TTM
42.3%
YoY change
+7.55pp
Trough year (2022)
17.4%
Peak year (1988)
48.2%
Latest annual
43.5%
EBITDA Margin history chart for AT&T (T) from 1985 to 2025
Latest: 43.5%
EBITDA Margin change chart for AT&T (T) from 1985 to 2025
Latest: +7.55pp
EBITDA Margin history table for AT&T (T) from 1985 to 2025
| 2025 | 43.5% | +7.55pp | ||
| 2024 | 36.0% | -1.03pp | ||
| 2023 | 37.0% | +19.57pp | ||
| 2022 | 17.4% | -22.63pp | ||
| 2021 | 40.1% | +20.53pp | ||
| 2020 | 19.5% | -10.86pp | ||
| 2019 | 30.4% | -5.45pp | ||
| 2018 | 35.8% | +7.32pp | ||
| 2017 | 28.5% | -2.33pp | ||
| 2016 | 30.9% | -1.02pp | ||
| 2015 | 31.9% | +7.87pp | ||
| 2014 | 24.0% | -14.87pp | ||
| 2013 | 38.9% | +13.79pp | ||
| 2012 | 25.1% | +2.52pp | ||
| 2011 | 22.6% | -10.09pp | ||
| 2010 | 32.7% | -1.11pp | ||
| 2009 | 33.8% | -1.41pp | ||
| 2008 | 35.2% | -1.38pp | ||
| 2007 | 36.6% | +0.67pp | ||
| 2006 | 35.9% | +2.03pp | ||
| 2005 | 33.9% | -4.81pp | ||
| 2004 | 38.7% | -5.22pp | ||
| 2003 | 43.9% | -3.35pp | ||
| 2002 | 47.2% | +0.14pp | ||
| 2001 | 47.1% | +0.48pp | ||
| 2000 | 46.6% | +4.56pp | ||
| 1999 | 42.1% | -4.56pp | ||
| 1998 | 46.6% | +9.82pp | ||
| 1997 | 36.8% | -6.14pp | ||
| 1996 | 42.9% | -0.66pp | ||
| 1995 | 43.6% | +1.54pp | ||
| 1994 | 42.1% | -0.03pp | ||
| 1993 | 42.1% | -0.26pp | ||
| 1992 | 42.4% | +0.58pp | ||
| 1991 | 41.8% | +0.70pp | ||
| 1990 | 41.1% | -3.65pp | ||
| 1989 | 44.7% | -3.52pp | ||
| 1988 | 48.2% | +4.91pp | ||
| 1987 | 43.3% | -2.02pp | ||
| 1986 | 45.4% | +2.13pp | ||
| 1985 | 43.2% | — |
- 202543.5%+7.55pp
- 202436.0%-1.03pp
- 202337.0%+19.57pp
- 202217.4%-22.63pp
- 202140.1%+20.53pp
- 202019.5%-10.86pp
- 201930.4%-5.45pp
- 201835.8%+7.32pp
- 201728.5%-2.33pp
- 201630.9%-1.02pp
- 201531.9%+7.87pp
- 201424.0%-14.87pp
- 201338.9%+13.79pp
- 201225.1%+2.52pp
- 201122.6%-10.09pp
- 201032.7%-1.11pp
- 200933.8%-1.41pp
- 200835.2%-1.38pp
- 200736.6%+0.67pp
- 200635.9%+2.03pp
- 200533.9%-4.81pp
- 200438.7%-5.22pp
- 200343.9%-3.35pp
- 200247.2%+0.14pp
- 200147.1%+0.48pp
- 200046.6%+4.56pp
- 199942.1%-4.56pp
- 199846.6%+9.82pp
- 199736.8%-6.14pp
- 199642.9%-0.66pp
- 199543.6%+1.54pp
- 199442.1%-0.03pp
- 199342.1%-0.26pp
- 199242.4%+0.58pp
- 199141.8%+0.70pp
- 199041.1%-3.65pp
- 198944.7%-3.52pp
- 198848.2%+4.91pp
- 198743.3%-2.02pp
- 198645.4%+2.13pp
- 198543.2%—
EBITDA Margin values are taken from AT&T's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA Margin at AT&T (T)
According to AT&T's latest reported financial statements, the company's latest reported EBITDA margin is 42.3%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, AT&T (T) reported EBITDA margin of 43.53% – expanded 7.5 percentage points year-over-year.
The record annual EBITDA margin stands at 48.25%, reached in 1988; the historical low of 17.45% was recorded in 2022.
AT&T EBITDA Margin by Year
AT&T EBITDA Margin 2025: 43.5%
AT&T posted EBITDA margin of 43.53% in 2025, expanded 7.5 percentage points from 2024.
AT&T EBITDA Margin 2024: 36.0%
In 2024, AT&T reported EBITDA margin of 35.99%, contracted 1.0 percentage points from 2023.
AT&T EBITDA Margin 2023: 37.0%
AT&T EBITDA margin in 2023 was 37.02%, expanded 19.6 percentage points from 2022.
AT&T EBITDA Margin 2022: 17.4%
2022's EBITDA margin for AT&T came in at 17.45%, contracted 22.6 percentage points from 2021. This figure represents the lowest annual value in the available history.
AT&T EBITDA Margin 2021: 40.1%
AT&T EBITDA margin in 2021 was 40.08%.
See more financial history for AT&T (T).
Sector peers by EBITDA Margin
Communication Services peers of AT&T (T), ranked by their latest EBITDA margin
| 72.7% | |
| 52.8% | |
| 51.8% | |
| 35.7% | |
| 35.0% | |
| 31.1% | |
| 21.3% | |
| 17.0% |
- 72.7%
- 52.8%
- 51.8%
- 35.7%
- 35.0%
- 31.1%
- 21.3%
- 17.0%
Frequently asked questions
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