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The wireless business contributes nearly 70% of AT&T’s revenue. The firm is the third-largest US wireless carrier, connecting 73 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 15% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 24 million customers, but this business only accounts for 3% of revenue. The firm has agreed to sell its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.
1983
141.0K+
LTM Revenue $123B
LTM EBITDA $45.3B
$334B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
AT&T has a last 12-month revenue of $123B and a last 12-month EBITDA of $45.3B.
In the most recent fiscal year, AT&T achieved revenue of $122B and an EBITDA of $44.0B.
AT&T expects next 12-month revenue of XXX and NTM EBITDA of XXX
See AT&T valuation multiples based on analyst estimates| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue | $123B | XXX | XXX | XXX | XXX |
| Gross Profit | $78.2B | XXX | XXX | XXX | XXX |
| Gross Margin | 64% | XXX | XXX | XXX | XXX |
| EBITDA | $45.3B | XXX | XXX | XXX | XXX |
| EBITDA Margin | 37% | XXX | XXX | XXX | XXX |
| EBIT | $21.1B | XXX | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | XXX | XXX | XXX |
| Net Profit | $13.6B | XXX | XXX | XXX | XXX |
| Net Margin | 11% | XXX | XXX | XXX | XXX |
| Net Debt | $120B | XXX | XXX | XXX | XXX |
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As of May 30, 2025, AT&T's stock price is $27.
AT&T has current market cap of $197B, and EV of $334B.
See AT&T trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $334B | $197B | XXX | XXX | XXX | XXX | $2.19 |
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Start Free TrialAs of May 30, 2025, AT&T has market cap of $197B and EV of $334B.
AT&T's trades at 2.7x EV/LTM Revenue multiple, and 7.4x EV/LTM EBITDA.
Equity research analysts estimate AT&T's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
AT&T has a P/E ratio of 14.5x.
See valuation multiples for AT&T and 10K+ public comps| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Market cap (current) | $197B | XXX | XXX | XXX | XXX |
| EV (current) | $334B | XXX | XXX | XXX | XXX |
| EV/Revenue | 2.7x | XXX | XXX | XXX | XXX |
| EV/EBITDA | 7.4x | XXX | XXX | XXX | XXX |
| EV/EBIT | 15.8x | XXX | XXX | XXX | XXX |
| EV/Gross Profit | 4.3x | XXX | XXX | XXX | XXX |
| P/E | 14.5x | XXX | XXX | XXX | XXX |
| EV/FCF | 19.1x | XXX | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialAT&T's last 12 month revenue growth is 1%
AT&T's revenue per employee for the last 12 months averaged $0.9M, while opex per employee averaged $0.3M for the same period.
AT&T's rule of 40 is 38% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
AT&T's rule of X is 40% (another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for AT&T and other 10K+ public comps| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 37% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 3% | XXX | XXX | XXX | XXX |
| Rule of 40 | 38% | XXX | XXX | XXX | XXX |
| Bessemer Rule of X | 40% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.9M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 40% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| e& | XXX | XXX | XXX | XXX | XXX | XXX |
| Space42 | XXX | XXX | XXX | XXX | XXX | XXX |
| Jordan Telecom | XXX | XXX | XXX | XXX | XXX | XXX |
| KPN | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
AT&T acquired XXX companies to date.
Last acquisition by AT&T was XXXXXXXX, XXXXX XXXXX XXXXXX . AT&T acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was AT&T founded? | AT&T was founded in 1983. |
| Where is AT&T headquartered? | AT&T is headquartered in United States of America. |
| How many employees does AT&T have? | As of today, AT&T has 141.0K+ employees. |
| Who is the CEO of AT&T? | AT&T's CEO is Mr. John T. Stankey. |
| Is AT&T publicy listed? | Yes, AT&T is a public company listed on NYS. |
| What is the stock symbol of AT&T? | AT&T trades under T ticker. |
| When did AT&T go public? | AT&T went public in 1946. |
| Who are competitors of AT&T? | Similar companies to AT&T include e.g. , e&, Space42, Jordan Telecom. |
| What is the current market cap of AT&T? | AT&T's current market cap is $197B |
| What is the current revenue of AT&T? | AT&T's last 12 months revenue is $123B. |
| What is the current revenue growth of AT&T? | AT&T revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of AT&T? | Current revenue multiple of AT&T is 2.7x. |
| Is AT&T profitable? | Yes, AT&T is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of AT&T? | AT&T's last 12 months EBITDA is $45.3B. |
| What is AT&T's EBITDA margin? | AT&T's last 12 months EBITDA margin is 37%. |
| What is the current EV/EBITDA multiple of AT&T? | Current EBITDA multiple of AT&T is 7.4x. |
| What is the current FCF of AT&T? | AT&T's last 12 months FCF is $17.5B. |
| What is AT&T's FCF margin? | AT&T's last 12 months FCF margin is 14%. |
| What is the current EV/FCF multiple of AT&T? | Current FCF multiple of AT&T is 19.1x. |
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