At&T (T) FCF Margin (2009 - 2026)
At&T's FCF Margin was 16.89% in Q3 2026, down 0.26 percentage points from 17.14% a year earlier but up 0.72 percentage points from the prior quarter.
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Analysis
At&T (T) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, At&T's FCF Margin was 13.83% through Sep 30, 2026, down 2.20 percentage points year-over-year; for FY2025, it came in at 15.47%, up 0.34 percentage points from FY2024.
- FCF Margin shows a five-year change of -0.46 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 15.13% in FY2024 (-1.58 pp), 16.71% in FY2023 (+3.31 pp), 13.41% in FY2022 (-2.73 pp) and 16.13% in FY2021 (+0.20 pp).
- Quarterly FCF Margin has moved between 7.77% (Q1 2023) and 21.16% (Q4 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of -1.34 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 9.34 percentage points); the worst was Q2 2022 (a drop of 8.10 percentage points).
- Per Business Quant data, T's FCF Margin in the three quarters before Q3 2026 was 16.16% (Q2 2026), 8.63% (Q1 2026) and 13.56% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.25 Bn | 148.37 Bn | 27.03 Bn | 18.76% |
| 2 | T-Mobile US | 158.63 Bn | 143.38 Bn | 14.76 Bn | 21.05% |
| 3 | Grupo Televisa, S.A.B | 147.96 Bn | 139.70 Bn | 318.12 Mn | - |
| 4 | At&T | 143.36 Bn | 84.83 Bn | 26.22 Bn | 16.89% |
| 5 | Comcast | 80.87 Bn | 46.67 Bn | - | 16.54% |
| 6 | Vodafone Group Public | 37.85 Bn | 7.25 Bn | - | - |
| 7 | Chunghwa Telecom | 37.61 Bn | 29.62 Bn | 728.80 Mn | 8.63% |
| 8 | EchoStar | 25.86 Bn | 16.95 Bn | 1.65 Bn | -2.86% |
| 9 | Telefonica Brasil | 20.93 Bn | 14.95 Bn | 1.42 Bn | 32.71% |
| 10 | Bce | 19.00 Bn | 17.12 Bn | 3.38 Bn | 17.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.89% |
| 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% |
API Access
At&T FCF 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=fcf-margin&ticker=T&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();