Stock Analysis
AT&T Inc.T
P/E 7.45×· 5Y range 5.54–34.09×· bottom 18% of history
Sector: Communication Services · Industry: Telephone Communications (No Radiotelephone)
AnalystsBuy35 analystsP/E 7.5× sits at the 18th percentile of its 5.0978781656399725-year history.
Cash covers 11% of debt · Q2 2026.
PMP Verdict
Cheap for a reason — weak fundamentals
Strengths
- Quality74
- Profitability65
Risks
- Growth12
- Financial Health24
Cheap for a reason — fundamentals remain weak.
Bull Case
- ✓ROE 16.8% — efficient capital deployment
- ✓P/E 7.5× at bottom 18% of 5-year history
What's happening with T
Profile
Strong valuation; growth and financial health lag behind.
How is each axis scored?
- Valuation95/100 · Strong
- P/E vs own history (18th pct)25/25
- FCF yield (11.0%)25/25
- P/S (1.3x)25/25
- EV/EBIT (12.1x)20/25
- Growth12/100 · Weak
- Revenue CAGR (-7.1%)0/25
- Net income CAGR (2.3%)6/25
- EPS CAGR 5Y (2.2%)6/25
- Fwd implied growth (-25.6%)0/25
- Profitability65/100 · Moderate
- ROIC (7.3%)5/25
- ROE (16.8%)20/25
- Net margin (16.9%)20/25
- Operating margin (20.1%)20/25
- Financial Health24/100 · Weak
- Altman Z (0.64)3/25
- Current ratio (0.97)6/25
- Interest coverage (3.4x)10/25
- Net cash / debt (D/A 35%)5/25
- Quality74/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-2.18)12/25
- FCF conversion (82%)22/25
- Margin stability (σ 3.4%)25/25
- Moat50/100 · Moderate
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (80.6%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst -7.1%)0/25
Risk Flags
- ⚠Altman Z 0.6 — distress-zone balance sheet
- ⚠2 loss-making years in recent history
- ⚠Revenue shrinking 7.1%/yr
About AT&T Inc.
The wireless business contributes nearly 70% of AT&T's revenue. Show more
The company is the third-largest US wireless carrier, connecting 74 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 14% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential services, about 11% of revenue, primarily consist of in-home broadband internet access, serving 15 million customers. AT&T also has a sizable presence in Mexico, with 25 million wireless customers, but this business only accounts for 3% of revenue. The company recently sold its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.
Headquarters: DALLAS, TX · Employees: 133,030 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
95A+P/E (TTM)7.4xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 5.5x–34.1x · 18th pct
P/FCF9.1xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
FCF Yield11.0%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 6.6%–22.9% · 40th pct · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
P/S (TTM)1.26xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.7x–2.5x · 46th pct
EV/EBIT12.1xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 10.4x–68.1x · 32nd pct
EV/Sales2.3xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E10.0xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.25xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.77A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield5.00%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio37.2%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Elevated investment: Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Profitability
65BROIC7.3%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE16.8%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA5.1%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin16.9%A
Grade A: HighNet Income / Revenue
Operating Margin20.1%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin79.6%A
Grade A: PremiumGross Profit / Revenue
FCF Margin13.9%C
Grade C: AverageFCF / Revenue · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
True FCF Margin13.9%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Growth
12ERevenue CAGR-7.1%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR2.3%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)2.2%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-25.6%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-4.7%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
24EAltman Z-Score0.64D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.97xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.68xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.4xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment8.4yC
Grade C: AverageYears to repay net debt via FCF · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Net Debt/EBIT5.8xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.29xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.11xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
74B+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.18C
Grade C: Gray zoneEarnings manipulation risk. < -2.22 Safe
FCF Conversion81.7%A
Grade A: StrongFCF / Net Income · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Margin Stability3.4%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue17.5%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.30xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Cakaric Darcie M. Filed | Cakaric Darcie M. | Option exercise | -38655 | |
Cakaric Darcie M. Filed | Cakaric Darcie M. | Tax withholding | -15211 | |
Cakaric Darcie M. Filed | Cakaric Darcie M. | Option exercise | +38.7K | |
Sabrina Sanders S Filed | Sabrina Sanders S | Grant / award | +145 | |
McElfresh Jeffery S. Filed | McElfresh Jeffery S. | Grant / award | +512 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Lee Lori M Filed | Lee Lori M | Grant / award | +369 | |
Merchant Fazal F Filed | Merchant Fazal F | Grant / award | +10.7K | |
Desroches Pascal Filed | Desroches Pascal | Grant / award | +1.8K |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)80.6%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-7.1%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$3.15
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$2.55
Cash & short-term investments per share (Finnhub)
Book Value / Share$16.06
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$165.76B
Total debt obligations (short + long term)
Cash & Equiv.$17.57B
Cash and short-term investments
Net Debt$148.19B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$128.44B
Shareholders' equity (book value)
Asset / Liability1.43xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$160.55B
Current Market Capitalization
Beta0.26B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: AT&T Inc. (T)
Piotroski F-Score of 5/9 indicates mixed fundamentals for AT&T Inc.. Altman Z-Score of 0.64 is below the 1.81 distress threshold — an elevated financial-risk flag. Revenue has been contracting (CAGR ≈ -7%), which weighs on the growth outlook. Takes ~8.4 years to repay net debt from free cash flow.
- AT&T Inc. posted a net loss in 2 of 9 available completed fiscal years (2017–2025).
- At a valuation score of 95/100, T trades near the cheapest end of its own historical range (P/E 7.4).
- The stock currently yields 5.0% in dividends.
- AT&T Inc. reports earnings in 5 days — a potential volatility catalyst.
See how T ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Next Earnings
| Date | Time | EPS Est. | Rev Est. |
|---|---|---|---|
| Oct 21, 2026 | After-Hrs | $0.61 | $32.3B |
Recent Market Moves
See all T moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 9 | Pre-market | 23.10 | -7.12% | -5.76 |
| Oct 9 | Regular | 22.19 | -10.80% | -9.01 |
| Oct 9 | After-hours | 22.22 | -10.65% | -8.88 |
| Oct 8 | After-hours | 23.20 | -5.19% | -4.02 |
Frequently Asked Questions about T
What is the current AT&T Inc. (T) stock price?
T is trading at $23.44 at the last market close, down 0.26% on the session. PreMarketPrice tracks T pre-market, intraday and after-hours prices.
Is T stock a buy right now?
PreMarketPrice's quantitative model rates AT&T Inc.'s financial health at 24/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is T stock overvalued?
AT&T Inc. trades at a trailing P/E of 7.4 and our valuation score rates it 95/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does AT&T Inc. report earnings?
T is scheduled to report on 2026-10-21 (in 5 days). Check the Earnings section for recent results and the full calendar.
What sector does AT&T Inc. operate in?
AT&T Inc. operates in the Communication Services sector, within the Telephone Communications (No Radiotelephone) industry. The Related Stocks section lists sector peers for comparison.
What does AT&T Inc. do?
The wireless business contributes nearly 70% of AT&T's revenue.
About AT&T Inc. (T) Stock
AT&T Inc. (T) is a US-listed stock operating in the Communication Services sector, specifically the Telephone Communications (No Radiotelephone) industry. As of the latest update, AT&T Inc. is trading at $23.44, down 0.26% on the day with a market capitalization of $160.6 billion. The financial health score for T is 24/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for T stock.
T Stock Analysis & Key Metrics
On PreMarketPrice, you can track AT&T Inc. (T) across multiple dimensions:
- Pre-market price & movement: Real-time T stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for T, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for T with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for AT&T Inc. across multiple reporting periods.
- Financial health score: A composite score of 24/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for T.
- Sector peers: Compare T against 6 other communication services stocks on key financial metrics.
Is T a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate AT&T Inc. (T) as an investment. The financial health score of 24/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.AT&T Inc. (T) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.