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  • Previous Rank
    19
  • Revenues ($M)
    $160,546
  • Revenue Percent Change
    -2%
  • Profits ($M)
    $29,450.00
  • Profits Percent Change
    127%
  • Assets ($M)
    $444,097.00
  • Employees
    254,000

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.

Company Information

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

AT&T Rank History

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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%