Free Cash Flow for AT&T (T)
Free Cash Flow for AT&T (T): headline value $17.35B · YoY +5.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
T
Currently viewingFree Cash FlowSwitch metric
Latest period
$17.35B
YoY change
+5.0%
5Y CAGR
-6.7%
Peak year (2019)
$29.23B
Latest annual
$19.44B
Free Cash Flow history chart for AT&T (T) from 1989 to 2025
Free Cash Flow history table for AT&T (T) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $19.44B | +5.0% | ||
| 2024 | $18.51B | -9.5% | ||
| 2023 | $20.46B | +65.0% | ||
| 2022 | $12.40B | -51.3% | ||
| 2021 | $25.43B | -7.4% | ||
| 2020 | $27.45B | -6.1% | ||
| 2019 | $29.23B | +28.0% | ||
| 2018 | $22.84B | +31.6% | ||
| 2017 | $17.36B | -2.6% | ||
| 2016 | $17.83B | +7.0% | ||
| 2015 | $16.66B | +64.3% | ||
| 2014 | $10.14B | -26.8% | ||
| 2013 | $13.85B | -29.7% | ||
| 2012 | $19.71B | +35.6% | ||
| 2011 | $14.54B | -6.0% | ||
| 2010 | $15.46B | -13.4% | ||
| 2009 | $17.85B | +27.7% | ||
| 2008 | $13.98B | -14.5% | ||
| 2007 | $16.36B | +124.2% | ||
| 2006 | $7.29B | -1.4% | ||
| 2005 | $7.40B | +26.3% | ||
| 2004 | $5.86B | -29.4% | ||
| 2003 | $8.30B | -1.2% | ||
| 2002 | $8.40B | +132.4% | ||
| 2001 | $3.62B | +207.7% | ||
| 2000 | $1.18B | -81.3% | ||
| 1999 | $6.27B | +155.7% | ||
| 1998 | $2.45B | +103.8% | ||
| 1997 | $1.20B | -33.0% | ||
| 1996 | $1.80B | +6.6% | ||
| 1995 | $1.69B | +4.2% | ||
| 1994 | $1.62B | +32.5% | ||
| 1993 | $1.22B | -17.0% | ||
| 1992 | $1.47B | +37.9% | ||
| 1991 | $1.07B | +19.5% | ||
| 1990 | $892.90M | -30.4% | ||
| 1989 | $1.28B | — |
Free Cash Flow values are taken from AT&T's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, AT&T (T) free cash flow totalled $19.44B – grew 5.0% year-over-year.
AT&T free cash flow has contracted on net over the period, with a -6.7% compound annual growth rate over 2020–2025 (5 years).
Between 2019 and 2025, AT&T free cash flow plunged 33.5%, falling from $29.23B to $19.44B.
The dataset's maximum free cash flow sits at $29.23B (2019); the minimum reading of $892.90M dates to 1990.
Among 8 Communication Services peers, AT&T (T) ranks 5th; the peer median for free cash flow is $19.06B.
AT&T Free Cash Flow by Year
AT&T Free Cash Flow 2025: $19.44B
AT&T free cash flow in 2025 was $19.44B, grew 5.0% from 2024.
AT&T Free Cash Flow 2024: $18.51B
AT&T free cash flow in 2024 was $18.51B, declined 9.5% below 2023.
AT&T Free Cash Flow 2023: $20.46B
AT&T free cash flow in 2023 was $20.46B, surged 65.0% from 2022.
AT&T Free Cash Flow 2022: $12.40B
AT&T free cash flow in 2022 was $12.40B, plunged 51.3% below 2021.
AT&T Free Cash Flow 2021: $25.43B
AT&T free cash flow in 2021 was $25.43B.
See more financial history for AT&T (T).
Sector peers — Free Cash Flow
Companies in the same sector as AT&T, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $73.27B | Communication Services |
| Meta Platforms, Inc. (META) | $46.11B | Communication Services |
| Comcast Corporation (CMCSA) | $21.89B | Communication Services |
| Verizon Communications Inc. (VZ) | $20.13B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $18.00B | Communication Services |
| The Walt Disney Company (DIS) | $10.08B | Communication Services |
| Netflix, Inc. (NFLX) | $9.46B | Communication Services |
| Spotify Technology S.A. (SPOT) | $2.87B | Communication Services |
Frequently asked questions
What is AT&T's free cash flow?
Latest reported free cash flow for AT&T (T) is $17.35B (period ending March 31, 2026).
How has AT&T free cash flow changed year-over-year?
AT&T (T) free cash flow changed +5.0% year-over-year on the latest annual filing.
What is the long-term growth rate of AT&T free cash flow?
AT&T (T) free cash flow compound annual growth rate is -6.7% over the most recent 5 years available.
When did AT&T free cash flow hit its highest annual value?
AT&T free cash flow reached its highest annual value of $29.23B in 2019.
What was AT&T free cash flow in 2024?
AT&T (T) free cash flow in 2024 was $18.51B.
What was AT&T free cash flow in 2025?
AT&T (T) free cash flow in 2025 was $19.44B.
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