Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.34 as of Sunday, July 26, 2026.
Forward PE Ratio (10.34) = Close Price ($24.13) / Consensus Forward EPS ($2.33)
FORWARD PE RATIO
10.34
SECTOR MEDIAN · COMMUNICATION SERVICES
16.36
median of 21 covered companies
CURRENT VS SECTOR MEDIAN
-36.80%
vs the sector median at left
AT&T Inc.
Market Cap
$165.35B
Forward PE Ratio
10.34
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| AT&T Inc. (T) | $165.35B | 10.34 |
| The Walt Disney Company (DIS)vs › | $164.71B | 13.95 |
| T-Mobile US, Inc. (TMUS)vs › | $193.18B | 16.69 |
| Verizon Communications Inc. (VZ)vs › | $193.66B | 9.31 |
| Spotify Technology S.A. (SPOT)vs › | $99.24B | 38.32 |
| Comcast Corporation (CMCSA)vs › | $79.12B | 6.38 |
| DoorDash, Inc. (DASH)vs › | $75.34B | 68.20 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $64.61B | N/A |
| Live Nation Entertainment, Inc. (LYV)vs › | $41.25B | N/A |
| Netflix, Inc. (NFLX)vs › | $291.85B | 19.50 |
Trailing P/E
8.0
reported TTM EPS
Forward P/E
10.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.33 implies -22.6% EPS decline vs the reported trailing $3.01.
At today's $24.13 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.33 | $2.30 – $2.38 | 14 | 10.3x |
| 2027-12-31 | $2.56 | $2.43 – $2.67 | 14 | 9.4x |
| 2028-12-31 | $2.91 | $2.83 – $2.99 | 8 | 8.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute