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-on-year from 11.63% in Q2 2025, and up 87.37% on a QoQ basis from 8.63% in Q1 2026.
At&T (T) FCF Margin (2009 - 2026) Analysis & Trends
At&T (T) has 18 years of FCF Margin data on file, last reported at 16.16% 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 for Q2 2026 stood at 16.16%, up from 8.63% 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.
- Historically, FCF Margin has averaged 14.84% across 5 years, with a median of 15.71% in 2025.
- Across the five-year window, FCF Margin sank 810 bps in 2022 and jumped 934 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 19.52% in 2022, then increased by 8 bps to 21.16% in 2023, then retreated by 26 bps to 15.64% in 2024, then retreated by 13 bps to 13.56% in 2025, then rose by 19 bps to 16.16% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 16.16% in Q2 2026, 8.63% in Q1 2026, and 13.56% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 30.98% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | - |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 17.93% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 10.98% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 21.05% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 16.16% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 32.97% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | - |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | - |
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% |