(TBB) AT&T - Overview

Exchange: NYSE • Country: USA • Currency: USD • Type: Common Stock • ISIN: US00206R3003

Stock: Wireless, Broadband, Video, Voice

Total Rating 38
Risk 73
Buy Signal -0.61

EPS (Earnings per Share)

EPS (Earnings per Share) of TBB over the last years for every Quarter: "2020-12": 1.0442, "2021-03": 0.211, "2021-06": 0.8156, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": null, "2023-06": null, "2023-09": null, "2023-12": null, "2024-03": null, "2024-06": null, "2024-09": null, "2024-12": 0.56, "2025-03": 0.61, "2025-06": 0.62, "2025-09": 1.29, "2025-12": null,

Revenue

Revenue of TBB over the last years for every Quarter: 2020-12: 45691, 2021-03: 43939, 2021-06: 35740, 2021-09: 31326, 2021-12: 31095, 2022-03: 29712, 2022-06: 29643, 2022-09: 30043, 2022-12: 31343, 2023-03: 30139, 2023-06: 29917, 2023-09: 30350, 2023-12: 32022, 2024-03: 30028, 2024-06: 29797, 2024-09: 30213, 2024-12: 32298, 2025-03: 30626, 2025-06: 30847, 2025-09: 30709, 2025-12: 33466,

Dividends

Dividend Yield 5.89%
Yield on Cost 5y 6.66%
Yield CAGR 5y 0.00%
Payout Consistency 96.0%
Payout Ratio 43.4%
Risk 5d forecast
Volatility 8.76%
Relative Tail Risk -5.11%
Reward TTM
Sharpe Ratio -0.54
Alpha -8.22
Character TTM
Beta 0.185
Beta Downside 0.215
Drawdowns 3y
Max DD 13.30%
CAGR/Max DD 0.33

Description: TBB AT&T January 28, 2026

AT&T Inc. (NYSE:TBB) is a diversified communications and digital entertainment company organized into four operating segments: Business Solutions (wireless, data, and strategic services for enterprise and government clients); Entertainment Group (video, broadband, and voice services for roughly 25 million video and 13.5 million broadband residential customers); Consumer Mobility (post-paid and prepaid wireless voice/data, handset sales, and related accessories for U.S. consumers); and International (DIRECTV/SKY video, plus post-paid and prepaid wireless services to about 15 million Mexican subscribers under the AT&T and Unefon brands). The firm traces its lineage to SBC Communications and rebranded as AT&T in 2005.

Key recent metrics (Q4 2023 / FY 2023):
• Free cash flow ≈ $7.2 bn, down 12 % YoY, reflecting higher interest-expense on $170 bn of net debt.
• Consolidated adjusted EBITDA margin ≈ 30 %, pressured by 5G rollout capex (≈$15 bn annualized) and slower post-paid ARPU growth (-0.8 % YoY).
• Core wireless subscriber base stabilized at ~106 million, with churn under 1 % in the U.S. and Mexico, but growth in the International segment slowed to <0.5 % YoY as competition intensifies.

Sector drivers that could materially affect AT&T’s outlook include the pace of 5G network expansion (industry-wide capex averaging 6 % of revenue), macro-economic pressure on discretionary broadband spend, and regulatory trends around net-neutrality and spectrum auctions; any deviation from current expectations would alter the risk-return profile.

For a deeper, data-rich assessment of AT&T’s valuation dynamics, you might explore the detailed analyst models available on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 21.89b TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.06 > 1.0
NWC/Revenue: -4.02% < 20% (prev -12.84%; Δ 8.82% < -1%)
CFO/TA 0.10 > 3% & CFO 40.28b > Net Income 21.89b
Net Debt (136.81b) to EBITDA (53.20b): 2.57 < 3
Current Ratio: 0.91 > 1.5 & < 3
Outstanding Shares: last quarter (7.18b) vs 12m ago -0.37% < -2%
Gross Margin: 79.77% > 18% (prev 0.43%; Δ 7934 % > 0.5%)
Asset Turnover: 30.83% > 50% (prev 30.99%; Δ -0.15% > 0%)
Interest Coverage Ratio: 4.75 > 6 (EBITDA TTM 53.20b / Interest Expense TTM 6.80b)

Altman Z'' 0.66

A: -0.01 (Total Current Assets 48.73b - Total Current Liabilities 53.78b) / Total Assets 420.20b
B: 0.04 (Retained Earnings 15.77b / Total Assets 420.20b)
C: 0.08 (EBIT TTM 32.31b / Avg Total Assets 407.50b)
D: 0.08 (Book Value of Equity 22.53b / Total Liabilities 293.71b)
Altman-Z'' Score: 0.66 = B

Beneish M -3.58

DSRI: 0.89 (Receivables 8.84b/9.64b, Revenue 125.65b/122.34b)
GMI: 0.54 (GM 79.77% / 42.94%)
AQI: 0.95 (AQ_t 0.52 / AQ_t-1 0.54)
SGI: 1.03 (Revenue 125.65b / 122.34b)
TATA: -0.04 (NI 21.89b - CFO 40.28b) / TA 420.20b)
Beneish M-Score: -3.58 (Cap -4..+1) = AAA

What is the price of TBB shares?

As of February 07, 2026, the stock is trading at USD 22.35 with a total of 64,639 shares traded.
Over the past week, the price has changed by -0.49%, over one month by +0.72%, over three months by -0.16% and over the past year by -1.70%.

Is TBB a buy, sell or hold?

AT&T has no consensus analysts rating.

What are the forecasts/targets for the TBB price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 24.2 8.2%

TBB Fundamental Data Overview January 31, 2026

P/E Trailing = 4.3789
Revenue TTM = 125.65b USD
EBIT TTM = 32.31b USD
EBITDA TTM = 53.20b USD
Long Term Debt = 128.09b USD (from longTermDebt, two quarters ago)
Short Term Debt = 9.01b USD (from shortTermDebt, last quarter)
Debt = 155.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 136.81b USD (from netDebt column, last quarter)
Enterprise Value = 274.46b USD (137.65b + Debt 155.04b - CCE 18.23b)
Interest Coverage Ratio = 4.75 (Ebit TTM 32.31b / Interest Expense TTM 6.80b)
EV/FCF = 14.12x (Enterprise Value 274.46b / FCF TTM 19.44b)
FCF Yield = 7.08% (FCF TTM 19.44b / Enterprise Value 274.46b)
FCF Margin = 15.47% (FCF TTM 19.44b / Revenue TTM 125.65b)
Net Margin = 17.42% (Net Income TTM 21.89b / Revenue TTM 125.65b)
Gross Margin = 79.77% ((Revenue TTM 125.65b - Cost of Revenue TTM 25.42b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 44.20%)
Tobins Q-Ratio = 0.65 (Enterprise Value 274.46b / Total Assets 420.20b)
Interest Expense / Debt = 1.18% (Interest Expense 1.83b / Debt 155.04b)
Taxrate = 2.56% (109.0m / 4.26b)
NOPAT = 31.49b (EBIT 32.31b * (1 - 2.56%))
Current Ratio = 0.91 (Total Current Assets 48.73b / Total Current Liabilities 53.78b)
Debt / Equity = 1.25 (Debt 155.04b / totalStockholderEquity, last quarter 124.49b)
Debt / EBITDA = 2.57 (Net Debt 136.81b / EBITDA 53.20b)
Debt / FCF = 7.04 (Net Debt 136.81b / FCF TTM 19.44b)
Total Stockholder Equity = 111.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.37% (Net Income 21.89b / Total Assets 420.20b)
RoE = 19.71% (Net Income TTM 21.89b / Total Stockholder Equity 111.05b)
RoCE = 13.51% (EBIT 32.31b / Capital Employed (Equity 111.05b + L.T.Debt 128.09b))
RoIC = 13.16% (NOPAT 31.49b / Invested Capital 239.22b)
WACC = 3.71% (E(137.65b)/V(292.70b) * Re(6.60%) + D(155.04b)/V(292.70b) * Rd(1.18%) * (1-Tc(0.03)))
Discount Rate = 6.60% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.08%
Fair Price DCF = unknown (Cash Flow 19.44b)
EPS Correlation: 33.07 | EPS CAGR: 15.13% | SUE: 1.71 | # QB: 1
Revenue Correlation: 55.74 | Revenue CAGR: 3.22% | SUE: N/A | # QB: 0

Additional Sources for TBB Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle