AT&T market cap is $177.9 b, and annual revenue was $171.76 b in FY 2020

AT&T Gross profit (Q3, 2021)22.1 B

AT&T Gross profit margin (Q3, 2021), %55.3%

AT&T Net income (Q3, 2021)6.3 B

AT&T EBIT (Q3, 2021)7.1 B

AT&T Cash, 30-Sept-202121.3 B

AT&T EV332.2 B

AT&T revenue was $171.76 b in FY, 2020 which is a 5.2% year over year decrease from the previous period.

AT&T revenue breakdown by business segment: 17.2% from WarnerMedia, 78.5% from Communications and 4.3% from Other

AT&T revenue breakdown by geographic segment: 90.8% from United States and 9.2% from Other

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 170.8b | 181.2b | 171.8b |

| 6% | 6% | (5%) |

## Cost of goods sold | 79.4b | 84.1b | 79.9b |

## Gross profit | 91.3b | 97.1b | 91.8b |

| 53% | 54% | 53% |

## General and administrative expense | 36.8b | 39.4b | 38.0b |

## Operating expense total | 65.2b | 69.1b | 85.4b |

## Depreciation and amortization | 28.4b | 28.2b | 28.5b |

## EBIT | 26.1b | 28.0b | 6.4b |

| 15% | 15% | 4% |

## Interest expense | 8.0b | 8.4b | 7.9b |

## Pre tax profit | 24.9b | 18.5b | (2.9b) |

## Income tax expense | 4.9b | 3.5b | 965.0m |

## Net Income | 20.0b | 15.0b | (3.8b) |

## EPS | 2.9 | 1.9 | (0.7) |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 44.8b | 45.0b | 44.6b | 42.8b | 41.0b | 37.8b | 43.9b | 44.0b | 39.9b |

## Cost of goods sold | 20.7b | 20.5b | 20.2b | 19.3b | 18.0b | 19.8b | 21.1b | 21.1b | 17.8b |

## Gross profit | 24.1b | 24.4b | 24.4b | 23.5b | 23.0b | 17.9b | 22.9b | 22.9b | 22.1b |

| 54% | 54% | 55% | 55% | 56% | 47% | 52% | 52% | 55% |

## General and administrative expense | 9.6b | 9.8b | 9.6b | 8.8b | 9.8b | 9.3b | 9.4b | 9.4b | 9.2b |

## Operating expense total | 16.9b | 16.9b | 16.5b | 16.0b | 19.4b | 16.4b | 15.2b | 15.1b | 15.0b |

## Depreciation and amortization | 7.2b | 7.1b | 6.9b | 7.2b | 7.3b | 7.0b | 5.8b | 5.8b | 5.6b |

## EBIT | 7.2b | 7.5b | 7.9b | 7.5b | 3.5b | 6.1b | 7.7b | 3.3b | 7.1b |

| 16% | 17% | 18% | 17% | 9% | 16% | 17% | 7% | 18% |

## Interest expense | 2.1b | 2.1b | 2.1b | 2.0b | 2.0b | 2.0b | 1.9b | 1.7b | 1.7b |

## Pre tax profit | 5.4b | 5.1b | 4.9b | 6.3b | 2.5b | 3.9b | 10.1b | 2.6b | 7.8b |

## Income tax expense | 1.0b | 1.1b | 937.0m | 1.3b | 935.0m | 766.0m | 2.1b | 751.0m | 1.5b |

## Net Income | 4.3b | 4.0b | 3.7b | 5.0b | 1.6b | 3.2b | 7.9b | 1.9b | 6.3b |

## EPS | 0.6 | 0.5 | 0.5 | 0.6 | 0.2 | 0.4 | 1.0 | 0.2 | 0.8 |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 5.2b | 12.1b | 9.7b |

## Accounts Receivable | 26.5b | 22.6b | 20.2b |

## Prepaid Expenses | 2.0b | 1.6b | 1.8b |

## Current Assets | 51.4b | 54.8b | 52.0b |

## PP&E | 131.5b | 130.1b | 127.3b |

## Goodwill | 146.4b | 146.2b | 135.3b |

## Total Assets | 531.9b | 551.7b | 525.8b |

## Accounts Payable | 27.0b | 46.0b | 49.0b |

## Dividends Payable | 3.9b | 3.8b | 3.7b |

## Short-term debt | 10.3b | 11.8b | 3.5b |

## Current Liabilities | 64.4b | 68.9b | 63.4b |

## Long-term debt | 166.3b | 173.1b | 176.0b |

## Total Debt | 176.5b | 185.0b | 179.4b |

## Common Stock | 7.6b | 7.6b | 7.6b |

## Additional Paid-in Capital | 125.5b | 126.3b | 130.2b |

## Retained Earnings | 58.8b | 57.9b | 37.5b |

## Total Equity | 193.9b | 201.9b | 179.2b |

## Debt to Equity Ratio | 0.9 x | 0.9 x | 1 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x |

## Financial Leverage | 2.7 x | 2.7 x | 2.9 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 20.0b | 15.0b | (3.8b) |

## Depreciation and Amortization | 28.4b | 28.2b | 28.5b |

## Accounts Receivable | (1.2b) | 2.8b | 2.2b |

## Accounts Payable | 1.6b | (1.5b) | (1.4b) |

## Cash From Operating Activities | 43.6b | 48.7b | 43.1b |

## Purchases of PP&E | (20.8b) | (19.4b) | (15.6b) |

## Cash From Investing Activities | (63.1b) | (16.7b) | (13.5b) |

## Short-term Borrowings | (2.9b) | (7.2b) | (9.5b) |

## Long-term Borrowings | (52.6b) | (27.6b) | (40.0b) |

## Dividends Paid | (13.4b) | (14.9b) | (15.0b) |

## Cash From Financing Activities | (26.0b) | (25.1b) | (32.0b) |

## Net Change in Cash | (45.5b) | 6.9b | (2.4b) |

## Interest Paid | 8.8b | 8.7b | 8.2b |

## Income Taxes Paid | (354.0m) | 1.4b | 993.0m |

USD | FY, 2018 |
---|---|

## EV/EBIT | 14.5 x |

## EV/CFO | 8.7 x |

## Revenue/Employee | 642.7k |

## Debt/Equity | 0.9 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2.7 x |

## P/E Ratio | 10.0 |

FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Wireless Customers | 157 m | 159.47 m | 163.29 m | 167.56 m | 171 m | |||||||||||

## Video Subscribers | 38.97 m | 39.19 m | 38.82 m | |||||||||||||

## Subscribers (Internet) | 13.5 m | 15.78 m | 15.77 m | 15.75 m | 13.7 m | 15.74 m | 15.7 m | 15.58 m | ||||||||

## Video Connections | 25 m | 25.37 m | 25.45 m | 25.15 m | 24 m | 23.87 m | 22.92 m | 21.56 m | ||||||||

## Network Access Lines in Service | 11.75 m | 11.29 m | 10.83 m | 10.4 m | 9.58 m | 9.21 m | 8.83 m | 8.16 m | 7.88 m | 7.56 m | 6.99 m | 6.69 m | 6.4 m | |||

## Wireless Subscribers (Postpaid Smartphones, Mobility) | 59.87 m | 60.71 m | 60.66 m | |||||||||||||

## Wireless Subscribers (Postpaid Feature Phones and Data-Centric Devices, Mobility) | 17.64 m | 16.18 m | 14.54 m | |||||||||||||

## Wireless Subscribers (Postpaid, Mobility) | 77.51 m | 76.89 m | 75.21 m | 77.15 m | ||||||||||||

## Wireless Subscribers (Prepaid, Mobility) | 15.34 m | 17 m | 17.8 m | 18.1 m | ||||||||||||

## Wireless Subscribers (Branded, Mobility) | 92.85 m | 93.89 m | ||||||||||||||

## Wireless Subscribers (Reseller, Mobility) | 9.37 m | 7.78 m | 6.89 m | 6.54 m | ||||||||||||

## Wireless Subscribers (Connected Devices, Mobility) | 38.99 m | 51.34 m | 65.99 m | 80.77 m | ||||||||||||

## Wireless Subscribers (Mobility) | 141.2 m | 153.01 m | 165.89 m | 182.56 k | ||||||||||||

## Branded Smartphones (Mobility) | 72.92 m | 75.38 m | ||||||||||||||

## Smartphones under Installment Programs (Mobility) | 32.44 m | 31.42 m | ||||||||||||||

## Wireless Net Additions (Postpaid, Mobility) | 641 k | -97 k | -435 k | 2.18 m | ||||||||||||

## Wireless Net Additions (Prepaid, Mobility) | 1.01 m | 1.29 m | 677 k | 379 k | ||||||||||||

## Wireless Net Additions (Branded, Mobility) | 1.65 m | 1.19 m | ||||||||||||||

## Wireless Net Additions (Reseller, Mobility) | -1.87 m | -1.7 m | -928 k | -449 k | ||||||||||||

## Wireless Net Additions (Connected Devices, Mobility) | 9.69 m | 12.32 m | 14.65 m | 14.79 m | ||||||||||||

## Wireless Net Subscriber Additions (Mobility) | 9.47 m | 11.81 m | 13.96 m | 16.9 m | ||||||||||||

## Smartphones Sold under Installment Programs (Mobility) | 16.67 m | 16.34 m | ||||||||||||||

## Branded Churn (Mobility) | 1.68% | 1.67% | ||||||||||||||

## Postpaid Churn (Mobility) | 1.07% | 1.12% | 1.18% | 0.98% | ||||||||||||

## Postpaid Phone-Only Churn (Mobility) | 0.85% | 0.9% | 0.95% | 0.79% | ||||||||||||

## Video Connections (Satellite, Entertainment Group) | 20.46 m | 19.22 m | ||||||||||||||

## Video Connections (U-verse, Entertainment Group) | 3.63 m | 3.68 m | ||||||||||||||

## Video Connections (DIRECTV NOW, Entertainment Group) | 1.16 m | 1.59 m | 926 k | |||||||||||||

## Video Connections (Entertainment Group) | 25.24 m | 24.49 m | 20.4 m | 19.36 m | 18.41 m | 17.78 m | 17.16 m | |||||||||

## Broadband Connections (IP, Entertainment Group) | 13.46 m | 13.73 m | 13.6 m | |||||||||||||

## Broadband Connections (DSL, Entertainment Group) | 888 k | 680 k | 521 k | |||||||||||||

## Broadband Connections (Entertainment Group) | 14.35 m | 14.41 m | 14.12 m | 14.05 m | 13.94 m | 14.1 m | 14.1 m | 14.15 m | 14.17 m | 14.18 m | ||||||

## Retail Consumer Switched Access Lines (Entertainment Group) | 4.77 m | 3.97 m | 3.33 m | 3.2 m | 3.1 m | 2.98 m | 2.86 m | 2.74 m | 2.63 m | 2.53 m | ||||||

## Consumer VoIP Connections (U-verse, Entertainment Group) | 5.22 m | 5.59 m | 5.45 m | 5.27 m | 4.58 m | 4.94 m | 4.77 m | 4.54 m | 3.79 m | 3.63 m | 3.48 m | 3.36 m | 3.23 m | 3.1 m | 2.97 m | 2.84 m |

## Retail Consumer Voice Connections (Entertainment Group) | 10 m | 8.55 m | 7.12 m | 6.83 m | 6.58 m | 6.34 m | 6.09 m | 5.84 m | 5.6 m | 5.37 m | ||||||

## Video Net Additions (Satellite, Entertainment Group) | -554 k | -1.24 m | ||||||||||||||

## Video Net Additions (U-verse, Entertainment Group) | -622 k | 50 k | ||||||||||||||

## Video Net Additions (DIRECTV NOW, Entertainment Group) | 888 k | 436 k | -665 k | -270 k | ||||||||||||

## Video Net Additions (Entertainment Group) | -288 k | -750 k | -4.1 m | -3.26 m | ||||||||||||

## Broadband Net Additions (IP, Entertainment Group) | 574 k | 267 k | -131 k | |||||||||||||

## Broadband Net Additions (DSL, Entertainment Group) | -403 k | -208 k | -159 k | |||||||||||||

## Broadband Net Additions (Entertainment Group) | 171 k | 59 k | -290 k | -73 k | -102 k | 158 k | -19 k | 46 k | 28 k | 6 k | ||||||

## Satellite Subscribers (Vrio) | 13.63 m | 13.84 m | 13.33 m | 10.94 m | ||||||||||||

## Satellite Net Subscriber Additions (Vrio) | 42 k | 250 k | -285 k | -148 k | ||||||||||||

## Wireless Subscribers (Postpaid, Mexico) | 5.5 m | 5.81 m | 5.1 m | 4.96 m | 4.77 m | 4.71 m | 4.7 m | 4.73 m | 4.75 m | 4.78 m | ||||||

## Wireless Subscribers (Prepaid, Mexico) | 2.67 m | 2.87 m | 13.58 m | 13.69 m | 12.78 m | 13.25 m | 13.76 m | 13.76 m | 13.81 m | 14.2 m | ||||||

## Wireless Subscribers (Branded, Mexico) | 14.9 m | 18.07 m | ||||||||||||||

## Wireless Subscribers (Reseller, Mexico) | 204 k | 252 k | 472 k | 504 k | 425 k | 455 m | 489 k | 500 k | 491 k | 493 k | ||||||

## Wireless Subscribers (Mexico) | 15.1 m | 18.32 m | 19.16 m | 19.16 m | 17.97 m | 18.41 m | 18.94 m | 18.98 m | 19.05 m | 19.47 m | ||||||

## Wireless Net Additions (Postpaid, Mexico) | 533 k | 307 k | -608 k | -141 k | -191 k | -61 k | -407 k | 29 k | 20 k | 36 k | ||||||

## Wireless Net Additions (Prepaid, Mexico) | 2.67 m | 2.87 m | 1.92 m | 108 k | -915 k | 472 k | 174 k | -2 k | 54 k | 389 k | ||||||

## Wireless Net Additions (Branded, Mexico) | 3.2 m | 3.17 m | ||||||||||||||

## Wireless Net Additions (Reseller, Mexico) | -77 k | 48 k | 219 k | 32 k | 21 k | 30 k | 118 k | 11 k | -9 k | 2 k | ||||||

## Wireless Net Additions (Mexico) | 3.13 m | 3.22 m | 1.53 m | -1 k | -1.09 m | 441 k | -115 k | 38 k | 65 k | 427 k |

FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|

Male (Management), percent | 21% | ||

Female, percent | 11.4% | ||

Male, percent | 21.9% | ||

Female (Board), percent | 8.3% | ||

Male (Board), percent | 25% | ||

Female (Management), percent | 12.3% | ||

Female (Management, USA) | 9.5% | 12.2% | |

Male | 48.7% | 44.9% | |

Female | 24.9% | 21.8% | |

Male (Management, USA) | 16.9% | 21.1% |

FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|

Asian / Pacific Islander (USA), percent | 7.7% | ||

Black (USA), percent | 19% | ||

White (USA), percent | 54.2% | ||

Hispanic / Latino (USA), percent | 15.6% | ||

Other | 3.5% | 3.1% | 2.9% |

Black / African American (USA) | 18.3% | 18.3% | |

Asian / Pacific Islander (USA) | 7.6% | 7.3% | |

White (USA) | 55.2% | 56.2% | |

Hispanic / Latino (USA) | 15.9% | 15.3% |