At&T (T-PA) FCF Margin (2009 - 2026)

At&T has disclosed FCF Margin across 18 years of filings, most recently posting 8.63% for Q1 2026.

• In Q1 2026, FCF Margin fell 695.0% year-over-year to 8.63%; the TTM figure through Mar 2026 stood at 13.74% (down 211.0% YoY), while the FY2025 annual figure was 15.47%, up 34.0% from the prior year.
• FCF Margin eased to 8.63% in Q1 2026, from 13.56% in the prior quarter.
• Over the last five years, FCF Margin for T-PA reached as high as 21.16% in Q4 2023 and fell as low as 7.77% in Q1 2023.
• The 5-year median for FCF Margin is 15.64% (2024), against an average of 14.77%.
• Annual changes were most pronounced in 2022 — FCF Margin sank 810 bps — and 2023, when it soared 934 bps.
• A 5-year view of FCF Margin shows it stood at 19.52% in 2022, then advanced by 8 bps to 21.16% in 2023, then dropped by 26 bps to 15.64% in 2024, then dropped by 13 bps to 13.56% in 2025, then tumbled by 36 bps to 8.63% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 8.63%, 13.56%, and 17.14% for Q1 2026, Q4 2025, and Q3 2025 respectively.