At&T (T) EBITDA Margin (2009 - 2026)
At&T (T) reported EBITDA Margin of 28.07% for Q3 2026, down 9.17 percentage points from 37.24% a year earlier and down 9.97 percentage points from the prior quarter.
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Analysis
At&T (T) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, At&T's EBITDA Margin came in at 33.85%, down 2.16 percentage points year-over-year; for FY2025, it was 35.85%, up 3.46 percentage points from FY2024.
- EBITDA Margin has a five-year change of +14.26 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 32.39% in FY2024 (-2.11 pp), 34.50% in FY2023 (+23.37 pp), 11.13% in FY2022 (-21.51 pp) and 32.64% in FY2021 (+11.04 pp).
- The Q3 2026 figure ranks as the lowest quarterly EBITDA Margin since Q3 2024.
- Year over year, EBITDA Margin gained in four of the last eight quarters, with an average year-over-year change of +0.98 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q4 2023 (a gain of 83.98 percentage points); the low point was Q4 2022 (a drop of 82.84 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 38.04% (Q2 2026), 36.89% (Q1 2026) and 32.62% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.35 Bn | 158.69 Bn | 27.05 Bn | 40.06% |
| 2 | T-Mobile US | 179.45 Bn | 161.88 Bn | 15.13 Bn | 38.64% |
| 3 | At&T | 148.35 Bn | 89.82 Bn | 26.22 Bn | 28.07% |
| 4 | Grupo Televisa, S.A.B | 145.45 Bn | 145.45 Bn | 960.50 Mn | -2.72% |
| 5 | Comcast | 86.70 Bn | 52.49 Bn | - | 30.78% |
| 6 | Chunghwa Telecom | 37.83 Bn | 29.85 Bn | 728.80 Mn | - |
| 7 | Vodafone Group Public | 37.58 Bn | 6.97 Bn | - | - |
| 8 | EchoStar | 29.06 Bn | 10.09 Bn | 647.20 Mn | 20.76% |
| 9 | Bce | 19.82 Bn | 17.81 Bn | 2.79 Bn | -83.58% |
| 10 | Telefonica Brasil | 18.61 Bn | 12.63 Bn | 1.42 Bn | 41.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.07% |
| Jun 30, 2026 | 38.04% |
| Mar 31, 2026 | 36.89% |
| Dec 31, 2025 | 32.62% |
| Sep 30, 2025 | 37.24% |
| Jun 30, 2025 | 38.10% |
| Mar 31, 2025 | 35.73% |
| Dec 31, 2024 | 33.13% |
| Sep 30, 2024 | 23.84% |
| Jun 30, 2024 | 36.35% |
| Mar 31, 2024 | 36.28% |
| Dec 31, 2023 | 31.34% |
| Sep 30, 2023 | 34.55% |
| Jun 30, 2023 | 37.04% |
| Mar 31, 2023 | 35.28% |
| Dec 31, 2022 | -52.63% |
| Sep 30, 2022 | 35.04% |
| Jun 30, 2022 | 31.73% |
| Mar 31, 2022 | 33.65% |
| Dec 31, 2021 | 30.21% |
API Access
At&T EBITDA Margin 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=ebitda-margin&ticker=T&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();