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AT&T Inc. 5.35% GLB NTS 66 logo

AT&T Inc. 5.35% GLB NTS 66

TBB

NYSECommunication ServicesTelecommunications Services

Open in GoAI

Previous close

$19.48

+$0.03 · +0.15%

Aug 21, 4:00 PM ET

TBB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

98

Deep Value

Momentum

38

Weakening

Sentiment

52

Mixed

Risk resilience

84

Low Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

AT&T Inc. operates as a parent corporation, offering a diverse portfolio of telecommunications, media, and technology services. Its business is structured into two main divisions: Communications and Latin America. The Communications division provides services to both individual consumers and corporate clients across the United States and its territories, as well as to businesses globally. In contrast, the Latin America division is dedicated to furnishing entertainment and wireless services primarily outside of the U.S. The company was founded in 1983 and has its headquarters situated in Dallas, Texas.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
US
CEO
John T. Stankey
Listed since
Nov 7, 2017
Employees
149,900

Market position

Day range

Current $19.48

52-week range

Current $19.48

Open
$19.47
Previous close
$19.45
Volume
137.88K
1.2× average
Average volume
115.18K
Average daily volume
Market cap
158.02B USD
Beta
0.37
Market reference 1
50-day average
$20.1779
-3.46% below average
200-day average
$21.5717
-9.70% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
333.83B USD
P/E (TTM)
8.35×
P/B (TTM)
1.59×
P/S (TTM)
1.36×
EV / EBITDA
6.1×
Earnings yield
12.29%
Free cash flow yield
10.92%
Dividend yield
4.39%

Profitability & efficiency

Gross margin
59.72%
Operating margin
20.38%
Net margin
16.89%
Return on equity
19.80%
Return on assets
5.21%
Return on invested capital
5.77%

Financial health

Debt / equity
1.47×
Current ratio
0.91×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends66%40%13%-14%Gross margin, FY2021: 54.93%Gross margin, FY2022: 57.89%Gross margin, FY2023: 43.72%Gross margin, FY2024: 42.94%Gross margin, FY2025: 59.55%Operating margin, FY2021: 19.32%Operating margin, FY2022: -3.80%Operating margin, FY2023: 20.23%Operating margin, FY2024: 19.83%Operating margin, FY2025: 19.90%Net margin, FY2021: 14.98%Net margin, FY2022: -7.06%Net margin, FY2023: 11.76%Net margin, FY2024: 8.95%Net margin, FY2025: 17.42%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.93%. Gross margin FY2022 57.89%. Gross margin FY2023 43.72%. Gross margin FY2024 42.94%. Gross margin FY2025 59.55%. Operating margin FY2021 19.32%. Operating margin FY2022 -3.80%. Operating margin FY2023 20.23%. Operating margin FY2024 19.83%. Operating margin FY2025 19.90%. Net margin FY2021 14.98%. Net margin FY2022 -7.06%. Net margin FY2023 11.76%. Net margin FY2024 8.95%. Net margin FY2025 17.42%.

Income trends

Revenue

125.65B USD+2.71%

Operating income

25B USD+3.05%

Net income

21.89B USD+99.94%
Income trends across reported periods148.29B USD91.27B USD34.24B USD−22.78B USDRevenue, FY2021: 134.04B USDRevenue, FY2022: 120.74B USDRevenue, FY2023: 122.43B USDRevenue, FY2024: 122.34B USDRevenue, FY2025: 125.65B USDOperating income, FY2021: 25.9B USDOperating income, FY2022: −4.59B USDOperating income, FY2023: 24.77B USDOperating income, FY2024: 24.26B USDOperating income, FY2025: 25B USDNet income, FY2021: 20.08B USDNet income, FY2022: −8.52B USDNet income, FY2023: 14.4B USDNet income, FY2024: 10.95B USDNet income, FY2025: 21.89B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 134.04B USD. Revenue FY2022 120.74B USD. Revenue FY2023 122.43B USD. Revenue FY2024 122.34B USD. Revenue FY2025 125.65B USD. Operating income FY2021 25.9B USD. Operating income FY2022 −4.59B USD. Operating income FY2023 24.77B USD. Operating income FY2024 24.26B USD. Operating income FY2025 25B USD. Net income FY2021 20.08B USD. Net income FY2022 −8.52B USD. Net income FY2023 14.4B USD. Net income FY2024 10.95B USD. Net income FY2025 21.89B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue125.65B USD122.34B USD122.43B USD120.74B USD134.04B USD
Cost of goods sold50.82B USD69.8B USD68.9B USD50.85B USD60.41B USD
Gross profit74.83B USD52.54B USD53.53B USD69.89B USD73.63B USD
Research and development—955M USD954M USD1.24B USD1.33B USD
Selling, general, and administrative28.94B USD27.32B USD27.81B USD28.96B USD29.67B USD
Operating expenses49.83B USD28.27B USD28.76B USD74.48B USD47.73B USD
Interest expense6.8B USD6.75B USD6.69B USD6.14B USD6.7B USD
Depreciation and amortization20.89B USD20.58B USD18.78B USD18.02B USD17.85B USD
Operating income25B USD24.26B USD24.77B USD−4.59B USD25.9B USD
Net income21.89B USD10.95B USD14.4B USD−8.52B USD20.08B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+0.19%
11 comparable reports
Latest EPS result
0.65
Estimate 0.59 · Beat by 10.17%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.690.60.510.42Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 27, 2025: actual 0.538, estimate 0.498, surprise +7.99%, Beat. Q2 2025, reported Apr 22, 2025: actual 0.602, estimate 0.509, surprise +18.27%, Beat. Q3 2025, reported Jul 22, 2025: actual 0.623, estimate 0.529, surprise +17.77%, Beat. Q4 2025, reported Oct 22, 2025: actual 0.54, estimate 0.537, surprise +0.56%, Beat. Q1 2026, reported Jan 28, 2026: actual 0.52, estimate 0.463, surprise +12.36%, Beat. Q2 2026, reported Apr 22, 2026: actual 0.54, estimate 0.552, surprise -2.17%, Miss. Q3 2026, reported Jul 22, 2026: actual 0.65, estimate 0.59, surprise +10.17%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.601, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates34.8B32.88B30.95B29.02BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 27, 2025: actual 32.3B USD, estimate 32.02B USD, surprise +0.87%, Beat. Q2 2025, reported Apr 22, 2025: actual 30.63B USD, estimate 30.36B USD, surprise +0.89%, Beat. Q3 2025, reported Jul 22, 2025: actual 30.85B USD, estimate 30.47B USD, surprise +1.24%, Beat. Q4 2025, reported Oct 22, 2025: actual 30.71B USD, estimate 30.88B USD, surprise -0.55%, Miss. Q1 2026, reported Jan 28, 2026: actual 33.47B USD, estimate 32.87B USD, surprise +1.81%, Beat. Q2 2026, reported Apr 22, 2026: actual 31.51B USD, estimate 31.25B USD, surprise +0.80%, Beat. Q3 2026, reported Jul 22, 2026: actual 31.56B USD, estimate 31.8B USD, surprise -0.75%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 31.79B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$21.29

9.29% upside
Past 12 months12-month forecastHigh $24.00Average $21.29Low $17.00

Rating distribution

9 ratings
Strong buy00%
Buy444%
Hold556%
Sell00%
Strong sell00%

TBB news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.3375

2025 complete year0.0% since 2021

2026 partial: $1.0032

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 17, 2026

$0.3344

Quarterly

Record Jul 17, 2026 · Payment Aug 3, 2026

Dividend

Ex-dividend Apr 16, 2026

$0.3344

Quarterly

Record Apr 16, 2026 · Payment May 1, 2026

Dividend

Ex-dividend Jan 16, 2026

$0.3344

Quarterly

Record Jan 16, 2026 · Payment Feb 2, 2026

Dividend

Ex-dividend Oct 17, 2025

$0.3344

Quarterly

Record Oct 17, 2025 · Payment Nov 3, 2025

Dividend

Ex-dividend Jul 17, 2025

$0.3344

Quarterly

Record Jul 17, 2025 · Payment Aug 1, 2025

Dividend

Ex-dividend Apr 16, 2025

$0.3344

Quarterly

Record Apr 16, 2025 · Payment May 1, 2025

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ETFs holding TBB

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Preferred and Income Securities ETF logoiShares Preferred and Income Securities ETFPFF
Market value
63.6M
Weight
0.49%
AUM
13.06B USD
Expense ratio
0.45%
Price / 1D
$30.46+0.03%
Invesco Preferred ETF logoInvesco Preferred ETFPGX
Market value
37.29M
Weight
1.00%
AUM
3.76B USD
Expense ratio
0.50%
Price / 1D
$10.60-0.28%
VanEck Preferred Securities ex Financials ETF logoVanEck Preferred Securities ex Financials ETFPFXF
Market value
25.42M
Weight
1.06%
AUM
2.4B USD
Expense ratio
0.40%
Price / 1D
$17.97+0.45%
First Trust Preferred Securities and Income ETF logoFirst Trust Preferred Securities and Income ETFFPE
Market value
18.4M
Weight
0.29%
AUM
6.28B USD
Expense ratio
0.83%
Price / 1D
$17.66-0.45%
State Street SPDR ICE Preferred Securities ETF logoState Street SPDR ICE Preferred Securities ETFPSK
Market value
9.93M
Weight
1.46%
AUM
678.06M USD
Expense ratio
0.45%
Price / 1D
$29.59-0.44%
JPMorgan Preferred and Income Securities ETF logoJPMorgan Preferred and Income Securities ETFJPRF
Market value
974K
Weight
0.04%
AUM
2.28B USD
Expense ratio
0.55%
Price / 1D
$49.7498+0.02%
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF logoGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRF
Market value
449.41K
Weight
0.31%
AUM
145.77M USD
Expense ratio
0.45%
Price / 1D
$49.345+0.03%
Fidelity Preferred Securities & Income ETF logoFidelity Preferred Securities & Income ETFFPFD
Market value
323.82K
Weight
0.41%
AUM
80.75M USD
Expense ratio
0.59%
Price / 1D
$21.22-0.26%

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