At&T (T) FCF Margin (2009 - 2026)
At&T (T) posted quarterly FCF Margin of 16.16% for 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.
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.
- In Q2 2026, FCF Margin rose 39.0% year-over-year to 16.16%; the TTM figure through Jun 2026 stood at 13.85% (down 198.0% YoY), while the FY2025 annual figure was 15.47%, up 34.0% from the prior year.
- FCF Margin climbed to 16.16% in Q2 2026 per T's latest filing, from 8.63% in the prior quarter.
- Across five years, FCF Margin topped out at 21.16% in Q4 2023 and bottomed at 7.77% in Q1 2023.
- Historically, FCF Margin has averaged 14.84% across 5 years, with a median of 15.71% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin tumbled 810 bps — and 2023, when it soared 934 bps.
- At&T's FCF Margin stood at 19.52% in 2022, then climbed by 8 bps to 21.16% in 2023, then declined by 26 bps to 15.64% in 2024, then declined by 13 bps to 13.56% in 2025, then grew by 19 bps to 16.16% in 2026.
- Business Quant data shows T's FCF Margin at 16.16% in Q2 2026, 8.63% in Q1 2026, and 13.56% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 18.76% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 21.05% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | - |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 16.16% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 8.63% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | -2.86% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 17.52% |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 9.90% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | - |
| 10 | Charter Communications | 17.77 Bn | 17.26 Bn | - | 7.79% |
Historic Data
Download 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% |