# AT&T INC. (T) · Edgar & Edgarette company card

> At&T (T) grew revenue 2.7% in FY2025 to $125.6 billion, operating margin 19.2% against a 2.5% median for telephone communications (no radiotelephone), equity 30.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 732717 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/T) · [JSON](https://www.pops4.com/boards/company/T.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $125.6B |
| Revenue growth, 1 year | 2.7% |
| Revenue growth per year | -1.6% |
| Operating margin | 19.2% (prior year 15.6%) |
| Net margin | 18.6% |
| Operating cash flow | $40.3B |
| Capital spending | $20.8B |
| Free cash flow | $19.4B |
| Cash | $18.2B |
| Long-term debt | $136.1B |
| Total assets | $420.2B |
| Total equity | $126.5B |
| Equity ÷ assets | 30.1% |
| Return on equity | 18.5% |
| Dividend per share | $1.11 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 0.88 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $125.6B (FY2025), total debt $136.1B. Experience: revenue up 2.7% on the year, down 1.6% a year over 4 years; operating margin 19.2%, up from 15.6%. Soundness: equity 30.1% of assets, return on equity 18.5%, payout 35.0% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $113.7B and $135.1B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $105.4B to $144.8B. A statistical range, not company guidance. Against peers (14 filers, $50M+ revenue, telephone communications (no radiotelephone)): operating margin 19.2% against a 2.5% median; growth 2.7% against 2.3%.

Range logged 2026-09-25, receipt fd3113e36485c221, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-10-16 ([filing](https://www.sec.gov/Archives/edgar/data/732717/000119312526424057/0001193125-26-424057-index.htm))

## Recent filings

- 10-Q · filed 2026-10-21 · [filing](https://www.sec.gov/Archives/edgar/data/732717/000073271726000372/0000732717-26-000372-index.htm)
- 8-K · filed 2026-10-21 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/732717/000073271726000370/0000732717-26-000370-index.htm)
- 8-K · filed 2026-10-16 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/732717/000119312526424057/0001193125-26-424057-index.htm)
- 8-K · filed 2026-09-09 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/732717/000119312526386534/0001193125-26-386534-index.htm)
- 8-K · filed 2026-08-17 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/732717/000119312526354091/0001193125-26-354091-index.htm)
- 8-K · filed 2026-08-04 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/732717/000119312526332110/0001193125-26-332110-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000732717.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=732717

## Cite

POPS4, Edgar & Edgarette: AT&T INC. (T) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/T. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.