At&T (T) Return on Capital Employed (2009 - 2026)

At&T (T) posted quarterly Return on Capital Employed of 6.77% for Q1 2026, up 132.0% YoY from 2.92% in Q1 2025, and up 3.08% sequentially from 6.57% in Q4 2025.

At&T (T) Return on Capital Employed (2009 - 2026) Analysis & Trends

At&T has disclosed Return on Capital Employed across 18 years of filings, most recently posting 6.77% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 132.0% year-over-year to 6.77%; the TTM figure through Mar 2026 stood at 6.77% (up 132.0% YoY), while the FY2025 annual figure was 6.83%, up 145.0% from the prior year.
  • Return on Capital Employed advanced to 6.77% in Q1 2026, from 6.57% in the prior quarter.
  • Over the last five years, Return on Capital Employed for T reached as high as 6.77% in Q1 2026 and fell as low as 1.28% in Q4 2022.
  • The 5-year median for Return on Capital Employed is 5.48% (2024), against an average of 4.28%.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed sank 712 bps — and 2023, when it surged 787 bps.
  • A 5-year view of Return on Capital Employed shows it stood at 1.28% in 2022, then jumped by 615 bps to 6.59% in 2023, then fell by 17 bps to 5.48% in 2024, then increased by 20 bps to 6.57% in 2025, then increased by 3 bps to 6.77% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 6.77%, 6.57%, and 6.57% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 9.14%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 8.65%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 6.77%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 9.07%
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 11.68%
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 1.15%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn -1.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.77%
Dec 31, 2025 6.57%
Sep 30, 2025 6.57%
Jun 30, 2025 5.58%
Mar 31, 2025 5.45%
Dec 31, 2024 5.48%
Sep 30, 2024 5.35%
Jun 30, 2024 6.36%
Mar 31, 2024 6.50%
Dec 31, 2023 6.59%
Sep 30, 2023 -0.82%
Jun 30, 2023 -0.76%
Mar 31, 2023 -1.20%
Dec 31, 2022 -1.28%
Sep 30, 2022 5.72%
Jun 30, 2022 4.78%
Mar 31, 2022 5.03%
Dec 31, 2021 5.84%
Sep 30, 2021 2.63%
Jun 30, 2021 2.61%