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AT&T T Net margin

Net margin at other companies

Dycom Industries logo
Dycom IndustriesDY
5%+0.2pp
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
17.6%-1.1pp
Verizon Communications logo
Verizon CommunicationsVZ
12.5%-0.7pp
SBA Communications logo
SBA CommunicationsSBAC
35.7%+5.3pp
Crown Castle logo
Crown CastleCCI
25.1%+13.9pp
Charter Communications, Inc. logo
Charter Communications, Inc.CHTR
9%-0.4pp

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

Returns & leverage

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Current ratio0.9×+0.2×

Where this comes from

Calculated from AT&T’s reported figures.

Based on trailing twelve months.

The official record: AT&T’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AT&T's net margin?
AT&T (T) reported net margin of 16.9% in Q1 2026.
How has AT&T's net margin changed year-over-year?
AT&T's net margin increased by 75.7% year-over-year, from 9.6% to 16.9%.
What is the long-term trend for AT&T's net margin?
Over 4 years (2021 to 2025), AT&T's net margin has grown at a 44.1% compound annual growth rate (CAGR), from 12.8% to 55.3%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.