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

At&T (T) posted quarterly FCF Margin of 8.63% for Q1 2026, down 695.0% YoY from 1.45% in Q1 2025, and down 36.39% sequentially from 13.56% in Q4 2025.

At&T (T) FCF Margin (2009 - 2026) Analysis & Trends

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 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 19.90%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 10.98%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 8.63%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.66%
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 38.24%
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 43.87%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn 13.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.63%
Dec 31, 2025 13.56%
Sep 30, 2025 17.14%
Jun 30, 2025 15.77%
Mar 31, 2025 15.58%
Dec 31, 2024 15.64%
Sep 30, 2024 16.33%
Jun 30, 2024 15.88%
Mar 31, 2024 12.62%
Dec 31, 2023 21.16%
Sep 30, 2023 18.74%
Jun 30, 2023 18.89%
Mar 31, 2023 7.77%
Dec 31, 2022 19.52%
Sep 30, 2022 13.89%
Jun 30, 2022 9.55%
Mar 31, 2022 10.31%
Dec 31, 2021 14.74%
Sep 30, 2021 15.45%
Jun 30, 2021 17.65%