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

At&T (TBB) reported Return on Capital Employed of 6.77% for Q1 2026, up 132.0% year-over-year from 2.92% in Q1 2025, and up 3.08% quarter-over-quarter from 6.57% in Q4 2025.

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

At&T (TBB) has 18 years of Return on Capital Employed data on file, last reported at 6.77% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 6.77%, up 132.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.77% (up 132.0% YoY), and the FY2025 annual result was 6.83%, up 145.0% from the prior year.
  • Return on Capital Employed rose to 6.77% in Q1 2026 per TBB's latest filing, from 6.57% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 6.77% in Q1 2026 and troughed at 1.28% in Q4 2022.
  • A 5-year average of 4.28% and a median of 5.48% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed tumbled 712 bps in 2022, then surged 787 bps in 2023.
  • 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.
  • Business Quant data shows TBB's Return on Capital Employed at 6.77% in Q1 2026, 6.57% in Q4 2025, and 6.57% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 9.14%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 8.65%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 6.77%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 9.71%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 3.96%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 11.68%
9 Veon 82.81 Bn 80.59 Bn - -
10 At&T - - 25.25 Bn 6.77%

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%