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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

At&T (T-PA) Operating Margin (2016 - 2025)

At&T (T-PA) has disclosed Operating Margin for 17 consecutive years, with 17.3% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 80.0% to 17.3% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 19.23% through Dec 2025, up 366.0% year-over-year, with the annual reading at 19.23% for FY2025, 366.0% up from the prior year.
  • Operating Margin for Q4 2025 was 17.3% at At&T, down from 19.93% in the prior quarter.
  • The five-year high for Operating Margin was 21.41% in Q2 2023, with the low at 67.29% in Q4 2022.
  • Average Operating Margin over 5 years is 14.06%, with a median of 19.19% recorded in 2023.
  • The sharpest move saw Operating Margin crashed -8303bps in 2022, then soared 8375bps in 2023.
  • Over 5 years, Operating Margin stood at 15.74% in 2021, then plummeted by -528bps to 67.29% in 2022, then skyrocketed by 124bps to 16.46% in 2023, then rose by 0bps to 16.49% in 2024, then rose by 5bps to 17.3% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 17.3%, 19.93%, and 21.07% for Q4 2025, Q3 2025, and Q2 2025 respectively.