Stocks · Communication Services · Telecommunications Services
AT&T Inc. 5.35% GLB NTS 66 TBB
$18.97 +0.21% Close, Oct 2, 2026 · NYSE · Market cap $153.88B
Inexpensive vs sectorLow risk
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $3.01, up 71.2% year over year.
- At 6.3× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 40%
- EPS growth (TTM, YoY)Top 24%
- FCF growth (TTM, YoY)Bottom 41%
- Revenue growth, 3-year CAGRBottom 35%
- Revenue growth accelerationBottom 46%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 35%
- Gross marginTop 37%
- Operating marginTop 15%
- Cash conversion (OCF / net income)Bottom 37%
- Accruals (lower is better)Bottom 27%
- Net debt / EBITDA (lower is better)Bottom 44%
- Interest coverTop 35%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 5%
- Free-cash-flow yieldTop 28%
- EBITDA / enterprise valueTop 13%
- Sales / enterprise valueBottom 38%
- P/E vs own 5-year history (lower is better)Top 11%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 29%
- 6-month returnBottom 35%
- 1-year return vs S&P 500Bottom 39%
- Distance from 52-week highTop 33%
- Trend checklist (0–4)Bottom 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 49%
- Consecutive EPS beatsBottom 47%
- Share of analysts rating BuyBottom 36%
- Upside to consensus price targetBottom 19%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 1%
- Maximum drawdown, 3 yearsTop 5%
- Beta vs S&P 500 (lower is better)Top 5%
- Net debt / EBITDA (lower is better)Bottom 44%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 2.9% | 2.6% | ↓ |
| EPS growth (YoY) | 82.4% | 71.2% | ↓ |
| Gross margin | 51.2% | 59.7% | ↑ |
| Operating margin | 19.5% | 20.4% | ↑ |
| FCF margin | 15.8% | 13.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 2.6% | 2.9% | ↓ | Bottom 40% |
| EPS growth (TTM, YoY) | 71.2% | 82.4% | ↓ | Top 24% |
| Gross margin | 59.7% | 51.2% | ↑ | Top 37% |
| Operating margin | 20.4% | 19.5% | ↑ | Top 15% |
| Net margin | 16.9% | 10.3% | ↑ | — |
| Free-cash-flow margin | 13.9% | 15.8% | ↓ | — |
| Return on invested capital | 6.0% | — | Top 35% | |
| Revenue growth, 3-year CAGR | 1.3% | — | Bottom 35% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.86×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -6.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.70×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.21%
- Net buyback yield (TTM)
- 5.19%
- Shareholder yield
- 10.40%
- Share count change, 1 year
- -3.8%
- Share count change, 3-year CAGR
- -1.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 22, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +5.2%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $21.29
- Target vs current price
- +12.2%
- Analysts with a rating
- 9
- Share rating Buy or Strong Buy
- 44%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 22, 2026 | +10.2% | -0.9% | -0.7% | -3.6% | — |
| Apr 22, 2026 | -2.2% | +0.5% | +0.3% | -2.0% | -5.5% |
| Jan 28, 2026 | +12.4% | -0.3% | -0.9% | +0.3% | -4.4% |
| Oct 22, 2025 | +0.6% | -0.9% | -1.6% | -5.8% | -5.0% |
| Jul 22, 2025 | +17.8% | -0.7% | +0.2% | +2.8% | +3.2% |
| Apr 22, 2025 | +18.3% | +0.6% | +2.5% | -1.5% | +1.6% |
| Jan 27, 2025 | +8.0% | -0.4% | -1.1% | -0.7% | -6.2% |
| Oct 23, 2024 | +5.4% | -0.7% | -1.6% | -2.5% | -1.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 22, 2026 | $0.65 | $0.59 | +10.2% | $31.56B |
| Apr 22, 2026 | $0.54 | $0.55 | -2.2% | $31.51B |
| Jan 28, 2026 | $0.52 | $0.46 | +12.4% | $33.47B |
| Oct 22, 2025 | $0.54 | $0.54 | +0.6% | $30.71B |
| Jul 22, 2025 | $0.62 | $0.53 | +17.8% | $30.85B |
| Apr 22, 2025 | $0.60 | $0.51 | +18.3% | $30.63B |
| Jan 27, 2025 | $0.54 | $0.50 | +8.0% | $32.30B |
| Oct 23, 2024 | $0.60 | $0.57 | +5.4% | $30.21B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 6.3× | 11.3× | 0th | Top 5% |
| P/E (forward) | 8.3× | — | — | — |
| EV / EBITDA | 5.6× | — | — | Top 13% |
| EV / Sales | 2.35× | — | — | Bottom 38% |
| Free-cash-flow yield | 11.47% | — | — | Top 28% |
| Earnings yield | 15.87% | — | — | Top 5% |
P/E over the past five years
Range 6.6× – 237.2× since Sep 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -19.1%
- Earnings per share growth (TTM)
- +71.2%
- Change in P/E multiple
- -47.8%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.4%
- 200-day average slope (20 days)
- -1.4%
- Distance from 50-day average
- -2.7%
- Distance from 200-day average
- -10.2%
- RSI (14)
- 34.1
- Relative volume
- 1.41×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 8.1%
- Volatility vs own 5-year history
- 27th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.11
- Correlation with S&P 500
- 0.18
- Current drawdown from 1-year high
- -19.5%
- Maximum drawdown, 3 years
- -24.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 31, 2020 | Sep 30, 2026 | -31.8% | 1442 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $153.88B
- P/E (TTM)
- 6.3
- EPS, diluted (TTM)
- $3.01
- Revenue (TTM)
- $127.24B
- Dividend yield
- 8.81%
- 52-week range
- $18.77 – $23.62
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $134.04B | $120.74B | $122.43B | $122.34B | $125.65B |
| Gross profit | $73.63B | $69.89B | $53.53B | $52.53B | $74.83B |
| Operating income | $25.90B | -$4.59B | $24.77B | $24.26B | $25.00B |
| Net income | $20.08B | -$8.52B | $14.40B | $10.95B | $21.89B |
| EPS (diluted) | $2.73 | -$1.13 | $1.97 | $1.49 | $3.04 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.21B | $32.30B | $30.63B | $30.85B | $30.71B | $33.47B | $31.51B | $31.56B |
| Net income | -$174.0M | $4.08B | $4.35B | $4.50B | $9.31B | $3.72B | $3.83B | $4.63B |
| EPS (diluted) | -$0.03 | $0.56 | $0.61 | $0.62 | $1.29 | $0.52 | $0.54 | $0.66 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $41.96B | $32.02B | $38.31B | $38.77B | $40.28B |
| Capital expenditure | -$16.53B | -$19.63B | -$17.85B | -$20.26B | -$20.84B |
| Free cash flow | $25.43B | $12.40B | $20.46B | $18.51B | $19.44B |
| Dividends paid | -$15.07B | -$9.86B | -$8.14B | -$8.21B | -$8.18B |
| Net share buybacks | -$106.0M | -$862.0M | -$191.0M | -$200.0M | -$6.55B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $17.57B
- Total assets
- $428.36B
- Total liabilities
- $301.93B
- Total debt
- $162.89B
- Net debt
- $145.32B
- Shareholders’ equity
- $110.44B
As of Jun 30, 2026 (filed Jul 22, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 16, 2026 | $0.33 | Nov 2, 2026 |
| Jul 17, 2026 | $0.33 | Aug 3, 2026 |
| Apr 16, 2026 | $0.33 | May 1, 2026 |
| Jan 16, 2026 | $0.33 | Feb 2, 2026 |
| Oct 17, 2025 | $0.33 | Nov 3, 2025 |
| Jul 17, 2025 | $0.33 | Aug 1, 2025 |
| Apr 16, 2025 | $0.33 | May 1, 2025 |
| Jan 17, 2025 | $0.33 | Feb 3, 2025 |
Short interest
- Shares sold short
- 13,184
- Days to cover
- 1.00
- Change vs previous report
- +46.8%
FINRA short interest, settlement date Sep 15, 2026.