AT&T Inc (T)
Net profit margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 14,400,000 | -8,524,000 | 20,081,000 | -5,176,000 | 13,903,000 |
Revenue | US$ in thousands | 122,428,000 | 120,741,000 | 134,038,000 | 143,050,000 | 181,193,000 |
Net profit margin | 11.76% | -7.06% | 14.98% | -3.62% | 7.67% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $14,400,000K ÷ $122,428,000K
= 11.76%
The net profit margin of AT&T, Inc. has shown significant fluctuations over the years. In 2023, the company achieved a robust net profit margin of 11.59%, indicating that for every dollar of revenue generated, the company retained $0.1159 as profit after accounting for all expenses.
On the other hand, in 2022, AT&T, Inc. experienced a negative net profit margin of -7.23%, implying that the company's expenses exceeded its revenue, resulting in a loss. This negative performance raises concerns about the company's ability to control costs and generate profits efficiently.
In 2021, AT&T, Inc. rebounded strongly with a net profit margin of 11.77%, demonstrating a healthy profitability level compared to the prior year. Conversely, in 2020, the company faced challenges with a negative net profit margin of -3.13%, indicating financial difficulties and potential inefficiencies in cost management.
In 2019, AT&T, Inc. registered a positive net profit margin of 7.67%, reflecting a reasonable level of profitability during that period. Overall, the fluctuations in net profit margin highlight AT&T's variability in generating profits relative to its revenue, suggesting the importance of closely monitoring and managing operational expenses to ensure sustained profitability in the future.
Peer comparison
Dec 31, 2023