AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also provides data, voice, security, cloud solutions, outsourcing, and managed and professional services, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband fiber and legacy telephony voice communication services to residential customers. It markets its communications services and products under the AT&T, Cricket, AT&T PREPAID, and AT&T Fiber brand names. The company's Latin America segment provides wireless services in Mexico; and video services in Latin America. This segment markets its services and products under the AT&T and Unefon brand names. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is headquartered in Dallas, Texas.

AT&T Inc.

Service

Service %Chg

Service Common Size

Wireless Service

Wireless Service %Chg

Wireless Service Common Size

Data

Data %Chg

Data Common Size

Voice

Voice %Chg

Voice Common Size

Directory %Chg

Directory Common Size

Equipment

Equipment %Chg

Equipment Common Size

Other

Other %Chg

Other Common Size

Total Operating Revenues

Total Operating Revenues %Chg

Total Operating Revenues Common Size

Cost of Services and Sales

Cost of Services and Sales %Chg

Cost of Services and Sales Common Size

Broadcast, Programming and Operations

Broadcast, Programming and Operations %Chg

Broadcast, Programming and Operations Common Size

Other Cost of Revenues

Other Cost of Revenues %Chg

Other Cost of Revenues Common Size

Selling, General and Administrative

Selling, General and Administrative %Chg

Selling, General and Administrative Common Size

Asset Impairments and Abandonments

Asset Impairments and Abandonments %Chg

Asset Impairments and Abandonments Common Size

Asset Impairments and Abandonments and Restructuring

Asset Impairments and Abandonments and Restructuring %Chg

Asset Impairments and Abandonments and Restructuring Common Size

Depreciation and Amortization

Depreciation and Amortization %Chg

Depreciation and Amortization Common Size

Total Operating Expenses

Total Operating Expenses %Chg

Total Operating Expenses Common Size

Operating Income

Operating Income %Chg

Operating Income Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Equity in Net Income of Affiliates

Equity in Net Income of Affiliates %Chg

Equity in Net Income of Affiliates Common Size

Other Income - Net

Other Income - Net %Chg

Other Income - Net Common Size

Total Other Income

Total Other Income %Chg

Total Other Income Common Size

Income Before Income Taxes

Income Before Income Taxes %Chg

Income Before Income Taxes Common Size

Income Tax Expense

Income Tax Expense %Chg

Income Tax Expense Common Size

Income from Continuing Operations

Income from Continuing Operations %Chg

Income from Continuing Operations Common Size

Income from Discontinued Operations, Net of Tax

Income from Discontinued Operations, Net of Tax %Chg

Income from Discontinued Operations, Net of Tax Common Size

Net Income

Net Income %Chg

Net Income Common Size

Net Income Attributable to Noncontrolling Interest

Net Income Attributable to Noncontrolling Interest %Chg

Net Income Attributable to Noncontrolling Interest Common Size

Net Income Attributable to AT&T

Net Income Attributable to AT&T %Chg

Net Income Attributable to AT&T Common Size

Preferred Stock Dividends and Redemption Gain

Preferred Stock Dividends and Redemption Gain %Chg

Preferred Stock Dividends and Redemption Gain Common Size

Net Income Attributable to Common Stock

Net Income Attributable to Common Stock %Chg

Net Income Attributable to Common Stock Common Size

Basic Earnings per Share from Continuing Operations

Basic Earnings per Share from Continuing Operations %Chg

Basic Earnings per Share from Continuing Operations Common Size

Basic Earnings per Share from Discontinued Operations

Basic Earnings per Share from Discontinued Operations %Chg

Basic Earnings per Share from Discontinued Operations Common Size

Basic Earnings per Share Attributable to Common Stock

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Depreciation & Amortization Expenses

Depreciation & Amortization Expenses %Chg

Depreciation & Amortization Expenses Common Size

Other Operating Expenses

Other Operating Expenses %Chg

Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest and Investment Income

Interest and Investment Income %Chg

Interest and Investment Income Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Total Non-Operating Income

Total Non-Operating Income %Chg

Total Non-Operating Income Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Revenues	124,480	122,336	122,428	120,741	134,038	143,050	181,193	170,756	160,546	163,786	146,801
Total Revenues %Chg	2%	-0.1%	1.4%	-9.9%	-6.3%	-21.1%	6.1%	6.4%	-2%	11.6%	10.8%
Service
Equipment
Wireless Service
Data
Voice
Directory
Other
Cost of Sales	50,197	49,221	50,123	50,848	60,407	65,651	84,141	79,419	77,810	77,190	67,046
Cost of Services and Sales
Equipment
Broadcast, Programming and Operations
Other Cost of Revenues
Gross Profit	74,283	73,115	72,305	69,893	73,631	77,399	97,052	91,337	82,736	86,596	79,755
Gross Profit Margin	59.7%	59.8%	59.1%	57.9%	54.9%	54.1%	53.6%	53.5%	51.5%	52.9%	54.3%
Selling, General & Administrative Expenses	28,933	28,411	28,874	28,961	29,669	30,817	39,422	36,765	35,465	36,845	32,919
Selling, General and Administrative
Depreciation & Amortization Expenses	21,132	20,580	18,777	18,021	17,852	22,523	28,217	28,430	24,387	25,847	22,016
Depreciation and Amortization
Other Operating Expenses	518	5,075	1,193	27,498	213	15,687	1,458	46	2,914	361	35
Asset Impairments and Abandonments
Asset Impairments and Abandonments and Restructuring
Operating Profit	23,700	19,049	23,461	-4,587	25,897	8,372	27,955	26,096	19,970	23,543	24,785
Operating Income
Operating Margin	19%	15.6%	19.2%	-3.8%	19.3%	5.9%	15.4%	15.3%	12.4%	14.4%	16.9%
Interest and Investment Income	2,979	1,989	1,675	1,791	603	89	6	-48	-128	98	79
Equity in Net Income of Affiliates
Interest Expense	-6,674	-6,759	-6,704	-6,108	-6,716	-7,727	-8,422	-7,957	-6,300	-4,910	-4,120
Interest Expense
Non-Operating Income	8,045	2,419	1,416	5,810	9,387	-1,088	-1,071	6,782	1,597	1,081	-52
Other Income - Net
Total Non-Operating Income	4,350	-2,351	-3,613	1,493	3,274	-8,726	-9,487	-1,223	-4,831	-3,731	-4,093
Income Before Provision for Income Taxes	28,050	16,698	19,848	-3,094	29,171	-354	18,468	24,873	15,139	19,812	20,692
Income Before Income Taxes
Provision for Income Taxes	4,412	4,445	4,225	3,780	5,395	1,168	3,493	4,920	-14,708	6,479	7,005
Income Tax Expense
Consolidated Net Income	23,638	12,253	15,623	-6,874	23,776	-1,522	14,975	19,953	29,847	13,333	13,687
Income from Continuing Operations
Net Income Attributable to Minority Interests and Other	1,393	1,305	1,223	1,469	1,398	1,355	1,072	583	397	357	342
Net Income Attributable to Noncontrolling Interest
Net Income Attributable to Preferred Dividends	77	202	208	203	207	193	3	—	—	—	—
Preferred Stock Dividends and Redemption Gain
Net Income Attributable to Discontinued Operations	—	—	—	-181	-2,297	-2,299	—	—	—	—	—
Income from Discontinued Operations, Net of Tax
Net Income Attributable to Common Shareholders	22,168	10,746	14,192	-8,727	19,874	-5,369	13,900	19,370	29,450	12,976	13,345
Net Income Attributable to Common Stock
Basic EPS	3.1	1.5	2	-1.1	2.8	-0.8	1.9	2.9	4.8	2.1	2.4
Diluted EPS	3.1	1.5	2	-1.1	2.7	-0.8	1.9	2.9	4.8	2.1	2.4
Basic Weighted Average Shares Outstanding	7,196.3	7,199	7,181	7,166	7,168	7,157	7,319	6,778	6,164	6,168	5,628
Total Shares Outstanding	7,089.4	7,175.9	7,150.1	7,127.6	7,141.1	7,125.9	7,254.6	7,281.6	6,139.4	6,139	6,144.9
Diluted Weighted Average Shares Outstanding	7,206.5	7,204	7,258	7,587	7,503	7,466	7,348	6,806	6,183	6,189	5,646
EBITDA	44,832	39,629	42,238	13,434	43,749	30,895	56,172	54,526	44,357	49,390	46,801
Effective Tax Rate	15.7%	26.6%	21.3%	-122.2%	18.5%	-329.9%	18.9%	19.8%	-97.2%	32.7%	33.9%