At&T (T) Free Cash Flow (2009 - 2026)
At&T's Free Cash Flow was $5.46 billion in Q3 2026, up 3.7% from $5.27 billion a year earlier and up 7.0% from the prior quarter.
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Analysis
At&T (T) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, At&T's Free Cash Flow was $17.82 billion through Sep 30, 2026, down 10.7% year-over-year; for FY2025, it came in at $19.44 billion, up 5.0% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $18.51 billion in FY2024 (-9.5%), $20.46 billion in FY2023 (+26.4%), $16.19 billion in FY2022 (-25.2%) and $21.63 billion in FY2021 (-5.1%).
- The Q3 2026 figure marks the highest quarterly Free Cash Flow since Q4 2023.
- Compared with a year earlier, Free Cash Flow was higher in five of the last eight quarters, with an average decline of 4.3%.
- The best year-over-year quarter for Free Cash Flow over five years was Q2 2023 (growth of 99.6%); the worst was Q2 2022 (a decline of 55.1%).
- Per Business Quant data, T's Free Cash Flow in the three quarters before Q3 2026 was $5.1 billion (Q2 2026), $2.72 billion (Q1 2026) and $4.54 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.43 Bn | 149.83 Bn | 27.03 Bn | 6.43 Bn |
| 2 | T-Mobile US | 157.50 Bn | 142.25 Bn | 14.76 Bn | 4.80 Bn |
| 3 | Grupo Televisa, S.A.B | 146.85 Bn | 139.14 Bn | 318.12 Mn | - |
| 4 | At&T | 140.99 Bn | 98.44 Bn | 26.22 Bn | 5.46 Bn |
| 5 | Comcast | 80.32 Bn | 46.28 Bn | - | 4.85 Bn |
| 6 | Vodafone Group Public | 38.29 Bn | 11.97 Bn | - | - |
| 7 | Chunghwa Telecom | 37.65 Bn | 30.15 Bn | 728.80 Mn | 167.60 Mn |
| 8 | EchoStar | 25.85 Bn | 16.98 Bn | 1.65 Bn | -102.26 Mn |
| 9 | Telefonica Brasil | 20.72 Bn | 14.74 Bn | 1.42 Bn | 1.02 Bn |
| 10 | Bce | 19.04 Bn | 17.39 Bn | 3.38 Bn | 782.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.46 Bn |
| Jun 30, 2026 | 5.10 Bn |
| Mar 31, 2026 | 2.72 Bn |
| Dec 31, 2025 | 4.54 Bn |
| Sep 30, 2025 | 5.27 Bn |
| Jun 30, 2025 | 4.87 Bn |
| Mar 31, 2025 | 4.77 Bn |
| Dec 31, 2024 | 5.05 Bn |
| Sep 30, 2024 | 4.93 Bn |
| Jun 30, 2024 | 4.73 Bn |
| Mar 31, 2024 | 3.79 Bn |
| Dec 31, 2023 | 6.78 Bn |
| Sep 30, 2023 | 5.69 Bn |
| Jun 30, 2023 | 5.65 Bn |
| Mar 31, 2023 | 2.34 Bn |
| Dec 31, 2022 | 6.12 Bn |
| Sep 30, 2022 | 4.17 Bn |
| Jun 30, 2022 | 2.83 Bn |
| Mar 31, 2022 | 3.06 Bn |
| Dec 31, 2021 | 4.58 Bn |
API Access
At&T Free Cash Flow 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=free-cash-flow&ticker=T&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();