At&T (T) FCF Margin (2009 - 2026)
At&T's (T) quarterly FCF Margin came in at 16.16% in Q2 2026, up 39.0% year-over-year from 11.63% in Q2 2025, and up 87.37% quarter-over-quarter from 8.63% in Q1 2026.
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At&T (T) FCF Margin (2009 - 2026) Analysis & Trends
At&T (T) has reported FCF Margin for 18 consecutive years, with 16.16% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 39.0% year-over-year to 16.16% in Q2 2026; TTM through Jun 2026 was 13.85%, a 198.0% decrease from a year earlier, with the FY2025 full-year figure at 15.47%, up 34.0% from the prior year.
- FCF Margin was 16.16% for Q2 2026 at At&T, up from 8.63% in the prior quarter.
- Over five years, FCF Margin peaked at 21.16% in Q4 2023 and troughed at 7.77% in Q1 2023.
- A 5-year average of 14.84% and a median of 15.71% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin plunged 810 bps in 2022 and surged 934 bps in 2023, its largest moves.
- Over 5 years, FCF Margin stood at 19.52% in 2022, then gained by 8 bps to 21.16% in 2023, then slipped by 26 bps to 15.64% in 2024, then slipped by 13 bps to 13.56% in 2025, then advanced by 19 bps to 16.16% in 2026.
- The last three FCF Margin figures came in at 16.16% (Q2 2026), 8.63% (Q1 2026), and 13.56% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 210.23 Bn | 209.76 Bn | 27.03 Bn | 18.76% |
| 2 | T-Mobile US | 195.97 Bn | 193.15 Bn | 17.74 Bn | 21.05% |
| 3 | At&T | 178.50 Bn | 176.92 Bn | 25.25 Bn | 16.16% |
| 4 | Chunghwa Telecom | 34.81 Bn | 32.72 Bn | 728.80 Mn | 16.61% |
| 5 | Bce | 21.79 Bn | 21.68 Bn | - | 52.49% |
| 6 | Rogers Communications | 19.56 Bn | 22.86 Bn | 1.77 Bn | 39.39% |
| 7 | Telefonica Brasil | 18.93 Bn | 17.25 Bn | 1.42 Bn | - |
| 8 | Millicom International Cellular | 16.34 Bn | 15.39 Bn | - | 0.00% |
| 9 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.80 Bn | -40,057.20 Bn | - | - |
| 10 | Telus | 14.09 Bn | 13.57 Bn | - | 24.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.16% |
| 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% |