Skip to Content
  • Previous Rank19
  • Revenues ($M)$160,546
  • Revenue Percent Change-2%
  • Profits ($M)$29,450.00
  • Profits Percent Change127%
  • Assets ($M)$444,097.00
  • Employees254,000

It was supposed to be a year of triumph for AT&T CEO Randall Stephenson’s growth through diversification strategy, but the Trump administration had other ideas. Even though subscribership had slipped at DirecTV, Stephenson’s earlier diversification play, antitrust regulators sued AT&T to block its acquisition of entertainment power Time Warner. A federal judge ruled in June that the merger could go forward, but the Justice Department has filed to appeal the decision. Overall, revenue declined 2% as unlimited wireless data plans and a shrinking pay TV audience cut into sales growth, despite gains from AT&T’s new Internet TV service and strong Latin American expansion.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Information

CEO
Randall L. Stephenson
Sector
Telecommunications
Industry
Telecommunications
HQ Location
Dallas
Websitehttp://www.att.com
Years on Global 500 List24
Employees254,000
Acquired Time Warner (2017 rank: 379), June 14, 2018.

AT&T Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$160,546-2%
Profits ($M)$29,450.00127%
Assets ($M)$444,097.00-
Total Stockholder Equity ($M)$140,861.00-

Profit Ratios

Profit as % of Revenues18.3%
Profits as % of Assets6.6%
Profits as % of Stockholder Equity20.9%