AT&T Inc (T)

Gross profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Gross profit (ttm) US$ in thousands 94,521,000 93,842,000 79,677,000 79,124,000 84,374,000 84,126,000 91,108,000 102,045,000 107,056,000 86,988,000 88,531,000 82,683,000 81,835,000 117,629,000 119,412,000 125,193,000 79,171,000 80,343,000 81,500,000 77,778,000
Revenue (ttm) US$ in thousands 122,428,000 121,749,000 121,442,000 121,168,000 120,741,000 120,493,000 121,776,000 127,873,000 134,038,000 119,924,000 130,938,000 136,148,000 143,050,000 172,890,000 175,138,000 179,145,000 181,193,000 182,365,000 183,516,000 177,545,000
Gross profit margin 77.21% 77.08% 65.61% 65.30% 69.88% 69.82% 74.82% 79.80% 79.87% 72.54% 67.61% 60.73% 57.21% 68.04% 68.18% 69.88% 43.69% 44.06% 44.41% 43.81%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $94,521,000K ÷ $122,428,000K
= 77.21%

AT&T, Inc.'s gross profit margin has shown a consistent upward trend over the past eight quarters, increasing from 53.21% in Q1 2022 to 59.06% in Q4 2023. This indicates that the company has been able to effectively control its production costs and increase the markup on its products or services during this period.

The improvement in the gross profit margin suggests that AT&T has been able to enhance its pricing strategies, manage its cost of goods sold, or improve its operational efficiency. This trend is generally favorable for the company as it indicates a higher proportion of revenue retained as gross profit before accounting for other operating expenses.

Overall, the sustained increase in gross profit margin reflects positively on AT&T's ability to generate profits from its core operations, which is a key indicator of financial health and performance.


Peer comparison

Dec 31, 2023


See also:

AT&T Inc Gross Profit Margin (Quarterly Data)