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AT&T T Gross Profit

Discontinued — last reported Q2 '19

Gross Profit at other companies

Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
$1.36B+4.8%
SBA Communications logo
SBA CommunicationsSBAC
$664.01M+6.1%
Crown Castle logo
Crown CastleCCI
$984M-4.7%
Twilio logo
TwilioTWLO
$684.24M+17.7%
Dycom Industries logo
Dycom IndustriesDY
EchoStar logo
EchoStarSATS

Other financials

Income statement

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Revenue$31.5B+2.9%
Operating income$6.7B+15.7%
Net income$3.8B-12.0%
EPS (diluted)$0.54-11.5%

Balance sheet

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Cash & equivalents$12.0B+73.8%
Total debt$157.31B+9.6%
Total assets$421.19B+6.0%

Cash flow

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Operating cash flow$7.6B-16.1%
CapEx$4.9B+14.0%
Free cash flow$2.7B-43.0%

Valuation

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Market cap$155.92B-0.3%
Enterprise value$301.27B+2.4%
P/E7.3×-5.9×
P/S1.2×0.0×

Profitability

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Gross margin93%
Operating margin19.8%+4.4pp
Net margin16.9%+7.3pp

Returns & leverage

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Current ratio0.9×+0.2×

Where this comes from

Calculated from AT&T’s reported figures.

The official record: AT&T’s 10-Q, filed August 5, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?
Gross profit is the money left over after subtracting the direct costs of providing services and products from total revenue.
How do you interpret gross profit?
An increase in gross profit suggests improved pricing power or better management of direct network and service delivery costs, while a decrease may indicate rising network maintenance expenses or competitive pricing pressure.
How does gross profit compare across companies?
Comparable to other major telecommunications carriers, gross profit margins are heavily influenced by the mix of high-margin wireless service revenue versus lower-margin equipment sales and legacy fixed-line services.