Switch theme
Sign up to access all valuation multiples
The wireless business contributes nearly 70% of AT&T’s revenue. The firm is the third-largest US wireless carrier, connecting 72 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 23 million customers, but this business only accounts for 4% of revenue. The firm recently 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 $44.9B
$329B
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 $44.9B.
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| FY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $121B | $122B | $122B | $123B | XXX |
| Gross Profit | $69.9B | $72.3B | $73.1B | XXX | XXX |
| Gross Margin | 58% | 59% | 60% | XXX | XXX |
| EBITDA | $21.0B | $45.3B | $44.0B | $44.9B | XXX |
| EBITDA Margin | 17% | 37% | 36% | 37% | XXX |
| Net Profit | -$8.5B | $14.4B | $10.9B | XXX | XXX |
| Net Margin | -7% | 12% | 9% | XXX | XXX |
| Net Debt | $132B | $131B | $120B | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of February 21, 2025, AT&T's stock price is $27.
AT&T has current market cap of $191B, and EV of $329B.
See AT&T trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $329B | $191B | XXX | XXX | XXX | XXX | $2.23 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of February 21, 2025, AT&T has market cap of $191B and EV of $329B.
AT&T's trades at 2.7x LTM EV/Revenue multiple, and 7.3x LTM EBITDA.
Analysts estimate AT&T's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for AT&T and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $329B | XXX | XXX | XXX |
| EV/Revenue | 2.7x | XXX | XXX | XXX |
| EV/EBITDA | 7.5x | XXX | XXX | XXX |
| P/E | 17.5x | XXX | XXX | XXX |
| P/E/Growth | 1.0x | XXX | XXX | XXX |
| EV/FCF | 17.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpAT&T's NTM/LTM revenue growth is 1%
AT&T's revenue per employee for the last fiscal year averaged $0.9M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, AT&T's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate AT&T's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for AT&T and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 0% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 36% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -3% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 37% | 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 |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
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 | |
| 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 |
| Globalstar | 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.
Sign Up| 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, KPN. |
| What is the current market cap of AT&T? | AT&T's current market cap is $191B |
| What is the current revenue of AT&T? | AT&T's last 12-month revenue is $123B. |
| What is the current EBITDA of AT&T? | AT&T's last 12-month EBITDA is $44.9B. |
| What is the current EV/Revenue multiple of AT&T? | Current revenue multiple of AT&T is 2.7x. |
| What is the current EV/EBITDA multiple of AT&T? | Current EBITDA multiple of AT&T is 7.3x. |
| What is the current revenue growth of AT&T? | AT&T revenue growth between 2023 and 2024 was 0%. |
| Is AT&T profitable? | Yes, AT&T is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
