At&T (T) Debt Ratio (2009 - 2026)
At&T's (T) Debt Ratio stood at 0.36 in Q3 2026, up 8.6% from 0.33 a year earlier and up 6.5% from the prior quarter.
At&T (T) Debt Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, At&T's Debt Ratio came in at 1.30 as of Sep 30, 2026, up 4.7% year-over-year; for FY2025, it was 0.32, up 3.5% from FY2024.
- Across earlier years, Debt Ratio came in at 0.31 in FY2024 (-7.3%), 0.34 in FY2023 (unchanged), 0.34 in FY2022 (+5.9%) and 0.32 in FY2021 (+6.5%).
- The Q3 2026 figure is the highest quarterly Debt Ratio since Q1 2022.
- On a year-over-year basis, Debt Ratio has increased for five consecutive quarters, with growth averaging 0.9% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 10.0% in Q2 2023, against a decline of 7.3% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.34 (Q2 2026), 0.33 (Q1 2026) and 0.32 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 0.40 |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 0.39 |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 0.36 |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | 0.35 |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | 0.34 |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 0.01 |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | 0.45 |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 0.27 |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 0.51 |
| 10 | Telefonica Brasil | 19.21 Bn | 13.23 Bn | 1.42 Bn | 0.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.36 |
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.33 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.31 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.32 |
At&T Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=T&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "T", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();