At&T (T) Return on Capital Employed (2009 - 2026)
At&T (T) posted quarterly Return on Capital Employed of 6.89% for Q2 2026, up 131.0% year-over-year from 2.98% in Q2 2025, and up 1.83% quarter-over-quarter from 6.77% in Q1 2026.
At&T (T) Return on Capital Employed (2009 - 2026) Analysis & Trends
At&T (T) has reported Return on Capital Employed for 18 consecutive years, with 6.89% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Capital Employed rose 131.0% year-over-year to 6.89%; the TTM figure through Jun 2026 stood at 6.89% (up 131.0% YoY), while the FY2025 annual figure was 6.83%, up 145.0% from the prior year.
- Return on Capital Employed climbed to 6.89% in Q2 2026 per T's latest filing, from 6.77% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 6.89% in Q2 2026 and bottomed at 1.28% in Q4 2022.
- Historically, Return on Capital Employed has averaged 4.42% across 5 years, with a median of 5.53% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 712 bps — and 2023, when it surged 787 bps.
- At&T's Return on Capital Employed stood at 1.28% in 2022, then surged by 615 bps to 6.59% in 2023, then retreated by 17 bps to 5.48% in 2024, then rose by 20 bps to 6.57% in 2025, then grew by 5 bps to 6.89% in 2026.
- Business Quant data shows T's Return on Capital Employed at 6.89% in Q2 2026, 6.77% in Q1 2026, and 6.57% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 206.59 Bn | 204.83 Bn | 27.03 Bn | 8.11% |
| 2 | T-Mobile US | 200.39 Bn | 197.56 Bn | 17.74 Bn | 9.58% |
| 3 | Grupo Televisa, S.A.B | 192.34 Bn | 190.63 Bn | 318.12 Mn | 6.97% |
| 4 | At&T | 176.78 Bn | 159.21 Bn | 25.25 Bn | 6.89% |
| 5 | Chunghwa Telecom | 33.77 Bn | 31.19 Bn | 728.80 Mn | 2.46% |
| 6 | EchoStar | 25.44 Bn | 23.94 Bn | 1.65 Bn | -45.15% |
| 7 | Bce | 22.17 Bn | 22.17 Bn | - | - |
| 8 | Rogers Communications | 19.69 Bn | 18.45 Bn | 1.77 Bn | 14.79% |
| 9 | Telefonica Brasil | 18.57 Bn | 18.57 Bn | 1.32 Bn | - |
| 10 | Charter Communications | 18.18 Bn | 17.67 Bn | - | 8.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.89% |
| 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% |