AT&T Inc (T)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	66,593,000	65,885,000	39,925,000	95,144,000	81,675,000
Revenue	US$ in thousands	122,336,000	122,428,000	120,741,000	134,038,000	143,050,000
Gross profit margin		54.43%	53.82%	33.07%	70.98%	57.10%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $66,593,000K ÷ $122,336,000K
= 54.43%

Based on the provided data, AT&T Inc's gross profit margin has exhibited some fluctuations over the years. In December 31, 2020, the gross profit margin stood at 57.10%, indicating that the company retained 57.10% of its total revenue after accounting for the cost of goods sold. The margin experienced a significant increase by December 31, 2021, reaching 70.98%, suggesting an improvement in the company's ability to generate profits from its core operations.

However, there was a notable decrease in the gross profit margin by December 31, 2022, where the margin dropped to 33.07%. This decline may indicate challenges in managing the cost of goods sold relative to revenue during that period. The margin then rebounded by December 31, 2023, with a gross profit margin of 53.82%, showing a recovery in profitability levels compared to the previous year.

As of December 31, 2024, the gross profit margin was recorded at 54.43%, indicating a relatively stable performance in generating profits from sales after deducting direct production costs. Overall, AT&T Inc's gross profit margin fluctuated during the period under review, highlighting the importance of closely monitoring cost management and revenue generation strategies to maintain healthy profitability levels.