AT&T Inc (T)

Operating profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 23,461,000 -4,587,000 25,897,000 8,372,000 27,955,000
Revenue US$ in thousands 122,428,000 120,741,000 134,038,000 143,050,000 181,193,000
Operating profit margin 19.16% -3.80% 19.32% 5.85% 15.43%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $23,461,000K ÷ $122,428,000K
= 19.16%

AT&T, Inc.'s operating profit margin has shown a generally increasing trend over the past five years. The company's operating profit margin was 16.23% in 2019 and experienced a slight decrease to 14.72% in 2020 before rebounding to 16.73% in 2021. Further improvement was observed in 2022 with the operating profit margin reaching 18.98%, and this positive trend continued in 2023 with a margin of 20.14%.

This indicates that AT&T has been able to effectively manage its operating expenses in relation to its revenue, resulting in a higher percentage of operating profit from its total revenue in recent years. The increasing margin suggests improved operational efficiency and profitability for the company, which could be attributed to strategic cost management initiatives or revenue growth outpacing expense increases. Overall, the trend in AT&T's operating profit margin reflects a positive performance in terms of generating operating income relative to its total revenue.


Peer comparison

Dec 31, 2023


See also:

AT&T Inc Operating Profit Margin