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Stocks/Communication Services/Integrated Telecommunication Services

AT&TT

Integrated Telecommunication Services · Dallas, Texas · In the S&P 500
Solid businessCheaper than peers
$21.41+2.34%After hours: $21.45 (+0.19%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 14.8% over 1 year
AT&T over 1 yearDaily close, $, to 30 Oct 2026
$22$25$28Nov2026MarMayJulSep$21.41$25NovMarJul$21.41
Source: Nasdaq daily closes
Market value$144B
Price to earnings11.5x
Forward P/E8.8x
Dividend yield5.18%
Year to date−13.8%
One year−14.8%
Next earningsNot scheduled
SectorCommunication Services
52-week range (closes)
$20.48$29.10

Quality and valuation

How AT&T compares with other communication services stocks. A description, not a recommendation.

AT&T and 6 integrated telecommunication services peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among communication services companies, priced below most of them.

AT&T trades at 8.8 times the next 12 months of expected earnings, against a median of 14.8x for the 28 communication services stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +3.5% vs +10.8%
  • Less profitable (operating margin): 18.3% vs 18.6%
  • Turns more of its sales into cash: 13.8% vs 9.0%
T trades at 8.8x forward earnings, below the sector medianForward p/e, Integrated Telecommunication Services peers
T8.8xVZ8.8xTMUS12.4xDIS14.7xNFLX18.3xMETA21.0xGOOGL21.2xSPOT39.9xSector median 14.8xT8.8xVZ8.8xTMUS12.4xDIS14.7xNFLX18.3xMETA21.0xGOOGL21.2xSPOT39.9xSector median 14.8x
Source: CNBC quotes; Mostly Markets
At 11.6x earnings, T is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
10x15x20xAverage 12.9x2025202611.6x10x15x20xAverage 12.9x2025202611.6x
Source: Nasdaq prices; SEC filings

Financials

From AT&T's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 5.3% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$10bn$20bn$30bnQ4 ’24Q2 ’25Q4 ’25$32.3bnQ3 ’26$0bn$20bnQ4 ’24Q2 ’25Q4 ’25$32.3bnQ3 ’26
Source: SEC filings
Growth sped up to +5.3% last quarterRevenue growth, year on year, %
0%2%4%Q4 ’24Q2 ’25Q4 ’255.3%Q3 ’260%2%4%Q4 ’24Q2 ’25Q4 ’255.3%Q3 ’26
Source: SEC filings
Operating margin was 12.7% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2512.7%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2512.7%Q3 ’26
Source: SEC filings
Free cash flow was $17.8 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.5bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.5bnQ3 ’26
Source: SEC filings
Last 12 monthsTSector median
Revenue growth+3.5%+10.8%
Operating margin18.3%18.6%
Free cash flow margin13.8%9.0%
Price to earnings11.5x17.9x

Stories on AT&T

Friday, 23 October
Why it moved

AT&T (T) Shares Slide After Report SpaceX Is Seeking 80,000 Cell Sites

AT&T slid 8.0% and T-Mobile 7.7% on Friday after Bloomberg reported SpaceX is in talks for at least 80,000 US cell sites for a phone network. Crown Castle soared 9.1%.

T▼ 8.0%
A cell tower at dusk

Similar companies

Integrated Telecommunication Services, by market value.

CompanyPriceTodayYTDValue
GOOGLAlphabet$279.84−1.40%−10.6%$3.37T
METAMeta$614.99−1.53%−6.8%$1.60T
NFLXNetflix$62.08+0.05%−33.8%$255B
DISWalt Disney$110.94+0.03%−2.5%$192B
VZVerizon$44.73+2.45%+9.8%$185B
TMUST-Mobile US$156.44+6.21%−23.0%$166B
SPOTSpotify$593.44+6.50%+2.2%$122B
CMCSAComcast$23.22+4.27%−17.2%$82.45B