At&T (T) Debt Ratio (2009 - 2026)
At&T's (T) Debt Ratio stood at 0.34 in Q2 2026, up 3.0% from 0.33 a year earlier and up 2.3% from the prior quarter.
Analysis
At&T (T) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, At&T's Debt Ratio came in at 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 Q2 2026 figure is the highest quarterly Debt Ratio since Q4 2023.
- On a year-over-year basis, Debt Ratio has increased for four consecutive quarters, with an average decline of 0.6% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 11.0% in Q3 2021, against a decline of 7.3% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.33 (Q1 2026), 0.32 (Q4 2025) and 0.33 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 0.40 |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 0.40 |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 0.34 |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 0.35 |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 0.35 |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 0.01 |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 0.44 |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | 0.51 |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 0.03 |
| 10 | Bce | 18.40 Bn | 16.72 Bn | - | 0.52 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.33 |
API Access
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();