121,442-8,33626,2560
31 Mar 23121,168-8,45425,0670
31 Dec 22120,741-7,88323,5230
30 Sep 22120,49319,79420,1140
30 Jun 22121,77618,48420,6450
31 Mar 22127,87319,77422,3080
31 Dec 21134,03822,17121,0150
30 Sep 21148,6343,42928,5130
30 Jun 21159,6481,57731,2650
31 Mar 21164,858-2,80333,4660
31 Dec 20143,050-3,07030,4460
30 Sep 20172,89010,96034,8900
30 Jun 20175,13811,89837,3470
31 Mar 20179,14514,38239,3870
31 Dec 19181,19313,90041,0940
30 Sep 19182,36516,36740,5310
30 Jun 19183,51617,38538,8520
31 Mar 19177,54518,80434,3580
31 Dec 18170,75619,37031,2890
30 Sep 18164,43933,54932,0940
30 Jun 18158,36831,86030,3090
31 Mar 18159,21930,64332,6940
31 Dec 17160,54629,45034,3540
30 Sep 17160,71112,85033,6640
30 Jun 17161,93313,14935,4360
31 Mar 17162,61612,64235,8980
31 Dec 16163,78612,97635,8440
30 Sep 16164,06414,54534,7110
30 Jun 16162,26514,21134,4660
31 Mar 16154,76013,88532,9460
31 Dec 15146,80113,34532,5440
30 Sep 15139,1215,34038,9610
30 Jun 15132,9875,47638,6680
31 Mar 15132,5476,05339,1810
31 Dec 14132,4476,44239,6970
30 Sep 14131,17117,35428,9400
30 Jun 14130,37218,03828,4170
31 Mar 14129,87218,20128,3410
31 Dec 13128,75218,41828,4140

Quality Earnings: T has a large one-off loss of $5.9B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: T became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: T's earnings have declined by 11.6% per year over the past 5 years.

Accelerating Growth: T has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: T has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (18.2%).


Return on Equity

High ROE: T's Return on Equity (8.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AT&T Inc. is covered by 75 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Joseph BonnerArgus Research Company
Christopher WattsAtlantic Equities LLP