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