AT&T
AT&T is the world’s largest telecommunications company and the second largest provider of mobile phone services. In recent years, the multinational conglomerate made significant moves into the media and entertainment industries, most notably becoming the parent company of WarnerMedia in 2018. But in February 2021 AT&T announced it would spin off DirecTV, six years after acquiring the satellite TV business. And in May it announced plans to spin off WarnerMedia, combining it with Discovery. Under CEO John Stankey’s aegis, the company instead wants to focus on growing its 5G wireless connectivity and, in pursuit of this goal, is now in the midst of an intense, multibillion-dollar battle with competitors like T-Mobile and Verizon for the highest speed and most widely available 5G network.
Taylor Glascock—Bloomberg via Getty Images
Company Information
As of 6/5/23
Country
U.S.
Headquarters
Dallas
Industry
Telecommunications
CEO
John T. Stankey
Website
Company Type
Public
Ticker
T
Revenues ($M)
$120,741
Profits ($M)
$-8,524
Market Value ($M)
$137,250
Employees
160,700
Market value as of March 31, 2023.
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
-1.13
EPS % Change (from 2021)
-140.9%
EPS % Change (5 year annual rate)
-
EPS % Change (10 year annual rate)
-
Total Return
Total Return to Investors (2022)
5.8%
Total Return to Investors (5 year, annualized)
-2.8%
Total Return to Investors (10 year, annualized)
2.6%
America's Most Innovative Companies
Sector
Telecommunications
Culture rank
216
Process rank
78
Product rank
10
World's Most Admired Companies
Sector
Computers and Communication
Industry
Telecommunications
Current All-Star Rank
-
Previous All-Star Rank
-
Industry Rank
3
Previous Industry Rank
2
Overall Score
6.4
Innovation
3
People Management
3
Use of Corporate Assets
2
Social Responsibility
3
Quality of Management
4
Financial Soundness
4
Long-Term Investment Value
3
Quality of Products/Services
2
Global Competitiveness
6
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$168,864
-1.7%
Profits ($M)
$20,081
-
Assets ($M)
$551,622
-
Total Stockholder Equity ($M)
$166,332
-
Profit Ratios
Profit as % of Revenues
11.9%
Profits as % of Assets
3.6%
Profits as % of Stockholder Equity
12.1%
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