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AT&T Inc. (T) EBITDA Margin: 43.53%

Is AT&T Inc.’s EBITDA margin high or low?

AT&T Inc.'s EBITDA margin of 43.53% is 35% above its 5-year average of 32.27%, near the high end of its 5-year range (17.45%–43.53%).

As of Wednesday, June 17, 2026. 9.48% above its 12-month average of 39.76%.

T EBITDA Margin Chart

T EBITDA Margin
43.53%+20.95% 1Y
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T Average EBITDA Margin Chart

T Current vs Average EBITDA Margin Chart

T EBITDA Margin Metrics

EBITDA MARGIN

43.53%

EBITDA MARGIN AVG TTM

39.76%

EBITDA MARGIN AVG 3Y

33.50%

EBITDA MARGIN AVG 5Y

32.27%

EBITDA MARGIN AVG 10Y

31.92%

EBITDA MARGIN AVG 15Y

30.90%

EBITDA MARGIN AVG 20Y

31.89%

CURRENT VS TTM AVG

+9.48%

CURRENT VS 3Y AVG

+29.95%

CURRENT VS 5Y AVG

+34.90%

CURRENT VS 10Y AVG

+36.36%

CURRENT VS 15Y AVG

+40.88%

CURRENT VS 20Y AVG

+36.51%

T Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
AT&T Inc. (T)$155.54B43.53%39.76%33.50%32.27%
The Walt Disney Company (DIS)vs ›$177.19B20.27%18.14%16.10%14.28%
Verizon Communications Inc. (VZ)vs ›$189.84B34.53%34.89%33.88%34.56%
T-Mobile US, Inc. (TMUS)vs ›$194.67B35.45%36.80%33.37%32.01%
Spotify Technology S.A. (SPOT)vs ›$94.86B13.71%11.64%4.90%2.83%
Comcast Corporation (CMCSA)vs ›$82.50B37.50%33.95%30.53%30.79%
DoorDash, Inc. (DASH)vs ›$74.48B12.31%9.50%2.04%-1.41%
Electronic Arts Inc. (EA)vs ›$51.15B16.54%21.80%24.14%23.65%
Take-Two Interactive Software, Inc. (TTWO)vs ›$42.43B18.91%-16.99%-14.19%-1.50%
Live Nation Entertainment, Inc. (LYV)vs ›$40.20B8.23%7.61%7.59%-4.96%

Margin Comparison

Gross Margin

79.7%

EBITDA Margin

43.5%

Operating Margin

19.4%

Net Margin

16.9%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

AT&T Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AT&T Inc. EBITDA Margin FAQ

What is the EBITDA margin for AT&T Inc. (T)?
The EBITDA margin for T stock is 43.53%.
Is AT&T Inc.'s EBITDA margin high or low?
AT&T Inc.'s EBITDA margin of 43.53% is 35% above its 5-year average of 32.27%, near the high end of its 5-year range (17.45%–43.53%).
What is the TTM average EBITDA margin for AT&T Inc. (T)?
The TTM average EBITDA margin for T stock is 39.76%.
What is the 3Y average EBITDA margin for AT&T Inc. (T)?
The 3Y average EBITDA margin for T stock is 33.50%.
What is the 5Y average EBITDA margin for AT&T Inc. (T)?
The 5Y average EBITDA margin for T stock is 32.27%.
What is the 10Y average EBITDA margin for AT&T Inc. (T)?
The 10Y average EBITDA margin for T stock is 31.92%.
What is the 15Y average EBITDA margin for AT&T Inc. (T)?
The 15Y average EBITDA margin for T stock is 30.90%.
What is the 20Y average EBITDA margin for AT&T Inc. (T)?
The 20Y average EBITDA margin for T stock is 31.89%.

AT&T Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3143.53%
2024-12-3135.99%
2023-12-3137.02%
2022-12-3117.45%
2021-12-3140.08%
2020-12-3119.54%
2019-12-3130.40%
2018-12-3135.85%
2017-12-3128.53%
2016-12-3130.86%
2015-12-3131.89%
2014-12-3124.01%
2013-12-3138.89%
2012-12-3125.10%
2011-12-3122.57%
2010-12-3132.66%
2009-12-3133.77%
2008-12-3135.19%
2007-12-3136.56%
2006-12-3135.89%
2005-12-3133.86%
2004-12-3138.67%
2003-12-3143.90%
2002-12-3147.25%
2001-12-3147.11%
2000-12-3146.63%
1999-12-3142.07%
1998-12-3146.63%
1997-12-3136.80%
1996-12-3142.95%

About AT&T Inc.

Globally, AT&T Inc. delivers an array of telecommunication, media, and technology offerings. Within its Communications division, the company supplies wireless voice and data communication services. It also markets mobile devices, such as smartphones, wireless data access cards, and portable computing gadgets, alongside accessories like protective cases and hands-free equipment. These products are distributed through AT&T's proprietary outlets, authorized agents, and external retail partners. Furthermore, this segment caters to a broad clientele including multinational corporations, small-to-medium-sized enterprises, government entities, and wholesale clients. For these customers, it delivers an extensive suite of services encompassing data, voice connectivity, cybersecurity, cloud-based solutions, outsourcing, and both managed and professional services, in addition to client-side equipment. Residential consumers also benefit from this division's provision of high-speed fiber optic internet and traditional landline telephone services. Its communication-related offerings and merchandise are promoted under well-known brand names such as AT&T, Cricket, AT&T PREPAID, and AT&T Fiber. The Latin America segment is responsible for delivering wireless communication services within Mexico, as well as video entertainment services across the wider Latin American region. These services and products are branded as AT&T and Unefon. Established in 1983 and headquartered in Dallas, Texas, the corporation was previously known as SBC Communications Inc. and officially adopted the name AT&T Inc. in 2005.

Dallas, TX
139,970 employees
Communication Services / Telecommunications Services
Sector
Communication Services
Industry
Telecommunications Services
CEO
John T. Stankey